XML 55 R38.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Statutory Information and Restrictions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Insurance [Abstract] |
Statutory surplus and subsidiary dividend restrictions | Reconciliations of statutory capital and surplus and net income, as determined using statutory accounting principles, to the amounts included in the accompanying consolidated financial statements are as follows:
|  | December 31, |
|  | 2016 |  | 2015 |
Statutory capital and surplus of insurance subsidiaries |  | $ | 912,336 |  | $ | 883,870 |
Increase (decrease) due to: |  |  |  |  |  |  |
Deferred policy acquisition costs |  |  | 267,580 |  |  | 253,176 |
Difference in policyholder reserves |  |  | 98,360 |  |  | 95,536 |
Goodwill |  |  | 47,396 |  |  | 47,396 |
Investment fair value adjustments on fixed maturities |  |  | 301,518 |  |  | 314,705 |
Difference in investment reserves |  |  | 125,805 |  |  | 120,795 |
Federal income tax liability |  |  | (228,090) |  |  | (224,492) |
Net funded status of pension and other postretirement benefit obligations |  |  | (18,250) |  |  | (18,213) |
Non-admitted assets and other, net |  |  | 22,888 |  |  | 21,691 |
Shareholders' equity of parent company and non-insurance subsidiaries |  |  | 11,648 |  |  | 17,172 |
Parent company short-term and long-term debt |  |  | (247,209) |  |  | (246,975) |
Shareholders' equity as reported herein |  | $ | 1,293,982 |  | $ | 1,264,661 |
|  | Year Ended December 31, |
|  | 2016 |  | 2015 |  | 2014 |
Statutory net income of insurance subsidiaries |  | $ | 74,574 |  | $ | 87,619 |  | $ | 97,875 |
Net loss of non-insurance companies |  |  | (5,135) |  |  | (4,474) |  |  | (3,906) |
Interest expense |  |  | (11,808) |  |  | (13,122) |  |  | (14,198) |
Debt retirement costs |  |  | - |  |  | (2,338) |  |  | - |
Tax benefit of interest expense and other parent company current tax adjustments |  |  | 5,637 |  |  | 6,829 |  |  | 6,371 |
Combined net income |  |  | 63,268 |  |  | 74,514 |  |  | 86,142 |
Increase (decrease) due to: |  |  |  |  |  |  |  |  |  |
Deferred policy acquisition costs |  |  | 19,442 |  |  | 13,249 |  |  | 16,828 |
Policyholder benefits |  |  | 14,919 |  |  | 14,065 |  |  | 15,284 |
Federal income tax expense |  |  | (5,312) |  |  | (6,678) |  |  | (10,548) |
Investment reserves |  |  | (1,320) |  |  | 7,339 |  |  | 3,574 |
Other adjustments, net |  |  | (7,232) |  |  | (9,007) |  |  | (7,037) |
Net income as reported herein |  | $ | 83,765 |  | $ | 93,482 |  | $ | 104,243 |

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

X
- Definition Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6486098&loc=d3e24746-158529 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.23(c)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6486098&loc=d3e24790-158529 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 55 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6588579&loc=d3e24938-158530 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486098&loc=d3e24708-158529 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 505 -Section 55 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6588579&loc=d3e24959-158530 + Details
Name: | us-gaap_StatutoryAccountingPracticesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration