Segment Reporting Disclosure [Text Block]

9 Months Ended

Sep. 30, 2019

Notes

Segment Reporting Disclosure

Note 16.Segment Reporting 

The Insurance Group principally engages in the life and health insurance business. 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				Nine Months Ended
		September 30,				September 30,
		2019		2018		2019		2018
Revenues:
Specialty Health	$	48,237	$	53,108	$	149,419	$	152,959
Group disability, life, DBL and PFL		44,025		35,599		127,068		107,280
Individual life, annuities and other (A)		457		520		1,279		1,432
Medical Stop-Loss (A)		2		13		6		36
Corporate		1,514		678		4,787		1,755
		94,235		89,918		282,559		263,462
Net investment gains (losses)		930		17		2,556		(335)
Net impairment losses recognized in earnings		-		-		(646)		-
Total revenues	$	95,165	$	89,935	$	284,469	$	263,127
Income before income taxes
Specialty Health (B)	$	1,127	$	10,595	$	13,608	$	23,319
Group disability, life, DBL and PFL		9,985		4,267		19,187		14,912
Individual life, annuities and other  (A) (C)		(607)		(63)		(1,374)		(357)
Medical Stop-Loss (A)		(33)		(64)		252		100
Corporate		(1,983)		(1,849)		(5,124)		(6,188)
		8,489		12,886		26,549		31,786
Net investment gains (losses)		930		17		2,556		(335)
Net impairment losses recognized in earnings		-		-		(646)		-
Income before income taxes	$	9,419	$	12,903	$	28,459	$	31,451

(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 $308,000 and $381,000 for the three months ended September 30, 2019 and 2018, respectively, and was $976,000 and $1,124,000 for the nine months ended September 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 $198,000 and $220,000 for the three months ended September 30, 2019 and 2018, respectively, and $600,000 and $675,000 for the nine months ended September 30, 2019 and 2018 , respectively.