Note 14. Segment Reporting

3 Months Ended

Mar. 31, 2016

Notes

Note 14. Segment Reporting

Note 14.          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,
		2016		2015
Revenues:
Medical Stop-Loss	$	7,850	$	54,851
Fully Insured Health		40,087		46,532
Group disability, life and DBL		25,536		20,748
Individual life, annuities and other		751		8,925
Corporate		1,111		49
		75,335		131,105
Net realized investment gains		560		2,000
Total revenues	$	75,895	$	133,105
Income from continuing operations
before income taxes:
Medical Stop-Loss	$	7,802	$	4,321
Fully Insured Health (A)		395		1,277
Group disability, life and DBL		6,701		3,215
Individual life, annuities and other (B)		(1,793)		(1,052)
Corporate		(3,740)		(1,760)
		9,365		6,001
Net realized investment gains		560		2,000
Interest expense		(453)		(432)
Income from continuing operations
before income taxes	$	9,472	$	7,569

(A)                The Fully Insured Health segment includes amortization of intangible assets. Total amortization expense was $340,000 and $263,000 for the three months ended March 31, 2016 and 2015. Amortization expense for the other segments is not material to their operating results.

(B)                 For the three months ended March 31, 2016 and 2015, the Individual life, annuities and other segment includes $1,370,000 and $354,000 of amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies.