Segment and Other Operating Information (Tables)

12 Months Ended

Dec. 31, 2021

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

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Year ended December 31, 2021 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums
Life insurance	$	125,558	44,243	—	169,801
Accident and health insurance	500		750	—	1,250
Property insurance	—		3,677	—	3,677
Net investment income (loss)	47,216		13,224	1,055	61,495
Investment related gains (losses), net	9,176		618	1,197	10,991
Other income (loss)	3,362		7	(37)	3,332
Total revenue	185,812		62,519	2,215	250,546
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	91,390		28,345	—	119,735
Increase in future policy benefit reserves	29,407		7,037	—	36,444
Policyholders' dividends	6,140		40	—	6,180
Total insurance benefits paid or provided	126,937		35,422	—	162,359
Commissions	18,747		16,716	—	35,463
Other general expenses	20,846		14,739	7,785	43,370
Capitalization of deferred policy acquisition costs	(16,174)		(6,566)	—	(22,740)
Amortization of deferred policy acquisition costs	21,571		3,381	—	24,952
Amortization of cost of insurance acquired	343		863	—	1,206
Goodwill impairment	12,624		—	—	12,624
Total benefits and expenses	184,894		64,555	7,785	257,234
Income (loss) before federal income tax	$	918	(2,036)	(5,570)	(6,688)

Year ended December 31, 2020 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums
Life insurance	$	128,900	41,428	—	170,328
Accident and health insurance	301		718	—	1,019
Property insurance	—		3,982	—	3,982
Net investment income (loss)	45,885		13,051	1,261	60,197
Investment related gains (losses), net	1,340		223	(61)	1,502
Other income (loss)	1,806		19	3	1,828
Total revenue	178,232		59,421	1,203	238,856
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	93,813		27,332	—	121,145
Increase in future policy benefit reserves	25,825		4,098	—	29,923
Policyholders' dividends	5,554		33	—	5,587
Total insurance benefits paid or provided	125,192		31,463	—	156,655
Commissions	17,944		14,125	—	32,069
Other general expenses	16,323		17,402	19,944	53,669
Capitalization of deferred policy acquisition costs	(15,568)		(4,907)	—	(20,475)
Amortization of deferred policy acquisition costs	23,987		3,452	—	27,439
Amortization of cost of insurance acquired	460		1,356	—	1,816
Total benefits and expenses	168,338		62,891	19,944	251,173
Income (loss) before federal income tax	$	9,894	(3,470)	(18,741)	(12,317)

Year ended December 31, 2019 (In thousands)	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Revenues:
Premiums
Life insurance	$	136,941	41,410	—	178,351
Accident and health insurance	725		658	—	1,383
Property insurance	—		4,613	—	4,613
Net investment income (loss)	44,779		13,058	1,694	59,531
Investment related gains (losses), net	6,795		1,470	(3,016)	5,249
Other income (loss)	1,412		4	2	1,418
Total revenue	190,652		61,213	(1,320)	250,545
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	82,964		23,863	—	106,827
Increase in future policy benefit reserves	39,873		1,839	—	41,712
Policyholders' dividends	6,004		36	—	6,040
Total insurance benefits paid or provided	128,841		25,738	—	154,579
Commissions	20,128		14,094	—	34,222
Other general expenses	23,012		19,517	5,911	48,440
Capitalization of deferred policy acquisition costs	(17,448)		(4,807)	—	(22,255)
Amortization of deferred policy acquisition costs	23,832		4,436	—	28,268
Amortization of cost of insurance acquired	492		1,054	—	1,546
Total benefits and expenses	178,857		60,032	5,911	244,800
Income (loss) before federal income tax	$	11,795	1,181	(7,231)	5,745

Assets [Table Text Block]

The table below summarizes assets by segment.

December 31, (In thousands)	2021		2020
Assets:
Life Insurance	$	1,390,392	1,381,723
Home Service Insurance	407,603		385,931
Other Non-Insurance Enterprises	56,516		75,766
Total assets	$	1,854,511	1,843,420

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

GEOGRAPHIC INFORMATION

The following table sets forth, by country, the Company's annual total of earned premiums from geographic area for the years indicated:

Years ended December 31, (In thousands)	2021		2020	2019
Area:
United States	$	56,000	52,667	53,656
Colombia	24,829		25,783	26,768
Taiwan	19,042		19,078	19,403
Venezuela	17,788		19,956	22,353
Ecuador	13,115		13,301	14,198
Argentina	9,160		9,175	10,069
Other foreign countries	38,871		38,993	40,562
Net reinsurance	(4,077)		(3,624)	(2,662)
Total premiums	$	174,728	175,329	184,347