Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Revenues, income before income taxes and assets by segment

Revenues and ncome (loss) before income taxes by segment are as follows:

	Three Months Ended						Six Months Ended
	June 30						June 30
	2015			2014			2015			2014
Revenues
Insurance company operation	$	7,594,589		$	6,854,566		$	14,719,270		$	13,529,505
Other insurance operations		3,382,306			3,168,472			6,523,946			5,990,845
Intersegment eliminations (1)		(2,663,204	)		(2,401,270	)		(5,097,326	)		(4,458,471	)
Total other insurance operations		719,102			767,202			1,426,620			1,532,374
Total revenues	$	8,313,691		$	7,621,768		$	16,145,890		$	15,061,879
Income (Loss) Before Income Taxes
Insurance company operation	$	254,512		$	731,578		$	(2,068	)	$	2,347,512
Other insurance operations		(71,839	)		(329,257	)		(406,296	)		(1,038,854	)
Total income (loss) before income taxes	$	182,673		$	402,321		$	(408,364	)	$	1,308,658

(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
	June 30			December 31
	2015			2014
Assets
Insurance company operation	$	121,456,170		$	123,048,404
Intersegment eliminations (2)		(634,205	)		(1,657,750	)
Total insurance company operation		120,821,965			121,390,654
Other insurance operations		16,181,512			14,624,915
Total assets	$	137,003,477		$	136,015,569

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