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Investments (Tables)
9 Months Ended
Sep. 30, 2014
Investments Including Short Term And Cash And Cash Equivalents [Abstract]  
Investments Including Short Term And Cash And Cash Equivalents [Table Text Block]
The Company invests primarily in fixed maturity securities, which totaled 84.0% of total cash, cash equivalents and investments at September 30, 2014.
 
September 30, 2014
 
December 31, 2013
 
Carrying
Value
 
% of Total
Carrying Value
 
Carrying
Value
 
% of Total
Carrying Value
 
($ In thousands)
Fixed maturity securities
$
911,888

 
84.0
%
 
$
832,952

 
83.9
%
Equity securities
55,643

 
5.1
%
 
47,259

 
4.8
%
Mortgage loans
641

 
0.1
%
 
671

 
0.1
%
Policy loans
52,575

 
4.8
%
 
48,868

 
4.8
%
Real estate and other long-term investments
8,310

 
0.8
%
 
8,485

 
0.9
%
Cash and cash equivalents
56,986

 
5.2
%
 
54,593

 
5.5
%
Total cash, cash equivalents and investments
$
1,086,043

 
100.0
%
 
$
992,828

 
100.0
%
Unrealized Gain (Loss) on Investments [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
The following tables represent the cost, gross unrealized gains and losses and fair value for fixed maturities and equity securities as of the periods indicated.
 
September 30, 2014
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities
$
10,071

 
2,656

 

 
12,727

U.S. Government-sponsored enterprises
38,539

 
1,817

 
1

 
40,355

States and political subdivisions
384,239

 
15,344

 
2,422

 
397,161

Foreign governments
104

 
29

 

 
133

Corporate
210,715

 
17,063

 
417

 
227,361

Commercial mortgage-backed
243

 
8

 

 
251

Residential mortgage-backed
3,346

 
260

 
3

 
3,603

Total available-for-sale securities
647,257

 
37,177

 
2,843

 
681,591

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
5,783

 
212

 

 
5,995

States and political subdivisions
189,125

 
6,072

 
1,098

 
194,099

Corporate
35,389

 
924

 
242

 
36,071

Total held-to-maturity securities
230,297

 
7,208

 
1,340

 
236,165

Total fixed maturities
$
877,554

 
44,385

 
4,183

 
917,756

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
15,738

 
1,801

 
30

 
17,509

Bond mutual funds
35,704

 

 
280

 
35,424

Common stock
723

 
21

 
11

 
733

Preferred stock
1,741

 
236

 

 
1,977

Total equity securities
$
53,906

 
2,058

 
321

 
55,643


 
December 31, 2013
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
U.S. Treasury securities
$
10,115

 
2,348

 

 
12,463

U.S. Government-sponsored enterprises
53,587

 
1,209

 
228

 
54,568

States and political subdivisions
341,673

 
6,242

 
11,449

 
336,466

Foreign governments
104

 
23

 

 
127

Corporate
186,671

 
12,289

 
1,399

 
197,561

Commercial mortgage-backed
300

 
9

 

 
309

Residential mortgage-backed
3,494

 
270

 
2

 
3,762

Total available-for-sale securities
595,944

 
22,390

 
13,078

 
605,256

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
8,877

 
197

 
3

 
9,071

States and political subdivisions
181,246

 
1,633

 
6,412

 
176,467

Corporate
37,573

 
771

 
349

 
37,995

Total held-to-maturity securities
227,696

 
2,601

 
6,764

 
223,533

Total fixed maturity securities
$
823,640

 
24,991

 
19,842

 
828,789

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
10,463

 
1,506

 

 
11,969

Bond mutual funds
35,080

 

 
417

 
34,663

Common stock
17

 

 
5

 
12

Preferred stock
323

 
292

 

 
615

Total equity securities
$
45,883

 
1,798

 
422

 
47,259

Unrealized Continuous Losses on Investments [Abstract]  
Schedule of Unrealized Loss on Investments [Table Text Block]
The following tables present the fair values and gross unrealized losses of fixed maturities and equity securities that have remained in a continuous unrealized loss position for the periods indicated.
 
