| Year |
Incurred losses |
| 2008 |
$141,340,999 |
| 2009 |
111,576,968 |
| 2010 |
112,727,166 |
| 2011 |
129,993,492 |
| 2012 |
126,819,159 |
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: SNL Financial LC. |