Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2016

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.

	2016							2015
	Gross Premiums Written		Net Premiums Earned		Segment Underwriting Gain (Loss)			Gross Premiums Written		Net Premiums Earned		Segment Underwriting Gain
Three months ended September 30:
Property and Casualty Insurance	$	100,467	$	68,828	$	2,009		$	92,584	$	60,837	$	10,446
Reinsurance		1,454		2,407		(6,854	)		3,368		4,608		86
Totals	$	101,921	$	71,235	$	(4,845	)	$	95,952	$	65,445	$	10,532
Nine months ended September 30:
Property and Casualty Insurance	$	291,929	$	197,970	$	15,281		$	272,260	$	180,152	$	18,678
Reinsurance		6,191		8,900		(7,680	)		13,467		17,188		1,099
Totals	$	298,120	$	206,870	$	7,601		$	285,727	$	197,340	$	19,777

Reconciles reportable segment underwriting gain (loss)

The following table reconciles reportable segment underwriting gain (loss) to income before federal income taxes included in the Company's consolidated statements of income for the three and nine months ended September 30, 2016.

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2016			2015			2016		2015
Profit:
Segment underwriting gain (loss)	$	(4,845	)	$	10,532		$	7,601	$	19,777
Net investment income		3,513			3,014			10,501		8,727
Net realized gains (losses) on investments		7,732			(2,086	)		17,024		491
Corporate expenses and other		(765	)		150			862		336
Income before federal income taxes	$	5,635		$	11,610		$	35,988	$	29,331