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Business Segments (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Assets
Segment Assets at December 31, 2022 and 2021 were:
DOLLARS IN MILLIONS20222021
Specialty Property & Casualty Insurance$5,492.3 $5,936.5 
Preferred Property & Casualty Insurance1,175.3 1,230.1 
Life & Health Insurance4,850.8 6,062.6 
Corporate and Other, Net1,845.6 1,687.3 
Total Assets$13,364.0 $14,916.5 
Earned Premiums by Product Line
Earned Premiums by product line for the years ended December 31, 2022, 2021 and 2020 were:
DOLLARS IN MILLIONS202220212020
Specialty Property & Casualty Insurance:
Personal Automobile$3,496.7 $3,533.7 $3,031.3 
Commercial Automobile549.7 414.8 304.0 
Preferred Property & Casualty Insurance:
Preferred Automobile363.7 410.5 431.7 
Homeowners200.0 207.3 220.7 
Other Personal Lines31.8 33.9 35.8 
Life & Health Insurance:
Life405.7 401.7 385.7 
Accident & Health168.2 189.9 199.3 
Property50.5 61.9 63.7 
Total Earned Premiums$5,266.3 $5,253.7 $4,672.2 
Segment Revenues
Segment Revenues, including a reconciliation to Total Revenues, for the years ended December 31, 2022, 2021 and 2020 were:
DOLLARS IN MILLIONS202220212020
Segment Revenues:
Specialty Property & Casualty Insurance:
Earned Premiums$4,046.4 $3,948.5 $3,335.3 
Net Investment Income140.7 152.5 114.1 
Change in Value of Alternative Energy Partnership Investments(9.9)(29.0)— 
Other Income6.0 4.1 1.8 
Total Specialty Property & Casualty Insurance4,183.2 4,076.1 3,451.2 
Preferred Property & Casualty Insurance:
Earned Premiums595.5 651.7 688.2 
Net Investment Income49.7 68.6 37.7 
Change in Value of Alternative Energy Partnership Investments(4.7)(16.3)— 
Other Income— — 0.1 
Total Preferred Property & Casualty Insurance640.5 704.0 726.0 
Life & Health Insurance:
Earned Premiums624.4 653.5 648.7 
Net Investment Income216.5 202.7 198.8 
Change in Value of Alternative Energy Partnership Investments(5.3)(15.8)— 
Other (Loss) Income(0.6)(1.3)0.6 
Total Life & Health Insurance835.0 839.1 848.1 
Total Segment Revenues5,658.7 5,619.2 5,025.3 
(Loss) Income from Change in Fair Value of Equity and Convertible Securities(79.9)114.6 72.1 
Net Realized Investment Gains4.3 64.8 38.1 
Net Impairment Losses Recognized in Earnings(25.8)(11.0)(19.5)
Other19.5 5.4 89.7 
Total Revenues$5,576.8 $5,793.0 $5,205.7 
Segment Operating Profit
Segment Operating (Loss) Income, including a reconciliation to (Loss) Income before Income Taxes, for the years ended December 31, 2022, 2021 and 2020 was:
DOLLARS IN MILLIONS202220212020
Segment Operating (Loss) Income:
Specialty Property & Casualty Insurance$(196.9)$(292.1)$420.9 
Preferred Property & Casualty Insurance(36.4)(39.8)1.8 
Life & Health Insurance59.5 10.5 71.2 
Total Segment Operating (Loss) Income(173.8)(321.4)493.9 
Corporate and Other Operating (Loss) Income From:
Partial Satisfaction of Judgment— — 89.4 
Other(47.7)(48.4)(36.5)
Corporate and Other Operating (Loss) Income(47.7)(48.4)52.9 
Adjusted Consolidated Operating (Loss) Income(221.5)(369.8)546.8 
(Loss) Income from Change in Fair Value of Equity and Convertible Securities(79.9)114.6 72.1 
Net Realized Investment Gains4.3 64.8 38.1 
Impairment Losses(25.8)(11.0)(19.5)
Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs(62.9)(43.9)(63.3)
Pension Obligation Settlement Costs— — (64.1)
Loss from Early Extinguishment of Debt(3.7)— — 
(Loss) Income before Income Taxes $(389.5)$(245.3)$510.1 
Segment Net Income (Loss)
Segment Net Operating (Loss) Income, including a reconciliation to Net (Loss) Income, for the years ended December 31, 2022, 2021 and 2020 was:
DOLLARS IN MILLIONS202220212020
Segment Net Operating (Loss) Income:
Specialty Property & Casualty Insurance$(147.4)$(196.1)$337.9 
Preferred Property & Casualty Insurance(25.9)(12.5)3.5 
Life & Health Insurance54.2 28.2 60.0 
Total Segment Net Operating (Loss) Income (119.1)(180.4)401.4 
Corporate and Other Net Operating (Loss) Income From:
Partial Satisfaction of Judgment— — 70.6 
Other(37.8)(38.4)(33.2)
Total Corporate and Other Net Operating (Loss) Income(37.8)(38.4)37.4 
Adjusted Consolidated Net Operating (Loss) Income(156.9)(218.8)438.8 
Net (Loss) Income From:
Change in Fair Value of Equity and Convertible Securities(63.1)90.5 57.0 
Net Realized Investment Gains3.4 51.2 30.1 
Impairment Losses(20.4)(8.7)(15.4)
Acquisition and Disposition Related Transaction, Integration, Restructuring and Other Costs(61.3)(34.7)(50.0)
Pension Obligation Settlement Costs— — (50.6)
Loss from Early Extinguishment of Debt(2.9)— — 
Net (Loss) Income$(301.2)$(120.5)$409.9