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Subsidiary Dividend Restrictions | 9 Months Ended
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Sep. 30, 2014
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Subsidiary Dividend Restrictions | NOTE 14· Subsidiary Dividend Restrictions Under the insurance regulations of Texas, the maximum amount of ordinary dividends that WNFIC can pay to shareholders in a rolling twelve month period is limited to the greater of 10% of statutory adjusted capital and surplus as shown on WNFIC’s last annual statement on file with the superintendent or 100% of adjusted net income. As an extraordinary dividend of $7.0 million was paid on May 20, 2014, no ordinary dividend may be paid until May 21, 2015.

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- Definition Describes the restrictions that Allegheny has in relation to paying cash dividends to its common shareholders. + References No definition available. + Details
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