SURPLUS NOTES	12 Months Ended
Dec. 31, 2017
SURPLUS NOTES [Abstract]
SURPLUS NOTES	SURPLUS NOTES The Company’s property and casualty insurance subsidiaries have $25.0 million of surplus notes issued to Employers Mutual at an interest rate of 1.35 percent. The Inter-Company Committees of the boards of directors of the Company and Employers Mutual approved a change in the interest rate on the surplus notes to 2.73 percent effective February 1, 2018, subject to regulatory approval. Reviews of the interest rate are conducted every five years, with the next review due in 2023. Payments of interest and repayments of principal can only be made out of the applicable subsidiary’s statutory surplus and are subject to prior approval by the insurance commissioner of the respective states of domicile. The surplus notes are subordinate and junior in right of payment to all obligations or liabilities of the applicable insurance subsidiaries. Total interest expense on these surplus notes was $337,000 in 2017, 2016 and 2015. At December 31, 2017, the Company’s property and casualty insurance subsidiaries had received approval for the payment of the 2017 interest expense on the surplus notes.

SURPLUS NOTES

The Company’s property and casualty insurance subsidiaries have $25.0 million of surplus notes issued to Employers Mutual at an interest rate of 1.35 percent. The Inter-Company Committees of the boards of directors of the Company and Employers Mutual approved a change in the interest rate on the surplus notes to 2.73 percent effective February 1, 2018, subject to regulatory approval. Reviews of the interest rate are conducted every five years, with the next review due in 2023. Payments of interest and repayments of principal can only be made out of the applicable subsidiary’s statutory surplus and are subject to prior approval by the insurance commissioner of the respective states of domicile. The surplus notes are subordinate and junior in right of payment to all obligations or liabilities of the applicable insurance subsidiaries. Total interest expense on these surplus notes was $337,000 in 2017, 2016 and 2015. At December 31, 2017, the Company’s property and casualty insurance subsidiaries had received approval for the payment of the 2017 interest expense on the surplus notes.