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Investments (Tables)
3 Months Ended
Mar. 31, 2016
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 88.3% of total cash, cash equivalents and investments at March 31, 2016.
 
March 31, 2016
 
December 31, 2015
 
Carrying
Value
 
% of Total
Carrying Value
 
Carrying
Value
 
% of Total
Carrying Value
 
($ In thousands)
Fixed maturity securities
$
1,059,265

 
88.3

 
$
995,601

 
85.0

Equity securities
23,548

 
2.0

 
23,438

 
2.0

Mortgage loans
587

 

 
594

 
0.1

Policy loans
62,011

 
5.2

 
60,166

 
5.1

Real estate and other long-term investments
7,988

 
0.7

 
8,031

 
0.7

Short-term investments

 

 
251

 

Cash and cash equivalents
45,355

 
3.8

 
82,827

 
7.1

Total cash, cash equivalents and investments
$
1,198,754

 
100.0

 
$
1,170,908

 
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.
 
March 31, 2016
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,979

 
2,975

 

 
12,954

U.S. Government-sponsored enterprises
19,551

 
1,217

 

 
20,768

States and political subdivisions
513,752

 
22,792

 
2,233

 
534,311

Foreign governments
103

 
29

 

 
132

Corporate
223,005

 
13,171

 
3,481

 
232,695

Commercial mortgage-backed
118

 
5

 

 
123

Residential mortgage-backed
2,536

 
212

 
2

 
2,746

Total available-for-sale securities
769,044

 
40,401

 
5,716

 
803,729

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,008

 
101

 

 
2,109

States and political subdivisions
232,394

 
10,092

 
343

 
242,143

Corporate
21,134

 
1,137

 
1,337

 
20,934

Total held-to-maturity securities
255,536

 
11,330

 
1,680

 
265,186

Total fixed maturities
$
1,024,580

 
51,731

 
7,396

 
1,068,915

 
 
 
 
 
 
 
 
Short-term investments
$

 

 

 

 
 
 
 
 
 
 
 
Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
3,270

 

 
195

 
3,075

Bond mutual funds
18,798

 
92

 
315

 
18,575

Common stock
65

 
3

 
25

 
43

Preferred stock
1,594

 
262

 
1

 
1,855

Total equity securities
$
23,727

 
357

 
536

 
23,548


 
December 31, 2015
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,995

 
2,597

 

 
12,592

U.S. Government-sponsored enterprises
19,676

 
1,104

 

 
20,780

States and political subdivisions
470,319

 
15,815

 
3,085

 
483,049

Foreign governments
104

 
27

 

 
131

Corporate
211,245

 
9,683

 
4,847

 
216,081

Commercial mortgage-backed
140

 
5

 

 
145

Residential mortgage-backed
2,658

 
214

 
2

 
2,870

Total available-for-sale securities
714,137

 
29,445

 
7,934

 
735,648

Held-to-maturity securities:
 

 
 

 
 

 
 

U.S. Government-sponsored enterprises
2,010

 
110

 

 
2,120

States and political subdivisions
236,776

 
6,756

 
883

 
242,649

Corporate
21,167

 
530

 
1,500

 
20,197

Total held-to-maturity securities
259,953

 
7,396

 
2,383

 
264,966

Total fixed maturity securities
$
974,090

 
36,841

 
10,317

 
1,000,614

 
 
 
 
 
 
 
 
Short-term investments
$
251

 

 

 
251

 
 
 
 
 
 
 
 
Equity securities:
 

 
 

 
 

 
 

Stock mutual funds
$
3,270

 

 
237

 
3,033

Bond mutual funds
18,798

 
55

 
349

 
18,504

Common stock
65

 

 
22

 
43

Preferred stock
1,594

 
266

 
2

 
1,858

Total equity securities
$
23,727

 
321

 
610

 
23,438

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.
 
