XML 112 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Deferred Policy Acquisition Costs | 12 Months Ended
--- | ---
Dec. 31, 2012
Deferred Policy Acquisition Costs [Abstract] |
Deferred Policy Acquisition Costs |
4. | Deferred Policy Acquisition Costs
The Company incurs certain costs related to acquiring policies. These costs are deferred and expensed over the life of the related policies. Major categories of the Company’s deferred policy acquisition costs are summarized as follows:
|  | December 31, |
|  | 2012 |  |  | 2011 |
|  |  |  |  | (As Adjusted) |
|  | (In thousands) |
Agents’ commissions |  | $ | 13,418 |  |  | $ | 11,745 |
Premium taxes |  |  | 3,814 |  |  |  | 3,569 |
Deferred underwriting expenses |  |  | 1,187 |  |  |  | 1,264 |
Total deferred policy acquisition costs |  | $ | 18,419 |  |  | $ | 16,578 |
The following summarizes the activity in the deferred policy acquisition costs:
|  | Year Ended December 31, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  |  |  |  | (As Adjusted) |  |  | (As Adjusted) |
|  | (In thousands) |
Balance, beginning of year |  | $ | 16,578 |  |  | $ | 15,137 |  |  | $ | 15,997 |
Policy acquisition costs deferred |  |  | 40,961 |  |  |  | 36,064 |  |  |  | 28,223 |
Amortization expense during the year |  |  | (39,120 | ) |  |  | (34,623 | ) |  |  | (29,083 | )
Balance, end of year |  | $ | 18,419 |  |  | $ | 16,578 |  |  | $ | 15,137 |

X
- Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for capitalizing costs incurred to write or acquire insurance contracts, the basis for and methodology for capitalizing such costs, the accounting for such deferred acquisition costs (DAC) when modifications or internal replacements of related insurance contracts occur and the effect on results of operations, and the methodology and amount of amortization. This disclosure addresses the nature, type, and amount of capitalized costs incurred to write or acquire insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6481813&loc=d3e11407-158417 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6967983&loc=d3e11264-158415 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 05-1 -Paragraph 28 -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 60 -Paragraph 60 -Subparagraph c -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 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.7) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration