SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Summarized financial information for segments

Summarized financial information for the Company’s segments is as follows:

Year ended December 31, 2016	Property and casualty insurance			Reinsurance			Parent company			Consolidated
($ in thousands)
Premiums earned	$	456,467		$	135,941		$	—		$	592,408
Underwriting profit (loss):
SAP underwriting profit (loss)	4,276			11,377			—			15,653
GAAP adjustments	(934		)	(1,023		)	—			(1,957		)
GAAP underwriting profit (loss)	3,342			10,354			—			13,696
Net investment income (loss)	33,886			13,591			13			47,490
Net realized investment gains (losses)	4,082			(8		)	—			4,074
Other income	594			417			—			1,011
Interest expense	337			—			—			337
Other expenses	721			—			2,006			2,727
Income (loss) before income tax expense (benefit)	$	40,846		$	24,354		$	(1,993	)	$	63,207
Assets	$	1,122,037		$	455,493		$	554,164		$	2,131,694
Eliminations	—			—			(540,249		)	(540,249		)
Reclassifications	—			(1,932		)	(700		)	(2,632		)
Total assets	$	1,122,037		$	453,561		$	13,215		$	1,588,813

Year ended December 31, 2015	Property and casualty insurance		Reinsurance			Parent company			Consolidated
($ in thousands)
Premiums earned	$	447,197	$	123,069		$	—		$	570,266
Underwriting profit (loss):
SAP underwriting profit (loss)	2,494		13,228			—			15,722
GAAP adjustments	5,460		41			—			5,501
GAAP underwriting profit (loss)	7,954		13,269			—			21,223
Net investment income (loss)	32,668		12,923			(9		)	45,582
Net realized investment gains (losses)	4,163		1,990			—			6,153
Other income	771		954			—			1,725
Interest expense	337		—			—			337
Other expenses	748		—			1,942			2,690
Income (loss) before income tax expense (benefit)	$	44,471	$	29,136		$	(1,951	)	$	71,656
Assets	$	1,092,820	$	437,575		$	525,042		$	2,055,437
Eliminations	—		—			(514,309		)	(514,309		)
Reclassifications	—		(5,173		)	—			(5,173		)
Total assets	$	1,092,820	$	432,402		$	10,733		$	1,535,955

Year ended December 31, 2014	Property and casualty insurance			Reinsurance		Parent company			Consolidated
($ in thousands)
Premiums earned	$	422,381		$	118,341	$	—		$	540,722
Underwriting profit (loss):
SAP underwriting profit (loss)	(13,955		)	1,718		—			(12,237		)
GAAP adjustments	1,646			467		—			2,113
GAAP underwriting profit (loss)	(12,309		)	2,185		—			(10,124		)
Net investment income (loss)	33,509			12,968		(12		)	46,465
Net realized investment gains (losses)	2,938			1,411		—			4,349
Other income	695			2,236		—			2,931
Interest expense	337			—		—			337
Other expenses	793			—		1,584			2,377
Income (loss) before income tax expense (benefit)	$	23,703		$	18,800	$	(1,596	)	$	40,907

Summary of net premiums earned by line of insurance

The following table displays the net premiums earned for the property and casualty insurance segment and the reinsurance segment for the three years ended December 31, 2016, by line of insurance.

	Year ended December 31,
($ in thousands)	2016		2015		2014
Property and casualty insurance segment
Commercial lines:
Automobile	$	110,941	$	105,904	$	96,908
Property	105,012		104,303		97,155
Workers' compensation	96,517		92,828		88,356
Liability	96,630		92,665		86,108
Other	8,374		8,079		7,416
Total commercial lines	417,474		403,779		375,943
Personal lines	38,993		43,418		46,438
Total property and casualty insurance	$	456,467	$	447,197	$	422,381
Reinsurance segment
Pro rata reinsurance	$	56,317	$	47,421	$	41,883
Excess of loss reinsurance	79,624		75,648		76,458
Total reinsurance	$	135,941	$	123,069	$	118,341
Consolidated	$	592,408	$	570,266	$	540,722