estimated unpaid losses on reported claims are developed based on historical experience with similar claims by the company . development on reported claims , estimates of unpaid ultimate losses on claims incurred prior to december 31 , 2014 but not yet reported , and estimates of unpaid loss adjustment expenses are developed based on the company 's historical experience , using actuarial methods to assist in the analysis . the company 's actuaries develop ranges of estimated development on reported and unreported claims as well as loss adjustment expenses using various methods , including the paid-loss development method , the reported-loss development method , the paid bornhuetter-ferguson method and the reported bornhuetter-ferguson method . any single method used to estimate ultimate losses has inherent advantages and disadvantages due to the trends and changes affecting the business environment and the company 's administrative policies . further , external factors , such as legislative changes , medical cost inflation , and others may directly or indirectly impact the relative adequacy of liabilities for unpaid losses and loss adjustment expenses . the company 's approach is to select an estimate of ultimate losses based on comparing results of a variety of reserving methods , as opposed to total reliance on any single method . unpaid loss and loss adjustment expenses are reviewed periodically for significant lines of business , and when current results differ from the original assumptions used to develop such estimates , the amount of the company 's recorded liability for unpaid loss and loss adjustment expenses is adjusted . in the event the company 's actual reported losses in any period are materially in excess of the previously estimated amounts , such losses , to the extent reinsurance coverage does not exist , could have a material adverse effect on the company 's results of operations . future policy benefits comprised 33 % of the company 's total liabilities at december 31 , 2014. these liabilities relate primarily to life insurance products and are based upon assumed future investment yields , mortality rates , and withdrawal rates after giving effect to possible risks of adverse deviation . the assumed mortality and withdrawal rates are based upon the company 's experience . if actual results differ from the initial assumptions , the amount of the company 's recorded liability could require adjustment . deferred acquisition costs comprised 9 % of the company 's total assets at december 31 , 2014. deferred acquisition costs are commissions , premium taxes , and other costs that vary with and are primarily related to the acquisition of new and renewal business and are generally deferred and amortized . the deferred amounts are recorded as an asset on the balance sheet and amortized to expense in a systematic manner . traditional life insurance and long-duration health insurance deferred policy acquisition costs are amortized over the estimated premium-paying period of the related policies using assumptions consistent with those used in computing the related liability for policy benefit reserves . deferred acquisition costs for property and casualty insurance and short-duration health insurance are amortized over the effective period of the related insurance policies . deferred policy acquisition costs are expensed when such costs are deemed not to be recoverable from future premiums ( for traditional life and long-duration health insurance ) and from the related unearned premiums and investment income ( for property and casualty and short-duration health insurance ) . assessments of recoverability for property and casualty and short-duration health insurance are extremely sensitive to the estimates of a subsequent year 's projected losses related to the unearned premiums . projected loss estimates for a current block of business for which unearned premiums remain to be earned may vary significantly from the indicated losses incurred in any previous calendar year . receivables are amounts due from reinsurers , insureds and agents , and any sales of investment securities not yet settled , and comprised 8 % of the company 's total assets at december 31 , 2014. insured and agent balances are evaluated periodically for collectibility . annually , the company performs an analysis of the creditworthiness of the reinsurers with whom the company contracts using various data sources . failure of reinsurers to meet their obligations due to insolvencies , disputes or otherwise could result in uncollectible amounts and losses to the company . allowances for uncollectible amounts are established , as and when a loss has been determined probable , against the related receivable . losses are recognized by the company when determined on a specific account basis and a general provision for loss is made based on the company 's historical experience . cash and investments comprised 81 % of the company 's total assets at december 31 , 2014. substantially all of the company 's investments are in bonds and common and preferred stocks , the values of which are subject to significant market fluctuations . the company carries all investments as available for sale and , accordingly , at their estimated fair values . the company owns certain fixed maturities