Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables set forth our assets and liabilities that are measured at fair value on a recurring basis as of the dates indicated.



	March 31, 2016
Available-for-sale investments	Level 1		Level 2	Level 3	Total Fair Value
	(In thousands)
Financial assets:
Fixed maturities:
U.S. Treasury and U.S. Government-sponsored enterprises	$	12,954	20,768	—	33,722
States and political subdivisions	—		534,311	—	534,311
Corporate	—		232,695	—	232,695
Commercial mortgage-backed	—		—	123	123
Residential mortgage-backed	—		2,746	—	2,746
Foreign governments	—		132	—	132
Total fixed maturities	12,954		790,652	123	803,729
Equity securities:
Stock mutual funds	3,075		—	—	3,075
Bond mutual funds	18,575		—	—	18,575
Common stock	43		—	—	43
Preferred stock	1,855		—	—	1,855
Total equity securities	23,548		—	—	23,548
Total financial assets	$	36,502	790,652	123	827,277



	December 31, 2015
Available-for-sale investments	Level 1		Level 2	Level 3	Total Fair Value
	(In thousands)
Financial assets:
Fixed maturities:
U.S. Treasury and U.S. Government-sponsored enterprises	$	12,592	20,780	—	33,372
States and political subdivisions	—		483,049	—	483,049
Corporate	—		216,081	—	216,081
Commercial mortgage-backed	—		—	145	145
Residential mortgage-backed	—		2,870	—	2,870
Foreign governments	—		131	—	131
Total fixed maturities	12,592		722,911	145	735,648
Equity securities:
Stock mutual funds	3,033		—	—	3,033
Bond mutual funds	18,504		—	—	18,504
Common stock	43		—	—	43
Preferred stock	1,858		—	—	1,858
Total equity securities	23,438		—	—	23,438
Total financial assets	$	36,030	722,911	145	759,086

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents additional information about fixed maturity securities measured at fair value on a recurring basis that are classified as Level 3 assets and for which we have utilized significant unobservable inputs to determine fair value.



	March 31, 2016			December 31, 2015
	(In thousands)

Balance at beginning of period	$	145		231
Total realized and unrealized gains (losses)
Included in net income	—			—
Included in other comprehensive income	—			(2	)
Principal paydowns	(22		)	(84	)
Transfer in and (out) of Level 3	—			—
Balance at end of period	$	123		145

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amount and fair value for the financial assets and liabilities on the consolidated balance sheets not otherwise disclosed for the periods indicated are as follows:



	March 31, 2016			December 31, 2015
	Carrying Value		Fair Value	Carrying Value	Fair Value
	(In thousands)
Financial assets:
Fixed maturities, held-to-maturity	$	255,536	265,186	259,953	264,966
Mortgage loans	587		608	594	617
Policy loans	62,011		62,011	60,166	60,166
Short-term investments	—		—	251	251
Cash and cash equivalents	45,355		45,355	82,827	82,827
Financial liabilities:
Annuity - investment contracts	47,943		50,234	47,222	46,905