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Related Party Transactions
9 Months Ended
Sep. 30, 2011
Related Party Transactions [Abstract] 
Related Party Transactions

Note 9 – Related Party Transactions

 

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

 

Financial Statement Classification,

 

 

 

 

 

As of

September 30,

 

As of December 31,

Consolidated Balance Sheets

 

 

 

 

 

2011

 

2010

Other investments

 

 

 

 

 

$       1,824,000

 

$      1,682,000

Premiums and fees receivable

 

 

 

 

 

$          706,000

 

$         739,000

 

 

 

 

 

 

 

 

 

Financial Statement Classification,

 

For the Three Months Ended September 30,

 

For the Nine Months Ended September 30,

Consolidated Statements of Income

 

2011

 

2010

 

2011

 

2010

Net premiums written

 

$          3,165,000

 

$        3,724,000

 

$       7,845,000

 

$      8,572,000

Other income

 

$             362,000

 

$           451,000

 

$          820,000

 

$         906,000