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Segment Information
 9 Months Ended
Sep. 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
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
 
2015
    
 
2014
 
    
 
2015
 
   
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
 
$
149,210
 
 
$
145,520
 
 
 
$
443,616
 
 
$
434,070
 
Annuity
 
 
 
6,541
 
 
 
6,654
 
 
 
 
19,280
 
 
 
19,031
 
Life
 
 
 
27,061
 
 
 
26,856
 
 
 
 
82,031
 
 
 
80,470
 
Total
 
 
$
182,812
 
 
$
179,030
 
 
 
$
544,927
 
 
$
533,571
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
 
$
7,350
 
 
$
8,877
 
 
 
$
25,790
 
 
$
27,617
 
Annuity
 
 
 
56,271
 
 
 
56,026
 
 
 
 
169,846
 
 
 
166,221
 
Life
 
 
 
17,612
 
 
 
17,915
 
 
 
 
53,342
 
 
 
53,891
 
Corporate and other
 
 
 
5
 
 
 
3
 
 
 
 
17
 
 
 
7
 
Intersegment eliminations
 
 
 
(222
)
 
 
(230
)
 
 
 
(671
)
 
 
(696
)
Total
 
 
$
81,016
 
 
$
82,591
 
 
 
$
248,324
 
 
$
247,040
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
 
$
11,253
 
 
$
11,769
 
 
 
$
32,120
 
 
$
30,691
 
Annuity
 
 
 
8,716
 
 
 
10,264
 
 
 
 
32,973
 
 
 
34,076
 
Life
 
 
 
3,619
 
 
 
3,916
 
 
 
 
10,647
 
 
 
12,813
 
Corporate and other
 
 
 
(1,604
)
 
 
(592
)
 
 
 
(3,298
)
 
 
(3,405
)
Total
 
 
$
21,984
 
 
$
25,357
 
 
 
$
72,442
 
 
$
74,175
 
 
 
 
September 30,
 
December  31,
 
 
2015
 
2014
Assets
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
    
$
1,103,258
    
 
    
$
1,107,962
    
Annuity
 
 
 
6,778,398
 
 
 
 
6,683,473
 
Life
 
 
 
1,913,404
 
 
 
 
1,858,150
 
Corporate and other
 
 
 
141,723
 
 
 
 
155,678
 
Intersegment eliminations
 
 
 
(33,284
)
 
 
 
(36,736
)
Total
 
 
$
9,903,499
 
 
 
$
9,768,527