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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net Income $ 155.3 $ 53.8
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Amortization of Intangible Assets Acquired 8.7 0.3
Equity in Earnings of Equity Method Limited Liability Investments (3.6) (7.1)
Distribution of Accumulated Earnings of Equity Method Limited Liability Investments 4.3 1.1
Increase in Value of Equity and Convertible Securities at Fair Value (64.4) (0.7)
Amortization of Investment Securities and Depreciation of Investment Real Estate 1.6 2.3
Net Realized Gains on Sales of Investments (16.1) (2.6)
Net Impairment Losses Recognized in Earnings 3.6 0.5
Depreciation of Property and Equipment 3.1 5.0
Increase in Receivables (56.1) (14.5)
Increase in Deferred Policy Acquisition Costs (29.2) (12.7)
Increase in Insurance Reserves 3.8 2.1
Increase in Unearned Premiums 75.2 36.3
Change in Income Taxes 40.1 18.1
Change in Accrued Expenses and Other Liabilities (42.4) (13.5)
Other, Net 5.1 5.6
Net Cash Provided by Operating Activities 89.0 74.0
Investing Activities:    
Sales, Paydowns and Maturities of Fixed Maturities 402.6 397.8
Purchases of Fixed Maturities (368.4) (408.6)
Sales of Equity and Convertible Securities 39.6 32.4
Purchases of Equity and Convertible Securities (207.6) (51.1)
Sale of and Return of Investment of Equity Method Limited Liability Investments 7.1 1.6
Acquisitions of Equity Method Limited Liability Investments (18.6) (3.5)
Decrease (Increase) in Short-term Investments (53.3) 47.2
Improvements of Investment Real Estate (0.4) (0.7)
Increase (Decrease) in Other Investments (10.6) 2.1
Acquisition and Development of Software (9.3) (22.1)
Other, Net (0.8) 2.9
Net Cash Used by Investing Activities (219.7) (2.0)
Financing Activities:    
Dividends and Dividend Equivalents Paid (16.4) (12.5)
Proceeds from Advances from FHLB 187.7 10.0
Repayments of Debt, Maturing in More than Three Months (10.0) 0.0
Cash Exercise of Stock Options 1.3 0.6
Other, Net 0.0 (0.4)
Net Cash Provided (Used) by Financing Activities 162.6 (2.3)
Increase in Cash 31.9 69.7
Cash, Beginning of Year 75.1 45.7
Cash, End of Period $ 107.0 $ 115.4