Concentration Risk Disclosure [Text Block]

12 Months Ended

Dec. 31, 2019

Notes

Concentration Risk Disclosure

Note 16.Concentration of Credit Risk    At December 31, 2019, the Company had no investment securities of any one issuer or in any one industry which exceeded 10% of stockholders' equity, except for investments in obligations of the U.S. Government and its agencies and mortgage-backed securities issued by GSEs, as summarized in Note 4.   Fixed maturities with carrying values of $13,359,000 and $12,823,000 were on deposit with various state insurance departments at December 31, 2019 and 2018, respectively.   At December 31, 2019, the Company had reinsurance recoverable from the following reinsurers that individually exceed 10% of stockholders’ equity (in thousands):

	AM Best		Due from
Reinsurer	Rating		Reinsurer
National Guardian Life Insurance Company	A-	$	215,724
Guggenheim Life and Annuity Company	B++		93,775

The Company believes that these receivables are fully collectible.