Policy Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Liability for Unpaid Claims and Claims Adjustment Expense, Adjustment of Opening Balance [Line Items]

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]



	For the Years Ended December 31,
	2012			2011		2010
	(In thousands)
Policy claims payable at January 1	$	10,020		10,540		10,222
Less: reinsurance recoverable	1,171			1,188		2,455
Net balance at January 1	8,849			9,352		7,767
Add claims incurred, related to:
Current year	26,094			24,996		26,043
Prior years	(687		)	(1,565	)	(1,187	)
	25,407			23,431		24,856
Deduct claims paid, related to:
Current year	18,302			18,004		18,072
Prior years	6,127			5,930		5,199
	24,429			23,934		23,271
Net balance December 31	9,827			8,849		9,352
Plus: reinsurance recoverable	1,188			1,171		1,188
Policy claims payable, December 31	$	11,015		10,020		10,540

- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

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