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Property and Casualty Insurance Reserves (Tables)
 12 Months Ended
Dec. 31, 2018
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [Abstract]  
Short-duration Insurance Contracts, Claims Development [Table Text Block]
The following tables contain information about incurred and paid claims development as of and for the year ended December 31, 2018, net of reinsurance and indemnification, as well as cumulative claim frequency and the total of IBNR liabilities, including expected development on reported claims included within the net incurred losses and allocated LAE amounts. The tables are grouped by major product line and, if relevant, coverage. The information about incurred and paid claims development for the years ended December 31, 2014 through 2017 is presented as supplementary information and is unaudited.
NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Preferred Personal Automobile Insurance—Liability
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
202.1

 
$
198.3

 
$
200.2

 
$
202.8

 
$
203.5

 
$
0.4

 
46,268

2015
 
168.3

 
171.8

 
176.5

 
177.6

 
1.0

 
39,037

2016
 
162.1

 
174.5

 
179.1

 
4.8

 
36,778

2017
 
164.4

 
157.8

 
9.1

 
33,525

2018
 
157.6

 
43.4

 
29,665

Total
 
875.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
85.8

 
$
143.3

 
$
168.8

 
$
188.3

 
$
197.7

 
 
 
 
2015
 
73.1

 
122.4

 
147.5

 
163.1

 
 
 
 
2016
 
61.2

 
114.6

 
145.6

 
 
 
 
2017
 
59.2

 
108.9

 
 
 
 
2018
 
55.5

 
 
 
 
Total
 
670.8

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
13.2

 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
218.0

 
 
 
 
NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Preferred Personal Automobile Insurance—Physical Damage
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
122.0

 
$
121.6

 
$
121.4

 
$
121.4

 
$
121.4

 
$
—

 
85,373

2015
 
101.2

 
100.7

 
100.6

 
100.6

 
—

 
68,486

2016
 
106.6

 
106.6

 
106.3

 
(0.1
)
 
69,633

2017
 
109.2

 
105.8

 
(0.5
)
 
66,083

2018
 
113.9

 
(1.7
)
 
59,795

Total
 
548.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
121.0

 
$
121.8

 
$
121.5

 
$
121.5

 
$
121.5

 
 
 
 
2015
 
100.1

 
101.0

 
100.7

 
100.6

 
 
 
 
2016
 
105.2

 
106.9

 
106.3

 
 
 
 
2017
 
104.4

 
106.1

 
 
 
 
2018
 
107.2

 
 
 
 
Total
 
541.7

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
(0.1
)
 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
6.2

 
 
 
 
NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Specialty Personal Automobile Insurance—Liability1 
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance and Indemnification
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
827.7

 
$
838.1

 
$
798.8

 
$
851.1

 
$
830.5

 
$
11.8

 
364,671

2015
 
965.1

 
855.1

 
965.1

 
972.3

 
18.5

 
400,513

2016
 
969.4

 
1,021.6

 
1,027.2

 
36.7

 
416,367

2017
 
997.7

 
999.9

 
69.5

 
394,692

2018
 
1,128.1

 
317.3

 
415,580

Total
 
4,958.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance and Indemnification
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
389.1

 
$
682.8

 
$
768.8

 
$
800.2

 
$
812.4

 
 
 
 
2015
 
450.5

 
794.9

 
898.9

 
934.7

 
 
 
 
2016
 
459.7

 
831.1

 
943.4

 
 
 
 
2017
 
441.9

 
808.6

 
 
 
 
2018
 
467.5

 
 
 
 
Total
 
3,966.6

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
15.3

 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
1,006.7

 
 
 
 
 
 
 
 
 
1 Table retrospectively includes Alliance United and Infinity’s historical incurred and paid accident year claim information for all periods presented.
NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Specialty Personal Automobile Insurance—Physical Damage1 
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance and Indemnification
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
347.2

 
$
332.2

 
$
331.8

 
$
332.1

 
$
332.1

 
$
(0.4
)
 
209,277

2015
 
403.8

 
407.1

 
406.7

 
406.5

 
—

 
230,872

2016
 
462.2

 
456.9

 
456.9

 
(0.1
)
 
246,102

2017
 
475.6

 
465.6

 
(0.5
)
 
251,672

2018
 
504.9

 
40.2

 
261,832

Total
 
2,166.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance and Indemnification
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
315.0

 
$
334.5

 
$
332.9

 
$
333.1

 
$
333.1

 
 
 
 
2015
 
382.4

 
408.8

 
406.7

 
406.4

 
 
 
 
2016
 
436.4

 
460.2

 
458.0

 
 
 
 
2017
 
443.0

 
468.7

 
 
 
 
2018
 
463.6

 
 
 
 
Total
 
2,129.8

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
(0.7
)
 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
35.5

 
 
 
 
 
 
 
 
 
1 Table retrospectively includes Alliance United and Infinity’s historical incurred and paid accident year claim information for all periods presented.

NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Commercial Automobile Insurance—Liability1 
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance and Indemnification
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
87.8

 
$
84.1

 
$
87.9

 
$
89.6

 
$
87.2

 
$
0.4

 
78,900

2015
 
102.5

 
106.9

 
112.9

 
112.3

 
2.5

 
94,291

2016
 
120.5

 
112.4

 
115.6

 
6.7

 
112,468

2017
 
120.5

 
120.0

 
16.6

 
126,680

2018
 
123.2

 
52.6

 
151,959

Total
 
558.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance and Indemnification
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
27.9

 
$
54.5

 
$
69.1

 
$
76.7

 
$
84.6

 
 
 
 
2015
 
34.8

 
70.2

 
88.6

 
100.3

 
 
 
 
2016
 
36.2

 
71.6

 
89.7

 
 
 
 
2017
 
36.3

 
72.3

 
 
 
 
2018
 
36.8

 
 
 
 
Total
 
383.7

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
1.0

 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
175.6

 
 
 
 
 
 
 
 
 
1 Table retrospectively includes Infinity’s historical incurred and paid accident year claim information for all periods presented.

NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Commercial Automobile Insurance—Physical Damage1 
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance and Indemnification
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
18.7

 
$
18.1

 
$
18.1

 
$
18.0

 
$
18.0

 
$
—

 
8,465

2015
 
21.5

 
21.6

 
21.7

 
21.7

 
—

 
9,642

2016
 
24.2

 
24.2

 
24.1

 
0.1

 
10,557

2017
 
24.2

 
23.5

 
0.2

 
9,776

2018
 
23.6

 
2.5

 
9,158

Total
 
110.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance and Indemnification
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
17.1

 
$
18.1

 
$
18.1

 
$
18.1

 
$
18.0

 
 
 
 
2015
 
20.2

 
21.6

 
21.7

 
21.7

 
 
 
 
2016
 
22.4

 
24.2

 
24.1

 
 
 
 
2017
 
22.2

 
23.5

 
 
 
 
2018
 
21.7

 
 
 
 
Total
 
109.0

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
—

 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
1.9

 
 
 
 
 
 
 
 
 
1 Table retrospectively includes Infinity’s historical incurred and paid accident year claim information for all periods presented.

NOTE 6. PROPERTY AND CASUALTY INSURANCE RESERVES (Continued)
Homeowners Insurance
DOLLARS IN MILLIONS, EXCEPT CUMULATIVE INCURRED CLAIMS
 
As of December 31, 2018
 
 
Incurred Losses and Allocated LAE, Net of Reinsurance
For the Years Ended December 31,
 
Total of IBNR Liabilities Plus Expected Development on Reported Claims
 
Cumulative Number of Reported Claims
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
2014
 
$
211.1

 
$
208.5

 
$
205.0

 
$
204.8

 
$
204.6

 
$
0.1

 
21,959

2015
 
178.9

 
164.9

 
163.2

 
164.3

 
(0.4
)
 
17,296

2016
 
200.3

 
201.7

 
204.2

 
1.4

 
18,146

2017
 
261.2

 
259.5

 
7.4

 
18,610

2018
 
185.9

 
21.4

 
13,725

Total
 
1,018.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Paid Losses and Allocated LAE, Net of Reinsurance
 
 
 
 
 
 
For the Years Ended December 31,
 
 
 
 
Accident Year
 
2014
(Unaudited)
 
2015
(Unaudited)
 
2016
(Unaudited)
 
2017
(Unaudited)
 
2018
 
 
 
 
2014
 
$
149.2

 
$
194.4

 
$
200.1

 
$
202.8

 
$
203.2

 
 
 
 
2015
 
116.9

 
154.4

 
158.0

 
161.3

 
 
 
 
