Segment Information

9 Months Ended

Sep. 30, 2015

Segment Reporting Information, Operating Income (Loss) [Abstract]

Segment Information

Segment Information

The Company has three reportable segments:  Life Insurance, Home Service Insurance, and Other Non-Insurance Enterprises.  The accounting policies of the segments are in accordance with U.S. GAAP and are the same as those used in the preparation of the consolidated financial statements.  The Company evaluates profit and loss performance based on U.S. GAAP income before federal income taxes for its three reportable segments.

The Company has no reportable differences between segments and consolidated operations.

	Three Months Ended
	September 30, 2015
	Life Insurance			Home Service Insurance			Other Non-Insurance Enterprises			Consolidated
	(In thousands)
Revenues:
Premiums	$	37,213		11,695			—			48,908
Net investment income	7,512			3,436			377			11,325
Realized investment losses, net	(1,901		)	(506		)	—			(2,407		)
Other income	217			8			73			298
Total revenue	43,041			14,633			450			58,124
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	13,727			5,801			—			19,528
Increase in future policy benefit reserves	18,337			939			—			19,276
Policyholders' dividends	2,708			11			—			2,719
Total insurance benefits paid or provided	34,772			6,751			—			41,523
Commissions	7,609			3,779			—			11,388
Other general expenses	3,026			3,391			541			6,958
Capitalization of deferred policy acquisition costs	(7,050		)	(1,432		)	—			(8,482		)
Amortization of deferred policy acquisition costs	5,359			912			—			6,271
Amortization of cost of customer relationships acquired	171			434			—			605
Total benefits and expenses	43,887			13,835			541			58,263
Income (loss) before income tax expense	$	(846	)	$	798		$	(91	)	$	(139	)

	Nine Months Ended
	September 30, 2015
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	106,899		35,035		—		141,934
Net investment income	22,130			10,341		1,124		33,595
Realized investment losses, net	(1,959		)	(527	)	—		(2,486	)
Other income	591			78		351		1,020
Total revenue	127,661			44,927		1,475		174,063
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	40,752			17,419		—		58,171
Increase in future policy benefit reserves	52,964			3,370		—		56,334
Policyholders' dividends	7,530			38		—		7,568
Total insurance benefits paid or provided	101,246			20,827		—		122,073
Commissions	20,450			11,602		—		32,052
Other general expenses	11,057			11,680		2,217		24,954
Capitalization of deferred policy acquisition costs	(18,816		)	(4,558	)	—		(23,374	)
Amortization of deferred policy acquisition costs	14,849			2,368		—		17,217
Amortization of cost of customer relationships acquired	493			1,275		—		1,768
Total benefits and expenses	129,279			43,194		2,217		174,690
Income (loss) before income tax expense	$	(1,618	)	1,733		(742	)	(627	)

	Three Months Ended
	September 30, 2014
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises	Consolidated
	(In thousands)
Revenues:
Premiums	$	35,359		11,564		—	46,923
Net investment income	6,660			3,389		335	10,384
Realized investment losses, net	(159		)	(63	)	—	(222	)
Other income	130			3		12	145
Total revenue	41,990			14,893		347	57,230
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	12,205			5,121		—	17,326
Increase in future policy benefit reserves	18,314			993		—	19,307
Policyholders' dividends	2,560			13		—	2,573
Total insurance benefits paid or provided	33,079			6,127		—	39,206
Commissions	7,351			3,765		—	11,116
Other general expenses	2,464			3,227		338	6,029
Capitalization of deferred policy acquisition costs	(6,708		)	(1,418	)	—	(8,126	)
Amortization of deferred policy acquisition costs	4,449			827		—	5,276
Amortization of cost of customer relationships acquired	163			290		—	453
Total benefits and expenses	40,798			12,818		338	53,954
Income before income tax expense	$	1,192		2,075		9	3,276

	Nine Months Ended
	September 30, 2014
	Life Insurance			Home Service Insurance		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	101,739		34,526		—		136,265
Net investment income	19,409			9,958		1,006		30,373
Realized investment gains (losses), net	(271		)	(81	)	1		(351	)
Other income	406			7		64		477
Total revenue	121,283			44,410		1,071		166,764
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	34,183			16,268		—		50,451
Increase in future policy benefit reserves	54,139			2,845		—		56,984
Policyholders' dividends	7,043			44		—		7,087
Total insurance benefits paid or provided	95,365			19,157		—		114,522
Commissions	20,073			11,356		—		31,429
Other general expenses	8,269			9,895		1,815		19,979
Capitalization of deferred policy acquisition costs	(18,215		)	(4,402	)	—		(22,617	)
Amortization of deferred policy acquisition costs	13,061			2,317		—		15,378
Amortization of cost of customer relationships acquired	454			1,144		—		1,598
Total benefits and expenses	119,007			39,467		1,815		160,289
Income (loss) before income tax expense	$	2,276		4,943		(744	)	6,475