Segment Reporting Disclosure [Text Block]

3 Months Ended

Mar. 31, 2020

Notes

Segment Reporting Disclosure

Note 14.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
		March 31,
		2020		2019
Revenues:
Specialty Health	$	49,006	$	53,439
Group disability, life, DBL and PFL		53,918		40,129
Individual life, annuities and other (A)		318		420
Corporate		467		669
		103,709		94,657
Net investment gains		288		171
Net impairment losses recognized in earnings		-		(646)
Total revenues	$	103,997	$	94,182
Income before income taxes
Specialty Health	$	152	$	9,658
Group disability, life, DBL and PFL		6,530		4,164
Individual life, annuities and other  (A) (B)		(143)		(381)
Corporate		(1,462)		(2,432)
		5,077		11,009
Net investment gains		288		171
Net impairment losses recognized in earnings		-		(646)
Income before income taxes	$	5,365	$	10,534

(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)For the three months ended March 31, 2020 and 2019, the Individual life, annuities and other segment includes $188,000 and $205,000, respectively, of amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies.