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Segment Information (Tables)
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Revenue from Continuing Operations By Segment

Revenue from Continuing Operations by Segment

 

 

 

 

 

 

Years ended December 31,

 

 

 

 

 

 

($ in thousands)

 

2011

 

2010

 

2009

Insurance Operations:

 

 

 

 

 

 

Net premiums earned:

 

 

 

 

 

 

    Commercial automobile

$

279,610

 

291,495 

 

300,562 

    Workers compensation

 

259,354

 

252,441 

 

263,490 

    General liability

 

344,682

 

336,475 

 

362,479 

    Commercial property

 

192,989

 

199,252 

 

197,665 

    Business owners' policies

 

66,225

 

65,260 

 

62,638 

    Bonds

 

18,910

 

19,243 

 

18,455 

    Other

 

13,091

 

10,116 

 

9,663 

    Total Commercial Lines

 

1,174,861

 

1,174,282 

 

1,214,952 

    Personal automobile

 

148,824

 

141,962 

 

133,320 

    Homeowners

 

102,764

 

87,862 

 

73,076 

    Other

 

12,864

 

12,492 

 

9,699 

    Total Personal Lines

 

264,452

 

242,316 

 

216,095 

    Total net premiums earned

 

1,439,313

 

1,416,598 

 

1,431,047 

    Miscellaneous income

 

8,069

 

9,230 

 

10,440 

    Total Insurance Operations revenues

 

1,447,382

 

1,425,828 

 

1,441,487 

Investments:

 

 

 

 

 

 

    Net investment income

 

147,443

 

145,708 

 

118,471 

    Net realized gains (losses) on investments

 

2,240

 

    (7,083)

 

(45,970)

   Total investment revenues

 

149,683

 

138,625 

 

72,501 

Total all segments

 

1,597,065

 

1,564,453 

 

1,513,988 

    Other income

 

410

 

168 

 

30 

Total revenues from continuing operations

$

1,597,475

 

1,564,621 

 

1,514,018 

Income From Continuing Operations, Before Federal Income Tax

Income from Continuing Operations, Before Federal Income Tax

 

 

 

 

 

 

Years ended December 31,

 

 

 

 

 

 

($ in thousands)

 

2011

 

2010

 

2009

Insurance Operations:

 

 

 

 

 

 

    Commercial Lines underwriting

$

(59,428)

 

   (1,668)

 

14,388 

    Personal Lines underwriting

 

(47,491)

 

(20,499)

 

(12,003)

    Underwriting (loss) income, before federal income tax

 

(106,919)

 

(22,167)

 

2,385 

    GAAP combined ratio

 

107.4

%

101.6 

%

99.8 

    Statutory combined ratio

 

106.7

%

101.6 

%

100.5 

Investments:

 

 

 

 

 

 

    Net investment income

$

147,443

 

145,708 

 

118,471 

    Net realized gains (losses) on investments

 

2,240

 

  (7,083)

 

(45,970)

   Total investment income, before federal income tax

 

149,683

 

138,625 

 

72,501 

Total all segments

 

42,764

 

116,458 

 

74,886 

    Interest expense

 

(18,259) 

 

 (18,616)

 

(19,386)

    General corporate and other expenses

 

(16,440)

 

(15,886)

 

(16,314)

 

 

 

 

 

 

 

Income from continuing operations, before federal income tax

$

8,065

 

81,956 

 

39,186