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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (5,071) $ 12,308
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Losses and settlement expenses (affiliated $26,439 and $19,257) 24,257 18,959
Unearned premiums (affiliated $9,057 and $11,906) 8,703 11,477
Other policyholders' funds due to affiliate (1,986) (603)
Amounts due to/from affiliate to settle inter-company transaction balances 221 (6,396)
Net pension and postretirement benefits due from affiliate (3,107) (579)
Reinsurance receivables due from affiliate (279) 163
Prepaid reinsurance premiums due from affiliate (1,587) (5,618)
Commissions payable (affiliated $(5,135) and $(4,895)) (5,066) (4,904)
Deferred policy acquisition costs (affiliated $(2,786) and $(215)) (2,747) (105)
Accrued investment income 862 149
Current income tax (5,660) (2,902)
Deferred income tax (1,074) (754)
Net realized investment gains (losses) and, beginning in 2018, change in unrealized investment gains on equity investments 11,253 (2,760)
Other, net (affiliated $125 and $(2,247)) 4,238 3,961
Total adjustments to reconcile net income (loss) to net cash provided by operating activities 28,028 10,088
Net cash provided by operating activities 22,957 22,396
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of fixed maturity securities available-for-sale (176,606) (101,700)
Disposals of fixed maturity securities available-for-sale 166,757 81,762
Purchases of equity investments (37,256)  
Purchases of equity investments   (28,859)
Disposals of equity investments 34,594  
Disposals of equity investments   36,098
Purchases of other long-term investments (5,407) (11,084)
Disposals of other long-term investments 2,360 857
Net (purchases) disposals of short-term investments 166 3,535
Net receipts under reverse repurchase agreements 0 3,500
Net cash used in investing activities (15,392) (15,891)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock through affiliate’s stock plans 3,239 4,129
Repurchase of common stock (1,455) (1,758)
Dividends paid to stockholders (affiliated $(5,180) and $(4,944)) (9,437) (8,868)
Net cash used in financing activities (7,653) (6,497)
NET INCREASE (DECREASE) IN CASH (88) 8
Cash at the beginning of the year 347 307
Cash at the end of the quarter $ 259 $ 315