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Segment Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block] SEGMENT AND OTHER OPERATING INFORMATION
The Company's segments are defined by management's reporting structure and operating activities. The chief operating decision maker ("CODM"), our President and Chief Executive Officer, reviews and analyzes income statement information by segment to make decisions, assess financial performance and allocate resources across the Company in order to meet the overall strategic objectives of the Company. 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 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 Domestic issues whole life, final expense and life products with living benefits throughout the U.S.

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

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 CODM 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 represents the only reportable difference between segments and consolidated operations.

Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Three Months Ended September 30, 2025
(In thousands)
Revenues:    
Premiums
Life insurance$32,612 10,260 — 42,872 
Accident and health insurance173 258 — 431 
Net investment income15,342 3,581 194 19,117 
Investment related gains (losses), net(2,063)799 9 (1,255)
Other income1,518 — 125 1,643 
Total revenues47,582 14,898 328 62,808 
Benefits and expenses:   
Insurance benefits paid or provided:    
Claims and surrenders38,603 5,673 — 44,276 
Increase (decrease) in future policy benefit reserves(8,360)1,600 — (6,760)
Policyholder liability remeasurement (gain) loss1,405 (1,864)— (459)
Policyholders' dividends1,372 5 — 1,377 
Total insurance benefits paid or provided33,020 5,414 — 38,434 
Commissions8,566 3,089 — 11,655 
Other general expenses7,050 3,879 2,362 13,291 
Capitalization of deferred policy acquisition costs(8,670)(1,304)— (9,974)
Amortization of deferred policy acquisition costs4,063 732 — 4,795 
Amortization of cost of insurance acquired18 110 — 128 
Total benefits and expenses44,047 11,920 2,362 58,329 
Income (loss) before federal income tax$3,535 2,978 (2,034)4,479 
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Nine Months Ended September 30, 2025
(In thousands)
Revenues:    
Premiums:
Life insurance$94,030 31,128 — 125,158 
Accident and health insurance552 778 — 1,330 
Net investment income42,254 10,854 555 53,663 
Investment related gains (losses), net(2,185)433 11 (1,741)
Other income5,011 — 125 5,136 
Total revenues139,662 43,193 691 183,546 
Benefits and expenses:   
Insurance benefits paid or provided:    
Claims and surrenders107,968 16,626 — 124,594 
Increase (decrease) in future policy benefit reserves(19,257)4,297 — (14,960)
Policyholder liability remeasurement (gain) loss2,499 (1,779)— 720 
Policyholders' dividends3,969 18 — 3,987 
Total insurance benefits paid or provided95,179 19,162 — 114,341 
Commissions24,913 9,426 — 34,339 
Other general expenses20,266 11,461 7,716 39,443 
Capitalization of deferred policy acquisition costs(24,544)(3,999)— (28,543)
Amortization of deferred policy acquisition costs11,862 2,193 — 14,055 
Amortization of cost of insurance acquired60 245 — 305 
Total benefits and expenses127,736 38,488 7,716 173,940 
Income (loss) before federal income tax$11,926 4,705 (7,025)9,606 
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Three Months Ended September 30, 2024
(In thousands)
Revenues:    
Premiums
Life insurance$32,005 10,456 — 42,461 
Accident and health insurance196 256 — 452 
Property insurance— (16)— (16)
Net investment income13,578 3,552 247 17,377 
Investment related gains (losses), net936 (111)2 827 
Other income630 — — 630 
Total revenues47,345 14,137 249 61,731 
Benefits and expenses:   
Insurance benefits paid or provided:    
Claims and surrenders30,083 6,395 — 36,478 
Increase (decrease) in future policy benefit reserves(1,497)1,968 — 471 
Policyholder liability remeasurement (gain) loss1,681 (524)— 1,157 
Policyholders' dividends1,314 6 — 1,320 
Total insurance benefits paid or provided31,581 7,845 — 39,426 
Commissions9,549 3,408 — 12,957 
Other general expenses6,791 3,756 1,548 12,095 
Capitalization of deferred policy acquisition costs(8,855)(1,575)— (10,430)
Amortization of deferred policy acquisition costs3,837 656 — 4,493 
Amortization of cost of insurance acquired26 127 — 153 
Total benefits and expenses42,929 14,217 1,548 58,694 
Income (loss) before federal income tax$4,416 (80)(1,299)3,037 
Life InsuranceHome Service InsuranceOther Non-Insurance EnterprisesConsolidated
Nine Months Ended September 30, 2024
(In thousands)
Revenues:    
Premiums:
Life insurance$91,105 31,718 — 122,823 
Accident and health insurance562 762 — 1,324 
Property insurance— (18)— (18)
Net investment income41,076 10,618 710 52,404 
Investment related gains (losses), net1,743 (179)(27)1,537 
Other income3,354 20 83 3,457 
Total revenues137,840 42,921 766 181,527 
Benefits and expenses:    
Insurance benefits paid or provided:    
Claims and surrenders86,616 17,505 — 104,121 
Increase (decrease) in future policy benefit reserves(4,959)4,829 — (130)
Policyholder liability remeasurement (gain) loss3,360 (524)— 2,836 
Policyholders' dividends3,731 17 — 3,748 
Total insurance benefits paid or provided88,748 21,827 — 110,575 
Commissions25,052 10,587 — 35,639 
Other general expenses19,752 11,176 9,144 40,072 
Capitalization of deferred policy acquisition costs(24,262)(5,042)— (29,304)
Amortization of deferred policy acquisition costs10,781 2,023 — 12,804 
Amortization of cost of insurance acquired81 396 — 477 
Total benefits and expenses120,152 40,967 9,144 170,263 
Income (loss) before federal income tax$17,688 1,954 (8,378)11,264 

