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Business Segments | 3 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
Business Segments | Note 10 - 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, 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, 2018 and 2017 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2018 |  | Mar 31, 2017
Personal Automobile |  | $ | 371.1 |  |  | $ | 320.7 |
Homeowners |  | 61.8 |  |  | 66.3 |
Other Personal Property and Casualty Insurance |  | 27.7 |  |  | 28.9 |
Commercial Automobile |  | 12.2 |  |  | 12.7 |
Life |  | 93.7 |  |  | 95.7 |
Accident and Health |  | 43.3 |  |  | 39.1 |
Total Earned Premiums |  | $ | 609.8 |  |  | $ | 563.4 |
Note 10 - Business Segments (continued) Segment Revenues, including a reconciliation to Total Revenues, for the three months ended March 31, 2018 and 2017 were:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2018 |  | Mar 31, 2017
Revenues: |  |  |  |
Property & Casualty Insurance: |  |  |  |
Earned Premiums |  | $ | 455.2 |  |  | $ | 410.4 |
Net Investment Income |  | 22.5 |  |  | 24.1 |
Other Income |  | 0.3 |  |  | 0.2 |
Total Property & Casualty Insurance |  | 478.0 |  |  | 434.7 |
Life & Health Insurance: |  |  |  |
Earned Premiums |  | 154.6 |  |  | 153.0 |
Net Investment Income |  | 53.3 |  |  | 53.0 |
Other Income |  | 0.8 |  |  | 0.6 |
Total Life & Health Insurance |  | 208.7 |  |  | 206.6 |
Total Segment Revenues |  | 686.7 |  |  | 641.3 |
Income from Change in Fair Value of Equity Securities |  | 0.7 |  |  | — |
Net Realized Gains on Sales of Investments |  | 2.6 |  |  | 10.5 |
Net Impairment Losses Recognized in Earnings |  | (0.5 | ) |  | (5.0 | )
Other |  | 3.5 |  |  | 4.6 |
Total Revenues |  | $ | 693.0 |  |  | $ | 651.4 |
Segment Operating Profit (Loss), including a reconciliation to Income (Loss) from Continuing Operations before Income Taxes, for the three months ended March 31, 2018 and 2017 was:
|  | Three Months Ended
(Dollars in Millions) |  | Mar 31, 2018 |  | Mar 31, 2017
Segment Operating Profit (Loss): |  |  |  |
Property & Casualty Insurance |  | $ | 44.5 |  |  | $ | (37.2 | )
Life & Health Insurance |  | 29.9 |  |  | 32.6 |
Total Segment Operating Profit (Loss) |  | 74.4 |  |  | (4.6 | )
Corporate and Other Operating Loss |  | (4.0 | ) |  | (4.4 | )
Income from Change in Fair Value of Equity Securities |  | 0.7 |  |  | — |
Net Realized Gains on Sales of Investments |  | 2.6 |  |  | 10.5 |
Net Impairment Losses Recognized in Earnings |  | (0.5 | ) |  | (5.0 | )
Acquisition Related Transaction and Integration Costs |  | (6.2 | ) |  | — |
Income (Loss) from Continuing Operations before Income Taxes |  | $ | 67.0 |  |  | $ | (3.5 | )
Note 10 - Business Segments (continued) Segment Net Operating Income (Loss), including a reconciliation to Income (Loss) from Continuing Operations, for the three months ended March 31, 2018 and 2017 was:
|  | Three Months Ended
(Dollars in Millions and Net of Income Taxes) |  | Mar 31, 2018 |  | Mar 31, 2017
Segment Net Operating Income (Loss): |  |  |  |
Property & Casualty Insurance |  | $ | 36.0 |  |  | $ | (22.1 | )
Life & Health Insurance |  | 23.8 |  |  | 21.5 |
Total Segment Net Operating Income (Loss) |  | 59.8 |  |  | (0.6 | )
Corporate and Other Net Operating Loss |  | (2.3 | ) |  | (3.3 | )
Income from Change in Fair Value of Equity Securities |  | 0.6 |  |  | — |
Net Realized Gains on Sales of Investments |  | 2.1 |  |  | 6.8 |
Net Impairment Losses Recognized in Earnings |  | (0.4 | ) |  | (3.3 | )
Acquisition Related Transaction and Integration Costs |  | (6.2 | ) |  | — |
Income (Loss) from Continuing Operations |  | $ | 53.6 |  |  | $ | (0.4 | )

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- 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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8906-108599 + Details
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