March 31, 2016
 
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
$
52,802

 
400

 
47

 
15,061

 
1,833

 
19

 
67,863

 
2,233

 
66

Corporate
48,931

 
2,309

 
50

 
4,861

 
1,172

 
8

 
53,792

 
3,481

 
58

Residential mortgage-backed
53

 
1

 
1

 
130

 
1

 
3

 
183

 
2

 
4

Total available-for-sale securities
101,786

 
2,710

 
98

 
20,052

 
3,006

 
30

 
121,838

 
5,716

 
128

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
9,813

 
115

 
15

 
10,136

 
228

 
10

 
19,949

 
343

 
25

Corporate
1,624

 
134

 
1

 
4,682

 
1,203

 
4

 
6,306

 
1,337

 
5

Total held-to-maturity securities
11,437

 
249

 
16

 
14,818

 
1,431

 
14

 
26,255

 
1,680

 
30

Total fixed maturities
$
113,223

 
2,959

 
114

 
34,870

 
4,437

 
44

 
148,093

 
7,396

 
158

Equity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Stock mutual funds
$
3,073

 
195

 
4

 
2

 

 
1

 
3,075

 
195

 
5

Bond mutual funds
10,196

 
280

 
2

 
105

 
35

 
1

 
10,301

 
315

 
3

Common stocks

 

 

 
16

 
25

 
2

 
16

 
25

 
2

   Preferred stocks

 

 

 

 
1

 
1

 

 
1

 
1

Total equities
$
13,269

 
475

 
6

 
123

 
61

 
5

 
13,392

 
536

 
11


As of March 31, 2016, the Company had 30 available-for-sale fixed maturity securities and 14 held-to-maturity fixed maturity securities that were in an unrealized loss position for greater than 12 months. We reported 5 common stock holdings in an unrealized loss position for greater than 12 months as of March 31, 2016.

 
December 31, 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
$
136,862

 
1,474

 
129

 
12,633

 
1,611

 
12

 
149,495

 
3,085

 
141

Corporate
70,081

 
4,330

 
69

 
3,308

 
517

 
3

 
73,389

 
4,847

 
72

Residential mortgage-backed
57

 
1

 
2

 
133

 
1

 
3

 
190

 
2

 
5

Total available-for-sale securities
207,000

 
5,805

 
200

 
16,074

 
2,129

 
18

 
223,074

 
7,934

 
218

Held-to-maturity securities:
 

 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
74,628

 
774

 
59

 
2,404

 
109

 
5

 
77,032

 
883

 
64

Corporate
4,585

 
641

 
4

 
2,160

 
859

 
2

 
6,745

 
1,500

 
6

Total held-to-maturity securities
79,213

 
1,415

 
63

 
4,564

 
968

 
7

 
83,777

 
2,383

 
70

Total fixed maturities
$
286,213

 
7,220

 
263

 
20,638

 
3,097

 
25

 
306,851

 
10,317

 
288

Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock mutual funds
$
3,030

 
237

 
4

 
2

 

 
1

 
3,032

 
237

 
5

Bond mutual funds
10,158

 
318

 
2

 
108

 
31

 
1

 
10,266

 
349

 
3

Preferred stocks
101

 
1

 
1

 
1

 
1

 
1

 
102

 
2

 
2

Common stock
22

 
1

 
2

 
21

 
21

 
2

 
43

 
22

 
4

Total equities
$
13,311

 
557

 
9

 
132

 
53

 
5

 
13,443

 
610

 
14

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.  
 
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.  
 
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 March 31, 2016 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.
 
March 31, 2016
 
Amortized
Cost
 
Fair
Value
 
(In thousands)
Available-for-sale securities:
 
 
 
Due in one year or less
$
39,255

 
39,635

Due after one year through five years
114,971

 
118,508

Due after five years through ten years
107,586

 
114,389

Due after ten years
507,232

 
531,197

Total available-for-sale securities
769,044

 
803,729

Held-to-maturity securities:
 

 
 

Due in one year or less
4,377

 
4,420

Due after one year through five years
38,617

 
40,966

Due after five years through ten years
52,955

 
55,963

Due after ten years
159,587

 
163,837

Total held-to-maturity securities
255,536

 
265,186

Total fixed maturities
$
1,024,580

 
1,068,915