Segment Information (Tables)

9 Months Ended

Sep. 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 September 30, 2024
(In thousands)
Revenues:
Premiums	$	32,201	10,696	—	42,897
Net investment income	13,578		3,552	247	17,377
Investment related gains (losses), net	936		(111)	2	827
Other income	630		—	—	630
Total revenues	47,345		14,137	249	61,731
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	30,083		6,395	—	36,478
Increase (decrease) in future policy benefit reserves	(1,497)		1,968	—	471
Policyholder liability remeasurement (gain) loss	1,681		(524)	—	1,157
Policyholders' dividends	1,314		6	—	1,320
Total insurance benefits paid or provided	31,581		7,845	—	39,426
Commissions	9,549		3,408	—	12,957
Other general expenses	6,791		3,756	1,548	12,095
Capitalization of deferred policy acquisition costs	(8,855)		(1,575)	—	(10,430)
Amortization of deferred policy acquisition costs	3,837		656	—	4,493
Amortization of cost of insurance acquired	26		127	—	153
Total benefits and expenses	42,929		14,217	1,548	58,694
Income (loss) before federal income tax	$	4,416	(80)	(1,299)	3,037

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Nine Months Ended September 30, 2024
(In thousands)
Revenues:
Premiums	$	91,667	32,462	—	124,129
Net investment income	41,076		10,618	710	52,404
Investment related gains (losses), net	1,743		(179)	(27)	1,537
Other income	3,354		20	83	3,457
Total revenues	137,840		42,921	766	181,527
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	86,616		17,505	—	104,121
Increase (decrease) in future policy benefit reserves	(4,959)		4,829	—	(130)
Policyholder liability remeasurement (gain) loss	3,360		(524)	—	2,836
Policyholders' dividends	3,731		17	—	3,748
Total insurance benefits paid or provided	88,748		21,827	—	110,575
Commissions	25,052		10,587	—	35,639
Other general expenses	19,752		11,176	9,144	40,072
Capitalization of deferred policy acquisition costs	(24,262)		(5,042)	—	(29,304)
Amortization of deferred policy acquisition costs	10,781		2,023	—	12,804
Amortization of cost of insurance acquired	81		396	—	477
Total benefits and expenses	120,152		40,967	9,144	170,263
Income (loss) before federal income tax	$	17,688	1,954	(8,378)	11,264

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Three Months Ended September 30, 2023
(In thousands)
Revenues:
Premiums	$	31,148	10,878	—	42,026
Net investment income	13,661		3,459	252	17,372
Investment related gains (losses), net	(424)		(370)	(98)	(892)
Other income	884		—	—	884
Total revenues	45,269		13,967	154	59,390
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	32,419		5,304	—	37,723
Increase (decrease) in future policy benefit reserves	(5,587)		1,707	—	(3,880)
Policyholder liability remeasurement (gain) loss	840		184	—	1,024
Policyholders' dividends	1,405		9	—	1,414
Total insurance benefits paid or provided	29,077		7,204	—	36,281
Commissions	5,406		4,038	—	9,444
Other general expenses	6,036		4,293	1,620	11,949
Capitalization of deferred policy acquisition costs	(5,141)		(1,991)	—	(7,132)
Amortization of deferred policy acquisition costs	3,313		743	—	4,056
Amortization of cost of insurance acquired	28		123	—	151
Total benefits and expenses	38,719		14,410	1,620	54,749
Income (loss) before federal income tax	$	6,550	(443)	(1,466)	4,641

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Nine Months Ended September 30, 2023
(In thousands)
Revenues:
Premiums	$	86,128	33,873	—	120,001
Net investment income	40,470		10,379	838	51,687
Investment related gains (losses), net	(123)		(283)	(71)	(477)
Other income	2,619		1	—	2,620
Total revenues	129,094		43,970	767	173,831
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	83,826		16,972	—	100,798
Increase (decrease) in future policy benefit reserves	(9,270)		3,468	—	(5,802)
Policyholder liability remeasurement (gain) loss	2,541		319	—	2,860
Policyholders' dividends	3,761		22	—	3,783
Total insurance benefits paid or provided	80,858		20,781	—	101,639
Commissions	14,930		12,410	—	27,340
Other general expenses	17,141		13,060	5,276	35,477
Capitalization of deferred policy acquisition costs	(13,958)		(6,076)	—	(20,034)
Amortization of deferred policy acquisition costs	9,642		1,902	—	11,544
Amortization of cost of insurance acquired	86		379	—	465
Total benefits and expenses	108,699		42,456	5,276	156,431
Income (loss) before federal income tax	$	20,395	1,514	(4,509)	17,400