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Segment Information
9 Months Ended
Sep. 30, 2011
Segment Information [Abstract] 
Segment Information

Note 7 - Segment Information

The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: property and casualty insurance, principally personal lines automobile and homeowners products; annuity products, principally tax-qualified fixed and variable deposits; and life insurance. The Company does not allocate the impact of corporate level transactions to the insurance segments, consistent with the basis for management's evaluation of the results of those segments, but classifies those items in the fourth segment, corporate and other. In addition to ongoing transactions such as debt service, realized investment gains and losses and certain public company expenses, within the past five years such items also have included debt retirement costs/gains. Summarized financial information for these segments is as follows:

                                         
     Three Months Ended   Nine Months Ended
     September 30,   September 30,
     2011   2010   2011   2010

Insurance premiums and contract charges earned

                                         

Property and casualty

      $ 136,636       $ 139,326       $ 410,456       $ 415,825  

Annuity

        4,936         4,160         14,443         12,986  

Life

        25,463         24,576         75,167         74,034  
      

 

 

      

 

 

      

 

 

      

 

 

  

Total

      $ 167,035       $ 168,062       $ 500,066       $ 502,845  
      

 

 

      

 

 

      

 

 

      

 

 

  
         

Net investment income

                                         

Property and casualty

      $ 8,927       $ 9,178       $ 27,402       $ 27,093  

Annuity

        45,582         42,150         135,029         125,197  

Life

        17,294         17,213         52,040         51,757  

Corporate and other

        (1 )       7         (2 )       5  

Intersegment eliminations

        (252 )       (258 )       (761 )       (779 )
      

 

 

      

 

 

      

 

 

      

 

 

  

Total

      $ 71,550       $ 68,290       $ 213,708       $ 203,273  
      

 

 

      

 

 

      

 

 

      

 

 

  
         

Net income (loss)

                                         

Property and casualty

      $ 1,735       $ 1,430       $ (11,598 )     $ 20,969  

Annuity

        4,355         8,547         20,517         22,690  

Life

        3,555         5,678         13,464         15,766  

Corporate and other

        13,483         4,511         14,869         6,325  
      

 

 

      

 

 

      

 

 

      

 

 

  

Total

      $ 23,128       $ 20,166       $ 37,252       $ 65,750  
      

 

 

      

 

 

      

 

 

      

 

 

  

 

                     
     September 30,   December 31,
     2011   2010

Assets

                     

Property and casualty

      $ 993,212       $ 954,201  

Annuity

        4,766,353         4,556,317  

Life

        1,485,860         1,393,169  

Corporate and other

        120,431         130,191  

Intersegment eliminations

        (29,158 )       (28,337 )
      

 

 

      

 

 

  

Total

      $ 7,336,698       $ 7,005,541