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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,438 $ 661
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization of deferred acquisition costs 5,490 5,384
Acquisition costs deferred (6,680) (6,064)
Realized investment gains (1,428) (71)
Increase (decrease) in insurance reserves 2,078 (499)
Depreciation and amortization 220 187
Deferred income tax expense 18 295
Decrease (increase) in receivables, net 1,945 (416)
Decrease in other liabilities (3,235) (513)
Other, net (144) (7)
Net cash provided by (used in) operating activities 702 (1,043)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investments sold, called or matured 32,849 26,884
Investments purchased (31,947) (28,987)
Additions to property and equipment (148) (28)
Net cash provided by (used in) investing activities 754 (2,131)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 100 0
Payment of dividends on Series D Preferred Stock (508) 0
Payment of dividends on common stock (426) (445)
Purchase of shares for treasury (49) (54)
Net cash used in financing activities (883) (499)
Net increase (decrease) in cash and cash equivalents 573 (3,673)
Cash and cash equivalents at beginning of period 21,285 28,325
Cash and cash equivalents at end of period 21,858 24,652
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,314 1,293
Cash paid for income taxes $ 80 $ 0