The Company categorizes premiums in two categories - first year premiums are premiums received within the first 12 months of a policy's issuance and any premiums received thereafter are renewal premiums. A summary of the premiums for the Life Insurance segment is detailed below.


(In thousands)
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Life Insurance Segment:
Premiums:    
Direct premiums:
First year$8,2947,54124,00518,621
Renewal27,77326,49079,34476,608
Total direct premiums36,06734,031103,34995,229
Reinsurance
(3,282)(1,830)(8,767)(3,562)
Total premiums$32,78532,20194,58291,667
A summary of the Home Service Insurance segment life and A&H premium breakout is detailed below.


(In thousands)
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Home Service Insurance Segment:
Direct life and A&H premiums:  
First year$1,226 1,249 3,767 3,993 
Renewal9,299 9,468 28,227 28,511 
Total direct life and A&H premiums10,525 10,717 31,994 32,504 
Reinsurance(7)(5)(88)(24)
Total life and A&H premiums
$10,518 10,712 31,906 32,480 

The table below summarizes assets by segment.

As of September 30,
(In thousands)
20252024
Assets:  
Segments:
Life Insurance$1,333,849 1,325,855 
Home Service Insurance372,916 372,362 
Total Segments
1,706,765 1,698,217 
Other Non-Insurance Enterprises35,600 37,592 
Total assets$1,742,365 1,735,809 
GEOGRAPHIC INFORMATION

The following table sets forth the Company's annual total of earned premiums by country of policyholder residence for the periods indicated.

Three Months Ended
September 30,		Nine Months Ended
September 30,
(In thousands)
2025202420252024
Area:  
United States$17,473 15,203 50,956 42,602 
Colombia7,088 6,512 20,103 18,538 
Ecuador3,527 3,421 10,093 9,610 
Taiwan3,031 3,520 10,084 11,679 
Venezuela3,258 3,828 9,930 10,806 
Argentina3,180 2,790 8,199 7,561 
Other foreign countries9,717 9,935 28,414 28,283 
Reinsurance and change in premium accruals(3,971)(2,312)(11,291)(4,950)
Total premiums$43,303 42,897 126,488 124,129