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Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2023
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 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 and, beginning January 1, 2023, CICA PR. 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. Domestically, we currently offer whole life, credit life, credit disability, and critical illness products. The critical illness products are sold in Texas and Florida through CICA and CNLIC. Both CICA and CNLIC also service whole life and accident and health policies primarily in the Southern U.S., Midwest and Mountain West. 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. The Life Insurance and Home Service Insurance portions of the Company constitute separate businesses. In addition to the Life Insurance and Home Service Insurance business, 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. 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 described in the summary of significant accounting policies in our Form 10-K. The Company evaluates profit and loss performance based on U.S. GAAP net income (loss) before federal income taxes for its two reportable segments. The Company's Other Non-Insurance Enterprises is the only reportable difference between segments and consolidated operations.
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Three Months Ended March 31, 2023 |  |  |
(In thousands) |  |  |
Revenues: |  |  |  |  |  |  |
Premiums | $ | 26,207 |  |  | 12,042 |  |  | — |  |  | 38,249 |
Net investment income | 13,311 |  |  | 3,470 |  |  | 293 |  |  | 17,074 |
Investment related gains (losses), net | (437) |  |  | 99 |  |  | 50 |  |  | (288) |
Other income (loss) | 879 |  |  | — |  |  | — |  |  | 879 |
Total revenues | 39,960 |  |  | 15,611 |  |  | 343 |  |  | 55,914 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 24,439 |  |  | 5,860 |  |  | — |  |  | 30,299 |
Increase (decrease) in future policy benefit reserves | (1,820) |  |  | 842 |  |  | — |  |  | (978) |
Policyholder liability remeasurement (gain) loss | 816 |  |  | 64 |  |  | — |  |  | 880 |
Policyholders' dividends | 1,101 |  |  | 7 |  |  | — |  |  | 1,108 |
Total insurance benefits paid or provided | 24,536 |  |  | 6,773 |  |  | — |  |  | 31,309 |
Commissions | 4,759 |  |  | 4,254 |  |  | — |  |  | 9,013 |
Other general expenses | 5,459 |  |  | 4,468 |  |  | 1,333 |  |  | 11,260 |
Capitalization of deferred policy acquisition costs | (4,360) |  |  | (1,998) |  |  | — |  |  | (6,358) |
Amortization of deferred policy acquisition costs | 3,162 |  |  | 652 |  |  | — |  |  | 3,814 |
Amortization of cost of insurance acquired | 32 |  |  | 129 |  |  | — |  |  | 161 |
Total benefits and expenses | 33,588 |  |  | 14,278 |  |  | 1,333 |  |  | 49,199 |
Income (loss) before federal income tax | $ | 6,372 |  |  | 1,333 |  |  | (990) |  |  | 6,715 |
| Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Three Months Ended March 31, 2022 |  |  |
(In thousands) |  |  |
Revenues: |  |  |  |  |  |  |
Premiums | $ | 26,931 |  |  | 12,433 |  |  | — |  |  | 39,364 |
Net investment income | 11,971 |  |  | 3,244 |  |  | 272 |  |  | 15,487 |
Investment related gains (losses), net | (293) |  |  | (242) |  |  | (47) |  |  | (582) |
Other income (loss) | 1,088 |  |  | — |  |  | — |  |  | 1,088 |
Total revenues | 39,697 |  |  | 15,435 |  |  | 225 |  |  | 55,357 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 21,458 |  |  | 6,976 |  |  | — |  |  | 28,434 |
Increase in future policy benefit reserves | 1,376 |  |  | (1,262) |  |  | — |  |  | 114 |
Policyholder liability remeasurement (gain) loss | 414 |  |  | 254 |  |  | — |  |  | 668 |
Policyholders' dividends | 1,350 |  |  | 3 |  |  | — |  |  | 1,353 |
Total insurance benefits paid or provided | 24,598 |  |  | 5,971 |  |  | — |  |  | 30,569 |
Commissions | 3,806 |  |  | 3,867 |  |  | — |  |  | 7,673 |
Other general expenses | 5,691 |  |  | 4,350 |  |  | 989 |  |  | 11,030 |
Capitalization of deferred policy acquisition costs | (3,306) |  |  | (1,475) |  |  | — |  |  | (4,781) |
Amortization of deferred policy acquisition costs | 3,020 |  |  | 539 |  |  | — |  |  | 3,559 |
Amortization of cost of insurance acquired | 24 |  |  | 105 |  |  | — |  |  | 129 |
Total benefits and expenses | 33,833 |  |  | 13,357 |  |  | 989 |  |  | 48,179 |
Income (loss) before federal income tax | $ | 5,864 |  |  | 2,078 |  |  | (764) |  |  | 7,178 |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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