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Reinsurance | 6 Months Ended
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Jun. 30, 2014
Insurance [Abstract] |
Reinsurance | Note 6 - Reinsurance The Company recognizes the cost of reinsurance premiums over the contract periods for such premiums in proportion to the insurance protection provided. Amounts recoverable from reinsurers for unpaid claims and claim settlement expenses, including estimated amounts for unsettled claims, claims incurred but not yet reported and policy benefits, are estimated in a manner consistent with the insurance liability associated with the policy. The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:
|  |  |  |  | Ceded to |  | Assumed |  |  |
|  | Gross |  | Other |  | from Other |  | Net
|  | Amount |  | Companies |  | Companies |  | Amount
Three months ended June 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Premiums written and contract deposits |  |  | $ | 298,163 |  |  |  | $ | 6,712 |  |  |  | $ | 942 |  |  |  | $ | 292,393 |
Premiums and contract charges earned |  |  |  | 185,169 |  |  |  |  | 6,893 |  |  |  |  | 862 |  |  |  |  | 179,138 |
Benefits, claims and settlement expenses |  |  |  | 129,163 |  |  |  |  | 2,684 |  |  |  |  | 679 |  |  |  |  | 127,158 |
Three months ended June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Premiums written and contract deposits |  |  | $ | 274,199 |  |  |  | $ | 7,509 |  |  |  | $ | 1,013 |  |  |  | $ | 267,703 |
Premiums and contract charges earned |  |  |  | 178,344 |  |  |  |  | 7,697 |  |  |  |  | 914 |  |  |  |  | 171,561 |
Benefits, claims and settlement expenses |  |  |  | 122,835 |  |  |  |  | 2,718 |  |  |  |  | 648 |  |  |  |  | 120,765 |
Six months ended, June 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Premiums written and contract deposits |  |  | $ | 564,600 |  |  |  | $ | 13,343 |  |  |  | $ | 1,411 |  |  |  | $ | 552,668 |
Premiums and contract charges earned |  |  |  | 366,902 |  |  |  |  | 13,786 |  |  |  |  | 1,425 |  |  |  |  | 354,541 |
Benefits, claims and settlement expenses |  |  |  | 244,040 |  |  |  |  | 6,129 |  |  |  |  | 1,235 |  |  |  |  | 239,146 |
Six months ended June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Premiums written and contract deposits |  |  | $ | 526,264 |  |  |  | $ | 14,912 |  |  |  | $ | 1,429 |  |  |  | $ | 512,781 |
Premiums and contract charges earned |  |  |  | 354,652 |  |  |  |  | 15,361 |  |  |  |  | 1,428 |  |  |  |  | 340,719 |
Benefits, claims and settlement expenses |  |  |  | 237,013 |  |  |  |  | 4,649 |  |  |  |  | 1,100 |  |  |  |  | 233,464 |

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- Definition The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6485557&loc=d3e21549-158491 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13 -Article 7 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27374-158547 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6480758&loc=d3e6811-158387 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6480758&loc=d3e6816-158387 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 6 -Article 7 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.6,13) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=34714010&loc=d3e27795-158548 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=34714010&loc=d3e27703-158548 + Details
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