Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The following table summarizes the provision for income taxes:



	Year Ended December 31,
	2015		2014			2013
Federal:
Current	$	10,143	$	21,633		$	11,413
Deferred	2,103		(996		)	1,026
Provision for Federal income tax expense	12,246		20,637			12,439

State:
Current	2,054		2,945			1,581
Deferred	202		(185		)	125
Provision for State income tax expense	2,256		2,760			1,706
Provision for income taxes	$	14,502	$	23,397		$	14,145

Tax Expense Reconciliation [Table Text Block]

The actual income tax expense differs from the expected income tax expense computed by applying the combined applicable effective federal and state tax rates to income before the provision for income taxes as follows:



	Year Ended December 31,
	2015			2014			2013
Expected income tax expense at federal rate	$	14,671		$	22,545		$	12,070
State tax expense, net of federal deduction benefit	1,023			1,660			1,140
Dividend received deduction	—			(350		)	(47		)
Prior period adjustment	42			—			699
Section 847 payments	(693		)	—			—
Other, net	(541		)	(458		)	283
Reported income tax expense	$	14,502		$	23,397		$	14,145

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The table below summarizes the significant components of our net deferred tax liability:



	December 31,
	2015			2014
Deferred tax assets:
Unearned premiums	$	18,182		$	13,483
Tax-related discount on loss reserve	936			671
Bad debt expense	51			13
Other-than-temporary impairment	28			56
Other	432			651
Total deferred tax assets	19,629			14,874
Deferred tax liabilities:
Unrealized gain	(1,019		)	(2,526		)
Deferred acquisitions costs	(18,976		)	(12,128		)
Capitalized software	(251		)	(443		)
Intangible asset	(1,974		)	—
Other	(433		)	(772		)
Total deferred tax liabilities	(22,653		)	(15,869		)
Net deferred tax liability	$	(3,024	)	$	(995	)