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Segment Information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Note 8 - Segment Information
 
The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: (1) property and casualty insurance, primarily personal lines automobile and homeowners products; (2) retirement annuity products, primarily tax-qualified fixed and variable deposits; and (3) 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 also have 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,
 
 
 
 
2016
 
 
 
 
2015
 
 
 
 
2016
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
153,673
 
 
$
147,657
 
 
$
305,793
 
 
$
294,406
 
Annuity
 
 
6,098
 
 
 
6,516
 
 
 
12,166
 
 
 
12,739
 
Life
 
 
28,589
 
 
 
28,203
 
 
 
55,851
 
 
 
54,970
 
Total
 
$
188,360
 
 
$
182,376
 
 
$
373,810
 
 
$
362,115
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
10,151
 
 
$
9,007
 
 
$
18,979
 
 
$
18,440
 
Annuity
 
 
62,727
 
 
 
57,183
 
 
 
120,776
 
 
 
113,575
 
Life
 
 
18,502
 
 
 
18,022
 
 
 
36,486
 
 
 
35,730
 
Corporate and other
 
 
14
 
 
 
6
 
 
 
29
 
 
 
12
 
Intersegment eliminations
 
 
(215
)
 
 
(223
)
 
 
(432
)
 
 
(449
)
Total
 
$
91,179
 
 
$
83,995
 
 
$
175,838
 
 
$
167,308
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
(4,463
)
 
$
3,244
 
 
$
9,332
 
 
$
20,867
 
Annuity
 
 
13,063
 
 
 
11,747
 
 
 
23,616
 
 
 
24,257
 
Life
 
 
4,622
 
 
 
3,643
 
 
 
8,489
 
 
 
7,028
 
Corporate and other
 
 
(1,356
)
 
 
(2,451
)
 
 
(4,418
)
 
 
(1,694
)
Total
 
$
11,866
 
 
$
16,183
 
 
$
37,019
 
 
$
50,458
 
 
 
 
June 30,
 
 
 
December  31,
 
 
 
2016
 
2015
 
Assets
 
 
 
 
 
 
 
 
 
 
Property and casualty
 
$
1,137,533
 
 
 
$
1,098,415
 
 
Annuity
 
 
7,256,608
 
 
 
 
7,001,411
 
 
Life
 
 
1,970,433
 
 
 
 
1,862,719
 
 
Corporate and other
 
 
133,248
 
 
 
 
131,635
 
 
Intersegment eliminations
 
 
(31,520
)
 
 
 
(37,208
)
 
Total
 
$
10,466,302
 
 
 
$
10,056,972