Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2014

Notes to Financial Statements

Reconcilation of revenues from segments to consolidated

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

	Three Months Ended						Six Months Ended
	June 30						June 30
	2014			2013			2014			2013
Revenues
Insurance company operation	$	6,854,566		$	6,915,053		$	13,529,505		$	13,959,565
Other insurance operations		3,168,472			3,138,212			5,990,845			6,192,772
Intersegment eliminations (1)		(2,401,270	)		(2,290,031	)		(4,458,471	)		(4,439,320	)
Total other insurance operations		767,202			848,181			1,532,374			1,753,452
Total revenues	$	7,621,768		$	7,763,234		$	15,061,879		$	15,713,017
Income before Income Taxes
Insurance company operation	$	731,578		$	830,816		$	2,347,512		$	1,211,854
Other insurance operations		(329,257	)		(444,745	)		(1,038,854	)		(769,605	)
Total income before income taxes	$	402,321		$	386,071		$	1,308,658		$	442,249

(1) Intersegment revenue eliminations reflect commissions 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			As of
		June 30			December 31
		2014			2013
Assets
Insurance company operation	$	122,296,810		$	118,996,312
Intersegment eliminations (2)		(2,232,696	)		(482,624	)
Total insurance company operation		120,064,114			118,513,688
Other insurance operations		14,852,484			14,339,500
Total assets	$	134,916,598		$	132,853,188

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