Segment Information

12 Months Ended

Dec. 31, 2019

Note J – Segment Information

Effective January 1, 2017, the Company determined that its business constituted one reportable property and casualty insurance segment based on how its operating results are regularly reviewed by the Company's chief operating decision maker when making decisions about how resources are allocated and assessing performance. The property and casualty insurance segment provides multiple lines of insurance coverage primarily to commercial automobile companies, as well as to independent contractors who contract with commercial automobile companies.

The following table summarizes segment revenues for the years ended December 31:

	2019		2018			2017
Revenues:
Net premiums earned	$	447,288	$	432,880		$	328,145
Net investment income		26,249		22,048			18,095
Net realized and unrealized gains (losses) on investments		12,889		(25,691	)		19,686
Commissions and other income		9,171		9,932			5,308
Total revenues	$	495,597	$	439,169		$	371,234