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Investments (Tables)
3 Months Ended
Mar. 31, 2018
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 89.7% of total cash, cash equivalents and investments at March 31, 2018. The Company's cash, cash equivalents and investments are listed below.
 
March 31, 2018
 
December 31, 2017
 
Carrying
Value
 
% of Total
Carrying Value
 
Carrying
Value
 
% of Total
Carrying Value
 
(In thousands)
 
 
 
(In thousands)
 
 
Fixed maturity securities
$
1,211,800

 
89.7

 
$
1,208,570

 
89.3

Equity securities
15,449

 
1.1

 
16,164

 
1.2

Mortgage loans
193

 

 
195

 

Policy loans
75,636

 
5.6

 
73,735

 
5.5

Real estate and other long-term investments
7,369

 
0.5

 
7,452

 
0.6

Cash and cash equivalents
41,247

 
3.1

 
46,064

 
3.4

Total cash, cash equivalents and investments
$
1,351,694

 
100.0

 
$
1,352,180

 
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 as of the periods indicated.
 
March 31, 2018
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,842

 
1,651

 

 
11,493

U.S. Government-sponsored enterprises
3,565

 
807

 

 
4,372

States and political subdivisions
558,513

 
13,977

 
2,810

 
569,680

Foreign governments
103

 
18

 

 
121

Corporate
386,664

 
12,069

 
5,019

 
393,714

Residential mortgage-backed
1,616

 
102

 
3

 
1,715

Total available-for-sale securities
960,303

 
28,624

 
7,832

 
981,095

Held-to-maturity securities:
 

 
 

 
 

 
 

States and political subdivisions
210,623

 
5,759

 
722

 
215,660

Corporate
20,082

 
680

 
595

 
20,167

Total held-to-maturity securities
230,705

 
6,439

 
1,317

 
235,827

Total fixed maturities
$
1,191,008

 
35,063

 
9,149

 
1,216,922


 
December 31, 2017
 
Cost or
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
(In thousands)
Fixed maturities:
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
U.S. Treasury securities
$
9,860

 
1,948

 

 
11,808

U.S. Government-sponsored enterprises
3,570

 
926

 

 
4,496

States and political subdivisions
550,536

 
18,507

 
1,540

 
567,503

Foreign governments
103

 
18

 

 
121

Corporate
370,043

 
20,212

 
1,552

 
388,703

Residential mortgage-backed
1,865

 
118

 
5

 
1,978

Total available-for-sale securities
935,977

 
41,729

 
3,097

 
974,609

Held-to-maturity securities:
 

 
 

 
 

 
 

States and political subdivisions
213,054

 
7,585

 
629

 
220,010

Corporate
20,907

 
1,118

 
658

 
21,367

Total held-to-maturity securities
233,961

 
8,703

 
1,287

 
241,377

Total fixed maturity securities
$
1,169,938

 
50,432

 
4,384

 
1,215,986

Marketable Securities, Equity Securities [Abstract]  
Schedule of Equity Securities [Table Text Block]
The majority of the Company's equity securities are diversified stock and bond mutual funds.
 
 
March 31, 2018
 
December 31, 2017
 
Fair Value
 
Fair Value
 
(In thousands)
Equity securities:
 
 
 
Stock mutual funds
$
3,117

 
3,217

Bond mutual funds
12,167

 
12,367

Common stock
21

 
24

Preferred stock
144

 
556

Total equity securities
$
15,449

 
16,164

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 maturity securities that have remained in a continuous unrealized loss position for the periods indicated.
 
March 31, 2018
 
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
$
152,198

 
1,298

 
140

 
44,902

 
1,512

 
41

 
197,100

 
2,810

 
181

Corporate
170,388

 
4,160

 
115

 
7,340

 
859

 
7

 
177,728

 
5,019

 
122

Residential mortgage-backed

 

 
2

 
154

 
3

 
4

 
154

 
3

 
6

Total available-for-sale securities
322,586

 
5,458

 
257

 
52,396

 
2,374

 
52

 
374,982

 
7,832

 
309

Held-to-maturity securities:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
23,109

 
153

 
24

 
8,905

 
569

 
16

 
32,014

 
722

 
40

Corporate

 

 

 
2,225

 
595

 
2

 
2,225

 
595

 
2

Total held-to-maturity securities
23,109

 
153

 
24

 
11,130

 
1,164

 
18

 
34,239

 
1,317

 
42

Total fixed maturities
$
345,695

 
5,611

 
281

 
63,526

 
3,538

 
70

 
409,221

 
9,149

 
351


As of March 31, 2018, the Company had 52 available-for-sale fixed maturity securities and 18 held-to-maturity fixed maturity securities that were in an unrealized loss position for greater than 12 months.

 
December 31, 2017
 
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
$
49,408

 
312

 
46

 
47,233

 
1,228

 
46

 
96,641

 
1,540

 
92

Corporate
61,071

 
732

 
39

 
7,651

 
820

 
10

 
68,722

 
1,552

 
49

Residential mortgage-backed
132

 
3

 
4

 
157

 
2

 
4

 
289

 
5

 
8

Total available-for-sale securities
110,611

 
1,047

 
89

 
55,041

 
2,050

 
60

 
165,652

 
3,097

 
149

Held-to-maturity securities:
 

 
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

States and political subdivisions
14,178

 
45

 
15

 
7,460

 
584

 
14

 
21,638

 
629

 
29

Corporate

 

 

 
2,169

 
658

 
2

 
2,169

 
658

 
2

Total held-to-maturity securities
14,178

 
45

 
15

 
9,629

 
1,242

 
16

 
23,807

 
1,287

 
31

Total fixed maturities
$
124,789

 
1,092

 
104

 
64,670

 
3,292

 
76

 
189,459

 
4,384

 
180

Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock
95

 
6

 
1

 

 

 

 
95

 
6

 
1

Total equity securities
$
95

 
6

 
1

 

 

 

 
95

 
6

 
1

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.  
 
Fixed Maturities, Available-for-Sale
 
Equity Securities
 
Three Months Ended
 
Three Months Ended
 
March 31,
 
March 31,
 
2018
 
2017
 
2018
 
2017
 
(In thousands)
 
 
 
 
 
 
 
 
Proceeds
$

 
508

 

 
1,940

Gross realized gains
$

 
6

 

 

Gross realized losses
$

 

 

 
30

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, 2018 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, 2018
 
Amortized
Cost
 
Fair
Value
 
(In thousands)
Available-for-sale securities:
 
 
 
Due in one year or less
$
40,387

 
40,592

Due after one year through five years
111,478

 
114,927

Due after five years through ten years
146,207

 
150,234

Due after ten years
662,231

 
675,342

Total available-for-sale securities
960,303

 
981,095

Held-to-maturity securities:
 

 
 

Due in one year or less
20,392

 
20,437

Due after one year through five years
43,646

 
44,545

Due after five years through ten years
49,116

 
49,935

Due after ten years
117,551

 
120,910

Total held-to-maturity securities
230,705

 
235,827

Total fixed maturities
$
1,191,008

 
1,216,922