Insurance and Other Income

Insurance and other income for the years ending March 31, 2019, 2018, and 2017 consist of:



	2019		2018	2017

Insurance revenue	$	45,182,596	41,959,092	40,848,245
Tax return preparation revenue	21,454,117		16,801,909	14,695,769
Auto club membership revenue	4,452,018		3,373,023	2,515,282
Other	4,299,917		4,832,805	4,891,308
Insurance and other income	$	75,388,648	66,966,829	62,950,604

The Company has a wholly-owned, captive insurance subsidiary that reinsures a portion of the credit insurance sold in connection with loans made by the Company. Certain coverages currently sold by the Company on behalf of the unaffiliated insurance carrier are ceded by the carrier to the captive insurance subsidiary, providing the Company with an additional source of income derived from the earned reinsurance premiums. Insurance premiums are ceded to the reinsurance subsidiary as written and revenue is recognized over the life of the related insurance contracts. As of March 31, 2019, 2018, and 2017, the amount of net written premiums by the reinsurance subsidiary were $5.6 million, $6.2 million, and $4.5 million, respectively, and the amount of earned premiums were $5.7 million, $5.3 million, and $4.0 million, respectively.

The Company maintains a cash reserve for claims in an amount determined by the ceding company, and as of March 31, 2019 and 2018, the cash reserves were $3.8 million and $4.9 million, respectively.