Property and Casualty Insurance Reserves (Tables)

3 Months Ended

Mar. 31, 2020

Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [Abstract]

Liability for Unpaid Claims Adjustment Expense by Expense Type

Property and casualty insurance reserve activity for the three months ended March 31, 2020 and 2019 was:

	Three Months Ended
(Dollars in Millions)	Mar 31, 2020		Mar 31, 2019
Property and Casualty Insurance Reserves:
Gross of Reinsurance at Beginning of Year	$	1,969.8	$	1,874.9
Less Reinsurance Recoverables at Beginning of Year	65.6		101.9
Property and Casualty Insurance Reserves - Net of Reinsurance at Beginning of Year	1,904.2		1,773.0
Incurred Losses and LAE Related to:
Current Year	738.1		687.6
Prior Years	0.9		(21.4		)
Total Incurred Losses and LAE	739.0		666.2
Paid Losses and LAE Related to:
Current Year	257.0		223.5
Prior Years	505.8		445.4
Total Paid Losses and LAE	762.8		668.9
Property and Casualty Insurance Reserves - Net of Reinsurance at End of Period	1,880.4		1,770.3
Plus Reinsurance Recoverables at End of Period	61.2		98.4
Property and Casualty Insurance Reserves - Gross of Reinsurance at End of Period	$	1,941.6	$	1,868.7

Premium Receivable, Allowance for Credit Loss

The following table presents a rollforward of the receivables from policyholders, net of the allowance for expected credit losses including the changes in the allowance for expected credit losses for the three months ended March 31, 2020.

(Dollars in Millions)	Receivables from Policyholders, Net of Allowance for Expected Credit Losses		Allowance for Expected Credit Losses
Balance at Beginning of Year	$	1,117.1	$	22.3
Current Period Change for Expected Credit Losses			11.9
Write-offs of Uncollectible Receivables from Policyholders			(11.1		)
Balance at End of Period	$	1,219.1	$	23.1