Subsequent Events	12 Months Ended
Dec. 31, 2021
Subsequent Events
Subsequent Events	NOTE 21 – SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions for potential recognition or disclosure through the date the consolidated financial statements were issued. Except as disclosed below and elsewhere, no events have occurred subsequent to December 31, 2021 requiring disclosure or recording in the consolidated financial statements. New Lease On January 11, 2022, Crusader entered into a sublease agreement (the “New Lease”) with Western General Insurance Company, in Liquidation, a California corporation (“Western General”) for the lease of approximately 4,199 rentable square feet of office space located at 5230 Las Virgenes Road, Suite 100, Calabasas, CA 91302 (the “Premises”). The New Lease is subject and subordinate to that certain Office Lease by and between Western General and Colorado Capital Calabasas LLC, a Delaware limited liability Company, dated August 1, 2021. Crusader intends to use the Premises for its new corporate headquarters. The term of the New Lease commenced on February 1, 2022 (the “Commencement Date”) and will terminate on January 31, 2023, unless earlier terminated pursuant to the terms of the Lease. Beginning on the Commencement Date, Crusader is obligated to make monthly rent payments in an amount of $10,539. In addition, Crusader is obligated to pay Western General its proportionate share, 5.45%, of operating expenses. Crusader was also required to deliver to Western General an initial payment of $20,539, $10,000 of which is held by Western General as a refundable security deposit. Further outsourcing of Claims Processing In January 2022 Crusader engaged a third-party administrator (“TPA”) outside of the Unico Group of Companies to assist in the claim’s adjudication and settlement process. This outside TPA will supplement U.S. Risk as the company is in runoff and is expected increased claims activity will be outsourced to the TPA through the remainder of 2022. The Crusader staff adjust claims and oversees all outside claim services such as attorneys, independent or outside claim adjusters, investigators, and experts, as necessary. Engagement of this TPA should allow for increased control over paid allocated loss adjustment expenses and reduction the open claims inventory. The financial impact of engaging the TPA cannot be reasonably estimated at this time Further Significant Reduction in Premium Trust Account Deficiency with Unifax In January 2022 Unico, Crusader, and Unifax agreed, with the pre-approval of the Special Examiner, to transfer a computer system, owned by Unico, to Crusader. Unico contributed the computer system at its book value of $1,991,956 to Unifax, and Unifax in turn contributed the computer system to Crusader at its book value of $1,991,956 as a direct reduction in the amount due to Crusader which resulted in a dollar-for-dollar reduction in the premium deficiency. The amount of such deficiency was $275,901 as of March 31, 2022, and $432,900 as of May 31, 2022.

Subsequent Events

12 Months Ended

Dec. 31, 2021

NOTE 21 – SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions for potential recognition or disclosure through the date the consolidated financial statements were issued. Except as disclosed below and elsewhere, no events have occurred subsequent to December 31, 2021 requiring disclosure or recording in the consolidated financial statements.

New Lease

On January 11, 2022, Crusader entered into a sublease agreement (the “New Lease”) with Western General Insurance Company, in Liquidation, a California corporation (“Western General”) for the lease of approximately 4,199 rentable square feet of office space located at 5230 Las Virgenes Road, Suite 100, Calabasas, CA 91302 (the “Premises”). The New Lease is subject and subordinate to that certain Office Lease by and between Western General and Colorado Capital Calabasas LLC, a Delaware limited liability Company, dated August 1, 2021. Crusader intends to use the Premises for its new corporate headquarters.

The term of the New Lease commenced on February 1, 2022 (the “Commencement Date”) and will terminate on January 31, 2023, unless earlier terminated pursuant to the terms of the Lease.

Beginning on the Commencement Date, Crusader is obligated to make monthly rent payments in an amount of $10,539. In addition, Crusader is obligated to pay Western General its proportionate share, 5.45%, of operating expenses. Crusader was also required to deliver to Western General an initial payment of $20,539, $10,000 of which is held by Western General as a refundable security deposit.

Further outsourcing of Claims Processing

In January 2022 Crusader engaged a third-party administrator (“TPA”) outside of the Unico Group of Companies to assist in the claim’s adjudication and settlement process. This outside TPA will supplement U.S. Risk as the company is in runoff and is expected increased claims activity will be outsourced to the TPA through the remainder of 2022. The Crusader staff adjust claims and oversees all outside claim services such as attorneys, independent or outside claim adjusters, investigators, and experts, as necessary. Engagement of this TPA should allow for increased control over paid allocated loss adjustment expenses and reduction the open claims inventory. The financial impact of engaging the TPA cannot be reasonably estimated at this time

Further Significant Reduction in Premium Trust Account Deficiency with Unifax

In January 2022 Unico, Crusader, and Unifax agreed, with the pre-approval of the Special Examiner, to transfer a computer system, owned by Unico, to Crusader. Unico contributed the computer system at its book value of $1,991,956 to Unifax, and Unifax in turn contributed the computer system to Crusader at its book value of $1,991,956 as a direct reduction in the amount due to Crusader which resulted in a dollar-for-dollar reduction in the premium deficiency. The amount of such deficiency was $275,901 as of March 31, 2022, and $432,900 as of May 31, 2022.