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Segment and Other Operating Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting Information, Operating Income (Loss) [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
Year ended December 31, 2023 (In thousands) | Life Insurance |  | Home Service Insurance |  | Other Non-Insurance Enterprises |  | Consolidated
Revenues: |  |  |  |  |  |  |
Premiums: |  |  |  |  |  |  |
Life insurance | $ | 121,424 |  |  | 43,185 |  |  | — |  |  | 164,609 |
Accident and health insurance | 721 |  |  | 916 |  |  | — |  |  | 1,637 |
Property insurance | — |  |  | 793 |  |  | — |  |  | 793 |
Net investment income (loss) | 54,352 |  |  | 13,832 |  |  | 1,070 |  |  | 69,254 |
Investment related gains (losses), net | 301 |  |  | 522 |  |  | (63) |  |  | 760 |
Other income (loss) | 3,605 |  |  | 17 |  |  | 5 |  |  | 3,627 |
Total revenues | 180,403 |  |  | 59,265 |  |  | 1,012 |  |  | 240,680 |
Benefits and expenses: |  |  |  |  |  |  |
Insurance benefits paid or provided: |  |  |  |  |  |  |
Claims and surrenders | 113,428 |  |  | 22,565 |  |  | — |  |  | 135,993 |
Increase in future policy benefit reserves | (10,931) |  |  | 5,307 |  |  | — |  |  | (5,624) |
Policyholder liability remeasurement (gain) loss | 4,153 |  |  | 307 |  |  | — |  |  | 4,460 |
Policyholders' dividends | 5,512 |  |  | 30 |  |  | — |  |  | 5,542 |
Total insurance benefits paid or provided | 112,162 |  |  | 28,209 |  |  | — |  |  | 140,371 |
Commissions | 22,896 |  |  | 16,345 |  |  | — |  |  | 39,241 |
Other general expenses | 23,969 |  |  | 16,690 |  |  | 6,472 |  |  | 47,131 |
Capitalization of deferred policy acquisition costs | (20,251) |  |  | (8,050) |  |  | — |  |  | (28,301) |
Amortization of deferred policy acquisition costs | 12,895 |  |  | 2,565 |  |  | — |  |  | 15,460 |
Amortization of cost of insurance acquired | 111 |  |  | 493 |  |  | — |  |  | 604 |
Total benefits and expenses | 151,782 |  |  | 56,252 |  |  | 6,472 |  |  | 214,506 |
Income (loss) before federal income tax | $ | 28,621 |  |  | 3,013 |  |  | (5,460) |  |  | 26,174 |
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 revenues | 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 | 3,894 |  |  | 910 |  |  | — |  |  | 4,804 |
Policyholder liability remeasurement (gain) loss | 1,728 |  |  | 1,156 |  |  | — |  |  | 2,884 |
Policyholders' dividends | 5,990 |  |  | 23 |  |  | — |  |  | 6,013 |
Total insurance benefits paid or provided | 107,188 |  |  | 26,448 |  |  | — |  |  | 133,636 |
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 | 12,160 |  |  | 2,230 |  |  | — |  |  | 14,390 |
Amortization of cost of insurance acquired | 123 |  |  | 498 |  |  | — |  |  | 621 |
Total benefits and expenses | 144,752 |  |  | 54,854 |  |  | 5,541 |  |  | 205,147 |
Income (loss) before federal income tax | $ | 25,423 |  |  | 6,563 |  |  | (4,609) |  |  | 27,377 |
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 | 7,822 |  |  | 1,951 |  |  | — |  |  | 9,773 |
Policyholder liability remeasurement (gain) loss | 829 |  |  | 605 |  |  | — |  |  | 1,434 |
Policyholders' dividends | 6,140 |  |  | 40 |  |  | — |  |  | 6,180 |
Total insurance benefits paid or provided | 106,181 |  |  | 30,941 |  |  | — |  |  | 137,122 |
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 | 11,536 |  |  | 1,909 |  |  | — |  |  | 13,445 |
Amortization of cost of insurance acquired | 150 |  |  | 607 |  |  | — |  |  | 757 |
Goodwill impairment | 12,624 |  |  | — |  |  | — |  |  | 12,624 |
Total benefits and expenses | 153,910 |  |  | 58,346 |  |  | 7,785 |  |  | 220,041 |
Income (loss) before federal income tax | $ | 31,902 |  |  | 4,173 |  |  | (5,570) |  |  | 30,505 |
Assets [Table Text Block] | The table below summarizes assets by segment.
December 31, (In thousands) | 2023 |  | 2022
Assets: |  |  |
Segments: |  |  |
Life Insurance | $ | 1,267,243 |  |  | 1,194,285 |
Home Service Insurance | 359,773 |  |  | 341,671 |
Total Segments | 1,627,016 |  |  | 1,535,956 |
Other Non-Insurance Enterprises | 41,912 |  |  | 54,747 |
Total assets | $ | 1,668,928 |  |  | 1,590,703 |
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) | 2023 |  | 2022 |  | 2021
Area: |  |  |  |  |
United States | $ | 50,594 |  |  | 54,712 |  |  | 56,000 |
Colombia | 25,453 |  |  | 25,181 |  |  | 24,829 |
Taiwan | 17,760 |  |  | 18,236 |  |  | 19,042 |
Venezuela | 15,143 |  |  | 16,429 |  |  | 17,788 |
Ecuador | 13,379 |  |  | 12,992 |  |  | 13,115 |
Argentina | 9,533 |  |  | 9,251 |  |  | 9,160 |
Other foreign countries | 38,695 |  |  | 40,172 |  |  | 38,871 |
Net reinsurance | (3,518) |  |  | (3,259) |  |  | (4,077) |
Total premiums | $ | 167,039 |  |  | 173,714 |  |  | 174,728 |

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