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Segment and Other Operating Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting Information, Operating Income (Loss) [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
Year ended December 31, 2022 (In thousands) | Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Revenues: |  |  |  |  |  |  |
Premiums |  |  |  |  |  |  |
Life insurance | $ | 124,156 |  |  | 43,430 |  |  | — |  |  | 167,586 |
Accident and health insurance | 497 |  |  | 781 |  |  | — |  |  | 1,278 |
Property insurance | — |  |  | 4,850 |  |  | — |  |  | 4,850 |
Net investment income (loss) | 50,680 |  |  | 13,632 |  |  | 1,114 |  |  | 65,426 |
Investment related gains (losses), net | (8,826) |  |  | (1,277) |  |  | (188) |  |  | (10,291) |
Other income (loss) | 3,668 |  |  | 1 |  |  | 6 |  |  | 3,675 |
Total revenue | 170,175 |  |  | 61,417 |  |  | 932 |  |  | 232,524 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 95,576 |  |  | 24,359 |  |  | — |  |  | 119,935 |
Increase in future policy benefit reserves | 23,938 |  |  | 5,702 |  |  | — |  |  | 29,640 |
Policyholders' dividends | 5,990 |  |  | 23 |  |  | — |  |  | 6,013 |
Total insurance benefits paid or provided | 125,504 |  |  | 30,084 |  |  | — |  |  | 155,588 |
Commissions | 20,031 |  |  | 16,191 |  |  | — |  |  | 36,222 |
Other general expenses | 23,192 |  |  | 16,444 |  |  | 5,541 |  |  | 45,177 |
Capitalization of deferred policy acquisition costs | (17,942) |  |  | (6,957) |  |  | — |  |  | (24,899) |
Amortization of deferred policy acquisition costs | 19,810 |  |  | 6,719 |  |  | — |  |  | 26,529 |
Amortization of cost of insurance acquired | 262 |  |  | 712 |  |  | — |  |  | 974 |
Total benefits and expenses | 170,857 |  |  | 63,193 |  |  | 5,541 |  |  | 239,591 |
Income (loss) before federal income tax | $ | (682) |  |  | (1,776) |  |  | (4,609) |  |  | (7,067) |
Year ended December 31, 2021 (In thousands) | Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Revenues: |  |  |  |  |  |  |
Premiums |  |  |  |  |  |  |
Life insurance | $ | 125,558 |  |  | 44,243 |  |  | — |  |  | 169,801 |
Accident and health insurance | 500 |  |  | 750 |  |  | — |  |  | 1,250 |
Property insurance | — |  |  | 3,677 |  |  | — |  |  | 3,677 |
Net investment income (loss) | 47,216 |  |  | 13,224 |  |  | 1,055 |  |  | 61,495 |
Investment related gains (losses), net | 9,176 |  |  | 618 |  |  | 1,197 |  |  | 10,991 |
Other income (loss) | 3,362 |  |  | 7 |  |  | (37) |  |  | 3,332 |
Total revenue | 185,812 |  |  | 62,519 |  |  | 2,215 |  |  | 250,546 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 91,390 |  |  | 28,345 |  |  | — |  |  | 119,735 |
Increase in future policy benefit reserves | 29,407 |  |  | 7,037 |  |  | — |  |  | 36,444 |
Policyholders' dividends | 6,140 |  |  | 40 |  |  | — |  |  | 6,180 |
Total insurance benefits paid or provided | 126,937 |  |  | 35,422 |  |  | — |  |  | 162,359 |
Commissions | 18,747 |  |  | 16,716 |  |  | — |  |  | 35,463 |
Other general expenses | 20,846 |  |  | 14,739 |  |  | 7,785 |  |  | 43,370 |
Capitalization of deferred policy acquisition costs | (16,174) |  |  | (6,566) |  |  | — |  |  | (22,740) |
Amortization of deferred policy acquisition costs | 21,571 |  |  | 3,381 |  |  | — |  |  | 24,952 |
Amortization of cost of insurance acquired | 343 |  |  | 863 |  |  | — |  |  | 1,206 |
Goodwill impairment | 12,624 |  |  | — |  |  | — |  |  | 12,624 |
Total benefits and expenses | 184,894 |  |  | 64,555 |  |  | 7,785 |  |  | 257,234 |
Income (loss) before federal income tax | $ | 918 |  |  | (2,036) |  |  | (5,570) |  |  | (6,688) |
Assets [Table Text Block] | The table below summarizes assets by segment.
December 31, (In thousands) | 2022 |  | 2021
Assets: |  |  |
Life Insurance | $ | 1,176,246 |  |  | 1,390,392 |
Home Service Insurance | 338,977 |  |  | 407,603 |
Other Non-Insurance Enterprises | 54,747 |  |  | 56,516 |
Total assets | $ | 1,569,970 |  |  | 1,854,511 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] | GEOGRAPHIC INFORMATION The following table sets forth, by country, the Company's annual total of earned premiums from geographic area for the years indicated:
Years ended December 31, (In thousands) | 2022 |  | 2021 |  |
Area: |  |  |  |  |
United States | $ | 54,712 |  |  | 56,000 |  |  |
Colombia | 25,181 |  |  | 24,829 |  |  |
Taiwan | 18,236 |  |  | 19,042 |  |  |
Venezuela | 16,429 |  |  | 17,788 |  |  |
Ecuador | 12,992 |  |  | 13,115 |  |  |
Argentina | 9,251 |  |  | 9,160 |  |  |
Other foreign countries | 40,172 |  |  | 38,871 |  |  |
Net reinsurance | (3,259) |  |  | (4,077) |  |  |
Total premiums | $ | 173,714 |  |  | 174,728 |  |  |

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