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Reportable Segments (Tables)
9 Months Ended
Sep. 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 September 30:
            
             
Property and Casualty Insurance
 
$
92,584
  
$
60,837
  
$
14,513
  
$
84,644
  
$
57,097
  
$
9,520
 
Reinsurance
  
3,368
   
4,608
   
86
   
9,947
   
8,850
   
(906
)
                         
Totals
 
$
95,952
  
$
65,445
  
$
14,599
  
$
94,591
  
$
65,947
  
$
8,614
 
                         
                         
Nine months ended September 30:
                        
                         
Property and Casualty Insurance
 
$
272,260
  
$
180,152
  
$
31,195
  
$
253,394
  
$
163,613
  
$
23,726
 
Reinsurance
  
13,467
   
17,188
   
1,099
   
31,049
   
29,081
   
196
 
                         
Totals
 
$
285,727
  
$
197,340
  
$
32,294
  
$
284,443
  
$
192,694
  
$
23,922
 
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
  
Nine Months Ended
 
  
September 30
  
September 30
 
  
2015
  
2014
  
2015
  
2014
 
Profit:
        
Segment profit
 
$
14,599
  
$
8,614
  
$
32,294
  
$
23,922
 
Net investment income
  
3,014
   
2,073
   
8,727
   
6,456
 
Net realized gains (losses) on investments
  
(2,086
)
  
658
   
491
   
12,817
 
Corporate expenses and other
  
(3,917
)
  
(2,797
)
  
(12,181
)
  
(11,171
)
Income before federal income taxes
 
$
11,610
  
$
8,548
  
$
29,331
  
$
32,024