Related Party Transactions

12 Months Ended

Dec. 31, 2014

The Company does business with, and has investments in, unconsolidated limited liability companies that are primarily title insurance agencies. The Company utilizes the equity method to account for its investments in these limited liability companies. The following table sets forth the approximate values by year found within each financial statement classification:



Financial Statement Classification,	2014		2013
Consolidated Balance Sheets	2014		2013
Other investments	$	6,014,000	$	5,320,000
Premiums and fees receivable	$	666,000	$	657,000



Financial Statement Classification,
Consolidated Statements of Income	2014		2013		2012
Net premiums written	$	11,783,000	$	12,442,000	$	15,558,000
Other income	$	2,043,000	$	1,839,000	$	2,238,000
Commissions to agents	$	8,049,000	$	8,465,000	$	10,923,000

During the second quarter of 2013, the Company repurchased 17,524 shares of Company common stock from officers of the Company at a price of $71.50 per share to cover withholding taxes payable by the officers upon the exercise of SARs. During the fourth quarter of 2013, the Company repurchased 28,130 shares of Company common stock from officers of the Company at a price of $80.01 per share.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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