Resticted Funds (Tables)

12 Months Ended

Dec. 31, 2017

Resticted Funds Tables

Schedule of Restricted Funds

Restricted funds are as follows:

	Year ended December 31
	2017		2016
Premium trust funds (1)	$	—	$	—
Assigned to state agencies (2)		700,000		700,000
Total restricted funds	$	700,000	$	700,000

(1) As required by law, the Company segregates from its operating accounts the premium collected from insureds that are payable to insurance companies into separate trust accounts. These amounts are included in cash and short-term investments. Trust restrictions on cash and short-term investments were $0 at December 31, 2017 and 2016.

(2) $500,000 and $600,000 included in fixed maturity investments as of December 31, 2017 and 2016, respectively, and $200,000 and $100,000 included in short-term investments as of December 31, 2017 and 2016, respectively, are statutory deposits assigned to and held by the California State Treasurer and the Insurance Commissioner of the State of Nevada. These deposits are required for writing certain lines of business in California and for admission in states other than California.