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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial results by segment were as follows:
| Three Months Ended March 31, 2017
(In thousands) | Specialty P&C |  | Workers' Compensation |  | Lloyd's Syndicate |  | Corporate |  | Inter-segment Eliminations |  | Consolidated
Net premiums earned | $ | 113,058 |  |  | $ | 55,283 |  |  | $ | 14,562 |  |  | $ | — |  |  | $ | — |  |  | $ | 182,903 |
Net investment income | — |  |  | — |  |  | 372 |  |  | 22,814 |  |  | — |  |  | 23,186 |
Equity in earnings (loss) of unconsolidated subsidiaries | — |  |  | — |  |  | — |  |  | 1,808 |  |  | — |  |  | 1,808 |
Net realized gains (losses) | — |  |  | — |  |  | 27 |  |  | 13,253 |  |  | — |  |  | 13,280 |
Other income | 1,198 |  |  | 145 |  |  | 391 |  |  | 173 |  |  | (86 | ) |  | 1,821 |
Net losses and loss adjustment expenses | (74,994 | ) |  | (34,650 | ) |  | (9,507 | ) |  | — |  |  | — |  |  | (119,151 | )
Underwriting, policy acquisition and operating expenses | (25,977 | ) |  | (16,691 | ) |  | (6,211 | ) |  | (8,315 | ) |  | 86 |  |  | (57,108 | )
Segregated portfolio cells dividend (expense) income (1) | 28 |  |  | (1,174 | ) |  | — |  |  | (1,229 | ) |  | — |  |  | (2,375 | )
Interest expense | — |  |  | — |  |  | — |  |  | (4,133 | ) |  | — |  |  | (4,133 | )
Income tax benefit (expense) | — |  |  | — |  |  | 7 |  |  | 1,217 |  |  | — |  |  | 1,224 |
Segment operating results | $ | 13,313 |  |  | $ | 2,913 |  |  | $ | (359 | ) |  | $ | 25,588 |  |  | $ | — |  |  | $ | 41,455 |
Significant non-cash items: |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization, net of accretion | $ | 1,911 |  |  | $ | 837 |  |  | $ | (3 | ) |  | $ | 5,058 |  |  | $ | — |  |  | $ | 7,803 |
| Three Months Ended March 31, 2016
(In thousands) | Specialty P&C |  | Workers' Compensation |  | Lloyd's Syndicate |  | Corporate |  | Inter-segment Eliminations |  | Consolidated
Net premiums earned | $ | 110,755 |  |  | $ | 54,383 |  |  | $ | 12,441 |  |  | $ | — |  |  | $ | — |  |  | $ | 177,579 |
Net investment income | — |  |  | — |  |  | 315 |  |  | 25,125 |  |  | — |  |  | 25,440 |
Equity in earnings (loss) of unconsolidated subsidiaries | — |  |  | — |  |  | — |  |  | (3,634 | ) |  | — |  |  | (3,634 | )
Net realized gains (losses) | — |  |  | — |  |  | (5 | ) |  | (8,347 | ) |  | — |  |  | (8,352 | )
Other income | 1,276 |  |  | 471 |  |  | 252 |  |  | 458 |  |  | (103 | ) |  | 2,354 |
Net losses and loss adjustment expenses (2) | (71,174 | ) |  | (35,027 | ) |  | (6,189 | ) |  | — |  |  | 1,435 |  |  | (110,955 | )
Underwriting, policy acquisition and operating expenses (2) | (25,054 | ) |  | (17,829 | ) |  | (5,167 | ) |  | (7,507 | ) |  | (1,332 | ) |  | (56,889 | )
Segregated portfolio cells dividend (expense) income (1) | — |  |  | (713 | ) |  | — |  |  | (463 | ) |  | — |  |  | (1,176 | )
Interest expense | — |  |  | — |  |  | — |  |  | (3,686 | ) |  | — |  |  | (3,686 | )
Income tax benefit (expense) | — |  |  | — |  |  | (84 | ) |  | (1,280 | ) |  | — |  |  | (1,364 | )
Segment operating results | $ | 15,803 |  |  | $ | 1,285 |  |  | $ | 1,563 |  |  | $ | 666 |  |  | $ | — |  |  | $ | 19,317 |
Significant non-cash items: |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization, net of accretion | $ | 2,011 |  |  | $ | 1,404 |  |  | $ | 66 |  |  | $ | 5,149 |  |  | $ | — |  |  | $ | 8,630 |
(1) During the first quarter of 2017, ProAssurance began reporting in the Corporate segment the portion of the SPC dividend (expense) income that is attributable to the investment results of the SPCs, all of which are reported in the Corporate segment, to better align the expense with the related investment results of the SPCs. For comparative purposes, ProAssurance has reflected the SPC dividend expense for 2016 in the same manner.
(2) In the first quarter of 2016, the portion of the management fee that was allocated to ULAE was eliminated in consolidation. During the second quarter of 2016, ProAssurance discontinued the practice of eliminating in consolidation the portion of the management fee that was allocated to ULAE, thus there was no similar elimination in the first quarter of 2017.
Schedule of Gross Premiums by Product | The following table provides detailed information regarding ProAssurance's gross premiums earned by product as well as a reconciliation to net premiums earned. All gross premiums earned are from external customers except as noted. ProAssurance's insured risks are primarily within the U.S.
| Three Months Ended March 31
(In thousands) | 2017 |  | 2016
Specialty P&C Segment |  |  |
Gross premiums earned: |  |  |
Healthcare professional liability | $ | 117,051 |  |  | $ | 113,749 |
Legal professional liability | 6,317 |  |  | 6,614 |
Medical technology liability | 8,312 |  |  | 8,550 |
Other | 102 |  |  | 268 |
Ceded premiums earned | (18,724 | ) |  | (18,426 | )
Segment net premiums earned | 113,058 |  |  | 110,755 |
Workers' Compensation Segment |  |  |
Gross premiums earned: |  |  |
Traditional business | 41,768 |  |  | 42,650 |
Alternative market business | 19,446 |  |  | 18,294 |
Ceded premiums earned | (5,931 | ) |  | (6,561 | )
Segment net premiums earned | 55,283 |  |  | 54,383 |
Lloyd's Syndicate Segment |  |  |
Gross premiums earned: |  |  |
Property and casualty* | 17,185 |  |  | 13,373 |
Ceded premiums earned | (2,623 | ) |  | (932 | )
Segment net premiums earned | 14,562 |  |  | 12,441 |
Consolidated Net premiums earned | $ | 182,903 |  |  | $ | 177,579 |
*Includes premium assumed from the Specialty P&C segment of $3.5 million for the three months ended March 31, 2017 and $3.6 million for the three months ended March 31, 2016.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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