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Segment Information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [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, primarily personal lines automobile and homeowners products; retirement annuity products, primarily 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 corporate debt service, realized investment gains and losses and certain public company expenses, such items have also included corporate debt retirement costs/gains, when applicable. Summarized financial information for these segments is as follows:
 
 
 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2014
 
2013
 
 
 
 
 
 
 
 
 
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
Property and casualty
 
$
143,892
 
$
137,936
 
Annuity
 
 
5,924
 
 
5,072
 
Life
 
 
25,587
 
 
26,150
 
Total
 
$
175,403
 
$
169,158
 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
Property and casualty
 
$
9,285
 
$
8,970
 
Annuity
 
 
55,857
 
 
51,354
 
Life
 
 
18,134
 
 
17,319
 
Corporate and other
 
 
2
 
 
-
 
Intersegment eliminations
 
 
(234)
 
 
(240)
 
Total
 
$
83,044
 
$
77,403
 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
Property and casualty
 
$
14,027
 
$
10,160
 
Annuity
 
 
12,239
 
 
11,061
 
Life
 
 
3,882
 
 
4,340
 
Corporate and other
 
 
(1,782)
 
 
1,451
 
Total
 
$
28,366
 
$
27,012
 
 
 
 
March 31,
 
December 31,
 
 
 
2014
 
2013
 
Assets
 
 
 
 
 
 
 
Property and casualty
 
$
1,044,099
 
$
1,001,561
 
Annuity
 
 
6,117,855
 
 
5,963,348
 
Life
 
 
1,809,567
 
 
1,743,084
 
Corporate and other
 
 
140,386
 
 
154,557
 
Intersegment eliminations
 
 
(28,455)
 
 
(35,878)
 
Total
 
$
9,083,452
 
$
8,826,672