XML 17 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
ACQUISITION (Details) (USD $)
3 Months Ended 12 Months Ended 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Casualty
Mar. 31, 2011
Casualty
Mar. 31, 2012
Surety
Mar. 31, 2011
Surety
Mar. 31, 2012
Contractors Bonding and Insurance Company
Y
person
office
Mar. 31, 2012
Contractors Bonding and Insurance Company
person
office
Apr. 28, 2011
Contractors Bonding and Insurance Company
Mar. 31, 2012
Contractors Bonding and Insurance Company
Casualty
Mar. 31, 2012
Contractors Bonding and Insurance Company
Surety
Business acquisition                      
Business acquisition consideration paid in cash                 $ 135,900,000    
Number of contractors served by the acquiree             30,000 30,000      
Number of regional branch offices operated by the acquiree             13 13      
Number of insurance agents and brokers served by the acquiree             4,000 4,000      
Amount of goodwill resulting from acquisition             20,400,000 20,400,000      
Amount of separately identifiable intangible assets resulting from acquisition             14,500,000 14,500,000      
Amount of separately identifiable intangible assets resulting from acquisition, net of related amortization             13,600,000 13,600,000      
Business acquisition purchase accounting adjustments, maximum tenure (in years)             1        
Premiums written             13,800,000 49,800,000   8,900,000 4,900,000
Pretax earnings contributed             500,000        
Underwriting loss (14,941,000) (20,947,000) (552,000) (5,537,000) (2,472,000) (5,377,000) 500,000        
Net investment income             1,000,000        
Valuation of insurance policies in force, including value of business acquired             1,300,000 1,300,000 10,800,000    
Unearned premium (UEP) acquired             $ 2,700,000 $ 2,700,000 $ 29,500,000    
Percentage of unearned premium (UEP) acquired earned as revenue             91.00% 91.00%