Summarized Quarterly Information (Unaudited)

The quarters ending March 31, 2012, June 30, 2012 and September 30, 2012 and the quarters ending March 31, 2011, June 30, 2011, September 30, 2011 and December 31, 2011 presented in the tables below have been restated as discussed in the Note, "Restatement," of the Consolidated Financial Statements and have been adjusted to reflect the retrospective adoption of ASU 2010-26, Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts. See the Note, "Quarterly Information - Restated (Unaudited)," of the Notes to Consolidated Financial Statements for additional information on the line items impacted for the for the above noted periods.



	2012
	First Quarter			Second Quarter		Third Quarter			Fourth Quarter
	As Restated			As Restated		As Restated
Revenues	$	71,139		$	70,313	$	76,376		$	70,747
Net investment income	743			732		744			849
Net realized (losses) gains on the sale of investments	(3		)	13		(16		)	9
Total revenues	71,879			71,058		77,104			71,605
Total expenses	66,560			64,991		70,654			65,909
Income before income taxes and non-controlling interest	5,319			6,067		6,450			5,696
Income taxes	1,887			2,108		2,397			1,903
Income before non-controlling interest	3,432			3,959		4,053			3,793
Less: net income attributable to non-controlling interest	18			15		29			10
Net income	$	3,414		$	3,944	$	4,024		$	3,783
Earnings per share:
Basic	$	0.17		$	0.20	$	0.21		$	0.19
Diluted	$	0.16		$	0.19	$	0.20		$	0.18
Weighted average common shares outstanding
Basic	19,904,819			19,705,276		19,531,694			19,507,733
Diluted	20,739,196			20,632,233		20,463,238			20,507,329



	2011
	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
	As Restated			As Restated		As Restated		As Restated
Revenues	$	65,736		$	64,146	$	71,285	$	72,861
Net investment income	941			894		801		732
Net realized gains on the sale of investments	95			1,132		1,196		1,770
Total revenues	66,772			66,172		73,282		75,363
Total expenses	62,018			64,130		67,075		67,887
Income before income taxes and non-controlling interest	4,754			2,042		6,207		7,476
Income taxes	1,609			750		2,209		2,572
Income before non-controlling interest	3,145			1,292		3,998		4,904
Less: net (loss) income attributable to non-controlling interest	(174		)	2		1		1
Net income	$	3,319		$	1,290	$	3,997	$	4,903
Earnings per share:
Basic	$	0.16		$	0.06	$	0.20	$	0.24
Diluted	$	0.15		$	0.06	$	0.19	$	0.24
Weighted average common shares outstanding
Basic	20,464,592			20,510,254		20,404,441		20,343,038
Diluted	21,668,333			21,592,418		21,214,365		20,955,690

Quarterly Information - Restated (Unaudited)

The following tables present the Company's restated quarterly information for the quarters ending March 31, 2012, June 30, 2012 and September 30, 2012 and for the quarters ending March 31, June 30, September 30, and December 31, 2011 and 2010, respectively.

Adjustments in the 2012 and 2011 periods to service and administrative fees, member benefit claims, and commissions represent the effects of restatements for the errors in Motor Clubs revenue presentation and revenue recognition as discussed in Note "Restatement" of the Notes to Consolidated Financial Statements, unless otherwise noted.

Adjustments in the 2010 periods to service and administrative fees, member benefit claims, and commissions represent the effects of restatements for the errors in Motor Clubs revenue presentation, as discussed in Note "Restatement".



	For the Three Months Ended									For the Three Months Ended
	March 31, 2012									June 30, 2012
	As Previously Reported			Adjustment			As Restated			As Previously Reported		Adjustment			As Restated
Revenues:
Service and administrative fees	$	9,340		$	13,171		$	22,511		$	9,394	$	12,392		$	21,786
Brokerage commissions and fees	9,520			—			9,520			9,364		—			9,364
Ceding commission	7,064			—			7,064			7,210		—			7,210
Net investment income	743			—			743			732		—			732
Net realized investment (losses) gains	(3		)	—			(3		)	13		—			13
Net earned premium	31,972			—			31,972			31,905		—			31,905
Other income	72			—			72			48		—			48
Total revenues	58,708			13,171			71,879			58,666		12,392			71,058

