Note 12. Segment Reporting

3 Months Ended

Mar. 31, 2014

Notes

Note 12. Segment Reporting

Note 12.          Segment Reporting

The Insurance Group principally engages in the life and health insurance business. Information by business segment is presented below for the periods indicated (in thousands):

		Three Months Ended
		March 31,
		2014		2013
Revenues:
Medical Stop-Loss	$	47,588	$	42,122
Fully  Insured Health		66,539		63,683
Group disability, life, annuities and DBL		16,427		14,474
Individual life, annuities and other		8,938		12,947
Corporate		29		37
		139,521		133,263
Net realized investment gains		1,551		4,619
Total revenues	$	141,072	$	137,882
Income before income taxes:
Medical Stop-Loss	$	4,738	$	3,016
Fully Insured Health (A)		1,908		(332)
Group disability, life, annuities and DBL		1,177		1,576
Individual life, annuities and other		(1,109)		382
Corporate		(1,919)		(1,159)
		4,795		3,483
Net realized investment gains		1,551		4,619
Interest expense		(481)		(487)
Income before income taxes	$	5,865	$	7,615

(A)                The Fully Insured Health segment includes amortization of intangible assets. Total amortization expense was $492,000 and $602,000 for the three months ended March 31, 2014 and 2013, respectively. Amortization expense for the other segments is not material to their operating results.