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Statutory
12 Months Ended
Dec. 31, 2015
Statutory [Abstract]  
Statutory
Note P - Statutory

Net income of the insurance subsidiaries, all of which are wholly owned, as determined in accordance with statutory accounting practices, was $25,627, $27,143 and $30,886 for 2015, 2014 and 2013, respectively.  Consolidated statutory capital and surplus for these subsidiaries was $390,823 and $398,762 at December 31, 2015 and 2014, respectively, of which $62,539 may be transferred by dividend or loan to the parent company during calendar year 2016 with proper notification to, but without approval from, regulatory authorities.  An additional $239,249 of shareholders' equity of such insurance subsidiaries could, under existing regulations, be advanced or loaned to the parent company with prior notification to and approval from regulatory authorities, although it is unlikely that transfers of this size would be practical.
State regulatory authorities prescribe calculations of the minimum amount of statutory capital and surplus necessary for each insurance company to remain authorized.  These computations are referred to as Risk Based Capital ("RBC") requirements and are based on a number of complex factors taking into consideration the quality and nature of assets, the historical adequacy of recorded liabilities and the specific nature of business conducted. At December 31, 2015 the minimum statutory capital and surplus requirements of the insurance subsidiaries was $87,688.  Actual consolidated statutory capital and surplus at December 31, 2015 exceeded this requirement by $303,135, which equals to 346% of minimum RBC.