September 30, 2014
 
Less than 12 months
 
Greater than 12 months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
(In thousands, except for # of securities)
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises
$
159

 
1

 
1

 

 

 

 
159

 
1

 
1

States and political subdivisions
46,146

 
508

 
50

 
58,380

 
1,914

 
50

 
104,526

 
2,422

 
100

Corporate
22,950

 
324

 
21

 
2,681

 
93

 
2

 
25,631

 
417

 
23

Residential mortgage-backed
169

 
2

 
7

 
82

 
1

 
2

 
251

 
3

 
9

Total available-for-sale securities
69,424

 
835

 
79

 
61,143

 
2,008

 
54

 
130,567

 
2,843

 
133

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
14,143

 
93

 
13

 
43,699

 
1,005

 
45

 
57,842

 
1,098

 
58

Corporate
2,368

 
178

 
2

 
2,958

 
64

 
2

 
5,326

 
242

 
4

Total held-to-maturity securities
16,511

 
271

 
15

 
46,657

 
1,069

 
47

 
63,168

 
1,340

 
62

Total fixed maturities
$
85,935

 
1,106

 
94

 
107,800

 
3,077

 
101

 
193,735

 
4,183

 
195

Equity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 Stock mutual funds
$
1,970

 
30

 
2

 

 

 

 
1,970

 
30

 
2

Bond mutual funds
15,720

 
280

 
2

 

 

 

 
15,720

 
280

 
2

Common stocks

 

 

 
6

 
11

 
1

 
6

 
11

 
1

  Preferred stocks

 

 

 

 

 

 

 

 

Total equities
$
17,690

 
310

 
4

 
6

 
11

 
1

 
17,696

 
321

 
5


As of September 30, 2014, the Company had 54 available-for-sale securities and 47 held-to-maturity securities that were in an unrealized loss position for greater than 12 months. We reported 1 common stock holding in an unrealized loss position for greater than 12 months as of September 30, 2014.

 
December 31, 2013
 
Less than 12 months
 
Greater than 12 months
 
Total
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
Fair
Value
 
Unrealized
Losses
 
# of
Securities
 
(In thousands, except for # of securities)
Fixed maturities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Government-sponsored enterprises
$
14,032

 
228

 
12

 

 

 

 
14,032

 
228

 
12

States and political subdivisions
183,280

 
9,872

 
203

 
15,673

 
1,577

 
16

 
198,953

 
11,449

 
219

Corporate
35,789

 
1,048

 
25

 
2,426

 
351

 
2

 
38,215

 
1,399

 
27

Residential mortgage-backed
57

 
1

 
3

 
42

 
1

 
1

 
99

 
2

 
4

Total available-for-sale securities
233,158

 
11,149

 
243

 
18,141

 
1,929

 
19

 
251,299

 
13,078

 
262

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,997

 
3

 
1

 

 

 

 
2,997

 
3

 
1

States and political subdivisions
100,153

 
5,236

 
118

 
14,797

 
1,176

 
17

 
114,950

 
6,412

 
135

Corporate
5,225

 
349

 
4

 

 

 

 
5,225

 
349

 
4

Total held-to-maturity securities
108,375

 
5,588

 
123

 
14,797

 
1,176

 
17

 
123,172

 
6,764

 
140

Total fixed maturities
$
341,533

 
16,737

 
366

 
32,938

 
3,105

 
36

 
374,471

 
19,842

 
402

Equity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Bond mutual funds
$
34,663

 
417

 
7

 

 

 

 
34,663

 
417

 
7

Common stock
12

 
5

 
1

 

 

 

 
12

 
5

 
1

Total equities
$
34,675

 
422

 
8

 

 

 

 
34,675

 
422

 
8

Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]  
Schedule of Realized Gain (Loss) [Table Text Block]
The Company uses the specific identification method of the individual security to determine the cost basis used in the calculation of realized gains and losses related to security sales.  Proceeds and gross realized gains and losses from sales of securities for the three and nine months ended September 30, 2014 and 2013 are summarized as follows.
 
Fixed Maturities Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Proceeds
$
100

 
259

 
680

 
317

 
3,924

 

 
15,029

 

Gross realized gains
$
5

 
7

 
26

 
8

 
55

 

 
118

 

Gross realized losses
$

 
1

 

 
1

 

 

 
169

 

Schedule of Fixed Maturities [Abstract]  
Investments Classified by Contractual Maturity Date [Table Text Block]
The amortized cost and fair value of fixed maturity securities at September 30, 2014 by contractual maturity are shown in the table below.  Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date have been reflected based upon final stated maturity.
 
September 30, 2014
 
Amortized
Cost
 
Fair
Value
 
(In thousands)
Available-for-sale securities:
 
 
 
Due in one year or less
$
35,959

 
36,529

Due after one year through five years
112,116

 
118,976

Due after five years through ten years
92,456

 
97,519

Due after ten years
406,726

 
428,567

Total available-for-sale securities
647,257

 
681,591

Held-to-maturity securities:
 

 
 

Due in one year or less
18,069

 
18,198

Due after one year through five years
24,252

 
24,927

Due after five years through ten years
56,641

 
58,762

Due after ten years
131,335

 
134,278

Total held-to-maturity securities
230,297

 
236,165

Total fixed maturities
$
877,554

 
917,756