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SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
Total assets by industry segment at December 31, 2020 and December 31, 2019 are summarized below:
($ in thousands)

Assets by industry segment
TotalP&C Insurance OperationsLife Insurance OperationsNon-Insurance Operations
    
December 31, 2020$150,540 $85,375 $59,394 $5,771 
December 31, 2019$153,934 $83,917 $65,605 $4,412 
Net income (loss) by business segment for the year ended December 31, 2020 and 2019 is summarized below:
($ in thousands)
Year ended December 31, 2020
P&C Insurance OperationsLife Insurance OperationsNon-Insurance OperationsInter- company EliminationsTotal
REVENUE    
Net premiums earned$55,101 $5,709 $— $— $60,810 
Net investment income1,530 2,583 60 (540)3,633 
Investment gains1,043 567 13 — 1,623 
Other income582 1,242 1,035 (2,276)583 
 58,256 10,101 1,108 (2,816)66,649 
BENEFITS AND EXPENSES    
Policyholder benefits paid49,425 5,215 — (710)53,930 
Amortization of deferred policy acquisition costs2,724 824 — — 3,548 
Commissions7,212 331 — — 7,543 
General and administrative expenses8,589 1,923 892 (2,106)9,298 
Taxes, licenses and fees2,268 216 — — 2,484 
Interest expense— 41 823 — 864 
 70,218 8,550 1,715 (2,816)77,667 
Income (Loss) Before Income Taxes(11,962)1,551 (607)— (11,018)
INCOME TAX EXPENSE (BENEFIT)(2,583)306 (122)— (2,399)
Net Income (Loss)$(9,379)$1,245 $(485)$— $(8,619)

($ in thousands)
Year ended December 31, 2019
P&C Insurance OperationsLife Insurance OperationsNon-Insurance OperationsInter-company
Eliminations		Total
REVENUE   
Net premiums earned$54,019 $5,864 $— $— $59,883 
Net investment income1,683 2,677 56 (540)3,876 
Investment gains2,178 861 16 — 3,055 
Other income575 853 1,019 (1,862)585 
 58,455 10,255 1,091 (2,402)67,399 
BENEFITS AND EXPENSES    
Policyholder benefits paid33,979 5,027 — (408)38,598 
Amortization of deferred policy acquisition costs2,723 736 — — 3,459 
Commissions7,148 281 — — 7,429 
General and administrative expenses8,616 1,948 1,128 (1,994)9,698 
Taxes, licenses and fees2,185 285 — — 2,470 
Interest expense— 43 1,122 — 1,165 
 54,651 8,320 2,250 (2,402)62,819 
Income (Loss) Before Income Taxes3,804 1,935 (1,159)— 4,580 
INCOME TAX EXPENSE (BENEFIT)359 397 (243)— 513 
Net Income (Loss)$3,445 $1,538 $(916)$— $4,067 
Schedule of Gross and Net Premiums Written
The following table presents the Company’s gross and net premiums written for the property and casualty segment and the life and accident and health segment for the year ended December 31, 2020 and 2019, respectively:
($ in thousands)Year ended
December 31,
 20202019
Life, accident and health operations premiums written:  
Traditional life insurance$4,110 $4,181 
Accident and health insurance1,727 1,770 
Gross life, accident and health5,837 5,951 
Reinsurance premium ceded(80)(77)
Net life, accident and health premiums written$5,757 $5,874 
Property and Casualty operations premiums written:  
Dwelling fire & extended coverage$40,590 $38,847 
Homeowners (Including mobile homeowners)20,143 20,507 
Other liability2,212 2,224 
Gross property and casualty62,945 61,578 
Reinsurance premium ceded(7,296)(7,041)
Net property and casualty written$55,649 $54,537 
Consolidated gross premiums written$68,782 $67,529 
Reinsurance premium ceded(7,376)(7,118)
Consolidated net premiums written$61,406 $60,411 
Schedule of Gross and Net Premiums Earned
The following table presents the Company’s gross and net premiums earned for the property and casualty segment and the life and accident and health segment for the year ended December 31, 2020 and 2019, respectively:

($ in thousands)Year ended
December 31,
 20202019
Life, accident and health operations premiums earned:  
Traditional life insurance$4,071 $4,165 
Accident and health insurance1,718 1,776 
Gross life, accident and health5,789 5,941 
Reinsurance premium ceded(80)(77)
Net life, accident and health premiums earned$5,709 $5,864 
Property and Casualty operations premiums earned:
Dwelling fire & extended coverage$39,775 $38,090 
Homeowners (Including mobile homeowners)20,392 20,758 
Other liability2,230 2,212 
Gross property and casualty62,397 61,060 
Reinsurance premium ceded(7,296)(7,041)
Net property and casualty earned$55,101 $54,019 
Consolidated gross premiums earned$68,186 $67,001 
Reinsurance premium ceded(7,376)(7,118)
Consolidated net premiums earned$60,810 $59,883