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13. Subsequent Events
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
13. Subsequent Events

The Company has evaluated events that occurred subsequent to June 30, 2015 through the date these financial statements were issued for matters that required disclosure or adjustment in these condensed consolidated financial statements.

 

Dividends Declared and Paid

 

On August 11, 2015, the Company’s Board of Directors approved a dividend of $.05 per share payable in cash on September 15, 2015 to stockholders of record as of September 1, 2015.

 

Stock Options

 

On August 11, 2015, the Company received stockholder approval of the adoption of the 2014 Plan.

 

Reinsurance

 

The Company entered into new annual reinsurance treaties with different terms effective July 1, 2015.