Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

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

The Company's Other Non-Insurance Enterprises is the only reportable difference between segments and consolidated operations.

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Three Months Ended June 30, 2023
(In thousands)
Revenues:
Premiums	$	28,773	10,953	—	39,726
Net investment income	13,498		3,450	293	17,241
Investment related gains (losses), net	738		(12)	(23)	703
Other income	856		1	—	857
Total revenues	43,865		14,392	270	58,527
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	26,968		5,808	—	32,776
Increase (decrease) in future policy benefit reserves	(1,863)		919	—	(944)
Policyholder liability remeasurement (gain) loss	885		71	—	956
Policyholders' dividends	1,255		6	—	1,261
Total insurance benefits paid or provided	27,245		6,804	—	34,049
Commissions	4,765		4,118	—	8,883
Other general expenses	5,646		4,299	2,323	12,268
Capitalization of deferred policy acquisition costs	(4,457)		(2,087)	—	(6,544)
Amortization of deferred policy acquisition costs	3,167		507	—	3,674
Amortization of cost of insurance acquired	26		127	—	153
Total benefits and expenses	36,392		13,768	2,323	52,483
Income (loss) before federal income tax	$	7,473	624	(2,053)	6,044

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Six Months Ended June 30, 2023
(In thousands)
Revenues:
Premiums	$	54,980	22,995	—	77,975
Net investment income	26,809		6,920	586	34,315
Investment related gains (losses), net	301		87	27	415
Other income	1,735		1	—	1,736
Total revenues	83,825		30,003	613	114,441
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	51,407		11,668	—	63,075
Increase (decrease) in future policy benefit reserves	(3,683)		1,761	—	(1,922)
Policyholder liability remeasurement (gain) loss	1,701		135	—	1,836
Policyholders' dividends	2,356		13	—	2,369
Total insurance benefits paid or provided	51,781		13,577	—	65,358
Commissions	9,524		8,372	—	17,896
Other general expenses	11,105		8,767	3,656	23,528
Capitalization of deferred policy acquisition costs	(8,817)		(4,085)	—	(12,902)
Amortization of deferred policy acquisition costs	6,329		1,159	—	7,488
Amortization of cost of insurance acquired	58		256	—	314
Total benefits and expenses	69,980		28,046	3,656	101,682
Income (loss) before federal income tax	$	13,845	1,957	(3,043)	12,759

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Three Months Ended June 30, 2022
(In thousands)
Revenues:
Premiums	$	29,834	12,390	—	42,224
Net investment income	12,347		3,283	262	15,892
Investment related gains (losses), net	(3,984)		(925)	(107)	(5,016)
Other income	633		1	—	634
Total revenues	38,830		14,749	155	53,734
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	21,568		5,529	—	27,097
Increase (decrease) in future policy benefit reserves	3,006		724	—	3,730
Policyholder liability remeasurement (gain) loss	580		87	—	667
Policyholders' dividends	1,509		6	—	1,515
Total insurance benefits paid or provided	26,663		6,346	—	33,009
Commissions	4,792		4,132	—	8,924
Other general expenses	5,358		3,515	1,527	10,400
Capitalization of deferred policy acquisition costs	(4,307)		(1,877)	—	(6,184)
Amortization of deferred policy acquisition costs	2,950		518	—	3,468
Amortization of cost of insurance acquired	38		113	—	151
Total benefits and expenses	35,494		12,747	1,527	49,768
Income (loss) before federal income tax	$	3,336	2,002	(1,372)	3,966

	Life Insurance		Home Service Insurance	Other Non-Insurance Enterprises	Consolidated
Six Months Ended June 30, 2022
(In thousands)
Revenues:
Premiums	$	56,765	24,823	—	81,588
Net investment income	24,318		6,527	534	31,379
Investment related gains (losses), net	(4,277)		(1,167)	(154)	(5,598)
Other income	1,721		1	—	1,722
Total revenues	78,527		30,184	380	109,091
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	43,026		12,505	—	55,531
Increase (decrease) in future policy benefit reserves	4,382		(538)	—	3,844
Policyholder liability remeasurement (gain) loss	994		341	—	1,335
Policyholders' dividends	2,859		9	—	2,868
Total insurance benefits paid or provided	51,261		12,317	—	63,578
Commissions	8,598		7,999	—	16,597
Other general expenses	11,049		7,865	2,516	21,430
Capitalization of deferred policy acquisition costs	(7,613)		(3,352)	—	(10,965)
Amortization of deferred policy acquisition costs	5,970		1,057	—	7,027
Amortization of cost of insurance acquired	62		218	—	280
Total benefits and expenses	69,327		26,104	2,516	97,947
Income (loss) before federal income tax	$	9,200	4,080	(2,136)	11,144