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Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2012
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Information | Segment Information The Company has three reportable segments: Life Insurance, Home Service Insurance, and Other Non-Insurance Enterprises. The accounting policies of the segments are in accordance with U.S. GAAP and are the same as those used in the preparation of the consolidated financial statements. The Company evaluates profit and loss performance based on U.S. GAAP income before federal income taxes for its three reportable segments. The Company has no reportable differences between segments and consolidated operations.
| Three Months Ended
| September 30, 2012
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
| (In thousands)
Revenues: |  |  |  |  |  |  |
Premiums | $ | 31,876 |  |  | 11,076 |  |  | — |  |  | 42,952 |
Net investment income | 4,538 |  |  | 3,273 |  |  | 303 |  |  | 8,114 |
Realized investment gains, net | 720 |  |  | 43 |  |  | — |  |  | 763 |
Decrease in fair value of warrants | — |  |  | — |  |  | 241 |  |  | 241 |
Other income | 56 |  |  | 5 |  |  | 51 |  |  | 112 |
Total revenue | 37,190 |  |  | 14,397 |  |  | 595 |  |  | 52,182 |
Benefits and expenses: |  |  |  |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |  |  |  |  |
Claims and surrenders | 10,213 |  |  | 5,414 |  |  | — |  |  | 15,627 |
Increase in future policy benefit reserves | 16,058 |  |  | 843 |  |  | — |  |  | 16,901 |
Policyholders' dividends | 2,395 |  |  | 205 |  |  | — |  |  | 2,600 |
Total insurance benefits paid or provided | 28,666 |  |  | 6,462 |  |  | — |  |  | 35,128 |
Commissions | 6,115 |  |  | 3,654 |  |  | — |  |  | 9,769 |
Other general expenses | 2,622 |  |  | 2,962 |  |  | 471 |  |  | 6,055 |
Capitalization of deferred policy acquisition costs | (6,090 | ) |  | (1,457 | ) |  | — |  |  | (7,547 | )
Amortization of deferred policy acquisition costs | 3,358 |  |  | 776 |  |  | — |  |  | 4,134 |
Amortization of cost of customer relationships acquired | 164 |  |  | 434 |  |  | — |  |  | 598 |
Total benefits and expenses | 34,835 |  |  | 12,831 |  |  | 471 |  |  | 48,137 |
Income before income tax expense | $ | 2,355 |  |  | 1,566 |  |  | 124 |  |  | 4,045 |
| Nine Months Ended
| September 30, 2012
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
| (In thousands)
Revenues: |  |  |  |  |  |  |
Premiums | $ | 90,646 |  |  | 32,998 |  |  | — |  |  | 123,644 |
Net investment income | 12,949 |  |  | 9,503 |  |  | 851 |  |  | 23,303 |
Realized investment gains, net | 909 |  |  | 170 |  |  | 28 |  |  | 1,107 |
Decrease in fair value of warrants | — |  |  | — |  |  | 314 |  |  | 314 |
Other income | 188 |  |  | 17 |  |  | 116 |  |  | 321 |
Total revenue | 104,692 |  |  | 42,688 |  |  | 1,309 |  |  | 148,689 |
Benefits and expenses: |  |  |  |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |  |  |  |  |
Claims and surrenders | 30,912 |  |  | 15,578 |  |  | — |  |  | 46,490 |
Increase in future policy benefit reserves | 45,477 |  |  | 2,316 |  |  | — |  |  | 47,793 |
Policyholders' dividends | 6,525 |  |  | 230 |  |  | — |  |  | 6,755 |
Total insurance benefits paid or provided | 82,914 |  |  | 18,124 |  |  | — |  |  | 101,038 |
Commissions | 17,127 |  |  | 11,037 |  |  | — |  |  | 28,164 |
Other general expenses | 7,953 |  |  | 8,932 |  |  | 2,128 |  |  | 19,013 |
Capitalization of deferred policy acquisition costs | (16,109 | ) |  | (4,421 | ) |  | — |  |  | (20,530 | )
Amortization of deferred policy acquisition costs | 10,758 |  |  | 1,935 |  |  | — |  |  | 12,693 |
