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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Schedule of Management Expenses Recorded in Operating Expenses

Management fees for 2019 and 2018 are recorded in other underwriting expenses in the consolidated and combined statements of operations, respectively.  Positive Insurance Company incurred management fees for the respective periods, as follows:

 

 

 

Year Ended

December 31,

 

 

 

2019

 

 

2018

 

Management fees

 

$

4,361,977

 

 

$

6,330,762

 

 

Schedule of Fees Incurred Under the Contracts Fees incurred by Positive Insurance Company under these contracts for 2019 and 2018 were recorded in other underwriting expenses in the consolidated and combined statements of operations, respectively, as follows:

 

 

 

Year Ended

December 31,

 

 

 

2019

 

 

2018

 

Claims processing and risk management services

 

$

1,648,100

 

 

$

1,585,400

 

 

Schedule of Commission Expenses Positive Insurance Company incurred related commission expenses for the respective periods, as follows:

 

 

 

Year Ended

December 31,

 

 

 

2019

 

 

2018

 

Commissions

 

$

131,618

 

 

$

176,753