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Adoption of Accounting Pronouncements Adoption of Accounting Pronoucements (Tables)
9 Months Ended
Sep. 30, 2012
Adoption of Accounting Pronouncements [Abstract]  
Schedule Of New Accounting Pronouncements Balance Sheet Information [Table Text Block]
Balance Sheet Information
December 31, 2011
 
 
 
 
 
 
($ in thousands)
 
As Originally
Reported
 
Effect of
Change
 
As Adopted
Deferred policy acquisition costs
 
$
214,069

 
(78,308
)
 
135,761

Deferred federal income tax recoverable 1
 
92,078

 
27,408

 
119,486

Retained earnings
 
1,167,219

 
(50,900
)
 
1,116,319

  
1 Included in the deferred federal income tax recoverable amount is an adjustment of $0.6 million reflecting the revaluation of a deferred tax asset acquired as part of the purchase of Mesa Underwriters Specialty Insurance Company ("MUSIC" ). For additional information, see Footnote 14, "Federal Income Taxes" below.
Schedule Of New Accounting Pronouncements Income Statement Information [Table Text Block]
1
Income Statement Information
Quarter ended September 30, 2011
 
 
 
 
 
 
($ in thousands, except per share amounts)
 
As Originally
Reported
 
Effect of
Change
 
As Adopted
Policy acquisition costs
 
$
119,456

 
(3,345
)
 
116,111

Deferred federal income tax expense (benefit)
 
(1,335
)
 
1,171

 
(164
)
Net income (loss)
 
(20,142
)
 
2,174

 
(17,968
)
Net income (loss) per share:
 
 

 
 

 
 

Basic
 
$
(0.37
)
 
0.04

 
(0.33
)
Diluted
 
(0.37
)
 
0.04

 
(0.33
)
 
Income Statement Information
Nine months ended September 30, 2011
 
 
 
 
 
 
($ in thousands, except per share amounts)
 
As Originally
Reported
 
Effect of
Change
 
As Adopted
Policy acquisition costs
 
$
346,729

 
(411
)
 
346,318

Deferred federal income tax expense (benefit)
 
(3,603
)
 
144

 
(3,459
)
Net income (loss)
 
$
3,732

 
267

 
3,999

Net income (loss) per share:
 
 
 
 
 
 
Basic
 
$
0.07

 

 
0.07

Diluted
 
0.07

 

 
0.07

Schedule Of New Accounting Pronouncements Cash Flow Statement Information [Table Text Block]
Cash Flow Information
Nine months ended September 30, 2011
 
 
 
 
 
 
($ in thousands, except per share amounts)
 
As Originally
Reported
 
Effect of
Change
 
As Adopted
(Increase) decrease in deferred policy acquisition costs
 
$
(10,417
)
 
(411
)
 
(10,828
)
Increase (decrease) in net federal income taxes recoverable
 
(9,570
)
 
144

 
(9,426
)