Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis as of the dates indicated.

	September 30, 2015
Available-for-sale investments	Level 1		Level 2	Level 3	Total Fair Value
	(In thousands)
Financial assets:
Fixed maturities:
U.S. Treasury and U.S. Government-sponsored enterprises	$	12,902	37,723	—	50,625
States and political subdivisions	—		470,575	—	470,575
Corporate	—		211,346	—	211,346
Commercial mortgage-backed	—		—	169	169
Residential mortgage-backed	—		2,998	—	2,998
Foreign governments	—		134	—	134
Total fixed maturities	12,902		722,776	169	735,847
Equity securities:
Stock mutual funds	16,129		—	—	16,129
Bond mutual funds	48,661		—	—	48,661
Common stock	42		—	—	42
Preferred stock	1,836		—	—	1,836
Total equity securities	66,668		—	—	66,668
Total financial assets	$	79,570	722,776	169	802,515

	December 31, 2014
Available-for-sale investments	Level 1		Level 2	Level 3	Total Fair Value
	(In thousands)
Financial assets:
Fixed maturities:
U.S. Treasury and U.S. Government-sponsored enterprises	$	12,980	40,249	—	53,229
States and political subdivisions	—		422,355	—	422,355
Corporate	—		227,827	—	227,827
Commercial mortgage-backed	—		—	231	231
Residential mortgage-backed	—		3,450	—	3,450
Foreign governments	—		135	—	135
Total fixed maturities	12,980		694,016	231	707,227
Equity securities:
Stock mutual funds	17,596		—	—	17,596
Bond mutual funds	50,240		—	—	50,240
Common stock	51		—	—	51
Preferred stock	1,992		—	—	1,992
Total equity securities	69,879		—	—	69,879
Total financial assets	$	82,859	694,016	231	777,106

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents additional information about fixed maturity securities measured at fair value on a recurring basis that are classified as Level 3 assets and for which we have utilized significant unobservable inputs to determine fair value.

	September 30, 2015			December 31, 2014
	(In thousands)
Balance at beginning of period	$	231		309
Total realized and unrealized gains (losses)
Included in net income	—			—
Included in other comprehensive income	(1		)	(1	)
Principal paydowns	(61		)	(77	)
Transfer in and (out) of Level 3	—			—
Balance at end of period	$	169		231

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amount and fair value for the financial assets and liabilities on the consolidated balance sheets not otherwise disclosed for the periods indicated are as follows:

	September 30, 2015			December 31, 2014
	Carrying Value		Fair Value	Carrying Value	Fair Value
	(In thousands)
Financial assets:
Fixed maturities, held-to-maturity	$	247,829	254,048	224,932	232,891
Mortgage loans	599		623	628	652
Policy loans	58,968		58,968	54,032	54,032
Short-term investments	254		254	—	—
Cash and cash equivalents	42,831		42,831	50,708	50,708
Financial liabilities:
Annuity - investment contracts	45,737		37,399	42,837	37,978