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HISTORICAL LOSS AND LAE DEVELOPMENT (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Apr. 28, 2011
Unpaid losses and LAE at beginning of year:        
Gross $ 1,158,483 $ 1,150,714 $ 1,173,943 $ 72,387
Ceded (359,884) (353,805) (354,163) (18,881)
Net 798,599 796,909 819,780 53,506
Increase (decrease) in incurred losses and LAE:        
Current accident year 332,282 336,228 310,145  
Prior accident years (72,481) (64,583) (110,061)  
Total incurred 259,801 271,645 200,084  
Loss and LAE payments for claims incurred:        
Current accident year (57,537) (69,785) (89,924)  
Prior accident year (226,354) (200,170) (186,537)  
Total paid (283,891) (269,955) (276,461)  
Net unpaid losses and LAE at end of year 774,509 798,599 796,909 53,506
Unpaid losses and LAE at end of year:        
Gross 1,129,433 1,158,483 1,150,714 72,387
Ceded (354,924) (359,884) (353,805) (18,881)
Net $ 774,509 $ 798,599 $ 796,909 $ 53,506