Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Revenues and income before income taxes by segment

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

	Three Months Ended
	March 31
	2017			2016
Revenues
Insurance company operation	$	8,201,097		$	7,850,731
Other insurance operations		3,389,455			3,198,146
Intersegment eliminations (1)		(2,630,055	)		(2,519,199	)
Total other insurance operations		759,400			678,947
Total revenues	$	8,960,497		$	8,529,678
Income (Loss) before Income Taxes
Insurance company operation	$	(3,063,919	)	$	253,754
Other insurance operations		(203,430	)		(523,780	)
Total loss before income taxes	$	(3,267,349	)	$	(270,026	)

(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
	2017			2015
Assets
Insurance company operation	$	126,857,152		$	124,325,620
Intersegment eliminations (2)		(2,456,298	)		(1,579,820	)
Total insurance company operation		124,400,854			122,745,800
Other insurance operations		14,559,271			15,476,405
Total assets	$	138,960,125		$	138,222,205

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