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Segment Information
 6 Months Ended
Jun. 30, 2015
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
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Insurance premiums and
 contract charges earned
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
147,657
 
$
144,658
 
$
294,406
 
$
288,550
 
Annuity
 
 
6,516
 
 
6,453
 
 
12,739
 
 
12,377
 
Life
 
 
28,203
 
 
28,027
 
 
54,970
 
 
53,614
 
Total
 
$
182,376
 
$
179,138
 
$
362,115
 
$
354,541
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
9,007
 
$
9,455
 
$
18,440
 
$
18,740
 
Annuity
 
 
57,183
 
 
54,338
 
 
113,575
 
 
110,195
 
Life
 
 
18,022
 
 
17,842
 
 
35,730
 
 
35,976
 
Corporate and other
 
 
6
 
 
2
 
 
12
 
 
4
 
Intersegment eliminations
 
 
(223)
 
 
(232)
 
 
(449)
 
 
(466)
 
Total
 
$
83,995
 
$
81,405
 
$
167,308
 
$
164,449
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
3,244
 
$
4,895
 
$
20,867
 
$
18,922
 
Annuity
 
 
11,747
 
 
11,573
 
 
24,257
 
 
23,812
 
Life
 
 
3,643
 
 
5,015
 
 
7,028
 
 
8,897
 
Corporate and other
 
 
(2,451)
 
 
(1,031)
 
 
(1,694)
 
 
(2,813)
 
Total
 
$
16,183
 
$
20,452
 
$
50,458
 
$
48,818
 
 
 
 
June 30,
 
December 31,
 
 
 
2015
 
2014
 
Assets
 
 
 
 
 
 
 
Property and casualty
 
$
1,110,927
 
$
1,107,962
 
Annuity
 
 
6,860,029
 
 
6,683,473
 
Life
 
 
1,886,005
 
 
1,858,150
 
Corporate and other
 
 
143,281
 
 
155,678
 
Intersegment eliminations
 
 
(30,702)
 
 
(36,736)
 
Total
 
$
9,969,540
 
$
9,768,527