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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 46,203 $ 50,162 $ 29,992
Adjustments to reconcile net income to net cash provided by operating activities:      
Losses and settlement expenses (affiliated $14,364, $20,517 and $50,339) 11,758 17,465 51,128
Unearned premiums (affiliated $5,045, $8,177 and $11,672) 5,450 7,342 11,466
Other policyholders' funds due to affiliate 4,347 (1,432) 1,662
Amounts due to/from affiliate to settle inter-company transaction balances 4,814 (2,151) (531)
Net pension and postretirement benefits due from affiliate (3,045) (2,691) (4,761)
Reinsurance receivables due from affiliate 2,910 4,367 1,725
Prepaid reinsurance premiums due from affiliate (2,746) 2,302 852
Commissions payable (affiliated $(1,662), $3,191 and $(196)) (1,697) 3,265 (408)
Deferred policy acquisition costs (affiliated $(125), $(1,605) and $(1,516)) (219) (1,377) (1,551)
Accrued investment income (261) (494) (311)
Current income tax 8,512 (1,643) (1,424)
Deferred income tax (1,057) 2,883 3,635
Net realized investment gains (4,074) (6,153) (4,349)
Other, net (affiliated $960, $1,796 and $(1,122)) 12,539 13,767 4,690
Total adjustments to reconcile net income to net cash provided by operating activities 37,231 35,450 61,823
Net cash provided by operating activities 83,434 85,612 91,815
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of fixed maturity securities available-for-sale (403,134) (235,242) (209,885)
Disposals of fixed maturity securities available-for-sale 330,239 174,971 131,942
Purchases of equity securities available-for-sale (63,683) (83,098) (50,154)
Disposals of equity securities available-for-sale 71,106 70,905 45,698
Purchases of other long-term investments (8,720) (8,416) (7,613)
Disposals of other long-term investments 571 2,297 530
Net (purchases) disposals of short-term investments (1,071) 14,663 2,904
Net disbursements under reverse repurchase agreements (3,150) (16,850) 0
Net cash used in investing activities (77,842) (80,770) (86,578)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of common stock through affiliate’s stock plans 11,070 9,078 7,392
Excess tax benefit associated with affiliate’s stock plans 0 95 103
Repurchase of common stock (383) 0 0
Dividends paid to stockholders (affiliated $(9,182), $(8,162) and $(7,377)) (16,196) (14,174) (12,588)
Net cash used in financing activities (5,509) (5,001) (5,093)
NET INCREASE (DECREASE) IN CASH 83 (159) 144
Cash at the beginning of the year 224 383 239
Cash at the end of the year 307 224 383
Income taxes paid 13,967 20,254 8,703
Interest paid to affiliate $ 337 $ 337 $ 384