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Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets consist of finite and indefinite life assets. Finite life intangible assets include customer and producer relationships and other identifiable intangibles. KICO’s insurance company license is considered an indefinite life intangible asset subject to annual impairment testing. All identified intangible assets of finite useful life were fully amortized as of December 31, 2024 and 2023.
The components of intangible assets and their useful lives, accumulated amortization, and net carrying value as of December 31, 2024 and 2023 are summarized as follows:
 Useful
Life
(in yrs)		Gross
Carrying
Value		Accumulated
Amortization		Net
Carrying
Amount
Insurance license-$500,000 $- $500,000 
Customer relationships103,400,000 3,400,000 - 
Other identifiable    
intangibles7950,000 950,000 - 
Total $4,850,000 $4,350,000 $500,000 
Intangible asset impairment testing and amortization
The Company performs an analysis annually as of December 31, or sooner if there are indicators that the asset may be impaired, to identify potential impairment of intangible assets and measures the amount of any impairment loss that may need to be recognized. Intangible asset impairment testing requires an evaluation of the estimated fair value of each identified intangible asset to its carrying value. An impairment charge would be recorded if the estimated fair value is less than the carrying amount of the intangible asset. No impairments have been identified for the years ended December 31, 2024 and 2023.
The Company recorded no amortization expense related to intangible assets for the years ended December 31, 2024 and 2023.