Segment Reporting Disclosure [Text Block]

6 Months Ended

Jun. 30, 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				Six Months Ended
		June 30,				June 30,
		2018		2017		2018		2017
Revenues:
Specialty Health	$	49,087	$	54,573	$	99,851	$	96,790
Group disability, life, DBL and PFL		35,222		26,467		71,681		52,873
Individual life, annuities and other (A)		445		509		912		1,039
Medical Stop-Loss (A)		(9)		114		23		1,973
Corporate		566		474		1,077		1,130
		85,311		82,137		173,544		153,805
Net investment gains (losses)		(423)		100		(352)		272
Total revenues	$	84,888	$	82,237	$	173,192	$	154,077
Income before income taxes
Specialty Health (B)	$	7,255	$	1,531	$	12,724	$	4,174
Group disability, life, DBL and PFL		4,699		2,151		10,645		7,633
Individual life, annuities and other  (A) (C)		(126)		83		(294)		(147)
Medical Stop-Loss (A)		50		2,465		164		3,290
Corporate		(1,961)		(2,402)		(4,339)		(3,747)
		9,917		3,828		18,900		11,203
Net investment gains (losses)		(423)		100		(352)		272
Income before income taxes	$	9,494	$	3,928	$	18,548	$	11,475

(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 $382,000 and $394,000 for the three months ended June 30, 2018 and 2017, respectively, and was $743,000 and $548,000, respectively, for the six months ended June 30, 2018 and 2017. 

(C)The Individual life, annuities and other segment includes amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies of $219,000 and $285,000 for the three months ended June 30, 2018 and 2017, respectively, and $456,000 and $570,000 for the six months ended June 30, 2018 and 2017, respectively.