Segment Reporting Disclosure [Text Block]

6 Months Ended

Jun. 30, 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				Six Months Ended
		June 30,				June 30,
		2019		2018		2019		2018
Revenues:
Specialty Health	$	47,743	$	49,087	$	101,182	$	99,851
Group disability, life, DBL and PFL		42,914		35,222		83,043		71,681
Individual life, annuities and other (A)		404		445		822		912
Medical Stop-Loss (A)		2		11		4		23
Corporate		2,604		546		3,273		1,077
		93,667		85,311		188,324		173,544
Net investment gains (losses)		1,455		(423)		1,626		(352)
Net impairment losses recognized in earnings		-		-		(646)		-
Total revenues	$	95,122	$	84,888	$	189,304	$	173,192
Income before income taxes
Specialty Health (B)	$	2,823	$	7,255	$	12,481	$	12,724
Group disability, life, DBL and PFL		5,038		4,699		9,202		10,645
Individual life, annuities and other  (A) (C)		(314)		(126)		(767)		(294)
Medical Stop-Loss (A)		213		70		285		164
Corporate		(709)		(1,981)		(3,141)		(4,339)
		7,051		9,917		18,060		18,900
Net investment gains (losses)		1,455		(423)		1,626		(352)
Net impairment losses recognized in earnings		-		-		(646)		-
Income before income taxes	$	8,506	$	9,494	$	19,040	$	18,548

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

(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 $197,000 and $219,000 for the three months ended June 30, 2019 and 2018, respectively, and $402,000 and $456,000 for the six months ended June 30, 2019 and 2018 , respectively.