XML 142 R49.htm IDEA: XBRL DOCUMENT v2.4.0.8

Federal Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Reconciliation of Federal Income Tax on Income at the Corporate Rate to the Effective Tax Rate

($ in thousands)		2013				2012			2011
Tax at statutory rate of 35%		$	50,331			13,172			3,990
Tax-advantaged interest		(12,718		)		(13,285	)		(14,381	)
Dividends received deduction		(1,174		)		(1,260	)		(870	)
Nonqualified deferred compensation		(425		)		(262	)		7
Amortization of intangible assets		(101		)		687			—
Other		474				620			(29	)
Federal income tax expense (benefit) from continuing operations		$	36,387			(328	)		(11,283	)

Schedule of Deferred Tax Assets and Liabilities

($ in thousands)		2013				2012
Deferred tax assets:
Net loss reserve discounting		$	87,967			97,561
Net unearned premiums		64,167				58,981
Employee benefits		19,912				39,752
Long-term incentive compensation plans		12,904				10,078
Temporary investment write-downs		7,586				8,236
Net operating loss		2,818				12,120
Tax credits		17,042				14,150
Other		10,088				9,056
Total deferred tax assets		222,484				249,934
Deferred tax liabilities:
Deferred policy acquisition costs		59,164				53,187
Unrealized gains on investment securities		31,345				67,501
Other investment-related items, net		618				2,488
Accelerated depreciation and amortization		8,744				7,622
Total deferred tax liabilities		99,871				130,798
Net deferred federal income tax asset		$	122,613			119,136

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration