Note 15 Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting

Segment Reporting Disclosure [Text Block]

Note 15.          Segment Reporting

The Insurance Group principally engages in the life and health insurance business. Information by business segment for the three months ended March 31, 2012 and 2011 is presented below (in thousands):

			Three Months Ended
			March 31,
			2012		2011
Revenues:
Medical Stop-Loss		$	35,260	$	30,635
Fully Insured Health			38,667		43,239
Group disability, life, annuities and DBL			12,915		15,257
Individual life, annuities and other			13,790		15,143
Corporate			470		550
			101,102		104,824
Net realized investment gains			1,137		(202)
Other-than-temporary impairment losses			(83)		(303)
		$	102,156	$	104,319
Income from continuing operations
	before income taxes:
Medical Stop-Loss		$	6,085	$	(27)
Fully Insured Health(A)			1,152		3,363
Group disability, life, annuities and DBL			(31)		(184)
Individual life, annuities and other			370		14
Corporate			(1,675)		(268)
			5,901		2,898
Net realized investment gains			1,137		(202)
Other-than-temporary impairment losses			(83)		(303)
Interest expense			(539)		(457)
		$	6,416	$	1,936

(A)The Fully Insured Health segment includes amortization of intangible assets recorded as a result of acquisition accounting. Total amortization expense was $595,000 and $607,000 for the three months ended March 31, 2012 and 2011, respectively. Amortization expense for the other segments is insignificant.