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Segment Information (Tables)
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Revenue from Continuing Operations By Segment
Revenue by Segment
 
 
 
 
 
 
Years ended December 31,
 
 
 
 
 
 
($ in thousands)
 
2012
 
2011
 
2010
Standard Insurance Operations:
 
 

 
 

 
 

Net premiums earned:
 
 

 
 

 
 

Commercial automobile
 
$
288,010

 
279,610

 
291,495

Workers compensation
 
262,108

 
259,354

 
252,441

General liability
 
373,381

 
344,682

 
336,475

Commercial property
 
202,340

 
192,989

 
199,252

Business owners’ policies
 
68,462

 
66,225

 
65,260

Bonds
 
18,891

 
18,910

 
19,243

Other
 
12,143

 
9,177

 
10,116

Total standard Commercial Lines
 
1,225,335

 
1,170,947

 
1,174,282

Personal automobile
 
152,142

 
148,824

 
141,962

Homeowners
 
113,850

 
102,764

 
87,862

Other
 
13,563

 
12,864

 
12,492

Total standard Personal Lines
 
279,555

 
264,452

 
242,316

Total Standard Insurance Operations net premiums earned
 
1,504,890

 
1,435,399

 
1,416,598

Miscellaneous income
 
8,827

 
8,069

 
9,230

Total Standard Insurance Operations revenue
 
1,513,717

 
1,443,468

 
1,425,828

E&S Insurance Operations:
 
 
 
 
 
 
Net premiums earned
 
79,229

 
3,914

 

Investments:
 
 

 
 

 
 

Net investment income
 
131,877

 
147,443

 
145,708

Net realized gains (losses) on investments
 
8,988

 
2,240

 
(7,083
)
Total investment revenues
 
140,865

 
149,683

 
138,625

Total all segments
 
1,733,811

 
1,597,065

 
1,564,453

Other income
 
291

 
410

 
168

Total revenues from continuing operations
 
$
1,734,102

 
1,597,475

 
1,564,621

Income From Continuing Operations, Before Federal Income Tax
Income before federal income tax
 
 
 
 
 
 
Years ended December 31,
 
 
 
 
 
 
($ in thousands)
 
2012
 
2011
 
2010
Standard Insurance Operations:
 
 

 
 

 
 

Commercial Lines underwriting (loss) gain
 
$
(40,935
)
 
(49,952
)
 
180

Personal Lines underwriting loss
 
(3,514
)
 
(46,971
)
 
(20,154
)
Total Standard Insurance Operations underwriting loss, before federal income tax
 
(44,449
)
 
(96,923
)
 
(19,974
)
GAAP combined ratio
 
103.0
%
 
106.8

 
101.4

Statutory combined ratio
 
102.5
%
 
106.4

 
101.6

 
 
 
 
 
 
 
E&S Insurance Operations:
 
 
 
 
 
 
Underwriting loss
 
(19,558
)
 
(6,661
)
 

GAAP combined ratio
 
124.7
%
 
270.2

 

Statutory combined ratio
 
118.8
%
 
131.3

 

 
 
 
 
 
 
 
Investments:
 
 

 
 

 
 

Net investment income
 
131,877

 
147,443

 
145,708

Net realized gains (losses) on investments
 
8,988

 
2,240

 
(7,083
)
Total investment income, before federal income tax
 
140,865

 
149,683

 
138,625

 
 
 
 
 
 
 
Total all segments
 
76,858

 
46,099

 
118,651

Interest expense
 
(18,872
)
 
(18,259
)
 
(18,616
)
General corporate and other expenses
 
(20,351
)
 
(16,440
)
 
(15,886
)
 
 
 
 
 
 
 
Income from continuing operations, before federal income tax
 
$
37,635

 
11,400

 
84,149