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Statutory Restrictions on Consolidated Stockholders' Equity and Investments | 12 Months Ended
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Dec. 31, 2013
Statutory Restrictions on Consolidated Stockholders' Equity and Investments [Abstract] |
Statutory Restrictions on Consolidated Stockholders' Equity and Investments | Statutory Restrictions on Consolidated Stockholders’ Equity and Investments The Company has designated approximately $47,405,000 and $44,829,000 of retained earnings as of December 31, 2013 and 2012, respectively, as appropriated to reflect the required statutory premium and supplemental reserves. See Note 8 for the tax treatment of the statutory premium reserve. As of December 31, 2013 and 2012, approximately $83,311,000 and $76,167,000, respectively, of consolidated stockholders’ equity represents net assets of the Company’s subsidiaries that cannot be transferred in the form of dividends, loans or advances to the parent company under statutory regulations without prior insurance department approval. Bonds totaling approximately $7,022,000 and $6,700,000 at December 31, 2013 and 2012, respectively, are deposited with the insurance departments of the states in which business is conducted.

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