XML 142 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurement - Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Equity, Fair Value Disclosure [Abstract]    
Equity securities $ 470,609 $ 387,274
LP/LLC and investment fund interests carried at NAV which approximates fair value. These interests, reported as a part of Investment in unconsolidated subsidiaries and Other investments, respectively, are not categorized within the fair value hierarchy. 230,889 204,719
Level 3 | Corporate debt, limited observable inputs    
Equity, Fair Value Disclosure [Abstract]    
Total assets categorized within the fair value hierarchy 13,703 14,810
Level 3 | Other investments    
Equity, Fair Value Disclosure [Abstract]    
Total assets categorized within the fair value hierarchy 409 3
Fair Value, Measurements, Recurring    
Equity, Fair Value Disclosure [Abstract]    
Other assets 1,731  
Total assets categorized within the fair value hierarchy 3,216,879 3,474,265
LP/LLC and investment fund interests carried at NAV which approximates fair value. These interests, reported as a part of Investment in unconsolidated subsidiaries and Other investments, respectively, are not categorized within the fair value hierarchy. 230,889 204,719
Total assets at fair value 3,447,768 3,678,984
Fair Value, Measurements, Recurring | U.S. Treasury obligations    
Assets:    
Fixed maturities, available for sale 133,627 146,539
Fair Value, Measurements, Recurring | U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available for sale 20,956 30,235
Fair Value, Measurements, Recurring | State and municipal bonds    
Assets:    
Fixed maturities, available for sale 632,243 800,463
Fair Value, Measurements, Recurring | Corporate debt, multiple observable inputs    
Assets:    
Fixed maturities, available for sale 1,153,455 1,264,181
Fair Value, Measurements, Recurring | Corporate debt, limited observable inputs    
Assets:    
Fixed maturities, available for sale 13,703 14,810
Fair Value, Measurements, Recurring | Residential mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 197,844 217,906
Fair Value, Measurements, Recurring | Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 10,742 12,783
Fair Value, Measurements, Recurring | Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 15,961 19,611
Fair Value, Measurements, Recurring | Other asset-backed securities    
Assets:    
Fixed maturities, available for sale 101,711 106,878
Fair Value, Measurements, Recurring | Financial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 76,051 81,749
Fair Value, Measurements, Recurring | Utilities/Energy    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 54,388 52,869
Fair Value, Measurements, Recurring | Consumer oriented    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 54,529 61,284
Fair Value, Measurements, Recurring | Industrial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 53,936 54,265
Fair Value, Measurements, Recurring | Bond funds    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 156,563 90,002
Fair Value, Measurements, Recurring | All other    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 75,142 47,105
Fair Value, Measurements, Recurring | Short-term investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 432,126 442,084
Fair Value, Measurements, Recurring | Other investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 32,171 31,501
Fair Value, Measurements, Recurring | Level 1    
Equity, Fair Value Disclosure [Abstract]    
Other assets 0  
Total assets categorized within the fair value hierarchy 877,791 799,066
Fair Value, Measurements, Recurring | Level 1 | U.S. Treasury obligations    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | State and municipal bonds    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Corporate debt, multiple observable inputs    
Assets:    
Fixed maturities, available for sale 2,371 2,339
Fair Value, Measurements, Recurring | Level 1 | Corporate debt, limited observable inputs    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Residential mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Other asset-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 1 | Financial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 76,051 81,749
Fair Value, Measurements, Recurring | Level 1 | Utilities/Energy    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 54,388 52,869
Fair Value, Measurements, Recurring | Level 1 | Consumer oriented    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 54,529 61,284
Fair Value, Measurements, Recurring | Level 1 | Industrial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 53,936 54,265
Fair Value, Measurements, Recurring | Level 1 | Bond funds    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 156,563 79,843
Fair Value, Measurements, Recurring | Level 1 | All other    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 75,142 27,181
Fair Value, Measurements, Recurring | Level 1 | Short-term investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 404,204 437,580
Fair Value, Measurements, Recurring | Level 1 | Other investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 607 1,956
Fair Value, Measurements, Recurring | Level 2    
Equity, Fair Value Disclosure [Abstract]    
Other assets 1,731  
Total assets categorized within the fair value hierarchy 2,319,990 2,657,379
Fair Value, Measurements, Recurring | Level 2 | U.S. Treasury obligations    
Assets:    
Fixed maturities, available for sale 133,627 146,539
Fair Value, Measurements, Recurring | Level 2 | U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available for sale 20,956 30,235
Fair Value, Measurements, Recurring | Level 2 | State and municipal bonds    
Assets:    
Fixed maturities, available for sale 632,243 800,463
Fair Value, Measurements, Recurring | Level 2 | Corporate debt, multiple observable inputs    
Assets:    
Fixed maturities, available for sale 1,151,084 1,261,842
Fair Value, Measurements, Recurring | Level 2 | Corporate debt, limited observable inputs    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 2 | Residential mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 196,789 217,906
Fair Value, Measurements, Recurring | Level 2 | Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 10,742 12,783
Fair Value, Measurements, Recurring | Level 2 | Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 15,961 19,611
Fair Value, Measurements, Recurring | Level 2 | Other asset-backed securities    
Assets:    
Fixed maturities, available for sale 97,780 103,871
Fair Value, Measurements, Recurring | Level 2 | Financial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 2 | Utilities/Energy    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 2 | Consumer oriented    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 2 | Industrial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 2 | Bond funds    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 10,159
Fair Value, Measurements, Recurring | Level 2 | All other    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 19,924
Fair Value, Measurements, Recurring | Level 2 | Short-term investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 27,922 4,504
Fair Value, Measurements, Recurring | Level 2 | Other investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 31,155 29,542
Fair Value, Measurements, Recurring | Level 3    
Equity, Fair Value Disclosure [Abstract]    
Other assets 0  
Total assets categorized within the fair value hierarchy 19,098 17,820
Fair Value, Measurements, Recurring | Level 3 | U.S. Treasury obligations    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | State and municipal bonds    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Corporate debt, multiple observable inputs    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Corporate debt, limited observable inputs    
Assets:    
Fixed maturities, available for sale 13,703 14,810
Fair Value, Measurements, Recurring | Level 3 | Residential mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 1,055 0
Fair Value, Measurements, Recurring | Level 3 | Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available for sale 0 0
Fair Value, Measurements, Recurring | Level 3 | Other asset-backed securities    
Assets:    
Fixed maturities, available for sale 3,931 3,007
Fair Value, Measurements, Recurring | Level 3 | Financial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | Utilities/Energy    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | Consumer oriented    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | Industrial    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | Bond funds    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | All other    
Equity, Fair Value Disclosure [Abstract]    
Equity securities 0 0
Fair Value, Measurements, Recurring | Level 3 | Short-term investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments 0 0
Fair Value, Measurements, Recurring | Level 3 | Other investments    
Equity, Fair Value Disclosure [Abstract]    
Short-term investments $ 409 $ 3