• Filing Date: 2013-03-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Condensed Financial Information of Homeowners Choice, Inc. (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Statements of Income                              
Other income                         $ 1,424 $ 1,003 $ 751
Income tax benefit                         19,423 6,441 3,164
Net investment income                         980 2,061 1,962
Operating expenses (30,012) (26,356) (26,846) (30,271) (28,543) (16,407) (15,660) (16,794) (14,277) (14,534) (15,417) (15,801) (113,485) (77,404) (60,029)
Loss before income tax benefit and equity in income of subsidiaries 21,065 5,125 12,009 11,381 8,023 3,306 3,821 1,255 2,868 2,538 1,994 1,186 49,580 16,405 8,586
Net income 13,101 2,826 7,262 6,968 4,796 2,074 2,301 793 1,785 1,657 1,282 698 30,157 9,964 5,422
Homeowners Choice [Member]
                             
Statements of Income                              
Other income                         144 66 45
Income tax benefit                         750 846 485
Equity in income of subsidiaries                         32,067 11,405 6,239
Net loss before equity in income of subsidiaries                         (1,910) (1,441) (817)
Net investment income                         8 75 80
Operating expenses                         (2,812) (2,428) (1,427)
Loss before income tax benefit and equity in income of subsidiaries                         (2,660) (2,287) (1,302)
Net income                         $ 30,157 $ 9,964 $ 5,422