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Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
 
 
Three Months Ended (Unaudited)
 
Year Ended
DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS
 
Mar 31,
2014
 
Jun 30,
2014
 
Sep 30,
2014
 
Dec 31,
2014
 
Dec 31,
2014
Revenues:
 
 
 
 
 
 
 
 
 
 
Earned Premiums
 
$
477.6

 
$
470.3

 
$
462.8

 
$
451.5

 
$
1,862.2

Net Investment Income
 
71.1

 
72.6

 
72.3

 
93.1

 
309.1

Other Income
 
0.1

 
0.2

 
0.5

 
0.6

 
1.4

Net Realized Gains on Sales of Investments
 
6.6

 
3.5

 
8.0

 
21.0

 
39.1

Other-than-temporary Impairment Losses:
 
 
 
 
 
 
 
 
 
 
Total Other-than-temporary Impairment Losses
 
(0.8
)
 
(4.1
)
 
(3.8
)
 
(6.5
)
 
(15.2
)
Portion of Losses Recognized in Other Comprehensive Income
 

 

 

 

 

Net Impairment Losses Recognized in Earnings
 
(0.8
)
 
(4.1
)
 
(3.8
)
 
(6.5
)
 
(15.2
)
Total Revenues
 
554.6

 
542.5

 
539.8

 
559.7

 
2,196.6

Expenses:
 
 
 
 
 
 
 
 
 
 
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
 
327.9

 
347.5

 
300.5

 
285.8

 
1,261.7

Insurance Expenses
 
152.1

 
161.3

 
158.6

 
156.4

 
628.4

Write-off of Long-lived Asset
 

 

 
54.6

 

 
54.6

Interest and Other Expenses
 
22.7

 
22.5

 
22.1

 
24.4

 
91.7

Total Expenses
 
502.7

 
531.3

 
535.8

 
466.6

 
2,036.4

Income from Continuing Operations before Income Taxes
 
51.9

 
11.2

 
4.0

 
93.1

 
160.2

Income Tax Benefit (Expense)
 
(16.7
)
 
(1.9
)
 
0.8

 
(29.8
)
 
(47.6
)
Income from Continuing Operations
 
35.2

 
9.3

 
4.8

 
63.3

 
112.6

Income (Loss) from Discontinued Operations
 
(0.1
)
 

 
(0.1
)
 
2.1

 
1.9

Net Income
 
$
35.1

 
$
9.3

 
$
4.7

 
$
65.4

 
$
114.5

Income from Continuing Operations Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.63

 
$
0.17

 
$
0.09

 
$
1.20

 
$
2.08

Diluted
 
$
0.63

 
$
0.17

 
$
0.09

 
$
1.20

 
$
2.08

Net Income Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.63

 
$
0.17

 
$
0.09

 
$
1.24

 
$
2.12

Diluted
 
$
0.63

 
$
0.17

 
$
0.09

 
$
1.24

 
$
2.12

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 24. QUARTERLY FINANCIAL INFORMATION (Unaudited) (Continued)
 
 
Three Months Ended (Unaudited)
 
Year Ended
DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS
 
Mar 31,
2013
 
Jun 30,
2013
 
Sep 30,
2013
 
Dec 31,
2013
 
Dec 31,
2013
Revenues:
 
 
 
 
 
 
 
 
 
 
Earned Premiums
 
$
509.9

 
$
512.8

 
$
507.5

 
$
495.6

 
$
2,025.8

Net Investment Income
 
80.8

 
74.6

 
82.4

 
76.9

 
314.7

Other Income
 
0.2

 
0.2

 
0.1

 
0.3

 
0.8

Net Realized Gains on Sales of Investments
 
26.9

 
2.3

 
49.1

 
20.8

 
99.1

Other-than-temporary Impairment Losses:
 
 
 
 
 
 
 
 
 
 
Total Other-than-temporary Impairment Losses
 
(2.4
)
 
(2.3
)
 
(3.5
)
 
(7.6
)
 
(15.8
)
Portion of Losses Recognized in Other Comprehensive Income
 
0.5

 
1.3

 
0.1

 

 
1.9

Net Impairment Losses Recognized in Earnings
 
(1.9
)
 
(1.0
)
 
(3.4
)
 
(7.6
)
 
(13.9
)
Total Revenues
 
615.9

 
588.9

 
635.7

 
586.0

 
2,426.5

Expenses:
 
 
 
 
 
 
 
 
 
 
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
 
349.2

 
354.2

 
338.3

 
315.5

 
1,357.2

Insurance Expenses
 
158.3

 
163.1

 
170.1

 
162.9

 
654.4

Interest and Other Expenses
 
23.8

 
25.2

 
25.3

 
26.2

 
100.5

Total Expenses
 
531.3

 
542.5

 
533.7

 
504.6

 
2,112.1

Income from Continuing Operations before Income Taxes
 
84.6

 
46.4

 
102.0

 
81.4

 
314.4

Income Tax Expense
 
(26.0
)
 
(13.9
)
 
(33.4
)
 
(26.6
)
 
(99.9
)
Income from Continuing Operations
 
58.6

 
32.5

 
68.6

 
54.8

 
214.5

Income (Loss) from Discontinued Operations
 
(0.2
)
 
1.5

 
1.5

 
0.4

 
3.2

Net Income
 
$
58.4

 
$
34.0

 
$
70.1

 
$
55.2

 
$
217.7

Income from Continuing Operations Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.00

 
$
0.56

 
$
1.21

 
$
0.98

 
$
3.75

Diluted
 
$
1.00

 
$
0.56

 
$
1.21

 
$
0.98

 
$
3.74

Net Income Per Unrestricted Share:
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.00

 
$
0.59

 
$
1.24

 
$
0.99

 
$
3.81

Diluted
 
$
1.00

 
$
0.59

 
$
1.23

 
$
0.99

 
$
3.80

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.