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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | A reconciliation between the U.S. corporate income tax rate and the effective income tax rate is as follows:
Years ended December 31, (In thousands, except for %) | 2022 |  | % |  | 2021 |  | % |  |  |  |
Expected tax expense (benefit) | $ | (1,484) |  |  | 21.0 | % |  | $ | (1,404) |  |  | 21.0 | % |  |  |  |
Change in valuation allowance | 1 |  |  | — |  |  | — |  |  | — |  |  |  |  |
Foreign income tax rate differential | 151 |  |  | (2.1) |  |  | (2,912) |  |  | 43.5 |  |  |  |  |
Tax-exempt interest and dividends-received deduction | (63) |  |  | 0.9 |  |  | (114) |  |  | 1.7 |  |  |  |  |
Adjustment of prior year taxes | — |  |  | — |  |  | (61) |  |  | 0.9 |  |  |  |  |
Effect of uncertain tax position | (1,185) |  |  | 16.8 |  |  | (43,834) |  |  | 655.4 |  |  |  |  |
Nondeductible costs to remediate tax compliance issue | — |  |  | — |  |  | (176) |  |  | 2.6 |  |  |  |  |
Compensation limitation under 162(m) and 280(g) | 67 |  |  | (0.9) |  |  | (21) |  |  | 0.3 |  |  |  |  |
Subpart F income | 2,053 |  |  | (29.1) |  |  | 2,102 |  |  | (31.4) |  |  |  |  |
Rate differential on net operating loss carryback claim | — |  |  | — |  |  | 295 |  |  | (4.4) |  |  |  |  |
Goodwill impairment | — |  |  | — |  |  | 2,651 |  |  | (39.6) |  |  |  |  |
Other | 31 |  |  | (0.5) |  |  | (1) |  |  | — |  |  |  |  |
Total federal income tax expense (benefit) | $ | (429) |  |  | 6.1 | % |  | $ | (43,475) |  |  | 650.0 | % |  |  |  |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | Income tax expense (benefit) consists of:
Years ended December 31, (In thousands) | 2022 |  | 2021 |  |
Income tax expense (benefit): |  |  |  |  |
Current - normal operations | $ | 632 |  |  | (68) |  |  |
Current - UTP release impact | (1,185) |  |  | (43,834) |  |  |
Deferred | 124 |  |  | 427 |  |  |
Total income tax expense (benefit) | $ | (429) |  |  | (43,475) |  |  |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The components of deferred federal income taxes are as follows:
December 31, (In thousands) | 2022 |  | 2021
Deferred tax assets: |  |  |
Future policy benefit reserves | $ | 2,632 |  |  | 2,572 |
Net operating and capital loss carryforwards | 388 |  |  | 1,545 |
Accrued policyholder dividends and expenses | 134 |  |  | 115 |
Investments | 113 |  |  | 218 |
Deferred intercompany loss | 1,744 |  |  | 1,848 |
Unrealized losses on investments available-for-sale | 11,688 |  |  | — |
Accrued compensation | 360 |  |  | 337 |
Lease liability | 2,124 |  |  | 2,274 |
Other | 440 |  |  | 236 |
Total gross deferred tax assets | 19,623 |  |  | 9,145 |
Less: |  |  |
Valuation allowance | 4,238 |  |  | — |
Net deferred tax assets | 15,385 |  |  | 9,145 |
Deferred tax liabilities: |  |  |
DAC, COIA and intangible assets | (8,571) |  |  | (8,955) |
Unrealized gains on investments available-for-sale | — |  |  | (10,350) |
Tax reserves transition liability | (2,242) |  |  | (2,989) |
Right-of-use lease asset | (2,124) |  |  | (2,274) |
Other | (34) |  |  | (33) |
Total gross deferred tax liabilities | (12,971) |  |  | (24,601) |
Net deferred tax asset (liability) | $ | 2,414 |  |  | (15,456) |
Change in Deferred Tax Liability [Table Text Block] | A summary of the changes in the components of deferred federal and state income taxes is as follows:
December 31, (In thousands) | 2022 |  | 2021
Deferred federal and state income taxes: |  |  |
Balance January 1, | $ | (15,456) |  |  | (9,564) |
Deferred tax benefit (expense) | (124) |  |  | (427) |
Investments available-for-sale | 21,770 |  |  | (5,709) |
Change in valuation allowance | (4,238) |  |  | — |
Effects of unrealized gains on DAC, COIA and reserves | 462 |  |  | 244 |
Balance December 31, | $ | 2,414 |  |  | (15,456) |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | A reconciliation of unrecognized tax benefits is as follows:
Years ended December 31, (In thousands) | 2022 |  | 2021 |  |
Balance at January 1, | $ | 2,156 |  |  | 45,990 |  |  |
Additions for tax positions of prior years | — |  |  | — |  |  |
Reductions for tax positions of prior years | (1,185) |  |  | (43,834) |  |  |
Balance December 31, | $ | 971 |  |  | 2,156 |  |  |

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