Goodwill and Intangible Assets Disclosure [Text Block]

6 Months Ended

Jun. 30, 2019

Notes

Goodwill and Intangible Assets Disclosure

  Note 8.Goodwill and Other Intangible Assets    The carrying amount of goodwill is $60,205,000 and $50,697,000 at June 30, 2019 and December 31, 2018, respectively, all of which is attributable to the Specialty Health segment.   The Company has net other intangible assets of $13,995,000 and $13,163,000 at June 30, 2019 and December 31, 2018, respectively, which are included in other assets in the Condensed Consolidated Balance Sheets. These intangible assets consist of: (i) finite-lived intangible assets, principally the fair value of acquired agent and broker relationships, which are subject to amortization; and (ii) indefinite-lived intangible assets which consist of the estimated fair value of insurance licenses that are not subject to amortization.   The gross carrying amounts of these other intangible assets are as follows for the periods indicated (in thousands):    

		June 30, 2019				December 31, 2018
		Gross				Gross
		Carrying		Accumulated		Carrying		Accumulated
		Amount		Amortization		Amount		Amortization
Finite-lived Intangible Assets:
Agent and broker relationships	$	18,753	$	13,971	$	17,253	$	13,419
Domain		1,000		275		1,000		225
Software systems		780		269		780		203
Total finite-lived	$	20,533	$	14,515	$	19,033	$	13,847

		June 30,		December 31,
		2019		2018
Indefinite-lived Intangible Assets:
Insurance licenses	$	7,977	$	7,977
Total indefinite-lived	$	7,977	$	7,977

As discussed in Note 7, in connection with business acquisitions in 2019, the Company recorded $9,508,000 of goodwill and $1,500,000 of intangible assets associated with the Specialty Health segment. The intangible assets primarily represent the fair value of customer relationships and are being amortized over a weighted average period of 17 years.

Amortization expense was $309,000 and $668,000 for the three and six months ended June 30, 2019, respectively, and $382,000 and $743,000 for the three and six months ended June 30, 2018, respectively.