Note 12. Insurance Policy Claims and Reserves: Schedule of Liability for Unpaid Claims and Claims Adjustment Expense (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

		2012		2011		2010
Balance at beginning of year	$	192,987	$	197,968	$	202,801
Less: reinsurance recoverable		83,137		82,724		100,711
Net balance at beginning of year		109,850		115,244		102,090
Gross reserves of AMIC acquired		-		-		27,373
Less: reinsurance recoverable		-		-		10,296
Net reserves of AMIC acquired		-		-		17,077
Amount incurred:
Current year		213,818		197,705		203,602
Prior years		(8,908)		(7,492)		(2,466)
Total		204,910		190,213		201,136
Amount paid, related to:
Current year		130,386		123,702		137,953
Prior years		68,523		71,905		67,106
Total		198,909		195,607		205,059
Net balance at end of year		115,851		109,850		115,244
Plus:  reinsurance recoverable		78,629		83,137		82,724
Balance at end of year	$	194,480	$	192,987	$	197,968