Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of segment reporting information, by segment

The following table provides certain profit and loss information for each reportable segment for the years ended

December 31:

		2014		2013		2012
Direct and assumed premium written:
Property and casualty insurance		$	343,200	$	314,784	$	284,200
Reinsurance			39,188		54,692		57,086
	Totals	$	382,388	$	369,476	$	341,286

Net premium earned:
Property and casualty insurance		$	224,683	$	202,785	$	186,586
Reinsurance			36,944		49,958		50,875
	Totals	$	261,627	$	252,743	$	237,461

Underwriting gain:
Property and casualty insurance		$	32,663	$	25,558	$	23,491
Reinsurance			2,147		12,278		20,567
	Totals	$	34,810	$	37,836	$	44,058

Reconciliation of operating profit (loss) from segments to consolidated

The following table reconciles reportable segment profits to the Company’s consolidated income before federal income taxes:

		2014			2013			2012
Profit:
Underwriting gain		$	34,810		$	37,836		$	44,058
Net investment income			9,055			8,770			9,930
Net realized gains on investments			14,930			23,515			9,011
Corporate expenses			(14,397	)		(15,211	)		(16,393	)
	Income before federal income taxes	$	44,398		$	54,910		$	46,606

- 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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