Note 8 - Other Assets

3 Months Ended

Mar. 31, 2020

The following table shows the components of other assets as of the dates indicated:



(In thousands)	March 31, 2020		December 31, 2019
Prepaid federal income taxes (Note 9)	$	134,800	$	134,800
Company-owned life insurance	104,141		105,721
Internal-use software (net of accumulated amortization of $74,601 and $73,498)	59,790		58,356
Loaned securities (Note 5)	47,520		66,442
Right-of-use assets	35,837		37,866
Accrued investment income	32,559		32,333
Property and equipment (net of accumulated depreciation of $67,008 and $68,436)	28,125		29,523
Deferred policy acquisition costs	20,855		20,759
Reinsurance recoverables	17,722		16,976
Unbilled receivables	5,130		13,772
Assets held for sale (1)	—		24,908
Other	26,708		26,163
Total other assets	$	513,187	$	567,619

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(1)

Related to the sale of Clayton. See Note 4 and 7 of Notes to Consolidated Financial Statements in our 2019 Form 10-K for additional information on assets held for sale. Liabilities held for sale at December 31, 2019 are included in other liabilities on our condensed consolidated balance sheets.