Segment and Other Operating Information (Tables)

12 Months Ended

Dec. 31, 2023

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

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Year ended December 31, 2023 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums:
Life insurance	$	121,424	43,185	—	164,609
Accident and health insurance	721		916	—	1,637
Property insurance	—		793	—	793
Net investment income (loss)	54,352		13,832	1,070	69,254
Investment related gains (losses), net	301		522	(63)	760
Other income (loss)	3,605		17	5	3,627
Total revenues	180,403		59,265	1,012	240,680
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	113,428		22,565	—	135,993
Increase in future policy benefit reserves	(10,931)		5,307	—	(5,624)
Policyholder liability remeasurement (gain) loss	4,153		307	—	4,460
Policyholders' dividends	5,512		30	—	5,542
Total insurance benefits paid or provided	112,162		28,209	—	140,371
Commissions	22,896		16,345	—	39,241
Other general expenses	23,969		16,690	6,472	47,131
Capitalization of deferred policy acquisition costs	(20,251)		(8,050)	—	(28,301)
Amortization of deferred policy acquisition costs	12,895		2,565	—	15,460
Amortization of cost of insurance acquired	111		493	—	604
Total benefits and expenses	151,782		56,252	6,472	214,506
Income (loss) before federal income tax	$	28,621	3,013	(5,460)	26,174

Year ended December 31, 2022 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums:
Life insurance	$	124,156	43,430	—	167,586
Accident and health insurance	497		781	—	1,278
Property insurance	—		4,850	—	4,850
Net investment income (loss)	50,680		13,632	1,114	65,426
Investment related gains (losses), net	(8,826)		(1,277)	(188)	(10,291)
Other income (loss)	3,668		1	6	3,675
Total revenues	170,175		61,417	932	232,524
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	95,576		24,359	—	119,935
Increase in future policy benefit reserves	3,894		910	—	4,804
Policyholder liability remeasurement (gain) loss	1,728		1,156	—	2,884
Policyholders' dividends	5,990		23	—	6,013
Total insurance benefits paid or provided	107,188		26,448	—	133,636
Commissions	20,031		16,191	—	36,222
Other general expenses	23,192		16,444	5,541	45,177
Capitalization of deferred policy acquisition costs	(17,942)		(6,957)	—	(24,899)
Amortization of deferred policy acquisition costs	12,160		2,230	—	14,390
Amortization of cost of insurance acquired	123		498	—	621
Total benefits and expenses	144,752		54,854	5,541	205,147
Income (loss) before federal income tax	$	25,423	6,563	(4,609)	27,377

Year ended December 31, 2021 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums:
Life insurance	$	125,558	44,243	—	169,801
Accident and health insurance	500		750	—	1,250
Property insurance	—		3,677	—	3,677
Net investment income (loss)	47,216		13,224	1,055	61,495
Investment related gains (losses), net	9,176		618	1,197	10,991
Other income (loss)	3,362		7	(37)	3,332
Total revenue	185,812		62,519	2,215	250,546
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	91,390		28,345	—	119,735
Increase in future policy benefit reserves	7,822		1,951	—	9,773
Policyholder liability remeasurement (gain) loss	829		605	—	1,434
Policyholders' dividends	6,140		40	—	6,180
Total insurance benefits paid or provided	106,181		30,941	—	137,122
Commissions	18,747		16,716	—	35,463
Other general expenses	20,846		14,739	7,785	43,370
Capitalization of deferred policy acquisition costs	(16,174)		(6,566)	—	(22,740)
Amortization of deferred policy acquisition costs	11,536		1,909	—	13,445
Amortization of cost of insurance acquired	150		607	—	757
Goodwill impairment	12,624		—	—	12,624
Total benefits and expenses	153,910		58,346	7,785	220,041
Income (loss) before federal income tax	$	31,902	4,173	(5,570)	30,505

Assets [Table Text Block]

The table below summarizes assets by segment.

December 31, (In thousands)	2023		2022
Assets:
Segments:
Life Insurance	$	1,267,243	1,194,285
Home Service Insurance	359,773		341,671
Total Segments	1,627,016		1,535,956
Other Non-Insurance Enterprises	41,912		54,747
Total assets	$	1,668,928	1,590,703

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

GEOGRAPHIC INFORMATION

The following table sets forth, by country, the Company's annual total of earned premiums from geographic area for the years indicated:

Years ended December 31, (In thousands)	2023		2022	2021
Area:
United States	$	50,594	54,712	56,000
Colombia	25,453		25,181	24,829
Taiwan	17,760		18,236	19,042
Venezuela	15,143		16,429	17,788
Ecuador	13,379		12,992	13,115
Argentina	9,533		9,251	9,160
Other foreign countries	38,695		40,172	38,871
Net reinsurance	(3,518)		(3,259)	(4,077)
Total premiums	$	167,039	173,714	174,728