Investments Debt And Equity Securities (Tables)

3 Months Ended

Mar. 31, 2013

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 84.1% of total investments and cash and cash equivalents at March 31, 2013.

	March 31, 2013				December 31, 2012
	Carrying Value		% of Total Carrying Value		Carrying Value		% of Total Carrying Value
	(In thousands)				(In thousands)
Fixed maturity securities	$	815,389	84.1	%	$	791,528	82.7	%
Equity securities	54,029		5.6	%	53,741		5.6	%
Mortgage loans	1,376		0.1	%	1,509		0.2	%
Policy loans	44,872		4.6	%	42,993		4.5	%
Real estate and other long-term investments	8,559		0.9	%	8,553		0.9	%
Short-term investments	2,853		0.3	%	2,340		0.2	%
Cash and cash equivalents	42,608		4.4	%	56,299		5.9	%
Total cash, cash equivalents and investments	$	969,686	100.0	%	$	956,963	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 and equity securities as of the periods indicated.

	March 31, 2013
	Cost or Amortized Cost		Gross Unrealized Gains	Gross Unrealized Losses	Fair Value
	(In thousands)
Fixed maturities:
Available-for-sale:
U.S. Treasury securities	$	10,155	3,581	—	13,736
U.S. Government-sponsored enterprises	69,444		3,584	14	73,014
States and political subdivisions	314,560		17,756	1,182	331,134
Foreign governments	105		34	—	139
Corporate	204,478		19,724	190	224,012
Commercial mortgage-backed	416		16	2	430
Residential mortgage-backed	4,789		429	1	5,217
Total available-for-sale securities	603,947		45,124	1,389	647,682
Held-to-maturity securities:
U.S. Government-sponsored enterprises	16,482		458	—	16,940
States and political subdivisions	118,638		5,957	293	124,302
Corporate	32,587		1,144	7	33,724
Total held-to-maturity securities	167,707		7,559	300	174,966
Total fixed maturities	$	771,654	52,683	1,689	822,648
Equity securities:
Stock mutual funds	$	10,463	905	—	11,368
Bond mutual funds	41,504		396	185	41,715
Common stock	17		—	2	15
Preferred stock	569		362	—	931
Total equity securities	$	52,553	1,663	187	54,029

	December 31, 2012
	Cost or Amortized Cost		Gross Unrealized Gains	Gross Unrealized Losses	Fair Value
	(In thousands)
Fixed maturities:
Available-for-sale securities:
U.S. Treasury securities	$	10,170	3,773	—	13,943
U.S. Government-sponsored enterprises	81,788		3,815	22	85,581
States and political subdivisions	265,812		17,227	777	282,262
Foreign governments	105		36	—	141
Corporate	195,755		20,536	286	216,005
Commercial mortgage-backed	481		17	2	496
Residential mortgage-backed	5,625		469	2	6,092
Total available-for-sale securities	559,736		45,873	1,089	604,520
Held-to-maturity securities:
U.S. Government-sponsored enterprises	28,632		514	—	29,146
States and political subdivisions	125,634		5,435	378	130,691
Corporate	32,742		1,160	—	33,902
Total held-to-maturity securities	187,008		7,109	378	193,739
Total fixed maturity securities	$	746,744	52,982	1,467	798,259
Equity securities:
Stock mutual funds	$	10,463	250	28	10,685
Bond mutual funds	41,504		541	129	41,916
Common stock	17		—	2	15
Preferred stock	760		365	—	1,125
Total equity securities	$	52,744	1,156	159	53,741

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 maturities and equity securities that have remained in a continuous unrealized loss position for the periods indicated.

	March 31, 2013
	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:
U.S. Government-sponsored enterprises	$	1,673	14	4	—	—	—	1,673	14	4
States and political subdivisions	83,191		843	97	6,365	339	4	89,556	1,182	101
Corporate	29,883		190	18	—	—	—	29,883	190	18
Commercial mortgage-backed	—		—	—	48	2	1	48	2	1
Residential mortgage-backed	—		—	—	51	1	1	51	1	1
Total available-for-sale securities	114,747		1,047	119	6,464	342	6	121,211	1,389	125
Held-to-maturity securities:
States and political subdivisions	26,685		293	25	—	—	—	26,685	293	25
Corporate	2,212		7	2	—	—	—	2,212	7	2
Total held-to-maturity securities	28,897		300	27	—	—	—	28,897	300	27
Total fixed maturities	$	143,644	1,347	146	6,464	342	6	150,108	1,689	152
Equity securities:
Bond mutual funds	$	9,301	123	2	2,938	62	2	12,239	185	4
Common stocks	15		2	1	—	—	—	15	2	1
Total equities	$	9,316	125	3	2,938	62	2	12,254	187	5

As of March 31, 2013, the Company had 6 available-for-sale securities and no held-to-maturity securities that were in an unrealized loss position for greater than 12 months.  These securities consisted of municipals and mortgage-backed securities.

	12/31/2012
	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:
U.S. Government-sponsored enterprises	$	10,603	22	9	—	—	—	10,603	22	9
States and political subdivisions	54,115		443	61	5,099	334	2	59,214	777	63
Corporate	22,316		286	16	—	—	—	22,316	286	16
Commercial mortgage-backed	94		2	1	—	—	—	94	2	1
Residential mortgage-backed	—		—	—	52	2	1	52	2	1
Total available-for-sale securities	87,128		753	87	5,151	336	3	92,279	1,089	90
Held-to-maturity securities:
States and political subdivisions	40,611		378	32	—	—	—	40,611	378	32
Total held-to-maturity securities	40,611		378	32	—	—	—	40,611	378	32
Total fixed maturities	$	127,739	1,131	119	5,151	336	3	132,890	1,467	122
Equity securities:
Stock mutual funds	$	—	—	—	972	28	1	972	28	1
Bond mutual funds	3,335		88	1	2,959	41	2	6,294	129	3
Common stock	15		2	1	—	—	—	15	2	1
Total equities	$	3,350	90	2	3,931	69	3	7,281	159	5

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.  Proceeds and gross realized gains from sales of securities for the three months ended March 31, 2013 and 2012 are summarized as follows.

		Fixed Maturities, Available-for-sale			Equity Securities
		Three Months Ended			Three Months Ended
		March 31, 2013			March 31, 2012
		2013		2012	2013	2012
	(In thousands)
Proceeds		$	58	503	—	—
Gross realized gains		$	1	1	—	—
Gross realized losses		$	—	—	—	—

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, 2013 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.

	March 31, 2013
	Amortized Cost		Fair Value
	(In thousands)
Available-for-sale securities:
Due in one year or less	$	235,637	253,011
Due after one year through five years	81,964		88,031
Due after five years through ten years	124,791		134,658
Due after ten years	156,350		166,335
Securities not due at a single maturity date	5,205		5,647
Total available-for-sale securities	603,947		647,682
Held-to-maturity securities:
Due in one year or less	13,236		13,349
Due after one year through five years	34,427		35,047
Due after five years through ten years	46,058		49,283
Due after ten years	73,986		77,287
Total held-to-maturity securities	167,707		174,966
Total fixed maturities	$	771,654	822,648