Segment Reporting Disclosure [Text Block]

3 Months Ended

Mar. 31, 2017

Notes

Segment Reporting Disclosure

Note 15.     Segment Reporting 

The Insurance Group principally engages in the life and health insurance business. Interest expense, taxes, and general expenses associated with parent company activities are included in Corporate. Identifiable assets by segment are those assets that are utilized in each segment and are allocated based upon the mean reserves and liabilities of each such segment. Corporate assets are composed principally of cash equivalents, resale agreements, fixed maturities, equity securities, partnership interests and certain other investments.

Information by business segment is presented below for the periods indicated (in thousands):

		Three Months Ended
		March 31,
		2017		2016
Revenues:
Specialty Health	$	42,217	$	40,087
Group disability; life and DBL		26,406		25,536
Individual life, annuities and other (A)		530		751
Medical Stop-Loss (A)		1,859		7,850
Corporate		656		1,111
		71,668		75,335
Net realized investment gains		172		560
Total revenues	$	71,840	$	75,895
Income from continuing operations
before income taxes:
Specialty Health (B)	$	2,643	$	395
Group disability; life and DBL		5,482		6,701
Individual life, annuities and other (A) (C)		(230)		(1,793)
Medical Stop-Loss (A)		825		7,802
Corporate		(1,345)		(3,740)
		7,375		9,365
Net realized investment gains		172		560
Interest expense		-		(453)
Income from continuing operations
before income taxes	$	7,547	$	9,472

(A)    Substantially all of the business in the segment is coinsured. Activity in this segment primarily reflects income or expenses related to the coinsurance and the run-off of any remaining blocks that were not coinsured.  

(B)    The Specialty Health segment includes amortization of intangible assets. Total amortization expense was $154,000 and $340,000 for the three months ended March 31, 2017 and 2016. 

(C)    For the three months ended March 31, 2017 and 2016, the Individual life, annuities and other segment includes $284,000 and $1,370,000 of amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies.