2. Accounting Policies and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2014

Accounting Policies And Basis Of Presentation Tables

Summary of deposits of cash equivalents

As of December 31, 2014 and 2013, the Company had deposits of cash equivalents as follows:

	December 31,		December 31,
	2014		2013
Collateralized bank repurchase agreement (1)	$	1,130,154	$	17,280,027
Money market fund		4,288,876		953,504
Total	$	5,419,030	$	18,233,531

(1) The Company has a security interest in certain of the bank's holdings of direct obligations of the United States or one or more agencies thereof. The collateral is held in a hold-in-custody arrangement with a third party who maintains physical possession of the collateral on behalf of the bank.

Schedule of Concentration Risk

Direct premiums earned from lines of business that subject the Company to concentration risk for the years ended December 31, 2014 and 2013 are as follows:

	Years ended December 31,
	2014			2013
Personal Lines		73.3	%		70.0	%
Commercial Lines		15.3	%		16.0	%
Total premiums earned subject to concentration		88.6	%		86.0	%
Premiums earned not subject to concentration		11.4	%		14.0	%
Total premiums earned		100.0	%		100.0	%