Segment Information

9 Months Ended

Sep. 30, 2016

Segment Reporting Information, Operating Income (Loss) [Abstract]

Segment Information

Segment Information

The Company has three reportable segments:  Life Insurance, Home Service Insurance, and Other Non-Insurance Enterprises.  The accounting policies of the segments are in accordance with U.S. GAAP and are the same as those used in the preparation of the consolidated financial statements.  The Company evaluates profit and loss performance based on U.S. GAAP income before federal income taxes for its three reportable segments.

The Company has no reportable differences between segments and consolidated operations.

	Three Months Ended
	September 30, 2016
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises	Consolidated
	(In thousands)
Revenues:
Premiums	$	37,572		11,600		—	49,172
Net investment income	8,473			3,467		380	12,320
Realized investment gains, net	—			46		—	46
Other income	166			2		35	203
Total revenue	46,211			15,115		415	61,741
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	14,980			6,034		—	21,014
Increase in future policy benefit reserves	18,319			948		—	19,267
Policyholders' dividends	1,604			16		—	1,620
Total insurance benefits paid or provided	34,903			6,998		—	41,901
Commissions	6,973			3,879		—	10,852
Other general expenses	1,074			3,610		392	5,076
Capitalization of deferred policy acquisition costs	(6,346		)	(1,544	)	—	(7,890	)
Amortization of deferred policy acquisition costs	5,870			1,019		—	6,889
Amortization of cost of customer relationships acquired	119			522		—	641
Total benefits and expenses	42,593			14,484		392	57,469
Income before income tax expense	$	3,618		631		23	4,272

	Nine Months Ended
	September 30, 2016
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	107,531		35,087		—		142,618
Net investment income	24,534			10,386		1,131		36,051
Realized investment losses, net	(660		)	(1,116	)	—		(1,776	)
Other income	537			5		68		610
Total revenue	131,942			44,362		1,199		177,503
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	43,601			17,387		—		60,988
Increase in future policy benefit reserves	49,482			3,450		—		52,932
Policyholders' dividends	4,942			43		—		4,985
Total insurance benefits paid or provided	98,025			20,880		—		118,905
Commissions	19,544			11,553		—		31,097
Other general expenses	9,199			11,357		2,404		22,960
Capitalization of deferred policy acquisition costs	(17,764		)	(4,493	)	—		(22,257	)
Amortization of deferred policy acquisition costs	17,813			2,611		—		20,424
Amortization of cost of customer relationships acquired	419			1,169		—		1,588
Total benefits and expenses	127,236			43,077		2,404		172,717
Income (loss) before income tax expense	$	4,706		1,285		(1,205	)	4,786

	Three Months Ended
	September 30, 2015
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	37,213		11,695		—		48,908
Net investment income	7,512			3,436		377		11,325
Realized investment losses, net	(1,901		)	(506	)	—		(2,407	)
Other income	217			8		73		298
Total revenue	43,041			14,633		450		58,124
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	13,727			5,801		—		19,528
Increase in future policy benefit reserves	18,337			939		—		19,276
Policyholders' dividends	2,708			11		—		2,719
Total insurance benefits paid or provided	34,772			6,751		—		41,523
Commissions	7,609			3,779		—		11,388
Other general expenses	3,026			3,391		541		6,958
Capitalization of deferred policy acquisition costs	(7,050		)	(1,432	)	—		(8,482	)
Amortization of deferred policy acquisition costs	5,359			912		—		6,271
Amortization of cost of customer relationships acquired	171			434		—		605
Total benefits and expenses	43,887			13,835		541		58,263
Income (loss) before income tax expense	$	(846	)	798		(91	)	(139	)

	Nine Months Ended
	September 30, 2015
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	106,899		35,035		—		141,934
Net investment income	22,130			10,341		1,124		33,595
Realized investment losses, net	(1,959		)	(527	)	—		(2,486	)
Other income	591			78		351		1,020
Total revenue	127,661			44,927		1,475		174,063
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	40,752			17,419		—		58,171
Increase in future policy benefit reserves	52,964			3,370		—		56,334
Policyholders' dividends	7,530			38		—		7,568
Total insurance benefits paid or provided	101,246			20,827		—		122,073
Commissions	20,450			11,602		—		32,052
Other general expenses	11,057			11,680		2,217		24,954
Capitalization of deferred policy acquisition costs	(18,816		)	(4,558	)	—		(23,374	)
Amortization of deferred policy acquisition costs	14,849			2,368		—		17,217
Amortization of cost of customer relationships acquired	493			1,275		—		1,768
Total benefits and expenses	129,279			43,194		2,217		174,690
Income (loss) before income tax expense	$	(1,618	)	1,733		(742	)	(627	)