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Statutory Accounting and Regulation (Tables)
 9 Months Ended
Sep. 30, 2017
Insurance [Abstract]  
Statutory Accounting Practices
For the three and nine month periods ended September 30, 2017 and 2016, UPC, ACIC, FSIC and IIC recorded the following amounts of statutory net income (loss).
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
UPC
$
(14,852
)
 
$
(3,916
)
 
$
(26,831
)
 
$
(13,240
)
ACIC (1)
$
(2,248
)
 
N/A

 
$
9,566

 
N/A

FSIC
$
(2,700
)
 
$
(933
)
 
$
(1,963
)
 
$
(750
)
IIC
$
(5,028
)
 
986

 
$
(1,010
)
 
9,173

(1) There is not a reportable value for ACIC for the three and nine months ended September 30, 2016 as we did not own the company until April 2017.

Our insurance subsidiaries must maintain capital and surplus ratios or balances as determined by the regulatory authority of the states in which they are domiciled. The table below shows the minimum capital and surplus requirements, as well as the amount of surplus as regards policyholders for our regulated entities at September 30, 2017 and December 31, 2016, respectively.
 
Minimum Requirement
 
September 30, 2017
 
December 31, 2016
UPC (1)
$
48,503

 
$
139,109

 
$
155,587

ACIC (1)(2)
$
16,891

 
$
154,743

 
N/A

FSIC
$
3,250

 
$
16,624

 
$
16,269

IIC
$
4,700

 
$
40,750

 
$
40,442

(1) UPC and ACIC are required to maintain capital and surplus equal to the greater of 10% of their total liabilities or $5,000,000.
(2) There is not a reportable value for ACIC as of December 31, 2016 as we did not own the company until April 2017.