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Business Segments
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Business Segments
Note 10 - Business Segments
The Company is engaged, through its subsidiaries, in the property and casualty insurance and life and health insurance businesses. The Company conducts its operations through two operating segments: Property & Casualty Insurance and Life & Health Insurance.
The Property & Casualty Insurance segment’s principal products are personal automobile insurance, both standard and non-standard risk, homeowners insurance, other personal insurance and commercial automobile insurance. These products are primarily distributed through independent agents, employer-sponsored voluntary benefit programs and other affinity relationships. The Life & Health Insurance segment’s principal products are individual life, accident, health and property insurance. These products are distributed by career agents employed by the Company as well as exclusive and non-exclusive independent agents.
Earned Premiums by product line for the nine and three months ended September 30, 2014 and 2013 were:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2014
 
Sep 30,
2013
 
Sep 30,
2014
 
Sep 30,
2013
Personal Automobile
 
$
633.4

 
$
729.4

 
$
205.1

 
$
239.1

Homeowners
 
236.6

 
244.8

 
77.9

 
82.3

Other Personal Property and Casualty Insurance
 
96.2

 
101.2

 
31.8

 
33.5

Commercial Automobile
 
40.8

 
38.7

 
14.1

 
13.5

Life
 
291.6

 
294.9

 
96.8

 
98.4

Accident and Health
 
112.1

 
121.2

 
37.1

 
40.7

Total Earned Premiums
 
$
1,410.7

 
$
1,530.2

 
$
462.8

 
$
507.5


Note 10 - Business Segments (continued)
Segment Revenues, including a reconciliation to Total Revenues, for the nine and three months ended September 30, 2014 and 2013 were:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2014
 
Sep 30,
2013
 
Sep 30,
2014
 
Sep 30,
2013
Revenues:
 
 
 
 
 
 
 
 
Property & Casualty Insurance:
 
 
 
 
 
 
 
 
Earned Premiums
 
$
949.5

 
$
1,054.7

 
$
309.7

 
$
348.7

Net Investment Income
 
55.6

 
67.9

 
18.5

 
21.3

Other Income
 
0.4

 
0.4

 
0.1

 
0.1

Total Property & Casualty Insurance
 
1,005.5

 
1,123.0

 
328.3

 
370.1

Life & Health Insurance:
 
 
 
 
 
 
 
 
Earned Premiums
 
461.2

 
475.5

 
153.1

 
158.8

Net Investment Income
 
147.4

 
159.3

 
49.2

 
56.5

Other Income
 
0.4

 
0.1

 
0.4

 
—

Total Life & Health Insurance
 
609.0

 
634.9

 
202.7

 
215.3

Total Segment Revenues
 
1,614.5

 
1,757.9

 
531.0

 
585.4

Net Realized Gains on Sales of Investments
 
18.1

 
78.3

 
8.0

 
49.1

Net Impairment Losses Recognized in Earnings
 
(8.7
)
 
(6.3
)
 
(3.8
)
 
(3.4
)
Other
 
13.0

 
10.6

 
4.6

 
4.6

Total Revenues
 
$
1,636.9

 
$
1,840.5

 
$
539.8

 
$
635.7

Segment Operating Profit, including a reconciliation to Income from Continuing Operations before Income Taxes, for the nine and three months ended September 30, 2014 and 2013 was:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2014
 
Sep 30,
2013
 
Sep 30,
2014
 
Sep 30,
2013
Segment Operating Profit (Loss):
 
 
 
 
 
 
 
 
Property & Casualty Insurance
 
$
(8.9
)
 
$
98.0

 
$
(23.9
)
 
$
32.2

Life & Health Insurance
 
90.7

 
98.3

 
31.4

 
35.2

Total Segment Operating Profit
 
81.8

 
196.3

 
7.5

 
67.4

Corporate and Other Operating Loss
 
(24.1
)
 
(35.3
)
 
(7.7
)
 
(11.1
)
Total Operating Profit (Loss)
 
57.7

 
161.0

 
(0.2
)
 
56.3

Net Realized Gains on Sales of Investments
 
18.1

 
78.3

 
8.0

 
49.1

Net Impairment Losses Recognized in Earnings
 
(8.7
)
 
(6.3
)
 
(3.8
)
 
(3.4
)
Income from Continuing Operations before Income Taxes
 
$
67.1

 
$
233.0

 
$
4.0

 
$
102.0


Note 10 - Business Segments (continued)
Segment Net Operating Income, including a reconciliation to Income from Continuing Operations, for the nine and three months ended September 30, 2014 and 2013 was:
 
 
Nine Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Sep 30,
2014
 
Sep 30,
2013
 
Sep 30,
2014
 
Sep 30,
2013
Segment Net Operating Income (Loss):
 
 
 
 
 
 
 
 
Property & Casualty Insurance
 
$
(0.4
)
 
$
71.5

 
$
(13.6
)
 
$
23.4

Life & Health Insurance
 
58.3

 
64.4

 
20.3

 
22.9

Total Segment Net Operating Income
 
57.9

 
135.9

 
6.7

 
46.3

Corporate and Other Net Operating Loss
 
(14.7
)
 
(23.0
)
 
(4.6
)
 
(7.4
)
Consolidated Net Operating Income
 
43.2

 
112.9

 
2.1

 
38.9

Net Income (Loss) From:
 
 
 
 
 
 
 
 
Net Realized Gains on Sales of Investments
 
11.8

 
50.9

 
5.2

 
31.9

Net Impairment Losses Recognized in Earnings
 
(5.7
)
 
(4.1
)
 
(2.5
)
 
(2.2
)
Income from Continuing Operations
 
$
49.3

 
$
159.7

 
$
4.8

 
$
68.6