XML 41 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
Note 9 - 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 segment, primarily personal lines automobile and homeowners products; Retirement segment, primarily tax-qualified fixed and variable annuities; and Life segment, life insurance. The Company does not allocate the impact of corporate-level transactions to these operating 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, net 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
 
 
 
 
 
March 31,
 
 
 
 
 
2017
 
 
 
 
2016
 
 
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
 
Property and Casualty
 
$
158,318
 
 
$
152,120
 
Retirement
 
 
6,601
 
 
 
6,068
 
Life
 
 
30,803
 
 
 
27,262
 
Total
 
$
195,722
 
 
$
185,450
 
 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
Property and Casualty
 
$
9,177
 
 
$
8,828
 
Retirement
 
 
63,442
 
 
 
58,049
 
Life
 
 
18,288
 
 
 
17,984
 
Corporate and Other
 
 
12
 
 
 
15
 
Intersegment eliminations
 
 
(208
)
 
 
(217
)
Total
 
$
90,711
 
 
$
84,659
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
Property and Casualty
 
$
2,735
 
 
$
13,795
 
Retirement
 
 
11,530
 
 
 
10,553
 
Life
 
 
3,885
 
 
 
3,867
 
Corporate and Other
 
 
(2,832
)
 
(3,062
)
Total
 
$
15,318
 
 
$
25,153
 
 
 
 
 
 
 
 
 
 
 
 
March 31,
 
December  31,
 
 
2017
 
2016
Assets
 
 
 
 
 
 
 
Property and Casualty
 
$
1,117,764
 
$
1,110,958
 
Retirement
 
 
7,622,077
 
 
 
7,449,777
 
Life
 
 
1,941,372
 
 
 
1,912,771
 
Corporate and Other
 
 
126,745
 
 
 
140,104
 
Intersegment eliminations
 
 
(28,453
)
 
 
(36,786
)
Total
 
$
10,779,505
 
 
$
10,576,824