Amortization of cost of customer relationships acquired | 557 |  |  | 1,277 |  |  | — |  |  | 1,834 |
Total benefits and expenses | 103,200 |  |  | 36,884 |  |  | 2,128 |  |  | 142,212 |
Income (loss) before income tax expense | $ | 1,492 |  |  | 5,804 |  |  | (819 | ) |  | 6,477 |
| Three Months Ended
| September 30, 2011
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
| (In thousands)
Revenues: |  |  |  |  |  |  |
Premiums | $ | 29,491 |  |  | 10,808 |  |  | — |  |  | 40,299 |
Net investment income | 4,094 |  |  | 3,178 |  |  | 206 |  |  | 7,478 |
Realized investment gains, net | 25 |  |  | 4 |  |  | 6 |  |  | 35 |
Decrease in fair value of warrants | — |  |  | — |  |  | 239 |  |  | 239 |
Other income | 240 |  |  | 6 |  |  | 36 |  |  | 282 |
Total revenue | 33,850 |  |  | 13,996 |  |  | 487 |  |  | 48,333 |
Benefits and expenses: |  |  |  |  |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |  |  |  |  |
Claims and surrenders | 9,834 |  |  | 4,969 |  |  | — |  |  | 14,803 |
Increase in future policy benefit reserves | 13,133 |  |  | 1,232 |  |  | — |  |  | 14,365 |
Policyholders' dividends | 2,152 |  |  | 17 |  |  | — |  |  | 2,169 |
Total insurance benefits paid or provided | 25,119 |  |  | 6,218 |  |  | — |  |  | 31,337 |
Commissions | 5,516 |  |  | 3,708 |  |  | — |  |  | 9,224 |
Other general expenses | 2,875 |  |  | 3,126 |  |  | 641 |  |  | 6,642 |
Capitalization of deferred policy acquisition costs | (5,026 | ) |  | (1,505 | ) |  | — |  |  | (6,531 | )
Amortization of deferred policy acquisition costs | 3,431 |  |  | 740 |  |  | — |  |  | 4,171 |
Amortization of cost of customer relationships acquired | 206 |  |  | 502 |  |  | — |  |  | 708 |
Total benefits and expenses | 32,121 |  |  | 12,789 |  |  | 641 |  |  | 45,551 |
Income (loss) before income tax expense | $ | 1,729 |  |  | 1,207 |  |  | (154 | ) |  | 2,782 |
| Nine Months Ended
| September 30, 2011
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
| (In thousands)
Revenues: |  |  |  |  |  |  |
Premiums | $ | 85,027 |  |  | 32,386 |  |  | — |  |  | 117,413 |
Net investment income | 12,019 |  |  | 9,690 |  |  | 572 |  |  | 22,281 |
Realized investment gains, net | 29 |  |  | 6 |  |  | 6 |  |  | 41 |
Decrease in fair value of warrants | — |  |  | — |  |  | 1,454 |  |  | 1,454 |
Other income | 404 |  |  | 20 |  |  | 85 |  |  | 509 |
Total revenue | 97,479 |  |  | 42,102 |  |  | 2,117 |  |  | 141,698 |
Benefits and expenses: |  |  |  |  |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |  |  |  |  |
Claims and surrenders | 29,691 |  |  | 14,896 |  |  | — |  |  | 44,587 |
Increase in future policy benefit reserves | 36,957 |  |  | 2,726 |  |  | — |  |  | 39,683 |
Policyholders' dividends | 5,696 |  |  | 55 |  |  | — |  |  | 5,751 |
Total insurance benefits paid or provided | 72,344 |  |  | 17,677 |  |  | — |  |  | 90,021 |
Commissions | 16,916 |  |  | 11,310 |  |  | — |  |  | 28,226 |
Other general expenses | 8,614 |  |  | 9,167 |  |  | 1,962 |  |  | 19,743 |
Capitalization of deferred policy acquisition costs | (15,763 | ) |  | (4,773 | ) |  | — |  |  | (20,536 | )
Amortization of deferred policy acquisition costs | 10,743 |  |  | 1,737 |  |  | — |  |  | 12,480 |
Amortization of cost of customer relationships acquired | 705 |  |  | 1,408 |  |  | — |  |  | 2,113 |
Total benefits and expenses | 93,559 |  |  | 36,526 |  |  | 1,962 |  |  | 132,047 |
Income before income tax expense | $ | 3,920 |  |  | 5,576 |  |  | 155 |  |  | 9,651 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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