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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Summary of Significant Accounting Policies (Tables)  
Schedule Of Restricted Funds

 

 

Year ended December 31

 

 

 

2021

 

 

2020

(Revised)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Premium trust funds (1)(2)

 

$381,942

 

 

$1,210,243

 

Assigned to state agencies (3)

 

 

500,000

 

 

 

998,000

 

Funds held as collateral (4)

 

 

8,162,053

 

 

 

787,653

 

Total restricted funds

 

$9,043,995

 

 

$2,995,896

 

Reinsurance Recoverable On Paid And Unpaid Losses And Loss Adjustment Expenses

 

 

 

Year ended December 31

 

Name of Reinsurer

 

A.M. Best

Rating (1)

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

Renaissance Reinsurance U.S. Inc.

 

A+

 

$14,339,203

 

 

$11,906,416

 

Hannover Ruck SE

 

A+

 

 

13,433,710

 

 

 

10,673,173

 

TOA Reinsurance Company of America

 

A

 

 

255,521

 

 

 

295,188

 

Other

 

A

 

 

(825)

 

 

172

 

Total

 

 

 

$28,027,609

 

 

$22,874,949