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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 27,684,396 $ 24,968,508
Adjustments to reconcile net income to net cash provided by operating activities:    
Losses and settlement expenses (affiliated $18,213,021 and $1,188,617) 21,550,920 2,254,191
Unearned premiums (affiliated $40,590,492 and $31,622,415) 40,690,840 31,700,276
Other policyholders' funds due to affiliate 2,289,460 1,542,349
Amounts due to/from affiliate to settle inter-company transaction balances (28,604,756) (26,873,622)
Net pension and postretirement benefits payable to affiliate 4,162,603 5,327,016
Reinsurance receivables due from affiliate 3,679,996 3,292,488
Prepaid reinsurance premiums due from affiliate (4,339,955) 3,222,174
Commissions payable (affiliated ($852,204) and $693,173) (867,812) 655,488
Interest payable to affiliate (600,000) (225,000)
Deferred policy acquisition costs (affiliated ($5,446,306) and ($5,868,462)) (5,466,747) (5,884,488)
Accrued investment income (409,413) (291,345)
Current income tax 2,034,839 5,134,114
Deferred income tax (1,635,291) (381,871)
Net realized investment gains (3,850,335) (7,603,625)
Other, net (affiliated ($443,910) and ($3,628,547)) 509,442 (3,841,037)
Total adjustments to reconcile net income to net cash provided by operating activities 29,143,791 8,027,108
Net cash provided by operating activities 56,828,187 32,995,616
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of fixed maturity securities available-for-sale (199,003,742) (184,246,071)
Disposals of fixed maturity securities available-for-sale 159,213,458 178,582,941
Purchases of equity securities available-for-sale (33,374,027) (75,820,766)
Disposals of equity securities available-for-sale 30,491,278 63,185,706
Purchases of other long-term investments (644,462) 0
Disposals of other long-term investments 154,050 4,872
Net (purchases) disposals of short-term investments (11,152,085) (7,412,448)
Net cash used in investing activities (54,315,530) (25,705,766)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock through affiliate’s stock plans 5,940,798 306,431
Excess tax benefit associated with affiliate’s stock plans 51,864 (2,190)
Dividends paid to stockholders (affiliated ($4,944,147) and ($4,708,710)) (8,234,859) (7,731,673)
Net cash used in financing activities (2,242,197) (7,427,432)
NET INCREASE (DECREASE) IN CASH 270,460 (137,582)
Cash at the beginning of the year 330,392 255,042
Cash at the end of the quarter $ 600,852 $ 117,460