XML 47 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Document Period End Date Sep. 30, 2019  
Assets    
Fixed maturities, available-for-sale, at fair value (amortized cost $2,129.0 and $2,188.2, respectively) $ 2,189.3 $ 2,159.5
Equity securities 373.3 315.0
Other invested assets 64.6 48.8
Other invested assets, at cost 6.5 5.6
Notes receivable from affiliate 70.0 70.0
Total investments 2,703.7 2,598.9
Cash and cash equivalents 38.3 59.8
Accrued investment income and other assets 34.7 32.4
Deferred policy acquisition costs (affiliated net assumed $53.0 and $48.3, respectively) 114.3 101.9
Reinsurance recoverable on losses and loss expenses payable 7.2 5.5
Prepaid reinsurance premiums 7.5 6.6
Due from Affiliates 17.4 0.0
Current federal income taxes 6.3 5.9
Net deferred federal income taxes 46.2 77.8
Property and equipment, at cost 4.2 7.1
Total assets 2,979.8 2,895.9
Liabilities and Stockholders’ Equity    
Losses and loss expenses payable (affiliated net assumed $521.5 and $593.6, respectively) 1,092.7 1,146.8
Unearned premiums (affiliated net assumed $111.7 and $112.4, respectively) 649.2 584.2
Notes payable (affiliates $15.2 and $15.2, respectively) 122.0 122.0
Pension and postretirement benefits 70.3 83.0
Due to Affiliate 0.0 22.4
Other liabilities (affiliated net assumed $13.1 and $19.9, respectively) 101.9 119.0
Total liabilities 2,036.1 2,077.4
Stockholders’ equity:    
Common stock, without par value. Authorized 100.0 shares; 50.3 and 50.0 shares issued, respectively, at stated value of $2.50 per share 125.8 125.0
Treasury stock, 6.8 and 6.8 shares, respectively, at cost (117.5) (117.0)
Additional paid-in capital 205.2 194.2
Accumulated other comprehensive loss (24.2) (96.4)
Retained earnings 754.4 712.7
Total stockholders’ equity 943.7 818.5
Total liabilities and stockholders’ equity 2,979.8 2,895.9
Class A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value 0.0 0.0
Class B Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value $ 0.0 $ 0.0