XML 96 R77.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net deferred tax assets and liabilities [Abstract]                      
Total deferred tax assets $ 38,443       $ 63,533       $ 38,443 $ 63,533  
Total deferred tax liabilities (98,485)       (57,791)       (98,485) (57,791)  
Net deferred tax (liability) asset         5,742         5,742  
Deferred Tax Liabilities, Net (60,042)               (60,042)    
Components of net deferred tax asset [Abstract]                      
Unearned premium reserves 23,163       30,487       23,163 30,487  
Benefit plans (13,977)       (10,790)       (13,977) (10,790)  
Loss reserves 3,542       2,175       3,542 2,175  
Unrealized appreciation in investments (72,341)       (36,822)       (72,341) (36,822)  
Mortgage investments 0       8,359       0 8,359  
Deferred compensation 6,776       9,270       6,776 9,270  
AMT credit carryforward 0       8,303       0 8,303  
Other, net (7,205)       (5,240)       (7,205) (5,240)  
Components of provisions for (benefit from) income taxes [Abstract]                      
Current Federal                 85,574 162,911 $ (16,272)
Deferred Federal                 28,244 11,860 185,598
Other                 (648) (557) 4,727
Provision for income taxes 38,782 $ 33,518 $ 2,436 $ 38,434 45,599 $ 46,186 $ 43,433 $ 38,996 113,170 174,214 174,053
Income taxes paid                 79,600 $ 158,300 $ 12,200
Amount of tax and loss bonds held 271,000               $ 271,000    
Reconciliation of effective income tax rate [Abstract]                      
Federal statutory income tax rate (in hundredths)                 21.00% 21.00% 21.00%
Additional income tax provision related to IRS litigation (in hundredths)                 0.00% 0.00% (0.30%)
Tax exempt municipal bond interest (in hundredths)                 (0.90%) (0.60%) (0.70%)
Other, net (in hundredths)                 0.10% 0.10% 0.60%
Effective income tax provision rate (in hundredths)                 20.20% 20.50% 20.60%
Unrecognized tax benefits $ 0       $ 0       $ 0 $ 0  
IRS                      
Reconciliation of effective income tax rate [Abstract]                      
Tax and interest payments for IRS settlement                     $ 14,800
State tax authorities                      
Reconciliation of effective income tax rate [Abstract]                      
Tax and interest payments for IRS settlement                     $ 36,800