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Deferred Policy Acquisition Costs
6 Months Ended
Jun. 30, 2013
Insurance [Abstract]  
Deferred Policy Acquisition Costs
Deferred Policy Acquisition Costs
Policy acquisition costs, most significantly commissions, premium taxes, and underwriting salaries and benefits, that are primarily and directly related to the successful production of new and renewal insurance contracts are capitalized as policy acquisition costs and amortized to expense as the related premium revenues are earned.
Amortization of deferred policy acquisition costs was $14.4 million and $27.8 million for the three and six months ended June 30, 2013, respectively, and $14.5 million and $29.6 million for the three and six months ended June 30, 2012, respectively.