XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Business Segments | 3 Months Ended
--- | ---
Mar. 31, 2016
Segment Reporting [Abstract] |
Business Segments | Note 11 - Business Segments The Company is engaged, through its subsidiaries, in the property and casualty insurance and life and health insurance businesses. The Company conducts its operations through two operating segments: Property & Casualty Insurance and Life & Health Insurance. The Property & Casualty Insurance segment’s principal products are personal automobile insurance, both preferred and nonstandard risk, homeowners insurance, other personal insurance and commercial automobile insurance. These products are distributed primarily through independent agents and brokers. The Life & Health Insurance segment’s principal products are individual life, accident, supplemental health and property insurance. These products are distributed by career agents employed by the Company and independent agents and brokers. Earned Premiums by product line for the three months ended March 31, 2016 and 2015 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2016 |  | Mar 31, 2015
Personal Automobile |  | $ | 303.3 |  |  | $ | 189.8 |
Homeowners |  | 68.1 |  |  | 72.6 |
Other Personal Property and Casualty Insurance |  | 29.8 |  |  | 30.6 |
Commercial Automobile |  | 13.5 |  |  | 13.5 |
Life |  | 94.4 |  |  | 88.0 |
Accident and Health |  | 36.9 |  |  | 36.8 |
Total Earned Premiums |  | $ | 546.0 |  |  | $ | 431.3 |
Note 11 - Business Segments (continued) Segment Revenues, including a reconciliation to Total Revenues, for the three months ended March 31, 2016 and 2015 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2016 |  | Mar 31, 2015
Revenues: |  |  |  |
Property & Casualty Insurance: |  |  |  |
Earned Premiums |  | $ | 396.2 |  |  | $ | 287.6 |
Net Investment Income |  | 11.9 |  |  | 14.8 |
Other Income |  | 0.2 |  |  | 0.3 |
Total Property & Casualty Insurance |  | 408.3 |  |  | 302.7 |
Life & Health Insurance: |  |  |  |
Earned Premiums |  | 149.8 |  |  | 143.7 |
Net Investment Income |  | 55.0 |  |  | 50.4 |
Other Income |  | 0.6 |  |  | 0.8 |
Total Life & Health Insurance |  | 205.4 |  |  | 194.9 |
Total Segment Revenues |  | 613.7 |  |  | 497.6 |
Net Realized Gains on Sales of Investments |  | 6.8 |  |  | 3.4 |
Net Impairment Losses Recognized in Earnings |  | (9.3 | ) |  | (7.0 | )
Other |  | 0.1 |  |  | 5.2 |
Total Revenues |  | $ | 611.3 |  |  | $ | 499.2 |
Note 11 - Business Segments (continued) Segment Operating Profit (Loss), including a reconciliation to Income (Loss) from Continuing Operations before Income Taxes, for the three months ended March 31, 2016 and 2015 was:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2016 |  | Mar 31, 2015
Segment Operating Profit (Loss): |  |  |  |
Property & Casualty Insurance |  | $ | (22.8 | ) |  | $ | 18.0 |
Life & Health Insurance |  | 31.0 |  |  | 24.8 |
Total Segment Operating Profit |  | 8.2 |  |  | 42.8 |
Corporate and Other Operating Loss |  | (12.2 | ) |  | (12.3 | )
Total Operating Profit (Loss) |  | (4.0 | ) |  | 30.5 |
Net Realized Gains on Sales of Investments |  | 6.8 |  |  | 3.4 |
Net Impairment Losses Recognized in Earnings |  | (9.3 | ) |  | (7.0 | )
Loss from Early Extinguishment of Debt |  | — |  |  | (9.1 | )
Income (Loss) from Continuing Operations before Income Taxes |  | $ | (6.5 | ) |  | $ | 17.8 |
Segment Net Operating Income, including a reconciliation to Income (Loss) from Continuing Operations, for the three months ended March 31, 2016 and 2015 was:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2016 |  | Mar 31, 2015
Segment Net Operating Income (Loss): |  |  |  |
Property & Casualty Insurance |  | $ | (13.1 | ) |  | $ | 13.4 |
Life & Health Insurance |  | 20.3 |  |  | 16.1 |
Total Segment Net Operating Income |  | 7.2 |  |  | 29.5 |
Corporate and Other Net Operating Loss |  | (7.8 | ) |  | (7.7 | )
Consolidated Net Operating Income (Loss) |  | (0.6 | ) |  | 21.8 |
Net Income (Loss) From: |  |  |  |
Net Realized Gains on Sales of Investments |  | 4.4 |  |  | 2.2 |
Net Impairment Losses Recognized in Earnings |  | (6.0 | ) |  | (4.6 | )
Loss from Early Extinguishment of Debt |  | — |  |  | (5.9 | )
Income (Loss) from Continuing Operations |  | $ | (2.2 | ) |  | $ | 13.5 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration