Segment Information

3 Months Ended

Mar. 31, 2017

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
	March 31, 2017
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	33,563		11,818		—		45,381
Net investment income	9,131			3,259		349		12,739
Realized investment gains, net	77			1,186		—		1,263
Other income (loss)	118			(1	)	81		198
Total revenue	42,889			16,262		430		59,581
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	15,676			6,048		—		21,724
Increase in future policy benefit reserves	13,260			1,276		—		14,536
Policyholders' dividends	1,295			9		—		1,304
Total insurance benefits paid or provided	30,231			7,333		—		37,564
Commissions	6,007			3,918		—		9,925
Other general expenses	3,872			4,858		1,426		10,156
Capitalization of deferred policy acquisition costs	(5,378		)	(1,523	)	—		(6,901	)
Amortization of deferred policy acquisition costs	6,306			1,069		—		7,375
Amortization of cost of customer relationships acquired	172			347		—		519
Total benefits and expenses	41,210			16,002		1,426		58,638
Income (loss) before income tax expense	$	1,679		260		(996	)	943

	Three Months Ended
	March 31, 2016
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	32,848		11,591		—		44,439
Net investment income	7,954			3,414		363		11,731
Realized investment losses, net	(868		)	(928	)	—		(1,796	)
Other income	115			3		33		151
Total revenue	40,049			14,080		396		54,525
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	13,464			5,541		—		19,005
Increase in future policy benefit reserves	14,540			1,186		—		15,726
Policyholders' dividends	1,536			13		—		1,549
Total insurance benefits paid or provided	29,540			6,740		—		36,280
Commissions	5,803			3,665		—		9,468
Other general expenses	4,084			4,190		900		9,174
Capitalization of deferred policy acquisition costs	(4,926		)	(1,338	)	—		(6,264	)
Amortization of deferred policy acquisition costs	5,804			827		—		6,631
Amortization of cost of customer relationships acquired	170			375		—		545
Total benefits and expenses	40,475			14,459		900		55,834
Loss before income tax expense	$	(426	)	(379	)	(504	)	(1,309	)