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Investments (Tables)
6 Months Ended
Jun. 30, 2015
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 84.8% of total cash, cash equivalents and investments at June 30, 2015.
 
June 30, 2015
 
December 31, 2014
 
Carrying
Value
 
% of Total
Carrying Value
 
Carrying
Value
 
% of Total
Carrying Value
 
($ In thousands)
Fixed maturity securities
$
966,693

 
84.8
%
 
$
932,159

 
83.6
%
Equity securities
69,809

 
6.1
%
 
69,879

 
6.3
%
Mortgage loans
610

 
0.1
%
 
628

 
0.1
%
Policy loans
56,652

 
5.0
%
 
54,032

 
4.8
%
Real estate and other long-term investments
8,120

 
0.7
%
 
8,266

 
0.7
%
Cash and cash equivalents
37,820

 
3.3
%
 
50,708

 
4.5
%
Total cash, cash equivalents and investments
$
1,139,704

 
100.0
%
 
$
1,115,672

 
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.
 
June 30, 2015
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities
$
10,026

 
2,694

 

 
12,720

U.S. Government-sponsored enterprises
36,589

 
1,461

 

 
38,050

States and political subdivisions
440,526

 
15,741

 
3,854

 
452,413

Foreign governments
104

 
28

 

 
132

Corporate
212,342

 
13,343

 
1,809

 
223,876

Commercial mortgage-backed
183

 
7

 

 
190

Residential mortgage-backed
2,885

 
243

 
2

 
3,126

Total available-for-sale securities
702,655

 
33,517

 
5,665

 
730,507

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,013

 
149

 

 
2,162

States and political subdivisions
207,346

 
6,336

 
1,096

 
212,586

Corporate
26,827

 
739

 
625

 
26,941

Total held-to-maturity securities
236,186

 
7,224

 
1,721

 
241,689

Total fixed maturities
$
938,841

 
40,741

 
7,386

 
972,196

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
16,007

 
1,715

 
133

 
17,589

Bond mutual funds
51,576

 
2

 
1,243

 
50,335

Common stock
65

 

 
16

 
49

Preferred stock
1,594

 
244

 
2

 
1,836

Total equity securities
$
69,242

 
1,961

 
1,394

 
69,809


 
December 31, 2014
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
U.S. Treasury securities
$
10,056

 
2,924

 

 
12,980

U.S. Government-sponsored enterprises
38,312

 
1,937

 

 
40,249

States and political subdivisions
404,657

 
19,146

 
1,448

 
422,355

Foreign governments
104

 
31

 

 
135

Corporate
211,410

 
17,441

 
1,024

 
227,827

Commercial mortgage-backed
223

 
8

 

 
231

Residential mortgage-backed
3,204

 
249

 
3

 
3,450

Total available-for-sale securities
667,966

 
41,736

 
2,475

 
707,227

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,017

 
178

 

 
2,195

States and political subdivisions
192,875

 
7,782

 
388

 
200,269

Corporate
30,040

 
947

 
560

 
30,427

Total held-to-maturity securities
224,932

 
8,907

 
948

 
232,891

Total fixed maturity securities
$
892,898

 
50,643

 
3,423

 
940,118

Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
16,005

 
1,657

 
66

 
17,596

Bond mutual funds
50,976

 
60

 
796

 
50,240

Common stock
65

 

 
14

 
51

Preferred stock
1,741

 
253

 
2

 
1,992

Total equity securities
$
68,787

 
1,970

 
878

 
69,879

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.
 
June 30, 2015
 
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:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
States and political subdivisions
$
139,803

 
1,956

 
98

 
19,524

 
1,898

 
10

 
159,327

 
3,854

 
108

Corporate
45,000

 
1,644

 
26

 
3,670

 
165

 
2

 
48,670

 
1,809

 
28

Residential mortgage-backed
2

 

 
1

 
141

 
2

 
3

 
143

 
2

 
4

Total available-for-sale securities
184,805

 
3,600

 
125

 
23,335

 
2,065

 
15

 
208,140

 
5,665

 
140

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
53,064

 
963

 
37

 
7,582

 
133

 
7

 
60,646

 
1,096

 
44

Corporate
3,225

 
254

 
2

 
5,190

 
371

 
2

 
8,415

 
625

 
4

Total held-to-maturity securities
56,289

 
1,217

 
39

 
12,772

 
504

 
9

 
69,061

 
1,721

 
48

Total fixed maturities
$
241,094

 
4,817

 
164

 
36,107

 
2,569

 
24

 
277,201

 
7,386

 
188

Equity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Stock mutual funds
$
5,409

