Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Revenue and income (loss) before tax for each business unit

The Company's primary operating subsidiaries, American Southern Insurance Company and American Safety Insurance Company (together known as "American Southern") and Bankers Fidelity Life Insurance Company ("Bankers Fidelity") operate in two principal business units, each focusing on specific products. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each business unit is managed independently and is evaluated on its individual performance. The following sets forth the revenue and income (loss) before tax for each business unit for the three month and six month periods ended June 30, 2012 and 2011.

Revenues	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
American Southern	$	10,887	$	10,906	$	22,151	$	21,482
Bankers Fidelity		23,857		17,960		46,938		35,293
Corporate and Other		209		207		415		353
Total revenue	$	34,953	$	29,073	$	69,504	$	57,128

Income (loss) before income taxes	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
American Southern	$	1,045		$	1,189		$	1,760		$	2,517
Bankers Fidelity		1,159			548			3,775			1,433
Corporate and Other		(1,350	)		(1,405	)		(2,961	)		(2,990	)
Income before income taxes	$	854		$	332		$	2,574		$	960

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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