Schedule I - Summay of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2013

Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Summary of Investments- Other than Investments in Related Parties



Types of investment
($ in thousands)	Amortized Cost or Cost		Fair Value	Carrying Amount
Fixed maturity securities:
Held-to-maturity:
Foreign government obligations	$	5,292	5,591	5,423
Obligations of states and political subdivisions	348,109		369,756	352,122
Public utilities	12,294		13,234	12,250
All other corporate securities	15,880		17,040	15,578
Asset-backed securities	3,413		3,415	2,758
Commercial mortgage-backed securities	5,634		7,945	4,748
Total fixed maturity securities, held-to-maturity	390,622		416,981	392,879

Available-for-sale:
U.S. government and government agencies	163,218		173,375	173,375
Foreign government obligations	29,781		30,615	30,615
Obligations of states and political subdivisions	946,455		951,624	951,624
Public utilities	146,792		146,453	146,453
All other corporate securities	1,561,136		1,588,430	1,588,430
Asset-backed securities	140,430		140,896	140,896
Commercial mortgage-backed securities	172,288		171,284	171,284
Residential mortgage-backed securities	515,877		512,859	512,859
Total fixed maturity securities, available-for-sale	3,675,977		3,715,536	3,715,536

Equity securities:
Common stock:
Public utilities	7,939		7,934	7,934
Banks, trust and insurance companies	26,884		31,446	31,446
Industrial, miscellaneous and all other	120,527		153,391	153,391
Total equity securities, available-for-sale	155,350		192,771	192,771
Short-term investments	174,251		174,251	174,251
Other investments	107,875			107,875
Total investments	$	4,504,075		4,583,312

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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