Expenses:
Net losses and loss adjustment expenses	11,266			—			11,266			9,576		—			9,576
Member benefit claims	—			1,303			1,303			—		1,098			1,098
Commissions	20,039			11,949			31,988			19,892		11,390			31,282
Personnel costs	11,392			—			11,392			12,367		—			12,367
Other operating expenses	6,739			—			6,739			6,937		—			6,937
Depreciation and amortization	738			—			738			975		—			975
Amortization of intangibles	1,482			—			1,482			1,166		—			1,166
Interest expense	1,652			—			1,652			1,590		—			1,590
Total expenses	53,308			13,252			66,560			52,503		12,488			64,991
Income before income taxes and non-controlling interests	5,400			(81		)	5,319			6,163		(96		)	6,067
Income taxes	1,919			(32		)	1,887			2,146		(38		)	2,108
Income before non-controlling interests	3,481			(49		)	3,432			4,017		(58		)	3,959
Less: net income attributable to non-controlling interests	18			—			18			15		—			15
Net income	$	3,463		$	(49	)	$	3,414		$	4,002	$	(58	)	$	3,944

Earnings per share:
Basic	$	0.17		$	—		$	0.17		$	0.20	$	—		$	0.20
Diluted	$	0.17		$	(0.01	)	$	0.16		$	0.19	$	—		$	0.19
Weighted average common shares outstanding:
Basic	19,904,819						19,904,819			19,705,276					19,705,276
Diluted	20,739,196						20,739,196			20,632,233					20,632,233



	For the Three Months Ended
	September 30, 2012
	As Previously Reported			Adjustment			As Restated
Revenues:
Service and administrative fees	$	10,056		$	12,842		$	22,898
Brokerage commissions and fees	8,411			—			8,411
Ceding commission	11,122			—			11,122
Net investment income	744			—			744
Net realized investment (losses)	(16		)	—			(16		)
Net earned premium	33,893			—			33,893
Other income	52			—			52
Total revenues	64,262			12,842			77,104

Expenses:
Net losses and loss adjustment expenses	11,430			—			11,430
Member benefit claims	—			1,157			1,157
Commissions	21,548			11,829			33,377
Personnel costs	12,708			—			12,708
Other operating expenses	7,959			—			7,959
Depreciation and amortization	871			—			871
Amortization of intangibles	1,127			—			1,127
Interest expense	2,025			—			2,025
Total expenses	57,668			12,986			70,654
Income before income taxes and non-controlling interests	6,594			(144		)	6,450
Income taxes	2,455			(58		)	2,397
Income before non-controlling interests	4,139			(86		)	4,053
Less: net income attributable to non-controlling interests	29			—			29
Net income	$	4,110		$	(86	)	$	4,024

Earnings per share:
Basic	$	0.21		$	—		$	0.21
Diluted	$	0.20		$	—		$	0.20
Weighted average common shares outstanding:
Basic	19,531,694						19,531,694
Diluted	20,463,238						20,463,238



	For the Three Months Ended									For the Three Months Ended
	March 31, 2011									June 30, 2011
	As Previously Reported			Adjustment			As Restated			As Previously Reported		Adjustment			As Restated
Revenues:
Service and administrative fees	$	9,116		$	12,076		$	21,192		$	8,800	$	12,321		$	21,121
Brokerage commissions and fees	7,867			—			7,867			9,208		—			9,208
Ceding commission	8,158			—			8,158			6,243		—			6,243
Net investment income	941			—			941			894		—			894
Net realized investment gains	95			—			95			1,132		—			1,132
Net earned premium	28,437			—			28,437			27,536		—			27,536
Other income	82			—			82			38		—			38
Total revenues	54,696			12,076			66,772			53,851		12,321			66,172

