Debt (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule of Debt

Consolidated debt of Old Republic and its subsidiaries is summarized below:

	June 30, 2012				December 31, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
3.75% Convertible Senior Notes due 2018	$	550.0	$	519.2	$	550.0	$	489.5
8.0% Convertible Senior Notes due 2012	—		—		316.2		320.9
ESSOP debt with an average yield of 3.75%
and 3.73%, respectively	20.8		20.8		23.4		23.4
Junior subordinated debt due 2037 with an average
yield of 8.29%	—		—		20.0		20.0
Other miscellaneous debt	2.9		2.9		3.1		3.1
Total debt	$	573.8	$	543.1	$	912.8	$	857.0

Fair Value, Debt Measured on Recurring Basis

The following table shows a summary of financial liabilities disclosed, but not carried, at fair value, segregated among the various input levels described in Note 3 above:

	Carrying		Fair
	Value		Value		Level 1		Level 2		Level 3
Financial Liabilities:
Debt:
June 30, 2012	$	573.8	$	543.1	$	—	$	519.2	$	23.8
December 31, 2011	$	912.8	$	857.0	$	—	$	810.4	$	46.6