Reinsurance

3 Months Ended

Mar. 31, 2014

Insurance [Abstract]

Reinsurance

Note 6 - Reinsurance

The Company recognizes the cost of reinsurance premiums over the contract periods for such premiums in proportion to the insurance protection provided. Amounts recoverable from reinsurers for unpaid claims and claim settlement expenses, including estimated amounts for unsettled claims, claims incurred but not yet reported and policy benefits, are estimated in a manner consistent with the insurance liability associated with the policy. The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:

			Ceded to		Assumed
	Gross		Other		from Other		Net
	Amount		Companies		Companies		Amount
Three months ended March 31, 2014
Premiums written and contract deposits	$	266,437	$	6,631	$	469	$	260,275
Premiums and contract charges earned		181,733		6,893		563		175,403
Benefits, claims and settlement expenses		114,877		3,445		556		111,988
Three months ended March 31, 2013
Premiums written and contract deposits	$	252,065	$	7,403	$	416	$	245,078
Premiums and contract charges earned		176,308		7,664		514		169,158
Benefits, claims and settlement expenses		114,178		1,931		452		112,699