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Quarterly Financial Information
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Information
NOTE 25. QUARTERLY FINANCIAL INFORMATION (Unaudited)
 
 
Three Months Ended (Unaudited)
 
Year Ended
DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS
 
Mar 31,
2012
 
Jun 30,
2012
 
Sep 30,
2012
 
Dec 31,
2012
 
Dec 31,
2012
Revenues:
 
 
 
 
 
 
 
 
 
 
Earned Premiums
 
$
529.2

 
$
529.8

 
$
527.3

 
$
520.8

 
$
2,107.1

Net Investment Income
 
77.4

 
75.2

 
70.4

 
72.9

 
295.9

Other Income
 
0.2

 
0.2

 
0.2

 
0.2

 
0.8

Net Realized Gains on Sales of Investments
 
4.9

 
4.1

 
50.9

 
5.5

 
65.4

Other-than-temporary Impairment Losses:
 
 
 
 
 
 
 
 
 
 
Total Other-than-temporary Impairment Losses
 
(0.5
)
 
(0.4
)
 
(3.2
)
 
(3.1
)
 
(7.2
)
Portion of Losses Recognized in Other Comprehensive Income
 
—

 
—

 
—

 
0.3

 
0.3

Net Impairment Losses Recognized in Earnings
 
(0.5
)
 
(0.4
)
 
(3.2
)
 
(2.8
)
 
(6.9
)
Total Revenues
 
611.2

 
608.9

 
645.6

 
596.6

 
2,462.3

Expenses:
 
 
 
 
 
 
 
 
 
 
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
 
376.6

 
423.8

 
368.7

 
413.0

 
1,582.1

Insurance Expenses
 
162.4

 
167.7

 
172.7

 
169.5

 
672.3

Interest and Other Expenses
 
21.8

 
20.9

 
22.7

 
20.1

 
85.5

Total Expenses
 
560.8

 
612.4

 
564.1

 
602.6

 
2,339.9

Income (Loss) from Continuing Operations before Income Taxes
 
50.4

 
(3.5
)
 
81.5

 
(6.0
)
 
122.4

Income Tax Benefit (Expense)
 
(14.1
)
 
5.1

 
(25.9
)
 
4.3

 
(30.6
)
Income (Loss) from Continuing Operations
 
36.3

 
1.6

 
55.6

 
(1.7
)
 
91.8

Discontinued Operations:
 
 
 
 
 
 
 
 
 
 
Income (Loss) from Discontinued Operations before Income Taxes
 
12.3

 
1.0

 
(0.1
)
 
5.7

 
18.9

Income Tax Benefit (Expense)
 
(5.0
)
 
(0.3
)
 
0.1

 
(2.1
)
 
(7.3
)
Income from Discontinued Operations
 
7.3

 
0.7

 
—

 
3.6

 
11.6

Net Income
 
$
43.6

 
$
2.3

 
$
55.6

 
$
1.9

 
$
103.4

Income (Loss) from Continuing Operations Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.61

 
$
0.03

 
$
0.95

 
$
(0.03
)
 
$
1.55

Diluted
 
$
0.60

 
$
0.03

 
$
0.95

 
$
(0.03
)
 
$
1.54

Net Income Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.73

 
$
0.04

 
$
0.95

 
$
0.03

 
$
1.75

Diluted
 
$
0.72

 
$
0.04

 
$
0.95

 
$
0.03

 
$
1.74

Dividends Paid to Shareholders Per Share
 
$
0.24

 
$
0.24

 
$
0.24

 
$
0.24

 
$
0.96


The sum of quarterly per share amounts does not equal per share amounts for the year due to differences in weighted-average shares and/or equivalent shares outstanding for each of the periods presented.
NOTE 25. QUARTERLY FINANCIAL INFORMATION (Unaudited) (Continued)
 
 
Three Months Ended (Unaudited)
 
Year Ended
DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS
 
Mar 31,
2011
 
Jun 30,
2011
 
Sep 30,
2011
 
Dec 31,
2011
 
Dec 31,
2011
Revenues:
 
 
 
 
 
 
 
 
 
 
Earned Premiums
 
$
546.0

 
$
548.1

 
$
543.0

 
$
536.5

 
$
2,173.6

Net Investment Income
 
81.2

 
82.9

 
58.6

 
75.3

 
298.0

Other Income
 
0.2

 
0.2

 
0.4

 
0.2

 
1.0

Net Realized Gains (Losses) on Sales of Investments
 
14.2

 
17.8

 
(4.2
)
 
5.9

 
33.7

Other-than-temporary Impairment Losses:
 
 
 
 
 
 
 
 
 
 
Total Other-than-temporary Impairment Losses
 
(0.4
)
 
(1.3
)
 
(5.0
)
 
(4.7
)
 
(11.4
)
Portion of Losses Recognized in Other Comprehensive Income
 
—

 
—

 
—

 
0.1

 
0.1

Net Impairment Losses Recognized in Earnings
 
(0.4
)
 
(1.3
)
 
(5.0
)
 
(4.6
)
 
(11.3
)
Total Revenues
 
641.2

 
647.7

 
592.8

 
613.3

 
2,495.0

Expenses:
 
 
 
 
 
 
 
 
 
 
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
 
392.3

 
477.1

 
399.6

 
376.7

 
1,645.7

Insurance Expenses
 
166.1

 
170.6

 
176.8

 
170.1

 
683.6

Write-off of Other Intangibles Acquired
 
—

 
—

 
—

 
13.5

 
13.5

Interest and Other Expenses
 
19.7

 
20.9

 
21.4

 
21.9

 
83.9

Total Expenses
 
578.1

 
668.6

 
597.8

 
582.2

 
2,426.7

Income (Loss) from Continuing Operations before Income Taxes
 
63.1

 
(20.9
)
 
(5.0
)
 
31.1

 
68.3

Income Tax Benefit (Expense)
 
(18.1
)
 
11.5

 
6.1

 
(6.1
)
 
(6.6
)
Income (Loss) from Continuing Operations
 
45.0

 
(9.4
)
 
1.1

 
25.0

 
61.7

Discontinued Operations:
 
 
 
 
 
 
 
 
 
 
Income from Discontinued Operations before Income Taxes
 
9.4

 
9.3

 
0.6

 
0.2

 
19.5

Income Tax Benefit (Expense)
 
(2.9
)
 
(3.2
)
 
0.3

 
(0.9
)
 
(6.7
)
Income (Loss) from Discontinued Operations
 
6.5

 
6.1

 
0.9

 
(0.7
)
 
12.8

Net Income (Loss)
 
$
51.5

 
$
(3.3
)
 
$
2.0

 
$
24.3

 
$
74.5

Income (Loss) from Continuing Operations Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.74

 
$
(0.16
)
 
$
0.01

 
$
0.41

 
$
1.02

Diluted
 
$
0.73

 
$
(0.16
)
 
$
0.01

 
$
0.41

 
$
1.02

Net Income (Loss) Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.85

 
$
(0.06
)
 
$
0.03

 
$
0.40

 
$
1.23

Diluted
 
$
0.84

 
$
(0.06
)
 
$
0.03

 
$
0.40

 
$
1.23

Dividends Paid to Shareholders Per Share
 
$
0.24

 
$
0.24

 
$
0.24

 
$
0.24

 
$
0.96

The sum of quarterly per share amounts does not equal per share amounts for the year due to differences in weighted-average shares and/or equivalent shares outstanding for each of the periods presented.