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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2011
Business Combinations [Abstract]  
Assets and Liabilities Purchased in the MUSIC Transaction

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS:

 

 

 

LIABILITIES:

 

 

     Investments

$

48,437 

 

     Reserve for losses and loss expenses

$

58,836

     Cash

 

3,436 

 

     Unearned premium

 

28,520

     Interest and dividends due or accrued

 

54 

 

     Accrued salaries and benefits

 

43

     Premiums receivable

 

7,073 

 

 

 

 

     Reinsurance recoverables, net

 

43,978 

 

     Other liabilities

 

6,742

     Prepaid reinsurance premiums

 

28,520

 

                    Total Liabilities

$

94,141

     Property, plant and equipment

 

219 

 

 

 

 

     Deferred federal income taxes

 

6,221

 

 

 

 

 

 

 

 

 

 

 

     Other assets

 

7,525

 

 

 

 

                    Total Assets

$

145,463