Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

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
	March 31
	2016			2015
Revenues
Insurance company operation	$	7,850,731		$	7,124,681
Other insurance operations		3,198,146			3,141,640
Intersegment eliminations (1)		(2,519,199	)		(2,434,122	)
Total other insurance operations		678,947			707,518
Total revenues	$	8,529,678		$	7,832,199
Income (Loss) before Income Taxes
Insurance company operation	$	253,754		$	(256,581	)
Other insurance operations		(523,780	)		(334,456	)
Total loss before income taxes	$	(270,026	)	$	(591,037	)

(1) Intersegment revenue eliminations reflect rents paid by Unico to Crusader for spaced leased in the Calabasas building and 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
	March 31			December 31
	2016			2015
Assets
Insurance company operation	$	127,750,846		$	126,406,439
Intersegment eliminations (2)		(2,027,008	)		(1,409,797	)
Total insurance company operation		125,723,838			124,996,642
Other insurance operations		15,773,695			15,173,793
Total assets	$	141,497,533		$	140,170,435

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