XML 64 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6

Property and Casualty Unpaid Claims and Claim Expenses (Tables)

12 Months Ended

Dec. 31, 2012

Property and Casualty Unpaid Claims and Claim Expenses [Abstract]

Reconciliation of property and casualty unpaid claims and claim expenses

		Year Ended December 31,
		2012				2011				2010
Property and casualty segment
Gross reserves, beginning of year (1)		$	281,080			$	301,622			$	300,975
Less reinsurance recoverables			11,463				12,225				15,769
Net reserves, beginning of year (2)			269,617				289,397				285,206
Incurred claims and claim expenses:
Claims occurring in the current year			406,605				452,827				438,784
Decrease in estimated reserves for claims occurring in prior years (3)			(17,175	)			(10,310	)			(20,530	)
Total claims and claim expenses incurred (4)			389,430				442,517				418,254
Claims and claim expense payments for claims occurring during:
Current year			271,286				314,759				281,270
Prior years			126,924				147,539				132,793
Total claims and claim expense payments			398,210				462,298				414,063
Net reserves, end of year (2)			260,837				269,617				289,397
Plus reinsurance recoverables			13,705				11,463				12,225
Gross reserves, end of year (1)		$	274,542			$	281,080			$	301,622

(1) Unpaid claims and claim expenses as reported in the Consolidated Balance Sheets also include reserves for the life and annuity segments of $14,853, $13,729, $14,073 and $11,763 as of December 31, 2012, 2011, 2010 and 2009, respectively, in addition to property and casualty segment reserves.

(2) Reserves net of anticipated reinsurance recoverables.

(3) Shows the amounts by which the Company decreased its reserves in each of the periods indicated for claims occurring in previous periods to reflect subsequent information on such claims and changes in their projected final settlement costs. Also refer to the paragraphs below for additional information regarding the reserve development recorded in 2012, 2011 and 2010.

(4) Benefits, claims and settlement expenses as reported in the Consolidated Statements of Operations also include amounts for the life and annuity segments of $58,820, $59,917 and $56,579 for the years ended December 31, 2012, 2011* and 2010*, respectively, in addition to the property and casualty segment amounts. *As adjusted.

X

- Details

Name:	us-gaap_InsuranceLossReservesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 94-5

-Paragraph 11

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 40

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6482485&loc=d3e14764-158437

+ Details

Name:	us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration