Segment Reporting Disclosure [Text Block]

3 Months Ended

Mar. 31, 2018

Notes

Segment Reporting Disclosure

Note 14.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. Effective January 1, 2018, Standard Security Life began selling a new rider (“Paid Family Leave” or “PFL”) as part of our New York short-term disability (“DBL”) policies.  

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

		Three Months Ended
		March 31,
		2018		2017
Revenues:
Specialty Health	$	50,764	$	42,217
Group disability, life, DBL and PFL		36,459		26,406
Individual life, annuities and other (A)		467		530
Medical Stop-Loss (A)		32		1,859
Corporate		511		656
		88,233		71,668
Net investment gains		71		172
Total revenues	$	88,304	$	71,840
Income before income taxes
Specialty Health (B)	$	5,469	$	2,643
Group disability, life, DBL and PFL		5,946		5,482
Individual life, annuities and other  (A) (C)		(168)		(230)
Medical Stop-Loss (A)		114		825
Corporate		(2,378)		(1,345)
		8,983		7,375
Net investment gains		71		172
Income before income taxes	$	9,054	$	7,547

(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 $361,000 and $154,000 for the three months ended March 31, 2018 and 2017, respectively. 

(C)For the three months ended March 31, 2018 and 2017, the Individual life, annuities and other segment includes $237,000 and $284,000 of amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies.