Segment Reporting Disclosure [Text Block]

3 Months Ended

Mar. 31, 2019

Notes

Segment Reporting Disclosure

Note 16.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,
		2019		2018
Revenues:
Specialty Health	$	53,439	$	50,764
Group disability, life, DBL and PFL		40,129		36,459
Individual life, annuities and other (A)		418		467
Medical Stop-Loss (A)		2		32
Corporate		669		511
		94,657		88,233
Net investment gains		171		71
Net impairment losses recognized in earnings		(646)		-
Total revenues	$	94,182	$	88,304
Income before income taxes
Specialty Health (B)	$	9,658	$	5,469
Group disability, life, DBL and PFL		4,164		5,946
Individual life, annuities and other  (A) (C)		(453)		(168)
Medical Stop-Loss (A)		72		114
Corporate		(2,432)		(2,378)
		11,009		8,983
Net investment gains		171		71
Net impairment losses recognized in earnings		(646)		-
Income before income taxes	$	10,534	$	9,054

(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 $359,000 and $361,000 for the three months ended March 31, 2019 and 2018, respectively. 

(C)For the three months ended March 31, 2019 and 2018, the Individual life, annuities and other segment includes $205,000 and $237,000, respectively, of amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies.