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Investments (Tables)
6 Months Ended
Jun. 30, 2016
Investments Including Short Term And Cash And Cash Equivalents [Abstract]  
Investments Including Short Term And Cash And Cash Equivalents [Table Text Block]
The Company invests primarily in fixed maturity securities, which totaled 88.0% of total cash, cash equivalents and investments at June 30, 2016.
 
June 30, 2016
 
December 31, 2015
 
Carrying
Value
 
% of Total
Carrying Value
 
Carrying
Value
 
% of Total
Carrying Value
 
($ In thousands)
Fixed maturity securities
$
1,091,638

 
88.0

 
$
995,601

 
85.0

Equity securities
23,234

 
1.9

 
23,438

 
2.0

Mortgage loans
468

 

 
594

 
0.1

Policy loans
63,157

 
5.1

 
60,166

 
5.1

Real estate and other long-term investments
7,944

 
0.7

 
8,031

 
0.7

Short-term investments
521

 

 
251

 

Cash and cash equivalents
52,937

 
4.3

 
82,827

 
7.1

Total cash, cash equivalents and investments
$
1,239,899

 
100.0

 
$
1,170,908

 
100.0

Unrealized Gain (Loss) on Investments [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
The following tables represent the cost, gross unrealized gains and losses and fair value for fixed maturities and equity securities as of the periods indicated.
 
June 30, 2016
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,962

 
3,151

 

 
13,113

U.S. Government-sponsored enterprises
7,701

 
1,328

 

 
9,029

States and political subdivisions
514,576

 
30,297

 
1,522

 
543,351

Foreign governments
103

 
31

 

 
134

Corporate
250,041

 
18,334

 
1,310

 
267,065

Commercial mortgage-backed
103

 
5

 

 
108

Residential mortgage-backed
2,448

 
228

 
3

 
2,673

Total available-for-sale securities
784,934

 
53,374

 
2,835

 
835,473

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,006

 
84

 

 
2,090

States and political subdivisions
233,058

 
13,708

 
96

 
246,670

Corporate
21,101

 
1,043

 
853

 
21,291

Total held-to-maturity securities
256,165

 
14,835

 
949

 
270,051

Total fixed maturities
$
1,041,099

 
68,209

 
3,784

 
1,105,524

 
 
 
 
 
 
 
 
Short-term investments
$
521

 

 

 
521

 
 
 
 
 
 
 
 
Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
2,867

 

 
1

 
2,866

Bond mutual funds
18,451

 
301

 

 
18,752

Common stock
39

 
4

 
17

 
26

Preferred stock
1,372

 
218

 

 
1,590

Total equity securities
$
22,729

 
523

 
18

 
23,234


 
December 31, 2015
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,995

 
2,597

 

 
12,592

U.S. Government-sponsored enterprises
19,676

 
1,104

 

 
20,780

States and political subdivisions
470,319

 
15,815

 
3,085

 
483,049

Foreign governments
104

 
27

 

 
131

Corporate
211,245

 
9,683

 
4,847

 
216,081

Commercial mortgage-backed
140

 
5

 

 
145

Residential mortgage-backed
2,658

 
214

 
2

 
2,870

Total available-for-sale securities
714,137

 
29,445

 
7,934

 
735,648

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,010

 
110

 

 
2,120

States and political subdivisions
236,776

 
6,756

 
883

 
242,649

Corporate
21,167

 
530

 
1,500

 
20,197

Total held-to-maturity securities
259,953

 
7,396

 
2,383

 
264,966

Total fixed maturity securities
$
974,090

 
36,841

 
10,317

 
1,000,614

 
 
 
 
 
 
 
 
Short-term investments
$
251

 

 

 
251

 
 
 
 
 
 
 
 
Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
3,270

 

 
237

 
3,033

Bond mutual funds
18,798

 
55

 
349

 
18,504

Common stock
65

 

 
22

 
43

Preferred stock
1,594

 
266

 
2

 
1,858

Total equity securities
$
23,727

 
321

 
610

 
23,438

Unrealized Continuous Losses on Investments [Abstract]  
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present the fair values and gross unrealized losses of fixed maturities and equity securities that have remained in a continuous unrealized loss position for the periods indicated.
 
