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Segment Information
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block] SEGMENT INFORMATION
The Company has two reportable segments:  Life Insurance and Home Service Insurance.  Our Life Insurance segment primarily issues endowment contracts, which are principally accumulation contracts that incorporate an element of life insurance protection and ordinary whole life insurance, to non-U.S. residents through CICA International.  These contracts are designed to provide a fixed amount of insurance coverage over the life of the insured and may utilize rider benefits to provide additional coverage and annuity benefits to enhance accumulations. CICA issues credit life, credit disability and accident and health related policies throughout the Midwest and southern U.S. CNLIC issues ordinary whole life and critical illness products in Florida and Texas.

Our Home Service Insurance segment operates through our subsidiaries SPLIC, MGLIC and SPFIC, and focuses on the life insurance needs of the middle- and lower-income markets, primarily in Louisiana, Mississippi and Arkansas.  Our policies are sold and serviced through funeral homes and independent agents who sell policies, collect premiums and service policyholders.  Our Home Service Insurance segment also sells property insurance policies in Louisiana and Arkansas.

The Life Insurance and Home Service Insurance portions of the Company constitute separate businesses. The Company also operates other non-insurance portions of the Company ("Other Non-Insurance Enterprises"), which primarily include the Company’s IT and corporate-support functions that are included in the tables presented below to properly reconcile the segment information with the consolidated financial statements of the Company. The Company's Other Non-Insurance Enterprises is the only reportable difference between segments and consolidated operations.
The accounting policies of the reportable segments and Other Non-Insurance Enterprises are presented 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 or loss before federal income taxes for its two reportable segments.
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Three Months Ended September 30, 2022
(In thousands)
Revenues:    
Premiums$31,696 12,179  43,875 
Net investment income12,806 3,527 271 16,604 
Investment related gains (losses), net(4,367)(462)(162)(4,991)
Other income682  6 688 
Total revenues40,817 15,244 115 56,176 
Benefits and expenses:   
Insurance benefits paid or provided:    
Claims and surrenders24,742 5,987  30,729 
Increase in future policy benefit reserves6,040 1,050  7,090 
Policyholders' dividends1,382 7  1,389 
Total insurance benefits paid or provided32,164 7,044  39,208 
Commissions5,103 4,107  9,210 
Other general expenses6,016 4,228 1,315 11,559 
Capitalization of deferred policy acquisition costs(4,592)(1,780) (6,372)
Amortization of deferred policy acquisition costs4,991 2,091  7,082 
Amortization of cost of insurance acquired66 210  276 
Total benefits and expenses43,748 15,900 1,315 60,963 
Income (loss) before federal income tax expense$(2,931)(656)(1,200)(4,787)
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Nine Months Ended September 30, 2022
(In thousands)
Revenues:    
Premiums$88,461 37,002  125,463 
Net investment income37,124 10,054 805 47,983 
Investment related gains (losses), net(8,644)(1,629)(316)(10,589)
Other income2,403 1 6 2,410 
Total revenues119,344 45,428 495 165,267 
Benefits and expenses:   
Insurance benefits paid or provided:    
Claims and surrenders67,768 18,492  86,260 
Increase in future policy benefit reserves18,746 4,291  23,037 
Policyholders' dividends4,241 16  4,257 
Total insurance benefits paid or provided90,755 22,799  113,554 
Commissions13,701 12,106  25,807 
Other general expenses 17,065 12,093 3,831 32,989 
Capitalization of deferred policy acquisition costs(12,205)(5,132) (17,337)
Amortization of deferred policy acquisition costs14,086 4,783  18,869 
Amortization of cost of insurance acquired206 569  775 
Total benefits and expenses123,608 47,218 3,831 174,657 
Income (loss) before federal income tax expense$(4,264)(1,790)(3,336)(9,390)
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Three Months Ended September 30, 2021
(In thousands)
Revenues:    
Premiums$32,198 11,129 — 43,327 
Net investment income11,991 3,238 225 15,454 
Investment related gains (losses), net1,205 (36)957 2,126 
Other income676 — 677 
Total revenues46,070 14,332 1,182 61,584 
Benefits and expenses:    
Insurance benefits paid or provided:    
Claims and surrenders22,565 9,251 — 31,816 
Increase in future policy benefit reserves9,369 1,519 — 10,888 
Policyholders' dividends1,638 12 — 1,650 
Total insurance benefits paid or provided33,572 10,782 — 44,354 
Commissions4,854 4,261 — 9,115 
Other general expenses4,900 4,146 1,496 10,542 
Capitalization of deferred policy acquisition costs(4,201)(1,825)— (6,026)
Amortization of deferred policy acquisition costs5,191 852 — 6,043 
Amortization of cost of insurance acquired68 215 — 283 
Total benefits and expenses44,384 18,431 1,496 64,311 
Income (loss) before federal income tax expense$1,686 (4,099)(314)(2,727)
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Nine Months Ended September 30, 2021
(In thousands)
Revenues:    
Premiums$89,399 35,786 — 125,185 
Net investment income35,468 9,826 724 46,018 
Investment related gains (losses), net5,741 393 1,143 7,277 
Other income2,142 — 2,145 
Total revenues132,750 46,008 1,867 180,625 
Benefits and expenses:    
Insurance benefits paid or provided:    
Claims and surrenders69,366 22,335 — 91,701 
Increase in future policy benefit reserves17,081 5,326 — 22,407 
Policyholders' dividends4,400 31 — 4,431 
Total insurance benefits paid or provided90,847 27,692 — 118,539 
Commissions13,483 12,590 — 26,073 
Other general expenses15,273 12,024 6,130 33,427 
Capitalization of deferred policy acquisition costs(11,578)(5,220)— (16,798)
Amortization of deferred policy acquisition costs15,739 2,561 — 18,300 
Amortization of cost of insurance acquired279 680 — 959 
Total benefits and expenses124,043 50,327 6,130 180,500 
Income (loss) before federal income tax expense$8,707 (4,319)(4,263)125