Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Reconcilation of revenues from segments to consolidated

Revenues and income before income taxes by segment are as follows:

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2013			2012			2013			2012
Revenues
Insurance company operation	$	6,868,031		$	7,385,390		$	20,827,596		$	22,233,819
Other insurance operations		2,976,559			3,084,781			9,169,331			9,428,709
Intersegment eliminations (1)		(2,161,863	)		(2,241,707	)		(6,601,183	)		(6,832,043	)
Total other insurance operations		814,696			843,074			2,568,148			2,596,666
Total revenues	$	7,682,727		$	8,228,464		$	23,395,744		$	24,830,485
Income (loss) before income taxes
Insurance company operation	$	(15,105)		$	1,571,586		$	1,196,749		$	3,947,115
Other insurance operations		(528,757	)		(437,157	)		(1,298,362	)		(1,840,836	)
Total income (loss) before income taxes	$	(543,862	)	$	1,134,429		$	(101,613	)	$	2,106,279

(1) Intersegment revenue eliminations reflect commission paid by Crusader to Unifax Insurance Systems, Inc., (Unifax) a wholly owned subsidiary of Unico.

Reconcilation of assets from segemnt to consoldated

Assets by segment are as follows:

	As of
	September 30			December 31
	2013			2012
Assets
Insurance company operation	$	120,683,527		$	124,503,134
Intersegment eliminations (2)		(918,979	)		(828,309	)
Total insurance company operation		119,764,548			123,674,825
Other insurance operations		16,345,368			16,333,201
Total assets	$	136,109,916		$	140,008,026

(2) Intersegment asset eliminations reflect the elimination of Crusader receivables and Unifax payables.