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Segment and Other Operating Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting Information, Operating Income (Loss) [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Year ended December 31, 2024
(In thousands)
Life
Insurance
Home
Service Insurance
Other
Non-Insurance
Enterprises
Consolidated
Revenues:    
Premiums:
Life insurance$129,426 42,135  171,561 
Accident and health insurance763 1,022  1,785 
Property insurance (18) (18)
Net investment income (loss)54,666 14,162 884 69,712 
Investment related gains (losses), net(2,185)(424)(17)(2,626)
Other income (loss)4,483 21 83 4,587 
Total revenues187,153 56,898 950 245,001 
Benefits and expenses:    
Insurance benefits paid or provided:    
Claims and surrenders123,020 23,062  146,082 
Increase in future policy benefit reserves(10,501)6,215  (4,286)
Policyholder liability remeasurement (gain) loss
5,380 (624) 4,756 
Policyholders' dividends5,332 23  5,355 
Total insurance benefits paid or provided123,231 28,676  151,907 
Commissions35,795 13,323  49,118 
Other general expenses25,898 14,972 11,396 52,266 
Capitalization of deferred policy acquisition costs(35,404)(5,898) (41,302)
Amortization of deferred policy acquisition costs14,584 2,851  17,435 
Amortization of cost of insurance acquired103 494  597 
Total benefits and expenses164,207 54,418 11,396 230,021 
Income (loss) before federal income tax$22,946 2,480 (10,446)14,980 
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 insurance721 916 — 1,637 
Property insurance— 793 — 793 
Net investment income (loss)54,352 13,832 1,070 69,254 
Investment related gains (losses), net301 522 (63)760 
Other income (loss)3,605 17 3,627 
Total revenues180,403 59,265 1,012 240,680 
Benefits and expenses:    
Insurance benefits paid or provided:    
Claims and surrenders113,428 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' dividends5,512 30 — 5,542 
Total insurance benefits paid or provided112,162 28,209 — 140,371 
Commissions22,896 16,345 — 39,241 
Other general expenses23,969 16,690 6,472 47,131 
Capitalization of deferred policy acquisition costs(20,251)(8,050)— (28,301)
Amortization of deferred policy acquisition costs12,895 2,565 — 15,460 
Amortization of cost of insurance acquired111 493 — 604 
Total benefits and expenses151,782 56,252 6,472 214,506 
Income (loss) before federal income tax$28,621 3,013 (5,460)26,174 
The Company categorizes premiums in two categories - first year premiums are premiums received within the first 12 months of a policy's issuance and any premiums received thereafter are renewal premiums. A summary of the direct premiums for the Life Insurance segment is detailed below.

Years ended December 31,
(In thousands)
Life Insurance Segment
20242023
Premiums:  
Direct premiums:
First year$27,796 13,479 
Renewal107,861 110,372 
Total direct premiums135,657 123,851 
Reinsurance
(5,468)(1,706)
Total premiums$130,189 122,145 
Since the property casualty business was dissolved during 2024, a summary of the Home Service Insurance segment direct life and A&H premium breakout is detailed below.
Years ended December 31,
(In thousands)
Home Service Insurance Segment
20242023
Direct life and A&H premiums:
  
First year$5,226 5,810 
Renewal37,958 38,316 
Total direct life and A&H premiums
$43,184 44,126 
Assets [Table Text Block]
The table below summarizes assets by segment.
December 31,
(In thousands)
20242023
Assets:  
Segments:
Life Insurance$1,291,300 1,267,243 
Home Service Insurance358,788 359,773 
Total Segments
1,650,088 1,627,016 
Other Non-Insurance Enterprises35,237 41,912 
Total assets$1,685,325 1,668,928 
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]
GEOGRAPHIC INFORMATION

The following table sets forth the Company's annual total of earned premiums by country of policyholder residence for the years indicated.

Years ended December 31,
(In thousands)
20242023
Area:  
United States$58,468 50,594 
Colombia25,727 25,453 
Taiwan16,690 17,760 
Venezuela14,305 15,143 
Ecuador13,159 13,379 
Argentina10,319 9,533 
Other foreign countries39,317 38,943 
Reinsurance and change in premium accruals(4,657)(3,766)
Total premiums$173,328 167,039