Kansas |
Kansas |
Medicalodges |
|||||||
Kansas Building |
Association of |
Automobile |
Kansas Restaurant |
Kansas Livestock |
Affiliates Workers ' |
Kansas Truckers |
Wichita Auto |
||
Industry Workers ' |
Homes for the |
Dealers Workers ' |
and Hospitality |
Kansas Employers |
Association Risk |
KHA Workers ' |
Compensation |
Risk |
Dealers Self |
Compensation |
Aging Insurance |
Compensation |
Association self |
Workers ' |
Management |
Comepnsation |
Self-Insurance |
Management |
Insurance Fund |
Fund |
Group , Inc . |
Fund |
Insurance Fund , Inc . |
Compensation Fund |
Services , Inc . |
Fund |
Pool |
Group , Inc . Trust |
|
( Reviewed ) |
|||||||||
12 / 31 / 2019 |
3 / 31 / 2019 |
12 / 31 / 2019 |
12 / 31 / 2019 |
12 / 31 / 2019 |
12 / 31 / 2019 |
12 / 31 / 2019 |
10 / 31 / 2019 |
12 / 31 / 2019 |
12 / 31 / 2019 |
REVENUES : Premiums earned |
$ |
8,454,185 |
$ |
2,406,836 |
$ |
2,637,323 |
$ |
2,140,644 |
$ |
- |
$ |
3,922,597 |
$ |
3,273,276 |
$ |
5,551,045 |
$ |
676,251 |
Investment income |
530,388 |
213,252 |
277,431 |
217,545 |
743 |
130,665 |
699,515 |
21 |
126,767 |
20,216 |
||||||||
Realized capital gain ( loss ) |
- |
5,595 |
||||||||||||||||
Other income |
130,004 |
( 38,624 ) |
- |
EXPENSES : Incurred lossess / workers compensation claims |
7,081,723 |
589,899 |
1,172,941 |
1,412,712 |
( 26,880 ) |
2,912,562 |
1,801,531 |
1,894,119 |
215,411 |
Claims adjustment |
206,861 |
1,881 |
592,805 |
||||||
Claims management fees |
224,172 |
25,500 |
|||||||
Administration |
750,954 |
248,135 |
13,123 |
655,927 |
274 |
1,845,081 |
40,575 |
||
Agent commissions |
587,660 |
||||||||
Premium taxes |
257,003 |
55,508 |
113,875 |
10,350 |
|||||
Insurance taxes Excess insurance premiums |
667,608 |
183,102 |
200,044 |
138,462 |
355,468 |
410,666 |
1,202,714 |
96,706 |
|
Other underwriting expenses |
173,965 |
701,896 |
1,060,201 |
||||||
Other expenses |
1,781,381 |
41,942 |
114,200 |
16,077 |
Net income ( loss ) before dividends and income taxes |
( 1,260,798 ) |
889,272 |
839,989 |
24,553 |
12,619 |
( 98,770 ) |
700,393 |
( 253 ) |
148,688 |
291,848 |
Dividends paid to members |
500,000 |
374,999 |
700,000 |
- |
250,000 |
208,735 |
Net income ( loss ) before income taxes |
( 1,760,798 ) |
514,273 |
139,989 |
24,553 |
12,619 |
( 98,770 ) |
700,393 |
( 253 ) |
( 101,312 ) |
83,113 |
Provisions for income tax expense ( benefit ) |
372,787 |
- |
21,500 |
2,875 |
( 49,652 ) |
138,810 |
( 41,974 ) |
( 27,646 ) |
4,598 |
Change in nonadmitted assets |
( 7,601 ) |
( 18,422 ) |
70,440 |
- |
11,033 |
( 39,765 ) |
( 181,931 ) |
|||
Change in provisions for reinsurance |
||||||||||
Change in net deferred income tax |
( 339,695 ) |
( 1,500 ) |
( 61,755 ) |
11,156 |
||||||
Refund of contributions Change in net unrealized gains ( losses ) on investments |
1,118,664 |
207,578 |
50,625 |
255,060 |
284,946 |
192,510 |
||||
Prepaid expenses / premium assessments Extraordinary amounts of taxes for prior years Prior period adjustment Fund balance transfer |
- |
|||||||||
Members ' fund balance , beginning of year |
8,365,971 |
5,407,356 |
2,721,921 |
3,631,624 |
( 367,122 ) |
2,030,374 |
3,339,573 |
( 9,250 ) |
1,328,969 |
893,726 |