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SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
Total assets by industry segment at December 31, 2021 and December 31, 2020 are summarized below:

($ in thousands)

Assets by industry segment
TotalP&C Insurance OperationsLife Insurance OperationsNon-Insurance Operations
    
December 31, 2021$151,683 $87,657 $59,278 $4,748 
December 31, 2020$150,540 $85,375 $59,394 $5,771 
Net income (loss) by business segment for the year ended December 31, 2021 and 2020 is summarized below:
($ in thousands)
Year ended December 31, 2021
P&C Insurance OperationsLife Insurance OperationsNon-Insurance OperationsInter- company EliminationsTotal
REVENUES    
Net premiums earned$55,869 $5,554 $— $— $61,423 
Net investment income1,456 2,419 48 (540)3,383 
Investment gains (losses)296 606 (17)— 885 
Other income518 834 1,106 (1,939)519 
 58,139 9,413 1,137 (2,479)66,210 
BENEFITS AND EXPENSES    
Policyholder benefits paid36,685 4,973 — (386)41,272 
Amortization of deferred policy acquisition costs2,748 742 — — 3,490 
Commissions7,759 310 — — 8,069 
General and administrative expenses8,479 1,961 1,314 (2,093)9,661 
Taxes, licenses and fees2,250 192 — — 2,442 
Interest expense— 43 549 — 592 
 57,921 8,221 1,863 (2,479)65,526 
Income (Loss) Before Income Taxes218 1,192 (726)— 684 
INCOME TAX EXPENSE (BENEFIT)(26)280 (152)— 102 
Net Income (Loss)$244 $912 $(574)$— $582 


($ in thousands)

Year ended December 31, 2020
P&C Insurance OperationsLife Insurance OperationsNon-Insurance OperationsInter-company
Eliminations		Total
REVENUES   
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 $(485)$— $(8,619)
Schedule of Gross and Net Premiums Written
The following table presents the Company’s gross and net premiums written for the property and casualty segment and the life and accident and health segment for the year ended December 31, 2021 and 2020, respectively:
($ in thousands)Year ended
December 31,
 20212020
Life, accident and health operations premiums written:  
Traditional life insurance$3,997 $4,110 
Accident and health insurance1,692 1,727 
Gross life, accident and health5,689 5,837 
Reinsurance premium ceded(85)(80)
Net life, accident and health premiums written$5,604 $5,757 
Property and Casualty operations premiums written:  
Dwelling fire & extended coverage$46,896 $40,590 
Homeowners (Including mobile homeowners)19,688 20,143 
Other liability1,973 2,212 
Gross property and casualty68,557 62,945 
Reinsurance premium ceded(9,982)(7,296)
Net property and casualty written$58,575 $55,649 
Consolidated gross premiums written$74,246 $68,782 
Reinsurance premium ceded(10,067)(7,376)
Consolidated net premiums written$64,179 $61,406 
Schedule of Gross and Net Premiums Earned
The following table presents the Company’s gross and net premiums earned for the property and casualty segment and the life and accident and health segment for the year ended December 31, 2021 and 2020, respectively:
($ in thousands)Year ended
December 31,
 20212020
Life, accident and health operations premiums earned:  
Traditional life insurance$3,947 $4,071 
Accident and health insurance1,692 1,718 
Gross life, accident and health5,639 5,789 
Reinsurance premium ceded(85)(80)
Net life, accident and health premiums earned$5,554 $5,709 
Property and Casualty operations premiums earned:
Dwelling fire & extended coverage$43,663 $39,775 
Homeowners (Including mobile homeowners)20,097 20,392 
Other liability2,091 2,230 
Gross property and casualty65,851 62,397 
Reinsurance premium ceded(9,982)(7,296)
Net property and casualty earned$55,869 $55,101 
Consolidated gross premiums earned$71,490 $68,186 
Reinsurance premium ceded(10,067)(7,376)
Consolidated net premiums earned$61,423 $60,810