Segment Reporting Disclosure [Text Block]

6 Months Ended

Jun. 30, 2020

Notes

Segment Reporting Disclosure

Note 14.Segment Reporting 

The Insurance Group principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance.  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,
		2020		2019		2020		2019
Revenues:
Specialty Health	$	51,179	$	47,743	$	100,185	$	101,182
Group disability, life, DBL and PFL		54,324		42,914		108,242		83,043
Individual life, annuities and other (A)		490		406		808		826
Corporate		737		2,604		1,204		3,273
		106,730		93,667		210,439		188,324
Net investment gains		575		1,455		863		1,626
Net impairment losses recognized in earnings		-		-		-		(646)
Total revenues	$	107,305	$	95,122	$	211,302	$	189,304
Income before income taxes
Specialty Health (C)	$	(3,876)	$	2,823	$	(3,724)	$	12,481
Group disability, life, DBL and PFL		6,253		5,038		12,783		9,202
Individual life, annuities and other  (A) (B)		(139)		(101)		(282)		(482)
Corporate		(2,076)		(709)		(3,538)		(3,141)
		162		7,051		5,239		18,060
Net investment gains		575		1,455		863		1,626
Net impairment losses recognized in earnings		-		-		-		(646)
Income before income taxes	$	737	$	8,506	$	6,102	$	19,040

(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 Individual life, annuities and other segment includes amortization of deferred charges in connection with the assumptions of certain ceded life and annuity policies of $176,000 and $197,000, for the three months ended June 30, 2020 and 2019, respectively, and $364,000 and $402,000, for the six months ended June 30, 2020 and 2019, respectively. 

(C)The Specialty Health segment includes a charge of $3,660,000 for both the three months and six months ended June 30, 2020 related to the MCE as described in Note 13.