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INCOME TAXES (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Effective income tax rate related to continuing operations      
Statutory federal income tax rate applied to pre-tax income (as a percent) 35.00% 35.00% 35.00%
State income taxes (as a percent) 0.30% 0.40% 0.50%
Investment income not subject to tax (as a percent) (3.10%) (2.20%) (1.60%)
Uncertain tax positions (as a percent) 0.40%   (1.30%)
Other (as a percent) 0.60% (0.30%) 0.20%
Effective tax rate (as a percent) 33.20% 32.90% 32.80%
Income tax expense per the income tax returns:      
Federal $ 72,743,000 $ 9,510,000 $ (6,723,000)
State 3,443,000 264,000 3,509,000
Total current 76,186,000 9,774,000 (3,214,000)
Deferred income tax expense:      
Federal 71,659,000 142,761,000 115,172,000
State 2,674,000 2,304,000 (2,055,000)
Total deferred 74,333,000 145,065,000 113,117,000
Deferred income tax assets:      
Premium receivables and policy liabilities 56,918,000 35,432,000  
Invested assets (other than unrealized gains)   60,524,000  
Deferred compensation 78,465,000 72,944,000  
U.S. capital loss carryforwards   4,763,000  
Other 52,158,000 7,049,000  
Valuation allowance (4,653,000) (2,593,000)  
Deferred income tax 182,888,000 178,119,000  
Deferred income tax liabilities:      
Deferred policy acquisition costs and value of business acquired 916,406,000 872,297,000  
Invested assets (other than unrealized gains) 28,396,000    
Unrealized gain on investments 974,475,000 566,451,000  
Deferred income tax liabilities 1,919,277,000 1,438,748,000  
Net deferred income tax liability (1,736,389,000) (1,260,629,000)  
State operating loss carryforwards, valuation allowance 4,600,000 2,600,000  
Unfavorable change in valuation allowance, net of federal income taxes $ 1,300,000