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Business Segments (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Assets
Segment Assets at December 31, 2020 and 2019 were:
DOLLARS IN MILLIONS20202019
Specialty Property & Casualty Insurance$4,897.1 $4,435.2 
Preferred Property & Casualty Insurance1,711.2 1,549.8 
Life & Health Insurance6,457.0 5,847.9 
Corporate and Other, Net1,276.6 1,156.2 
Total Assets$14,341.9 $12,989.1 
Earned Premiums by Product Line
Earned Premiums by product line for the years ended December 31, 2020, 2019 and 2018 were:
DOLLARS IN MILLIONS202020192018
Specialty Property & Casualty Insurance:
Specialty Automobile$3,031.3 $2,825.6 $1,889.5 
Commercial Automobile304.0 252.8 137.9 
Preferred Property & Casualty Insurance:
Preferred Automobile431.7 470.2 440.2 
Homeowners220.7 241.3 250.1 
Other Personal Lines35.8 38.8 40.4 
Life & Health Insurance:
Life385.7 384.6 378.4 
Accident & Health199.3 190.9 177.5 
Property63.7 68.2 70.4 
Total Earned Premiums$4,672.2 $4,472.4 $3,384.4 
Segment Revenues
Segment Revenues, including a reconciliation to Total Revenues, for the years ended December 31, 2020, 2019 and 2018 were:
DOLLARS IN MILLIONS202020192018
Segment Revenues:
Specialty Property & Casualty Insurance:
Earned Premiums$3,335.3 $3,078.4 $2,027.4 
Net Investment Income114.1 107.5 63.4 
Other Income1.8 7.0 2.4 
Total Specialty Property & Casualty Insurance3,451.2 3,192.9 2,093.2 
Preferred Property & Casualty Insurance:
Earned Premiums688.2 750.3 730.7 
Net Investment Income37.7 44.1 61.8 
Other Income0.1 — — 
Total Preferred Property & Casualty Insurance726.0 794.4 792.5 
Life & Health Insurance:
Earned Premiums648.7 643.7 626.3 
Net Investment Income198.8 206.4 210.9 
Other Income0.6 8.5 4.0 
Total Life & Health Insurance848.1 858.6 841.2 
Total Segment Revenues5,025.3 4,845.9 3,726.9 
Income (Loss) from Change in Fair Value of Equity and Convertible Securities72.1 138.9 (64.3)
Net Realized Gains on the Sales of Investments38.1 41.9 26.4 
Impairment Losses(19.5)(13.8)(4.5)
Other89.7 26.3 40.6 
Total Revenues$5,205.7 $5,039.2 $3,725.1 
Segment Operating Profit
Segment Operating Profit, including a reconciliation to Income from Continuing Operations before Income Taxes, for the years ended December 31, 2020, 2019 and 2018 was:
DOLLARS IN MILLIONS202020192018
Segment Operating Profit (Loss):
Specialty Property & Casualty Insurance$420.9 $355.9 $145.6 
Preferred Property & Casualty Insurance1.8 52.3 28.6 
Life & Health Insurance71.2 121.9 115.9 
Total Segment Operating Profit493.9 530.1 290.1 
Corporate and Other Operating Profit (Loss) From:
Partial Satisfaction of Judgment89.4 20.1 35.7 
Other(36.5)(31.4)(39.6)
Corporate and Other Operating Profit (Loss)52.9 (11.3)(3.9)
Adjusted Consolidated Operating Profit (Loss)546.8 518.8 286.2 
Income (Loss) from Change in Fair Value of Equity and Convertible Securities72.1 138.9 (64.3)
Net Realized Gains on Sales of Investments38.1 41.9 26.4 
Impairment Losses(19.5)(13.8)(4.5)
Acquisition Related Transaction, Integration and Other Costs
(63.3)(18.4)(44.7)
Pension Obligation Settlement Costs(64.1)— — 
Loss from Early Extinguishment of Debt
 (5.8)— 
Income from Continuing Operations before Income Taxes
$510.1 $661.6 $199.1 
Segment Net Income (Loss)
Segment Net Operating Income, including a reconciliation to Income from Continuing Operations, for the years ended December 31, 2020, 2019 and 2018 was:
DOLLARS IN MILLIONS202020192018
Segment Net Operating Income (Loss):
Specialty Property & Casualty Insurance$337.9 $283.1 $115.8 
Preferred Property & Casualty Insurance3.5 41.9 25.7 
Life & Health Insurance60.0 98.7 91.5 
Total Segment Net Operating Income (Loss)401.4 423.7 233.0 
Corporate and Other Net Operating Income (Loss) From:
Effects of Tax Law Changes — 26.4 
Partial Satisfaction of Judgment70.6 15.9 28.2 
Other(33.2)(21.3)(29.2)
Total Corporate and Other Net Operating Income (Loss)37.4 (5.4)25.4 
Adjusted Consolidated Net Operating Income438.8 418.3 258.4 
Net Income (Loss) From:
Change in Fair Value of Equity and Convertible Securities57.0 109.7 (50.8)
Net Realized Gains on Sales of Investments30.1 33.1 20.9 
Impairment Losses(15.4)(10.9)(3.6)
Acquisition Related Transaction, Integration and Other Costs(50.0)(14.5)(36.5)
Pension Obligation Settlement Costs(50.6)— — 
Loss from Early Extinguishment of Debt (4.6)— 
Income from Continuing Operations$409.9 $531.1 $188.4