2016
 
141.2

 
190.1

 
195.8

 
 
 
 
2017
 
165.8

 
242.5

 
 
 
 
2018
 
127.4

 
 
 
 
Total
 
930.2

 
 
 
 
Outstanding Loss and Allocated LAE Reserves on Accident Years before 2014, Net of Reinsurance
 
5.8

 
 
 
 
Loss and Allocated LAE Reserves, Net of Reinsurance
 
$
94.1

 
 
 
 
Liability for Unpaid Claims Adjustment Expense by Expense Type
Property and Casualty Insurance Reserve activity for the years ended December 31, 2018, 2017 and 2016 was:
DOLLARS IN MILLIONS
 
2018
 
2017
 
2016
Beginning Property and Casualty Insurance Reserves:
 
 
 
 
 
 
Gross of Reinsurance and Indemnification at Beginning of Year
 
$
1,016.8

 
$
931.4

 
$
862.8

Less Reinsurance Recoverables and Indemnification at Beginning of Year
 
53.1

 
50.2

 
52.0

Property and Casualty Insurance Reserves, Net of Reinsurance at Beginning of Year
 
963.7

 
881.2

 
810.8

Property and Casualty Insurance Reserves Acquired, Net of Reinsurance
 
695.1

 
—

 
—

Incurred Losses and LAE related to:
 
 
 
 
 
 
Current Year:
 
 
 
 
 
 
Continuing Operations
 
2,093.4

 
1,454.1

 
1,358.6

Prior Years:
 
 
 
 
 
 
Continuing Operations
 
(5.2
)
 
20.4

 
(14.4
)
Discontinued Operations
 
(2.2
)
 
(1.5
)
 
(6.3
)
Total Incurred Losses and LAE related to Prior Years
 
(7.4
)
 
18.9

 
(20.7
)
Total Incurred Losses and LAE
 
2,086.0

 
1,473.0

 
1,337.9

Paid Losses and LAE related to:
 
 
 
 
 
 
Current Year:
 
 
 
 
 
 
Continuing Operations
 
1,300.8

 
868.1

 
831.0

Prior Years:
 
 
 
 
 
 
Continuing Operations
 
668.2

 
518.5

 
431.9

Discontinued Operations
 
2.8

 
3.9

 
4.6

Total Paid Losses and LAE related to Prior Years
 
671.0

 
522.4

 
436.5

Total Paid Losses and LAE
 
1,971.8

 
1,390.5

 
1,267.5

Property and Casualty Insurance Reserves, Net of Reinsurance at End of Year
 
1,773.0

 
963.7

 
881.2

Plus Reinsurance Recoverables at End of Year
 
101.9

 
53.1

 
50.2

Property and Casualty Insurance Reserves, Gross of Reinsurance at End of Year
 
$
1,874.9

 
$
1,016.8

 
$
931.4
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Table Text Block]
The following table reconciles the net incurred and paid claims development tables presented above to the Company's liability for Property and Casualty Insurance Reserves included in the Consolidated Balance Sheet at December 31, 2018.
DOLLARS IN MILLIONS
 
2018
Property and Casualty Insurance Reserves, Net of Reinsurance:
 
 
Preferred Personal Automobile Insurance—Liability
 
$
218.0

Preferred Personal Automobile Insurance—Physical Damage
 
6.2

Specialty Personal Automobile Insurance—Liability
 
1,006.7

Specialty Personal Automobile Insurance—Physical Damage
 
35.5

Commercial Automobile Insurance - Liability
 
175.6

Commercial Automobile Insurance - Physical Damage
 
1.9

Homeowners Insurance
 
94.1

Other
 
63.2

Total
 
1,601.2

Reinsurance Recoverables on Unpaid Losses and Allocated LAE:
 
 
Preferred Personal Automobile Insurance—Liability
 
26.9

Preferred Personal Automobile Insurance—Physical Damage
 
0.1

Specialty Personal Automobile Insurance—Liability
 
9.2

Specialty Personal Automobile Insurance—Physical Damage
 
—

Commercial Automobile Insurance - Liability
 
13.1

Commercial Automobile Insurance - Physical Damage
 
—

Homeowners Insurance
 
42.7

Other
 
9.9

Total
 
101.9

Unallocated LAE
 
171.8

Property and Casualty Insurance Reserves, Gross of Reinsurance and Indemnification
 
$
1,874.9