Segment Information

9 Months Ended

Sep. 30, 2011

Segment Information [Abstract]

Segment Information

Note 3.  Segment Information

The Company's primary operating subsidiaries, American Southern Insurance Company and American Safety Insurance Company (together known as “American Southern”) and Bankers Fidelity Life Insurance Company (“Bankers Fidelity”) operate in two principal business units, each focusing on specific products.  American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market.  Each business unit is managed independently and is evaluated on its individual performance.  The following sets forth the revenue and income (loss) before tax for each business unit for the three month and nine month periods ended September 30, 2011 and 2010.

Revenues	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
American Southern	$	10,446	$	9,825	$	31,928	$	28,924
Bankers Fidelity		20,212		17,162		55,505		50,814
Corporate and Other		142		159		495		458
Total revenue	$	30,800	$	27,146	$	87,928	$	80,196

Income (loss) before income taxes	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
American Southern	$	974		$	1,256		$	3,491		$	3,128
Bankers Fidelity		2,391			546			3,824			1,793
Corporate and Other		(1,597	)		(1,221	)		(4,587	)		(3,703	)
Income before income taxes	$	1,768		$	581		$	2,728		$	1,218