Segment Information

12 Months Ended

Dec. 31, 2022

Segment Information [Abstract]

Segment Information

Note 16. Segment Information

The Parent’s primary insurance subsidiaries operate with relative autonomy and each company is evaluated based on its individual performance. American Southern operates in the property and casualty insurance market, while Bankers Fidelity operates in the life and health insurance market. Each segment derives revenue from the collection of premiums, as well as from investment income. Substantially all revenue other than that in the corporate and other segment is from external sources.

	For the Year Ended December 31, 2022
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums, net	$	70,276		$	115,164		$	—		$	—		$	185,440
Insurance benefits and losses incurred		47,175			76,281			—			—			123,456
Expenses deferred		(10,161	)		(12,867	)		—			—			(23,028	)
Amortization and depreciation expense		10,240			9,452			498			—			20,190
Other expenses		20,082			37,337			17,432			(9,714	)		65,137
Total expenses		67,336			110,203			17,930			(9,714	)		185,755
Underwriting income		2,940			4,961			—			—			7,901
Net investment income (loss)		4,147			5,414			2,461			(2,090	)		9,932
Other income (loss)		3			8			7,624			(7,624	)		11
Subtotal		7,090			10,383			(7,845	)		—			9,628
Net realized gains (losses)		(28	)		58			—			—			30
Unrealized losses on equity securities		(449	)		(6,629	)		(484	)		—			(7,562	)
Income (loss) before income taxes	$	6,613		$	3,812		$	(8,329	)	$	—		$	2,096
Total revenues	$	73,949		$	114,015		$	9,601		$	(9,714	)	$	187,851
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	144,455		$	195,028		$	140,661		$	(113,080	)	$	367,064

	For the Year Ended December 31, 2021
	American Southern			Bankers Fidelity			Corporate & Other			Adjustments & Eliminations			Consolidated
Insurance premiums, net	$	67,982		$	116,234		$	—		$	—		$	184,216
Insurance benefits and losses incurred		44,433			87,261			—			—			131,694
Expenses deferred		(10,690	)		(12,461	)		—			—			(23,151	)
Amortization and depreciation expense		10,756			13,692			537			—			24,985
Other expenses		20,077			33,484			16,255			(9,092	)		60,724
Total expenses		64,576			121,976			16,792			(9,092	)		194,252
Underwriting income (loss)		3,406			(5,742	)		—			—			(2,336	)
Net investment income (loss)		3,570			5,204			1,466			(1,712	)		8,528
Other income (loss)		4			9			7,380			(7,380	)		13
Subtotal		6,980			(529	)		(7,946	)		—			(1,495	)
Net realized gains		2,198			2,705			—			—			4,903
Unrealized gains on equity securities		114			1,550			230			—			1,894
Income (loss) before income taxes	$	9,292		$	3,726		$	(7,716	)	$	—		$	5,302
Total revenues	$	73,868		$	125,702		$	9,076		$	(9,092	)	$	199,554
Intangibles	$	1,350		$	1,194		$	—		$	—		$	2,544
Total assets	$	161,788		$	227,395		$	177,638		$	(164,535	)	$	402,286