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Policy Liabilities and Short Duration Contracts (Tables)
12 Months Ended
Dec. 31, 2019
Insurance [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]

The following table presents information on changes in the liability for life, accident and health and property policy and contract claims for the years ended December 31, 2019, 2018 and 2017.

Years ended December 31,
(In thousands)
2019
 
2018
 
2017
Policy claims payable:
 
 
 
 
 
Balance at January 1
$
7,614

 
8,610

 
9,538

Less:  reinsurance recoverable
511

 
367

 
407

Net balance at January 1
7,103

 
8,243

 
9,131

Add claims incurred, related to:
 

 
 

 
 

Current year
26,816

 
24,793

 
25,036

Prior years
543

 
(197
)
 
(209
)
 
27,359

 
24,596

 
24,827

Deduct claims paid, related to:
 

 
 

 
 

Current year
20,629

 
18,933

 
18,037

Prior years
6,570

 
6,803

 
7,678

 
27,199

 
25,736

 
25,715

Net balance December 31
7,263

 
7,103

 
8,243

Plus:  reinsurance recoverable
796

 
511

 
367

Balance at December 31
$
8,059

 
7,614

 
8,610