Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Investments: |
|
|
| Fixed maturity securities available for sale, at fair value (amortized cost — $77,093 in 2015 and $85,562 in 2014) |
$ 85,748
|
$ 97,469
|
| Equity securities available for sale, at fair value (cost — $6,932 in 2015 and $7,333 in 2014) |
7,419
|
7,968
|
| Commercial mortgage loans on real estate, at amortized cost |
15,311
|
19,772
|
| Policy loans |
244
|
217
|
| Short-term investments |
10,498
|
7,202
|
| Other investments |
0
|
172
|
| Total investments |
119,220
|
132,800
|
| Cash and cash equivalents |
995
|
120
|
| Premiums and accounts receivable |
1,575
|
1,679
|
| Reinsurance recoverables |
260,281
|
250,172
|
| Tax receivable |
0
|
738
|
| Accrued investment income |
1,137
|
1,239
|
| Other assets |
751
|
487
|
| Assets held in separate accounts |
11,308
|
11,953
|
| Total assets |
395,267
|
399,188
|
| Liabilities |
|
|
| Future policy benefits and expenses |
216,602
|
210,978
|
| Unearned premiums |
4,004
|
4,281
|
| Claims and benefits payable |
107,075
|
108,426
|
| Commissions payable |
202
|
266
|
| Reinsurance balances payable |
40
|
46
|
| Funds held under reinsurance |
190
|
167
|
| Deferred gain on disposal of businesses |
2,158
|
2,489
|
| Accounts payable and other liabilities |
2,961
|
4,591
|
| Due to affiliates |
233
|
276
|
| Tax payable |
886
|
0
|
| Liabilities related to separate accounts |
11,308
|
11,953
|
| Total liabilities |
$ 345,659
|
$ 343,473
|
| Commitments and contingencies |
|
|
| Stockholder's equity |
|
|
| Common stock, par value $20 per share, 100,000 shares authorized, issued, and outstanding |
$ 2,000
|
$ 2,000
|
| Additional paid-in capital |
41,557
|
44,174
|
| Retained earnings |
0
|
1,280
|
| Accumulated other comprehensive income |
6,051
|
8,261
|
| Total stockholder's equity |
49,608
|
55,715
|
| Total liabilities and stockholder's equity |
$ 395,267
|
$ 399,188
|