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FCCI logo.svg
Corporate Overview
How we add up
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NEW TEAMMATES
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CONTRACTED AGENCIES
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APPOINTED PRODUCERS
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POLICYHOLDERS
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TEAMMATES
A (Excellent)
A.M. BEST RATING
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Our balance sheet remains very strong and our conservative approach ensures we will have the financial resources to meet our obligations as needed.
Chris Shoucair, EVP, CFO & Treasurer
Billion Total Assets
$2.8
$2.0
Billion Investment Portfolio
$1.0
Billion Direct Written Premium
$852.5
Million GAAP Members’ Equity
$792.4
Million Statutory Surplus
$4.1
Million Policyholders’ Dividends Paid
$42.8
Million Statutory Net Income
Financial Snapshot
FCCI Mutual Insurance Holding Company and Subsidiaries
Summarized Balance Sheet Information (in thousands)
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As of December 31, 2022 and 2021, policyholders’ surplus of the Company’s insurance subsidiaries as determined in accordance with statutory accounting practices was $792,404 and $819,504, respectively.
Summarized Statements of Income Information (in thousands)
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The summarized financial information of the Company is derived from financial statements prepared in conformity with accounting principles generally accepted in the United States of America and are subject to audit by an independent public accounting firm annually. Our audited report and financial statements are available on our corporate website.