Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

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

The Company's Other Non-Insurance Enterprises represents the only reportable difference between segments and consolidated operations.

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Three Months Ended June 30, 2024
(In thousands)
Revenues:
Premiums	$	31,605	10,954	—	42,559
Net investment income	13,812		3,529	199	17,540
Investment related gains (losses), net	(279)		23	3	(253)
Other income	2,218		20	—	2,238
Total revenues	47,356		14,526	202	62,084
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	29,169		5,361	—	34,530
Increase (decrease) in future policy benefit reserves	(2,269)		1,217	—	(1,052)
Policyholder liability remeasurement (gain) loss	1,306		54	—	1,360
Policyholders' dividends	1,186		5	—	1,191
Total insurance benefits paid or provided	29,392		6,637	—	36,029
Commissions	8,543		3,689	—	12,232
Other general expenses	6,925		3,931	5,783	16,639
Capitalization of deferred policy acquisition costs	(8,591)		(1,952)	—	(10,543)
Amortization of deferred policy acquisition costs	3,586		687	—	4,273
Amortization of cost of insurance acquired	29		123	—	152
Total benefits and expenses	39,884		13,115	5,783	58,782
Income (loss) before federal income tax	$	7,472	1,411	(5,581)	3,302

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Six Months Ended June 30, 2024
(In thousands)
Revenues:
Premiums	$	59,466	21,766	—	81,232
Net investment income	27,498		7,066	463	35,027
Investment related gains (losses), net	807		(68)	(29)	710
Other income	2,724		20	83	2,827
Total revenues	90,495		28,784	517	119,796
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	56,533		11,110	—	67,643
Increase (decrease) in future policy benefit reserves	(3,462)		2,861	—	(601)
Policyholder liability remeasurement (gain) loss	1,679		—	—	1,679
Policyholders' dividends	2,417		11	—	2,428
Total insurance benefits paid or provided	57,167		13,982	—	71,149
Commissions	15,503		7,179	—	22,682
Other general expenses	12,961		7,420	7,596	27,977
Capitalization of deferred policy acquisition costs	(15,407)		(3,467)	—	(18,874)
Amortization of deferred policy acquisition costs	6,944		1,367	—	8,311
Amortization of cost of insurance acquired	55		269	—	324
Total benefits and expenses	77,223		26,750	7,596	111,569
Income (loss) before federal income tax	$	13,272	2,034	(7,079)	8,227

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Three Months Ended June 30, 2023
(In thousands)
Revenues:
Premiums	$	28,773	10,953	—	39,726
Net investment income	13,498		3,450	293	17,241
Investment related gains (losses), net	738		(12)	(23)	703
Other income	856		1	—	857
Total revenues	43,865		14,392	270	58,527
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	26,968		5,808	—	32,776
Increase (decrease) in future policy benefit reserves	(1,863)		919	—	(944)
Policyholder liability remeasurement (gain) loss	885		71	—	956
Policyholders' dividends	1,255		6	—	1,261
Total insurance benefits paid or provided	27,245		6,804	—	34,049
Commissions	4,765		4,118	—	8,883
Other general expenses	5,646		4,299	2,323	12,268
Capitalization of deferred policy acquisition costs	(4,457)		(2,087)	—	(6,544)
Amortization of deferred policy acquisition costs	3,167		507	—	3,674
Amortization of cost of insurance acquired	26		127	—	153
Total benefits and expenses	36,392		13,768	2,323	52,483
Income (loss) before federal income tax	$	7,473	624	(2,053)	6,044

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Six Months Ended June 30, 2023
(In thousands)
Revenues:
Premiums	$	54,980	22,995	—	77,975
Net investment income	26,809		6,920	586	34,315
Investment related gains (losses), net	301		87	27	415
Other income	1,735		1	—	1,736
Total revenues	83,825		30,003	613	114,441
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	51,407		11,668	—	63,075
Increase (decrease) in future policy benefit reserves	(3,683)		1,761	—	(1,922)
Policyholder liability remeasurement (gain) loss	1,701		135	—	1,836
Policyholders' dividends	2,356		13	—	2,369
Total insurance benefits paid or provided	51,781		13,577	—	65,358
Commissions	9,524		8,372	—	17,896
Other general expenses	11,105		8,767	3,656	23,528
Capitalization of deferred policy acquisition costs	(8,817)		(4,085)	—	(12,902)
Amortization of deferred policy acquisition costs	6,329		1,159	—	7,488
Amortization of cost of insurance acquired	58		256	—	314
Total benefits and expenses	69,980		28,046	3,656	101,682
Income (loss) before federal income tax	$	13,845	1,957	(3,043)	12,759