XML 42 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727
Reportable Segments (Tables)
6 Months Ended
Jun. 30, 2015
Reportable Segments [Abstract]  
Schedule of segment reporting information, by segment
The following table provides certain revenue and profit and loss information for each reportable segment. All amounts presented are computed based upon U.S. generally accepted accounting principles.  Segment profit for Property and Casualty Insurance includes the direct marketing agency operations conducted by the parent company for this segment and is computed after elimination of inter-company commissions.


  
2015
  
2014
 
  
Direct and Assumed Premium Written
  
Net Premium Earned
  
Segment Profit
  
Direct and Assumed Premium Written
  
Net Premium Earned
  
Segment Profit (Loss)
 
             
Three months ended June 30:
            
             
Property and Casualty Insurance
 
$
89,163
  
$
60,031
  
$
10,358
  
$
85,826
  
$
55,057
  
$
8,864
 
Reinsurance
  
3,632
   
5,418
   
413
   
9,272
   
7,848
   
(786
)
                         
Totals
 
$
92,795
  
$
65,449
  
$
10,771
  
$
95,098
  
$
62,905
  
$
8,078
 
                         
                         
Six months ended June 30:
                        
                         
Property and Casualty Insurance
 
$
179,676
  
$
119,315
  
$
16,682
  
$
168,750
  
$
106,516
  
$
14,207
 
Reinsurance
  
10,099
   
12,580
   
1,013
   
21,102
   
20,231
   
1,102
 
                         
Totals
 
$
189,775
  
$
131,895
  
$
17,695
  
$
189,852
  
$
126,747
  
$
15,309
 
Reconciliation of operating profit (loss) from segments to consolidated
The following table reconciles reportable segment income to the Company's consolidated income before federal income taxes.


  
Three Months Ended
  
Six Months Ended
 
  
June 30
  
June 30
 
  
2015
  
2014
  
2015
  
2014
 
Profit:
        
Segment profit
 
$
10,771
  
$
8,078
  
$
17,695
  
$
15,309
 
Net investment income
  
2,898
   
2,090
   
5,713
   
4,383
 
Net realized gains (losses) on investments
  
(1,166
)
  
8,089
   
2,577
   
12,159
 
Corporate expenses and other
  
(4,073
)
  
(4,220
)
  
(8,264
)
  
(8,375
)
Income before federal income taxes
 
$
8,430
  
$
14,037
  
$
17,721
  
$
23,476