Expenses:
Net losses and loss adjustment expenses	9,373			—			9,373			9,251		—			9,251
Member benefit claims	—			867			867			—		1,309			1,309
Commissions	18,517			11,389			29,906			17,323		11,404			28,727
Personnel costs	10,992			—			10,992			11,428		—			11,428
Other operating expenses	7,214			—			7,214			9,298		—			9,298
Depreciation and amortization	583			—			583			814		—			814
Amortization of intangibles	1,052			—			1,052			1,378		—			1,378
Interest expense	2,031			—			2,031			1,925		—			1,925
Total expenses	49,762			12,256			62,018			51,417		12,713			64,130
Income before income taxes and non-controlling interests	4,934			(180		)	4,754			2,434		(392		)	2,042
Income taxes	1,681			(72		)	1,609			907		(157		)	750
Income before non-controlling interests	3,253			(108		)	3,145			1,527		(235		)	1,292
Less: net (loss) income attributable to non-controlling interests	(174		)	—			(174		)	2		—			2
Net income	$	3,427		$	(108	)	$	3,319		$	1,525	$	(235	)	$	1,290

Earnings per share:
Basic	$	0.17		$	(0.01	)	$	0.16		$	0.07	$	(0.01	)	$	0.06
Diluted	$	0.16		$	(0.01	)	$	0.15		$	0.07	$	(0.01	)	$	0.06
Weighted average common shares outstanding:
Basic	20,464,592						20,464,592			20,510,254					20,510,254
Diluted	21,668,333						21,668,333			21,592,418					21,592,418



	For the Three Months Ended							For the Three Months Ended
	September 30, 2011							December 31, 2011
	As Previously Reported		Adjustment			As Restated		As Previously Reported		Adjustment			As Restated
Revenues:
Service and administrative fees	$	10,125	$	16,831		$	26,956	$	10,159	$	15,036		$	25,195
Brokerage commissions and fees	8,611		—			8,611		8,710		—			8,710
Ceding commission	7,027		—			7,027		8,067		—			8,067
Net investment income	801		—			801		732		—			732
Net realized investment gains	1,196		—			1,196		1,770		—			1,770
Net earned premium	28,673		—			28,673		30,857		—			30,857
Other income	18		—			18		32		—			32
Total revenues	56,451		16,831			73,282		60,327		15,036			75,363

Expenses:
Net losses and loss adjustment expenses	9,714		—			9,714		9,611		—			9,611
Member benefit claims	—		945			945		—		1,288			1,288
Commissions	17,926		16,011			33,937		20,465		13,883			34,348
Personnel costs	10,945		—			10,945		11,182		—			11,182
Other operating expenses	7,267		—			7,267		7,361		—			7,361
Depreciation and amortization	886		—			886		794		—			794
Amortization of intangibles	998		—			998		1,524		—			1,524
Interest expense	1,906		—			1,906		1,779		—			1,779
Loss on sale of subsidiary	477		—			477		—		—			—
Total expenses	50,119		16,956			67,075		52,716		15,171			67,887
Income before income taxes and non-controlling interests	6,332		(125		)	6,207		7,611		(135		)	7,476
Income taxes	2,259		(50		)	2,209		2,626		(54		)	2,572
Income before non-controlling interests	4,073		(75		)	3,998		4,985		(81		)	4,904
Less: net income attributable to non-controlling interests	1		—			1		1		—			1
Net income	$	4,072	$	(75	)	$	3,997	$	4,984	$	(81	)	$	4,903

Earnings per share:
Basic	$	0.20	$	—		$	0.20	$	0.24	$	—		$	0.24
Diluted	$	0.19	$	—		$	0.19	$	0.24	$	—		$	0.24
Weighted average common shares outstanding:
Basic	20,404,441					20,404,441		20,343,038					20,343,038
Diluted	21,214,365					21,214,365		20,955,690					20,955,690



	For the Three Months Ended							For the Three Months Ended
	March 31, 2010							June 30, 2010
	As Previously Reported		Adjustment			As Restated		As Previously Reported			Adjustment			As Restated
Revenues:
Service and administrative fees	$	7,975	$	—		$	7,975	$	8,843		$	3,082		$	11,925
Brokerage commissions and fees	6,730		—			6,730		6,404			—			6,404
Ceding commission	6,624		—			6,624		6,389			—			6,389
Net investment income	948		—			948		986			—			986
Net realized investment gains	2		—			2		47			—			47
Net earned premium	28,493		—			28,493		26,669			—			26,669
Other income	81		—			81		45			—			45
Total revenues	50,853		—			50,853		49,383			3,082			52,465

Expenses:
Net losses and loss adjustment expenses	8,777		—			8,777		7,316			—			7,316
Member benefit claims	—		—			—		—			(23		)	(23		)
Commissions	19,349		—			19,349		17,850			3,105			20,955
Personnel costs	9,081		—			9,081		9,332			—			9,332
Other operating expenses	5,136		656			5,792		5,891			167			6,058
Depreciation and amortization	275		—			275		284			—			284
Amortization of intangibles	779		—			779		779			—			779
Interest expense	1,891		—			1,891		1,985			—			1,985
Total expenses	45,288		656			45,944		43,437			3,249			46,686
Income before income taxes and non-controlling interests	5,565		(656		)	4,909		5,946			(167		)	5,779
Income taxes	2,076		(230		)	1,846		2,220			(58		)	2,162
Income before non-controlling interests	3,489		(426		)	3,063		3,726			(109		)	3,617
Less: net income (loss) attributable to non-controlling interests	15		—			15		(46		)	—			(46		)
Net income	$	3,474	$	(426	)	$	3,048	$	3,772		$	(109	)	$	3,663

Earnings per share:
Basic	$	0.22	$	(0.03	)	$	0.19	$	0.24		$	(0.01	)	$	0.23
Diluted	$	0.21	$	(0.03	)	$	0.18	$	0.22		$	(0.01	)	$	0.21
Weighted average common shares outstanding:
Basic	15,742,336					15,742,336		15,742,336						15,742,336
Diluted	16,941,372					16,941,372		17,040,432						17,040,432



	For the Three Months Ended									For the Three Months Ended
	September 30, 2010									December 31, 2010
	As Previously Reported			Adjustment			As Restated			As Previously Reported		Adjustment		Adoption of ASU 2010-26			As Restated
Revenues:
Service and administrative fees	$	9,229		$	8,738		$	17,967		$	8,098	$	10,289	$	—		$	18,387
Brokerage commissions and fees	6,034			—			6,034			5,452		—		—			5,452
Ceding commission	9,455			—			9,455			6,299		—		—			6,299
Net investment income	865			—			865			1,274		—		—			1,274
Net realized investment gains	107			—			107			494		—		—			494
Net earned premium	28,255			—			28,255			28,388		—		—			28,388
Other income	(6		)	—			(6		)	110		—		—			110
Total revenues	53,939			8,738			62,677			50,115		10,289		—			60,404

Expenses:
Net losses and loss adjustment expenses	10,993			—			10,993			8,949		—		—			8,949
Member benefit claims	—			211			211			—		278		—			278
Commissions	16,432			8,527			24,959			17,372		10,011		—			27,383
Personnel costs	9,526			—			9,526			8,422		—		—			8,422
Other operating expenses	6,500			125			6,625			5,346		—		605			5,951
Depreciation and amortization	431			—			431			406		—		—			406
Amortization of intangibles	788			—			788			886		—		—			886
Interest expense	2,246			—			2,246			2,342		—		—			2,342
Total expenses	46,916			8,863			55,779			43,723		10,289		605			54,617
Income before income taxes and non-controlling interests	7,023			(125		)	6,898			6,392		—		(605		)	5,787
Income taxes	2,576			(44		)	2,532			1,831		—		(212		)	1,619
Income before non-controlling interests	4,447			(81		)	4,366			4,561		—		(393		)	4,168
Less: net income attributable to non-controlling interests	—			—			—			51		—		—			51
Net income	$	4,447		$	(81	)	$	4,366		$	4,510	$	—	$	(393	)	$	4,117

Earnings per share:
Basic	$	0.28		$	—		$	0.28		$	0.27	$	—	$	(0.02	)	$	0.25
Diluted	$	0.26		$	—		$	0.26		$	0.25	$	—	$	(0.02	)	$	0.23
Weighted average common shares outstanding:
Basic	15,742,336						15,742,336			16,483,626		16,483,626		16,483,626			16,483,626
Diluted	17,057,157						17,057,157			17,703,334		17,703,334		17,703,334			17,703,334