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Segment Information
 6 Months Ended
Jun. 30, 2012
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
June 30,		     Six Months Ended
June 30,		  
    2012     2011     2012     2011  
          As
Adjusted		           As
Adjusted		  

Insurance premiums and contract charges earned

                                

Property and casualty

   $ 135,616     $ 136,455     $ 270,662     $ 273,820  

Annuity

     5,537       4,751       10,502       9,507  

Life

     25,182       25,139       50,675       49,704  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

   $ 166,335     $ 166,345     $ 331,839     $ 333,031  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Net investment income

                                

Property and casualty

   $ 9,356     $ 9,261     $ 18,228     $ 18,475  

Annuity

     49,718       45,213       99,258       89,447  

Life

     17,505       17,470       35,017       34,746  

Corporate and other

     1       (1 )      1       (1 ) 

Intersegment eliminations

     (246 )      (254 )      (495 )      (509 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

   $ 76,334     $ 71,689     $ 152,009     $ 142,158  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Net income (loss)

                                

Property and casualty

   $ (4,127 )    $ (25,622 )    $ 9,104     $ (13,246 ) 

Annuity

     7,874       7,315       19,462       15,768  

Life

     6,130       5,845       11,295       10,048  

Corporate and other

     3,226       611       (87 )      1,386  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

   $ 13,103     $ (11,851 )    $ 39,774     $ 13,956  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

                 
    June 30,
2012		     December 31,
2011		  
          As Adjusted  

Assets

                

Property and casualty

   $ 1,010,940     $ 957,266  

Annuity

     5,221,087       4,926,204  

Life

     1,506,800       1,459,919  

Corporate and other

     108,773       115,367  

Intersegment eliminations

     (23,646 )      (23,587 ) 
   

 

 

    

 

 

  

Total

   $ 7,823,954     $ 7,435,169