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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 20,484,753 $ 16,647,264
Adjustments to reconcile net income to net cash provided by operating activities:    
Losses and settlement expenses (affiliated $11,611,266 and $759,394) 13,246,556 1,379,275
Unearned premiums (affiliated $13,524,119 and $2,910,048) 13,644,400 2,981,569
Other policyholders' funds due to affiliate 679,714 485,415
Amounts due affiliate to settle inter-company transaction balances (16,516,979) (13,159,076)
Net pension and postretirement benefits payable to affiliate 2,730,840 3,488,670
Reinsurance receivables due from affiliate 1,513,429 1,786,122
Prepaid reinsurance premiums due from affiliate (2,210,035) 3,522,981
Commissions payable (affiliated ($3,511,942) and ($1,684,024)) (3,528,226) (1,733,467)
Interest payable to affiliate (684,375) (450,000)
Deferred policy acquisition costs (affiliated $2,177,449 and ($1,220,806)) (2,204,242) (1,234,955)
Stock-based compensation payable to affiliate 142,203 123,239
Accrued investment income (94,601) 222,162
Accrued income tax:    
Current (1,539,317) 2,281,398
Deferred (125,348) 41,733
Net realized investment gains (2,843,126) (7,779,993)
Accounts receivable 139,828 (69,881)
Amortization of premium/discount on fixed maturity securities 689,276 (405,141)
Other, net (affiliated ($3,605,888) and ($3,221,600)) (3,739,117) (3,307,055)
Total adjustments to reconcile net income to net cash provided by operating activities (699,120) (11,827,004)
Net cash provided by operating activities 19,785,633 4,820,260
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of fixed maturity securities available-for-sale (157,815,372) (98,683,323)
Disposals of fixed maturity securities available-for-sale 118,359,602 133,555,413
Purchases of equity securities available-for-sale (23,236,336) (63,487,572)
Disposals of equity securities available-for-sale 23,926,985 52,414,422
Purchases of other long-term investments (177,962) 0
Disposals of other long-term investments 152,700 3,248
Net (purchases) disposals of short-term investments 19,497,165 (23,666,050)
Net cash (used in) provided by investing activities (19,293,218) 136,138
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock through affiliate’s stock plans 5,116,136 230,612
Excess tax benefit associated with affiliate’s stock plans 43,357 (2,176)
Dividends paid to stockholders (affiliated ($3,296,098) and ($3,139,140)) (5,476,677) (5,153,433)
Net cash used in financing activities (317,184) (4,924,997)
NET INCREASE IN CASH 175,231 31,401
Cash at the beginning of the year 330,392 255,042
Cash at the end of the quarter $ 505,623 $ 286,443