June 30, 2016
 
Less than 12 months
 
Greater than 12 months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
(In thousands, except for # of securities)
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
States and political subdivisions
$
14,100

 
72

 
13

 
$
13,314

 
1,450

 
11

 
$
27,414

 
1,522

 
24

Corporate
28,313

 
445

 
28

 
10,125

 
865

 
16

 
38,438

 
1,310

 
44

Residential mortgage-backed
101

 
2

 
2

 
108

 
1

 
2

 
209

 
3

 
4

Total available-for-sale securities
42,514

 
519

 
43

 
23,547

 
2,316

 
29

 
66,061

 
2,835

 
72

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
5,963

 
66

 
4

 
3,683

 
30

 
5

 
9,646

 
96

 
9

Corporate

 

 

 
5,027

 
853

 
4

 
5,027

 
853

 
4

Total held-to-maturity securities
5,963

 
66

 
4

 
8,710

 
883

 
9

 
14,673

 
949

 
13

Total fixed maturities
$
48,477

 
585

 
47

 
$
32,257

 
3,199

 
38

 
$
80,734

 
3,784

 
85

Equity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Stock mutual funds
$
999

 
1

 
1

 
$

 

 

 
$
999

 
1

 
1

Common stocks

 

 

 
18

 
17

 
1

 
18

 
17

 
1

Total equities
$
999

 
1

 
1

 
$
18

 
17

 
1

 
$
1,017

 
18

 
2


As of June 30, 2016, the Company had 29 available-for-sale fixed maturity securities and 9 held-to-maturity fixed maturity securities that were in an unrealized loss position for greater than 12 months. We reported 1 equity security holding in an unrealized loss position for greater than 12 months as of June 30, 2016.

 
December 31, 2015
 
Less than 12 months
 
Greater than 12 months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
(In thousands, except for # of securities)
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
States and political subdivisions
$
136,862

 
1,474

 
129

 
$
12,633

 
1,611

 
12

 
$
149,495

 
3,085

 
141

Corporate
70,081

 
4,330

 
69

 
3,308

 
517

 
3

 
73,389

 
4,847

 
72

Residential mortgage-backed
57

 
1

 
2

 
133

 
1

 
3

 
190

 
2

 
5

Total available-for-sale securities
207,000

 
5,805

 
200

 
16,074

 
2,129

 
18

 
223,074

 
7,934

 
218

Held-to-maturity securities:
 

 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
74,628

 
774

 
59

 
2,404

 
109

 
5

 
77,032

 
883

 
64

Corporate
4,585

 
641

 
4

 
2,160

 
859

 
2

 
6,745

 
1,500

 
6

Total held-to-maturity securities
79,213

 
1,415

 
63

 
4,564

 
968

 
7

 
83,777

 
2,383

 
70

Total fixed maturities
$
286,213

 
7,220

 
263

 
$
20,638

 
3,097

 
25

 
$
306,851

 
10,317

 
288

Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock mutual funds
$
3,030

 
237

 
4

 
$
2

 

 
1

 
$
3,032

 
237

 
5

Bond mutual funds
10,158

 
318

 
2

 
108

 
31

 
1

 
10,266

 
349

 
3

Preferred stocks
101

 
1

 
1

 
1

 
1

 
1

 
102

 
2

 
2

Common stock
22

 
1

 
2

 
21

 
21

 
2

 
43

 
22

 
4

Total equities
$
13,311

 
557

 
9

 
$
132

 
53

 
5

 
$
13,443

 
610

 
14

Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]  
Schedule of Realized Gain (Loss) [Table Text Block]
The Company uses the specific identification method of the individual security to determine the cost basis used in the calculation of realized gains and losses related to security sales.  
 
Fixed Maturities Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Proceeds
$

 

 

 

 
403

 

 
403

 

Gross realized gains
$

 

 

 

 
40

 

 
40

 

Gross realized losses
$

 

 

 

 
36

 

 
36

 

The Company uses the specific identification method of the individual security to determine the cost basis used in the calculation of realized gains and losses related to security sales.  
 
Fixed Maturities Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Proceeds
$

 

 

 

 
403

 

 
403

 

Gross realized gains
$

 

 

 

 
40

 

 
40

 

Gross realized losses
$

 

 

 

 
36

 

 
36

 

Schedule of Fixed Maturities [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The amortized cost and fair value of fixed maturity securities at June 30, 2016 by contractual maturity are shown in the table below.  Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date have been reflected based upon final stated maturity.
 
June 30, 2016
 
Amortized
Cost
 
Fair
Value
 
(In thousands)
Available-for-sale securities:
 
 
 
Due in one year or less
$
38,553

 
39,140

Due after one year through five years
108,931

 
113,330

Due after five years through ten years
113,784

 
122,978

Due after ten years
523,666

 
560,025

Total available-for-sale securities
784,934

 
835,473

Held-to-maturity securities:
 

 
 

Due in one year or less
4,185

 
4,206

Due after one year through five years
38,928

 
41,368

Due after five years through ten years
56,368

 
60,490

Due after ten years
156,684

 
163,987

Total held-to-maturity securities
256,165

 
270,051

Total fixed maturities
$
1,041,099

 
1,105,524