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Schedule V
12 Months Ended
Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts
VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 2014, 2013 AND 2012
Description
Balance at Beginning of Period
 
Additions Charged to Costs and Expenses
 
Additions Charge to Other Accounts - Describe
 
Deductions - Describe
 
 
Balance at End of Period
2014
Premiums Receivable:
 
 
 
 
 
 
 
 
 
 
Valuation Provision
$
2,620,903

 
$
6,287,694

 
$

 
$
(5,885,866
)
(a)
 
$
3,022,731

Reserves for Claims
$
35,360,000

 
$
5,229,716

 
$

 
$
(3,912,716
)
(b)
 
$
36,677,000

 
 
 
 
 
 
 
 
 
 
 
2013
Premiums Receivable:
 
 
 
 
 
 
 
 
 
 
Valuation Provision
$
1,902,581

 
$
7,536,381

 
$

 
$
(6,818,059
)
(a)
 
$
2,620,903

Reserves for Claims
$
39,078,000

 
$
(571,596
)
 
$

 
$
(3,146,404
)
(b)
 
$
35,360,000

 
 
 
 
 
 
 
 
 
 
 
2012
Premiums Receivable:
 
 
 
 
 
 
 
 
 
 
Valuation Provision
$
1,218,000

 
$
6,008,281

 
$

 
$
(5,323,700
)
(a)
 
$
1,902,581

Reserves for Claims
$
37,996,000

 
$
6,072,115

 
$

 
$
(4,990,115
)
(b)
 
$
39,078,000


(a)
Canceled premiums
(b)
Payments of claims, net of recoveries