Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of segment reporting information, by segment

The following table provides certain revenue and profit and loss information for each reportable segment. All amounts presented are computed based upon U.S. generally accepted accounting principles. Segment profit for Property and Casualty Insurance includes the direct marketing agency operations conducted by the parent company for this segment and is computed after elimination of inter-company commissions.

	2015						2014
	Direct and Assumed Premium Written		Net Premium Earned		Segment Profit		Direct and Assumed Premium Written		Net Premium Earned		Segment Profit

Three months ended March 31:

Property and Casualty Insurance	$	90,513	$	59,284	$	6,324	$	82,924	$	51,459	$	5,342
Reinsurance		6,467		7,162		600		11,830		12,383		1,888

Totals	$	96,980	$	66,446	$	6,924	$	94,754	$	63,842	$	7,230

Reconciliation of operating profit (loss) from segments to consolidated

The following table reconciles reportable segment income to the Company’s consolidated income before federal income taxes.

	Three Months Ended
	March 31
	2015			2014
Profit:
Segment profit	$	6,924		$	7,230
Net investment income		2,815			2,294
Net gains on investments		3,743			4,070
Corporate expenses and other		(4,191	)		(4,155	)
Income before federal income taxes	$	9,291		$	9,439

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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