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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 11,609 $ 20,485
Adjustments to reconcile net income to net cash provided by operating activities:    
Losses and settlement expenses (affiliated $42,957 and $11,611) 41,703 13,246
Unearned premiums (affiliated $7,730 and $13,524) 6,928 13,644
Other policyholders' funds due to affiliate 214 680
Amounts due to/from affiliate to settle inter-company transaction balances (8,355) (16,517)
Net pension and postretirement benefits due from affiliate (1,379) 2,731
Reinsurance receivables due from affiliate (285) 1,513
Prepaid reinsurance premiums due from affiliate 921 (2,210)
Commissions payable (affiliated $(4,536) and $(3,512)) (4,716) (3,528)
Deferred policy acquisition costs (affiliated $(1,650) and $2,177) (1,514) (2,204)
Accrued investment income (208) (95)
Current income tax (4,513) (1,539)
Deferred income tax (750) (125)
Net realized investment gains (3,605) (2,843)
Other, net (affiliated $(1,913) and $(4,148)) (295) (3,452)
Total adjustments to reconcile net income to net cash provided by operating activities 24,146 (699)
Net cash provided by operating activities 35,755 19,786
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of fixed maturity securities available-for-sale (87,159) (157,816)
Disposals of fixed maturity securities available-for-sale 64,056 118,360
Purchases of equity securities available-for-sale (26,493) (23,236)
Disposals of equity securities available-for-sale 23,589 23,927
Purchases of other long-term investments (5,537) (178)
Disposals of other long-term investments 209 153
Net (purchases) disposals of short-term investments (3,633) 19,497
Net cash used in investing activities (34,968) (19,293)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock through affiliate’s stock plans 5,607 5,116
Excess tax benefit associated with affiliate’s stock plans 75 44
Dividends paid to stockholders (affiliated $(3,610) and $(3,296)) (6,140) (5,477)
Net cash used in financing activities (458) (317)
NET INCREASE IN CASH 329 176
Cash at the beginning of the year 239 330
Cash at the end of the quarter $ 568 $ 506