Segment Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Schedule of Financial Performance of Reportable Segments
The following schedule provides the financial performance of each of the three reportable operating segments of the Company.
 
 
 
Individual
 
Group
 
Old
 
Intercompany
 
 
 
 
 
 
Insurance
 
Insurance
 
American
 
Eliminations1
 
Consolidated
 
Insurance revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Third quarter:
2014
 
$
38,205

 
$
14,735

 
$
19,182

 
$
(101
)
 
$
72,021

 
 
2013
 
41,825

 
13,231

 
18,067

 
(100
)
 
73,023

 
Nine months:
2014
 
115,196

 
43,362

 
56,520

 
(304
)
 
214,774

 
 
2013
 
132,877

 
38,782

 
54,386

 
(297
)
 
225,748

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net investment income:
 
 
 
 
 
 
 
 
 
 
 
 
Third quarter:
2014
 
$
37,697

 
$
132

 
$
2,779

 
$
—

 
$
40,608

 
 
2013
 
38,831

 
301

 
2,829

 
—

 
41,961

 
Nine months:
2014
 
113,753

 
392

 
8,505

 
—

 
122,650

 
 
2013
 
118,001

 
550

 
8,698

 
—

 
127,249

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total benefits and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Third quarter:
2014
 
$
69,309

 
$
14,461

 
$
20,390

 
$
(101
)
 
$
104,059

 
 
2013
 
75,774

 
13,233

 
19,736

 
(100
)
 
108,643

 
Nine months:
2014
 
209,636

 
43,486

 
62,444

 
(304
)
 
315,262

 
 
2013
 
231,532

 
38,257

 
60,189

 
(297
)
 
329,681

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income:
 
 
 
 
 
 
 
 
 
 
 
 
Third quarter:
2014
 
$
6,519

 
$
296

 
$
975

 
$
—

 
$
7,790

 
 
2013
 
6,030

 
216

 
864

 
—

 
7,110

 
Nine months:
2014
 
19,672

 
273

 
1,804

 
—

 
21,749

 
 
2013
 
20,424

 
766

 
1,959

 
—

 
23,149

 
1 
Elimination entries to remove intercompany transactions for life and accident and health insurance that the Company purchases for its employees and agents were as follows: insurance revenues from the Group Insurance segment and operating expenses from the Individual Insurance segment to arrive at Consolidated Statements of Comprehensive Income.