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Subsequent Events | 3 Months Ended
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Mar. 31, 2020
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Beginning in March 2020, governments worldwide enacted emergency measures to combat the spread of COVID-19. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, caused material disruption to businesses globally resulting in an economic slowdown. As a result, global markets continue to experience significant volatility and weakness. The Company announced that, as part of its response to the COVID-19 pandemic, personal automobile policyholders who have a policy in force as of April 30, 2020 will be credited 15% of their April 2020 premiums in May 2020, and personal automobile policyholders with a policy in force as of May 31, 2020 will be credited 15% of their May 2020 premiums in June 2020. The two premium credits will total approximately $100 million and are subject to approval from regulators. The credits will be applied directly to the policyholder's policy. If a policyholder has paid in full, the policyholder will receive a refund of the credited amounts.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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