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Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-Based Compensation Retired Plans
December 31, 2017
Types of Share-Based Payments Issued
Reserve Shares
Awards Outstanding1
Plan
2005 Omnibus Stock Plan ("2005 Stock Plan")
Qualified and nonqualified stock options, SARs, restricted stock, RSUs, phantom stock, stock bonuses, and other awards in such amounts and with such terms and conditions as it determined, subject to the provisions of the 2005 Stock Plan. The maximum exercise period for an option grant under this plan is 10 years from the date of the grant. DEUs are earned during the vesting period on RSU grants. The DEUs are reinvested in the Parent's common stock at fair value on each dividend payment date.
2,202,532

277,132

Parent's Stock Compensation Plan for Non-employee Directors ("Directors Stock Compensation Plan")
Directors could elect to receive a portion of their annual compensation in shares of the Parent's common stock.
66,506

66,506

1 Awards outstanding under the 2005 Stock Plan consisted of 47,268 RSUs and 229,864 stock options.

Schedule of Share-Based Compensation ESPP and ASPP Shares Granted
 
2017
2016
2015
ESPP Issuances
75,093

88,432

100,944

Agent Plan Issuances
49,794

69,867

82,142

Schedule of Share-Based Compensation Shares Authorized and Available for Issuance
As of December 31, 2017
Authorized
Available for Issuance
Awards Outstanding
Stock Plan
3,500,000

2,516,871

882,490

ESPP
1,500,000

499,629


Agent Plan
3,000,000

1,817,493


Schedule Of Share-Based Compensation Plan Approval
Plan
Approvals
Stock Plan
Approved effective as of May 1, 2014 by stockholders on April 23, 2014.
Cash Plan
Approved effective April 1, 2005 by stockholders on April 27, 2005.
Most recently amended and restated plan was approved effective May 1, 2014 by stockholders on April 23, 2014.
ESPP
Approved by stockholders on April 29, 2009 effective July 1, 2009.
Agent Plan
Approved by stockholders on April 26, 2006.
Most recently amended and restated plan was approved on December 13, 2016 by the Parent's Board of Directors' Salary and Employee Benefits Committee. The amendment was effective February 1, 2017.
Schedule of Types of Share-Based Payments Issued
Plan
Types of Share-Based Payments Issued
Stock Plan
Qualified and nonqualified stock options, stock appreciation rights ("SARs"), restricted stock, restricted stock units ("RSUs"), stock grants, and other awards valued in whole or in part by reference to the Parent's common stock. The maximum exercise period for an option grant under this plan is 10 years from the date of the grant. Dividend equivalent units ("DEUs") are earned during the vesting period on RSU grants. The DEUs are reinvested in the Parent's common stock at fair value on each dividend payment date. The requisite service period for grants to employees under this plan is the lesser of: (i) the stated vested date, which is typically three years from issuance; or (ii) the date the employee becomes eligible to retire.
Cash Plan
Cash incentive units (“CIUs”). The initial dollar value of each CIU will be adjusted to reflect the percentage increase or decrease in the total shareholder return on the Parent's common stock over a specified performance period. In addition, for certain grants, the number of CIUs granted will be increased or decreased to reflect our performance on specified performance indicators as compared to targeted peer companies. The requisite service period for grants under this plan is the lesser of: (i) the stated vested date, which is typically three years from issuance; or (ii) the date the employee becomes eligible to retire.
ESPP
Enables employees to purchase shares of the Parent’s common stock. The purchase price is the lower of: (i) 85% of the closing market price at the time the option is granted; or (ii) 85% of the closing price at the time the option is exercised. Shares are generally issued on June 30 and December 31 of each year.
Agent Plan
Quarterly offerings to purchase the Parent's common stock at a 10% discount with a one year restricted period during which the shares purchased cannot be sold or transferred. Only our independent retail insurance agencies and wholesale general agencies, and certain eligible persons associated with the agencies, are eligible to participate in this plan.
Schedule of Summary of Stock Option Transactions under Share Based Payment Plans
 
 
Number
of Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life in Years
 
Aggregate
Intrinsic Value
($ in thousands)
Outstanding at December 31, 2016
 
355,391

 
$
16.87

 
 
 
 

Granted in 2017
 

 

 
 
 
 

Exercised in 2017
 
(120,496
)
 
19.39

 
 
 
 

Forfeited or expired in 2017
 
(5,031
)
 
24.54

 
 
 
 

Outstanding at December 31, 2017
 
229,864

 
$
15.38

 
1.50
 
$
9,958

Exercisable at December 31, 2017
 
229,864

 
$
15.38

 
1.50
 
$
9,958

Schedule of Summary of Restricted Stock Units Transactions under Share-Based Payment Plans
 
 
Number
of Shares
 
Weighted
Average
Grant Date
Fair Value
Unvested RSU awards at December 31, 2016
 
916,640

 
$
26.20

Granted in 2017
 
321,928

 
42.66

Vested in 2017
 
(360,702
)
 
22.78

Forfeited in 2017
 
(12,279
)
 
32.09

Unvested RSU awards at December 31, 2017
 
865,587

 
$
33.66

Schedule of Weighted Average Assumptions for Employee Stock Purchase Plan
 
 
ESPP
 
 
2017
 
2016
 
2015
Risk-free interest rate
 
1.07
%
 
0.47
 
0.10
Expected term
 
6 months

 
6 months
 
6 months
Dividend yield
 
1.3
%
 
1.7
 
2.0
Expected volatility
 
24
%
 
31
 
20
Schedule of Weighted-Average Fair Value of Options and Stock Per Share
 
 
2017
 
2016
 
2015
RSUs
 
$
42.66

 
32.53

 
25.22

ESPP:
 
 

 
 

 
 
Six month option
 
2.73

 
2.63

 
1.26

Discount of grant date market value
 
7.06

 
5.23

 
4.16

Total ESPP
 
9.79

 
7.86

 
5.42

Agent Plan:
 
 

 
 

 
 

Discount of grant date market value
 
5.04

 
3.79

 
2.94



Schedule of Compensation Cost for Share-based Payment Arrangements
($ in millions)
2017
 
2016
 
2015
Share-based compensation expense, pre-tax
$
31.2

 
30.3

 
23.8

Income tax benefit, including the benefit related to stock grants that have vested during the year
(15.0
)
 
(10.3
)
 
(8.0
)
Share-based compensation expense, after-tax
$
16.2

 
20.0

 
15.8