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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net (loss) income $ (114.6) $ 49.4
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization, net 1.6 3.1
Share-based compensation 0.5 3.8
Net investment loss (gain) 135.2 (44.9)
Changes in operating assets and liabilities:    
Deferred policy acquisition costs (2.2) (2.4)
Accrued investment income and other assets (1.5) (4.1)
Postretirement and pension benefits (0.9) (0.1)
Other liabilities and due to/from affiliates, net (26.2) (33.6)
Reinsurance recoverable on losses and loss expenses payable and prepaid reinsurance premiums (26.5) 0.8
Losses and loss expenses payable 19.5 (17.9)
Unearned premiums 16.5 3.3
Excess Tax Benefit from Share-based Compensation, Operating Activities (0.2) 0.2
Federal income taxes (29.2) 12.0
Net cash used in operating activities (28.0) (30.4)
Cash flows from investing activities:    
Purchases of fixed maturities available-for-sale (122.4) (137.2)
Purchases of equity securities (16.1) (19.5)
Purchases of other invested assets (6.6) (1.0)
Maturities, calls and pay downs of fixed maturities available-for-sale 67.9 125.9
Sales of fixed maturities available-for-sale 83.5 65.6
Sales of equity securities 13.2 12.7
Sales of other invested assets 0.4 0.3
Proceeds from Sale of Property, Plant, and Equipment 0.2 0.0
Net cash provided by investing activities 20.1 46.8
Cash flows from financing activities:    
Proceeds from issuance of common stock 1.8 1.0
Payments to acquire treasury stock (0.9) (0.5)
Payment of dividends (4.4) (4.4)
Proceeds from Short-term Debt 60.0 0.0
Net cash provided by (used in) financing activities 56.5 (3.9)
Net increase in cash and cash equivalents 48.6 12.5
Cash and cash equivalents at beginning of period 78.0 59.8
Cash and cash equivalents at end of period 126.6 72.3
Supplemental disclosures:    
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 1.2 $ 1.7