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Subsequent Events | 9 Months Ended
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Sep. 30, 2012
Subsequent Events [Abstract] |
Subsequent Events |
13. | Subsequent Events
The Company performed an evaluation of subsequent events through the date the Financial Statements were issued and determined that, other than what is described below, there were no recognized or unrecognized subsequent events that would require an adjustment or additional disclosure in the Financial Statements as of September 30, 2012. Late October 2012, Tropical Storm/Hurricane Sandy affected the vast majority of the eastern coastal states of the United States, including several states in which the Insurance Entities write policies. At October 28, 2012, the Insurance Entities had policies-in-force with wind coverage as follows: 541,224 in Florida, 15,391 in North Carolina, 3,395 in South Carolina, 1,060 in Georgia, 96 in Massachusetts, and 8 in Maryland. The Company has not yet determined the extent of insured losses under its Insurance Entities’ policies due to the storm. Florida, the state in which the insurance Entities have most of the wind policies, was not severely affected.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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