that do not have publicly quoted values , but had an estimated fair value as determined by management of $ 2.2 million at december 31 , 2014. such values inherently involve a greater degree of judgment and uncertainty and therefore ultimately greater price 17 volatility than the value of securities with publicly quoted market values . on occasion , the value of an investment may decline to a value below its amortized purchase price and remain at such value for an extended period of time . when an investment 's indicated fair value has declined below its cost basis for a period of time , the company evaluates such investment for an other than temporary impairment . story_separator_special_tag 22 the company had net realized investment gains of $ 1.6 million in 2014 compared to net realized investment gains of $ 8.7 million in 2013. the net realized investment gains in 2014 resulted from the disposition of several of the company 's investments in fixed maturities . the net realized investment gains in 2013 were primarily due to the sale of a number of the company 's investments in longer-term fixed maturities discussed previously . during 2014 , the company recorded investment impairments due to other than temporary declines in values of $ 0.2 million on certain of its investments in non-redeemable preferred stocks . while the impairments did not impact the carrying value of these investments , they resulted in realized losses which reduced reported realized gains . there were no impairments recorded in 2013. management continually evaluates the company 's investment portfolio and , as may be determined to be appropriate , makes adjustments for impairments and or will divest investments . see note 2 of notes to consolidated financial statements . interest expense interest expense decreased $ 0.3 million , or 15.3 % , in 2014 as compared to 2013. the decrease in interest expense was primarily due to the termination of the company 's zero cost interest rate collar with wells fargo bank , national association ( wells fargo ) on march 4 , 2013 , the stated maturity date , by its terms . the interest rate collar had a london interbank offered rate ( libor ) floor of 4.77 % . as a result of interest rates remaining below the libor floor , the company was making payments to wells fargo under the interest rate collar through the maturity date . also contributing to the decrease in interest expense was a decrease in the outstanding amount of junior subordinated debentures . on august 4 , 2014 , the company acquired $ 7.5 million of principal amount junior subordinated debentures , which decreased the outstanding balance to $ 33.7 million and resulted in prospectively lower interest expense . other expenses other expenses ( commissions , underwriting expenses , and other expenses ) increased $ 1.7 million , or 3.3 % , in 2014 as compared to 2013. the increase in other expenses was primarily attributable to increases in agency and underwriting related expenses in the life and health operations , amortization of deferred acquisition costs exceeding deferrals due to lower levels of new business as well as the increase of $ 0.4 million in amortization of unearned compensation from stock awards . further , there was also an increase in severance expense of $ 0.1 million related to an increase in the number of employee separations in 2014 as compared to 2013. partially offsetting the increase in other expenses was the $ 1.6 million decrease in commission accruals at american southern due to recent increased loss experience . the majority of american southern 's business is structured in a way that agents are compensated based upon the loss ratios of the business they place with the company . during periods in which the loss ratio increases , commissions and underwriting expenses will generally decrease , and conversely , during periods in which the loss ratio decreases , commissions and underwriting expenses will generally increase . as a percentage of earned premiums , other expenses were 34.9 % in 2014 as compared with 35.6 % in 2013. the decrease in the expense ratio was primarily due to the decrease in commission accruals at american southern discussed previously . income taxes the primary differences between the effective tax rate and the federal statutory income tax rate resulted from the dividends-received deduction ( drd ) , the small life insurance company deduction ( sld ) and the change in deferred tax asset valuation allowance . the current estimated drd is adjusted as underlying factors change and can vary from estimates based on , but not limited to , actual distributions from investments as well as the amount of the company 's taxable income . the sld varies in amount and is determined at a rate of 60 percent of the tentative life insurance company taxable income ( licti ) . the sld for any taxable year is reduced ( but not below zero ) by 15 percent of the tentative licti for such taxable year as it exceeds $ 3.0 million and is ultimately phased out at $ 15.0 million . the change in deferred tax asset valuation allowance was due to the unanticipated utilization of certain capital loss carryforward benefits that had been previously reduced to zero through an existing valuation allowance reserve . story_separator_special_tag times new roman , times , serif ; font-size : 10.67px ; font-variant : normal ; font-weight : bold `` > increased level of investing exceeding normal sales and maturities , additions to property and equipment of $ 4.1 million , the purchase of junior subordinated debentures for treasury for $ 6.8 million , the redemption of 10,000 shares of the series d preferred stock for $ 1.0 million , dividends paid on the company 's common stock and series d preferred stock of $ 0.8 million and $ 0.5 million , respectively , and the purchase of shares for treasury for $ 2.6 million . partially offsetting the decrease was the net cash provided by operations of $ 4.5 million during 2014. the company believes that existing cash balances as well as the dividends , fees , and tax-sharing payments it expects to receive from its subsidiaries and , if needed , additional borrowings from financial institutions , will enable the company to meet its liquidity requirements for the foreseeable future . management is not aware of any current recommendations by regulatory authorities , which , if implemented , would have a material adverse effect on the company 's liquidity , capital resources or operations . new accounting pronouncements see recently issued accounting standards in note 1 of notes to

liquidity and capital resources the primary cash needs of the company are for the payment of claims and operating expenses , maintaining adequate statutory capital and surplus levels , and meeting debt service requirements . current and expected patterns of claim frequency and severity may change from period to period but generally are expected to 23 continue within historical ranges . the company 's primary sources of cash are written premiums , investment income and proceeds from the sale and maturity of its invested assets . the company believes that , within each operating company , total invested assets will be sufficient to satisfy all policy liabilities and that cash inflows from investment earnings , future premium receipts and reinsurance collections will be adequate to fund the payment of claims and expenses as needed . cash flows at the parent are derived from dividends , management fees , and tax-sharing payments , as described below , from the subsidiaries . the cash needs of the parent are for the payment of operating expenses , the acquisition of capital assets and debt service requirements , as well as the repurchase of shares and payments of any dividends as may be authorized and approved by the company 's board of directors from time to time . at december 31 , 2014 , the parent had approximately $ 19.7 million of unrestricted cash and investments . dividend payments to a parent corporation by its wholly owned insurance subsidiaries are subject to annual limitations and are restricted to 10 % of statutory surplus or statutory earnings before recognizing realized investment gains of the individual insurance subsidiaries . at december 31 , 2014 , the parent 's insurance subsidiaries had an aggregate statutory surplus of $ 73.0 million . dividends were paid to atlantic american by its subsidiaries totaling $ 6.5 million and $ 6.6 million in 2014 and 2013 , respectively . the parent provides certain administrative , purchasing and other services to each of its subsidiaries .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources the primary cash needs of the company are for the payment of claims and operating expenses , maintaining adequate statutory capital and surplus levels , and meeting debt service requirements . current and expected patterns of claim frequency and severity may change from period to period but generally are expected to 23 continue within historical ranges . the company 's primary sources of cash are written premiums , investment income and proceeds from the sale and maturity of its invested assets . the company believes that , within each operating company , total invested assets will be sufficient to satisfy all policy liabilities and that cash inflows from investment earnings , future premium receipts and reinsurance collections will be adequate to fund the payment of claims and expenses as needed . cash flows at the parent are derived from dividends , management fees , and tax-sharing payments , as described below , from the subsidiaries . the cash needs of the parent are for the payment of operating expenses , the acquisition of capital assets and debt service requirements , as well as the repurchase of shares and payments of any dividends as may be authorized and approved by the company 's board of directors from time to time . at december 31 , 2014 , the parent had approximately $ 19.7 million of unrestricted cash and investments . dividend payments to a parent corporation by its wholly owned insurance subsidiaries are subject to annual limitations and are restricted to 10 % of statutory surplus or statutory earnings before recognizing realized investment gains of the individual insurance subsidiaries . at december 31 , 2014 , the parent 's insurance subsidiaries had an aggregate statutory surplus of $ 73.0 million . dividends were paid to atlantic american by its subsidiaries totaling $ 6.5 million and $ 6.6 million in 2014 and 2013 , respectively . the parent provides certain administrative , purchasing and other services to each of its subsidiaries .
