Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

(3)           Segment Information

The Company has three reportable segments:  Life Insurance, Home Service Insurance, and Other Non-Insurance enterprises.  The accounting policies of the segments are in accordance with U.S. GAAP and are the same as those used in the preparation of the consolidated financial statements.  The Company evaluates profit and loss performance based on U.S. GAAP income before federal income taxes for its three reportable segments.

The Company has no reportable differences between segments and consolidated operations.

	Three Months Ended June 30, 2011
	Life Insurance			Home Service Insurance			Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	29,016			10,870			-		39,886
Net investment income		4,272			3,275			170		7,717
Realized investment gains (losses), net		4			(17	)		-		(13	)
Decrease in fair value of warrants		-			-			816		816
Other income		77			6			21		104
Total revenue		33,369			14,134			1,007		48,510
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders		10,456			4,449			-		14,905
Increase in future policy benefit reserves		12,015			985			-		13,000
Policyholders' dividends		1,901			19			-		1,920
Total insurance benefits paid or provided		24,372			5,453			-		29,825
Commissions		6,058			3,872			-		9,930
Other general expenses		2,999			3,173			747		6,919
Capitalization of deferred policy acquisition costs		(6,060	)		(1,824	)		-		(7,884	)
Amortization of deferred policy acquisition costs		3,772			457			-		4,229
Amortization of cost of customer relationships acquired		276			475			-		751
Total benefits and expenses		31,417			11,606			747		43,770
Income (loss) before income tax expense	$	1,952			2,528			260		4,740

	Six Months Ended June 30, 2011
	Life Insurance			Home Service Insurance			Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	55,536			21,578			-		77,114
Net investment income		8,353			6,512			366		15,231
Realized investment gains (losses), net		4			2			-		6
Decrease in fair value of warrants		-			-			1,215		1,215
Other income		164			14			49		227
Total revenue		64,057			28,106			1,630		93,793
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders		19,857			9,927			-		29,784
Increase in future policy benefit reserves		23,824			1,494			-		25,318
Policyholders' dividends		3,544			38			-		3,582
Total insurance benefits paid or provided		47,225			11,459			-		58,684
Commissions		11,400			7,602			-		19,002
Other general expenses		5,953			6,255			1,321		13,529
Capitalization of deferred policy acquisition costs		(11,487	)		(3,562	)		-		(15,049	)
Amortization of deferred policy acquisition costs		7,610			1,139			-		8,749
Amortization of cost of customer relationships acquired		499			906			-		1,405
Total benefits and expenses		61,200			23,799			1,321		86,320
Income (loss) before income tax expense	$	2,857			4,307			309		7,473

	Three Months Ended June 30, 2010
	Life Insurance			Home Service Insurance			Other Non-Insurance Enterprises			Consolidated
	(In thousands)
Revenues:
Premiums	$	26,081			10,595			-			36,676
Net investment income		4,635			3,475			165			8,275
Realized investment gains (losses), net		144			548			-			692
Decrease in fair value of warrants		-			-			366			366
Other income		132			4			15			151
Total revenue		30,992			14,622			546			46,160
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders		10,247			4,847			-			15,094
Increase in future policy benefit reserves		8,773			1,010			-			9,783
Policyholders' dividends		1,760			17			-			1,777
Total insurance benefits paid or provided		20,780			5,874			-			26,654
Commissions		5,239			3,789			-			9,028
Other general expenses		2,654			3,794			674			7,122
Capitalization of deferred policy acquisition costs		(5,219	)		(1,759	)		-			(6,978	)
Amortization of deferred policy acquisition costs		5,001			217			-			5,218
Amortization of cost of customer relationships acquired		275			479			-			754
Total benefits and expenses		28,730			12,394			674			41,798
Income (loss) before income tax expense	$	2,262			2,228			(128	)		4,362

	Six Months Ended June 30, 2010
	Life Insurance			Home Service Insurance			Other Non-Insurance Enterprises			Consolidated
	(In thousands)
Revenues:
Premiums	$	50,850			21,016			-			71,866
Net investment income		9,346			7,007			271			16,624
Realized investment gains (losses), net		115			681			(45	)		751
Decrease in fair value of warrants		-			-			252			252
Other income		409			53			37			499
Total revenue		60,720			28,757			515			89,992
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders		20,146			10,525			-			30,671
Increase in future policy benefit reserves		17,435			1,893			-			19,328
Policyholders' dividends		3,302			45			-			3,347
Total insurance benefits paid or provided		40,883			12,463			-			53,346
Commissions		9,744			7,412			-			17,156
Other general expenses		5,631			7,435			909			13,975
Capitalization of deferred policy acquisition costs		(9,683	)		(3,290	)		-			(12,973	)
Amortization of deferred policy acquisition costs		9,660			502			-			10,162
Amoritzation of cost of customer relationships acquired		605			987			-			1,592
Total benefits and expenses		56,840			25,509			909			83,258
Income (loss) before income tax expense	$	3,880			3,248			(394	)		6,734