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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of operating results by reportable segment
The following table presents operating results by reportable segment for the years ended:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
(Amounts in millions)
Net premiums earned
$
3,571.0

 
$
28.4

 
$
3,599.4

 
$
3,337.9

 
$
30.5

 
$
3,368.4

 
$
3,160.9

 
$
34.5

 
$
3,195.4

Less:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Losses and loss adjustment expenses
2,692.7

 
13.3

 
2,706.0

 
2,562.0

 
14.8

 
2,576.8

 
2,427.8

 
17.1

 
2,444.9

Underwriting expenses
857.3

 
14.1

 
871.4

 
802.7

 
14.1

 
816.8

 
773.1

 
15.6

 
788.7

Underwriting gain (loss)
21.0

 
1.0

 
22.0

 
(26.8
)
 
1.6

 
(25.2
)
 
(40.0
)
 
1.8

 
(38.2
)
Investment income
 
 
 
 
141.3

 
 
 
 
 
135.8

 
 
 
 
 
124.9

Net realized investment gains (losses)
 
 
 
 
222.8

 
 
 
 
 
(133.5
)
 
 
 
 
 
83.7

Other income
 
 
 
 
9.0

 
 
 
 
 
9.3

 
 
 
 
 
11.9

Interest expense
 
 
 
 
(17.0
)
 
 
 
 
 
(17.0
)
 
 
 
 
 
(15.2
)
Pre-tax income (loss)
 
 
 
 
$
378.1

 
 
 
 
 
$
(30.6
)
 
 
 
 
 
$
167.1

Net income (loss)


 


 
$
320.1

 
 
 
 
 
$
(5.7
)
 
 
 
 
 
$
144.9
Schedule direct premiums attributable to segment
The following table presents the Company’s net premiums earned and direct premiums written by line of insurance business for the years ended:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
(Amounts in millions)
Private passenger automobile
$
2,756.5

 
$
—

 
$
2,756.5

 
$
2,602.1

 
$
—

 
$
2,602.1

 
$
2,473.8

 
$
—

 
$
2,473.8

Homeowners
514.8

 
—

 
514.8

 
459.4

 
—

 
459.4

 
431.6

 
—

 
431.6

Commercial automobile
208.7

 
—

 
208.7

 
190.1

 
—

 
190.1

 
171.9

 
—

 
171.9

Other
91.0

 
28.4

 
119.4

 
86.3

 
30.5

 
116.8

 
83.6

 
34.5

 
118.1

Net premiums earned
$
3,571.0

 
$
28.4

 
$
3,599.4

 
$
3,337.9

 
$
30.5

 
$
3,368.4

 
$
3,160.9

 
$
34.5

 
$
3,195.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Private passenger automobile
$
2,820.5

 
$
—

 
$
2,820.5

 
$
2,703.6

 
$
—

 
$
2,703.6

 
$
2,480.0

 
$
—

 
$
2,480.0

Homeowners
598.5

 
—

 
598.5

 
524.9

 
—

 
524.9

 
469.9

 
—

 
469.9

Commercial automobile
217.3

 
—

 
217.3

 
198.5

 
—

 
198.5

 
178.2

 
—

 
178.2

Other
106.3

 
32.0

 
138.3

 
97.2

 
26.7

 
123.9

 
92.9

 
27.9

 
120.8

Direct premiums written
$
3,742.6

 
$
32.0

 
$
3,774.6

 
$
3,524.2

 
$
26.7

 
$
3,550.9

 
$
3,221.0

 
$
27.9

 
$
3,248.9