Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Revenues and income before income taxes by segment

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

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2015			2014			2015			2014
Revenues
Insurance company operation	$	7,761,310		$	7,033,911		$	22,480,580		$	20,563,416
Other insurance operations		3,191,814			3,006,639			9,715,760			8,997,484
Intersegment eliminations (1)		(2,501,621	)		(2,275,767	)		(7,598,947	)		(6,734,238	)
Total other insurance operations		690,193			730,872			2,116,813			2,263,246
Total revenues	$	8,451,503		$	7,764,783		$	24,597,393		$	22,826,662
Income (Loss) Before Income Taxes
Insurance company operation	$	863,488		$	507,163		$	861,422		$	2,854,676
Other insurance operations		(1,831,128	)		(449,040	)		(2,237,426	)		(1,487,895	)
Total income (loss) before income taxes	$	(967,640	)	$	58,123		$	(1,376,004	)	$	1,366,781

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

Assets by segemnt

   Assets by segment are as follows:

	As of
	September 30			December 31
	2015			2014
Assets
Insurance company operation	$	123,364,104		$	123,048,404
Intersegment eliminations (2)		(1,461,734	)		(1,657,750	)
Total insurance company operation		121,902,370			121,390,654
Other insurance operations		15,632,108			14,624,915
Total assets	$	137,534,478		$	136,015,569

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