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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (76) $ 6,804
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Losses and settlement expenses (affiliated $6,427 and $5,016) 4,443 4,597
Unearned premiums (affiliated $1,558 and $2,021) 1,274 1,595
Other policyholders' funds due to affiliate (427) 550
Amounts due to/from affiliate to settle inter-company transaction balances (153) (12,135)
Net pension and postretirement benefits due from affiliate (827) (512)
Reinsurance receivables due from affiliate 374 (171)
Prepaid reinsurance premiums due from affiliate 1,188 (1,035)
Commissions payable (affiliated $(7,893) and $(7,270)) (7,817) (7,270)
Deferred policy acquisition costs (affiliated $(1,819) and $905) (1,778) 1,023
Accrued investment income (330) (1,081)
Current income tax 1,207 1,682
Deferred income tax (1,658) (410)
Net realized investment gains (losses) and, beginning in 2018, change in unrealized investment gains on equity investments 5,393 627
Other, net (affiliated $(727) and $(3,145)) 2,644 1,997
Total adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities 3,533 (10,543)
Net cash provided by (used in) operating activities 3,457 (3,739)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of fixed maturity securities available-for-sale (53,019) (39,461)
Disposals of fixed maturity securities available-for-sale 51,447 41,013
Purchases of equity investments (20,143)  
Purchases of equity investments   (17,490)
Disposals of equity investments 19,168  
Disposals of equity investments   12,134
Purchases of other long-term investments (4,507) (6,087)
Disposals of other long-term investments 2,305 365
Net (purchases) disposals of short-term investments 1,949 14,140
Net receipts under reverse repurchase agreements 2,500 3,500
Net cash (used in) provided by investing activities (300) 8,114
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock through affiliate’s stock plans 2,398 1,953
Repurchase of common stock (802) (1,758)
Dividends paid to stockholders (affiliated $(2,590) and $(2,472)) (4,718) (4,428)
Net cash used in financing activities (3,122) (4,233)
NET INCREASE IN CASH 35 142
Cash at the beginning of the year 347 307
Cash at the end of the quarter $ 382 $ 449