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 Suspicious Activity Report : estimated unpaid losses on reported claims are developed based on historical experience with similar claims by the company . development on reported claims , estimates of unpaid ultimate losses on claims incurred prior to december 31 , 2014 but not yet reported , and estimates of unpaid loss adjustment expenses are developed based on the company 's historical experience , using actuarial methods to assist in the analysis . the company 's actuaries develop ranges of estimated development on reported and unreported claims as well as loss adjustment expenses using various methods , including the paid-loss development method , the reported-loss development method , the paid bornhuetter-ferguson method and the reported bornhuetter-ferguson method . any single method used to estimate ultimate losses has inherent advantages and disadvantages due to the trends and changes affecting the business environment and the company 's administrative policies . further , external factors , such as legislative changes , medical cost inflation , and others may directly or indirectly impact the relative adequacy of liabilities for unpaid losses and loss adjustment expenses . the company 's approach is to select an estimate of ultimate losses based on comparing results of a variety of reserving methods , as opposed to total reliance on any single method . unpaid loss and loss adjustment expenses are reviewed periodically for significant lines of business , and when current results differ from the original assumptions used to develop such estimates , the amount of the company 's recorded liability for unpaid loss and loss adjustment expenses is adjusted . in the event the company 's actual reported losses in any period are materially in excess of the previously estimated amounts , such losses , to the extent reinsurance coverage does not exist , could have a material adverse effect on the company 's results of operations . future policy benefits comprised 33 % of the company 's total liabilities at december 31 , 2014. these liabilities relate primarily to life insurance products and are based upon assumed future investment yields , mortality rates , and withdrawal rates after giving effect to possible risks of adverse deviation . the assumed mortality and withdrawal rates are based upon the company 's experience . if actual results differ from the initial assumptions , the amount of the company 's recorded liability could require adjustment . deferred acquisition costs comprised 9 % of the company 's total assets at december 31 , 2014. deferred acquisition costs are commissions , premium taxes , and other costs that vary with and are primarily related to the acquisition of new and renewal business and are generally deferred and amortized . the deferred amounts are recorded as an asset on the balance sheet and amortized to expense in a systematic manner . traditional life insurance and long-duration health insurance deferred policy acquisition costs are amortized over the estimated premium-paying period of the related policies using assumptions consistent with those used in computing the related liability for policy benefit reserves . deferred acquisition costs for property and casualty insurance and short-duration health insurance are amortized over the effective period of the related insurance policies . deferred policy acquisition costs are expensed when such costs are deemed not to be recoverable from future premiums ( for traditional life and long-duration health insurance ) and from the related unearned premiums and investment income ( for property and casualty and short-duration health insurance ) . assessments of recoverability for property and casualty and short-duration health insurance are extremely sensitive to the estimates of a subsequent year 's projected losses related to the unearned premiums . projected loss estimates for a current block of business for which unearned premiums remain to be earned may vary significantly from the indicated losses incurred in any previous calendar year . receivables are amounts due from reinsurers , insureds and agents , and any sales of investment securities not yet settled , and comprised 8 % of the company 's total assets at december 31 , 2014. insured and agent balances are evaluated periodically for collectibility . annually , the company performs an analysis of the creditworthiness of the reinsurers with whom the company contracts using various data sources . failure of reinsurers to meet their obligations due to insolvencies , disputes or otherwise could result in uncollectible amounts and losses to the company . allowances for uncollectible amounts are established , as and when a loss has been determined probable , against the related receivable . losses are recognized by the company when determined on a specific account basis and a general provision for loss is made based on the company 's historical experience . cash and investments comprised 81 % of the company 's total assets at december 31 , 2014. substantially all of the company 's investments are in bonds and common and preferred stocks , the values of which are subject to significant market fluctuations . the company carries all investments as available for sale and , accordingly , at their estimated fair values . the company owns certain fixed maturities that do not have publicly quoted values , but had an estimated fair value as determined by management of $ 2.2 million at december 31 , 2014. such values inherently involve a greater degree of judgment and uncertainty and therefore ultimately greater price 17 volatility than the value of securities with publicly quoted market values . on occasion , the value of an investment may decline to a value below its amortized purchase price and remain at such value for an extended period of time . when an investment 's indicated fair value has declined below its cost basis for a period of time , the company evaluates such investment for an other than temporary impairment . story_separator_special_tag 22 the company had net realized investment gains of $ 1.6 million in 2014 compared to net realized investment gains of $ 8.7 million in 2013. the net realized investment gains in 2014 resulted from the disposition of several of the company 's investments in fixed maturities . the net realized investment gains in 2013 were primarily due to the sale of a number of the company 's investments in longer-term fixed maturities discussed previously . during 2014 , the company recorded investment impairments due to other than temporary declines in values of $ 0.2 million on certain of its investments in non-redeemable preferred stocks . while the impairments did not impact the carrying value of these investments , they resulted in realized losses which reduced reported realized gains . there were no impairments recorded in 2013. management continually evaluates the company 's investment portfolio and , as may be determined to be appropriate , makes adjustments for impairments and or will divest investments . see note 2 of notes to consolidated financial statements . interest expense interest expense decreased $ 0.3 million , or 15.3 % , in 2014 as compared to 2013. the decrease in interest expense was primarily due to the termination of the company 's zero cost interest rate collar with wells fargo bank , national association ( wells fargo ) on march 4 , 2013 , the stated maturity date , by its terms . the interest rate collar had a london interbank offered rate ( libor ) floor of 4.77 % . as a result of interest rates remaining below the libor floor , the company was making payments to wells fargo under the interest rate collar through the maturity date . also contributing to the decrease in interest expense was a decrease in the outstanding amount of junior subordinated debentures . on august 4 , 2014 , the company acquired $ 7.5 million of principal amount junior subordinated debentures , which decreased the outstanding balance to $ 33.7 million and resulted in prospectively lower interest expense . other expenses other expenses ( commissions , underwriting expenses , and other expenses ) increased $ 1.7 million , or 3.3 % , in 2014 as compared to 2013. the increase in other expenses was primarily attributable to increases in agency and underwriting related expenses in the life and health operations , amortization of deferred acquisition costs exceeding deferrals due to lower levels of new business as well as the increase of $ 0.4 million in amortization of unearned compensation from stock awards . further , there was also an increase in severance expense of $ 0.1 million related to an increase in the number of employee separations in 2014 as compared to 2013. partially offsetting the increase in other expenses was the $ 1.6 million decrease in commission accruals at american southern due to recent increased loss experience . the majority of american southern 's business is structured in a way that agents are compensated based upon the loss ratios of the business they place with the company . during periods in which the loss ratio increases , commissions and underwriting expenses will generally decrease , and conversely , during periods in which the loss ratio decreases , commissions and underwriting expenses will generally increase . as a percentage of earned premiums , other expenses were 34.9 % in 2014 as compared with 35.6 % in 2013. the decrease in the expense ratio was primarily due to the decrease in commission accruals at american southern discussed previously . income taxes the primary differences between the effective tax rate and the federal statutory income tax rate resulted from the dividends-received deduction ( drd ) , the small life insurance company deduction ( sld ) and the change in deferred tax asset valuation allowance . the current estimated drd is adjusted as underlying factors change and can vary from estimates based on , but not limited to , actual distributions from investments as well as the amount of the company 's taxable income . the sld varies in amount and is determined at a rate of 60 percent of the tentative life insurance company taxable income ( licti ) . the sld for any taxable year is reduced ( but not below zero ) by 15 percent of the tentative licti for such taxable year as it exceeds $ 3.0 million and is ultimately phased out at $ 15.0 million . the change in deferred tax asset valuation allowance was due to the unanticipated utilization of certain capital loss carryforward benefits that had been previously reduced to zero through an existing valuation allowance reserve . story_separator_special_tag times new roman , times , serif ; font-size : 10.67px ; font-variant : normal ; font-weight : bold `` > increased level of investing exceeding normal sales and maturities , additions to property and equipment of $ 4.1 million , the purchase of junior subordinated debentures for treasury for $ 6.8 million , the redemption of 10,000 shares of the series d preferred stock for $ 1.0 million , dividends paid on the company 's common stock and series d preferred stock of $ 0.8 million and $ 0.5 million , respectively , and the purchase of shares for treasury for $ 2.6 million . partially offsetting the decrease was the net cash provided by operations of $ 4.5 million during 2014. the company believes that existing cash balances as well as the dividends , fees , and tax-sharing payments it expects to receive from its subsidiaries and , if needed , additional borrowings from financial institutions , will enable the company to meet its liquidity requirements for the foreseeable future . management is not aware of any current recommendations by regulatory authorities , which , if implemented , would have a material adverse effect on the company 's liquidity , capital resources or operations . new accounting pronouncements see recently issued accounting standards in note 1 of notes to