 
133

 
4

 

 

 

 
5,409

 
133

 
4

Bond mutual funds
50,070

 
1,243

 
6

 

 

 

 
50,070

 
1,243

 
6

Common stocks
46

 
1

 
2

 
2

 
15

 
9

 
48

 
16

 
11

   Preferred stocks
75

 
2

 
2

 

 

 

 
75

 
2

 
2

Total equities
$
55,600

 
1,379

 
14

 
2

 
15

 
9

 
55,602

 
1,394

 
23


As of June 30, 2015, the Company had 15 available-for-sale fixed maturity securities and 9 held-to-maturity fixed maturity securities that were in an unrealized loss position for greater than 12 months. We reported 9 common stock holding in an unrealized loss position for greater than 12 months as of June 30, 2015.

 
December 31, 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:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
States and political subdivisions
$
43,776

 
318

 
47

 
33,716

 
1,130

 
24

 
77,492

 
1,448

 
71

Corporate
26,671

 
780

 
24

 
2,530

 
244

 
2

 
29,201

 
1,024

 
26

Residential mortgage-backed
159

 
2

 
5

 
33

 
1

 
1

 
192

 
3

 
6

Total available-for-sale securities
70,606

 
1,100

 
76

 
36,279

 
1,375

 
27

 
106,885

 
2,475

 
103

Held-to-maturity securities:
 

 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
21,233

 
74

 
16

 
15,429

 
314

 
21

 
36,662

 
388

 
37

Corporate
3,866

 
285

 
4

 
2,746

 
275

 
2

 
6,612

 
560

 
6

Total held-to-maturity securities
25,099

 
359

 
20

 
18,175

 
589

 
23

 
43,274

 
948

 
43

Total fixed maturities
$
95,705

 
1,459

 
96

 
54,454

 
1,964

 
50

 
150,159

 
3,423

 
146

Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock mutual funds
$
5,224

 
66

 
4

 

 

 

 
5,224

 
66

 
4

Bond mutual funds
26,228

 
796

 
4

 

 

 

 
26,228

 
796

 
4

Preferred stocks
234

 
2

 
4

 

 

 

 
234

 
2

 
4

Common stock
46

 
1

 
2

 
4

 
13

 
9

 
50

 
14

 
11

Total equities
$
31,732

 
865

 
14

 
4

 
13

 
9

 
31,736

 
878

 
23

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 from sales of securities for the three and six months ended June 30, 2015 and 2014 are summarized as follows.

 
Fixed Maturities Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Proceeds
$

 
580

 

 
580

 

 
11,105

 

 
11,105

Gross realized gains
$

 
21

 

 
21

 

 
63

 

 
63

Gross realized losses
$

 

 

 

 

 
169

 

 
169

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 from sales of securities for the three and six months ended June 30, 2015 and 2014 are summarized as follows.

 
Fixed Maturities Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Proceeds
$

 
580

 

 
580

 

 
11,105

 

 
11,105

Gross realized gains
$

 
21

 

 
21

 

 
63

 

 
63

Gross realized losses
$

 

 

 

 

 
169

 

 
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 June 30, 2015 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.
 
June 30, 2015
 
Amortized
Cost
 
Fair
Value
 
(In thousands)
Available-for-sale securities:
 
 
 
Due in one year or less
$
37,022

 
37,470

Due after one year through five years
124,548

 
130,746

Due after five years through ten years
98,026

 
102,870

Due after ten years
443,059

 
459,421

Total available-for-sale securities
702,655

 
730,507

Held-to-maturity securities:
 

 
 

Due in one year or less
12,549

 
12,599

Due after one year through five years
33,016

 
34,625

Due after five years through ten years
49,514

 
51,249

Due after ten years
141,107

 
143,216

Total held-to-maturity securities
236,186

 
241,689

Total fixed maturities
$
938,841

 
972,196