XML 34 R75.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 9 - Losses and LAE Rescissions And Denials (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 15 Months Ended 33 Months Ended 15 Months Ended 33 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Mortgage Insurance Segment
Sep. 30, 2013
Mortgage Insurance Segment
Sep. 30, 2014
Mortgage Insurance Segment
Sep. 30, 2013
Mortgage Insurance Segment
Dec. 31, 2013
Mortgage Insurance Segment
Sep. 30, 2014
Mortgage Insurance Segment
Claims Denied in the Last Twelve Months [Member]
Sep. 30, 2014
Mortgage Insurance Segment
Curtailed Claim Payments in the Last Twenty Four Months [Member]
Sep. 30, 2014
Mortgage Insurance Segment
Policies Rescinded in the Last Twenty Four Months [Member]
Sep. 30, 2014
Maximum [Member]
Mortgage Insurance Segment
Claims Denied in the Last Twelve Months [Member]
Sep. 30, 2014
Maximum [Member]
Mortgage Insurance Segment
Policies Rescinded in the Last Twenty Four Months [Member]
Sep. 30, 2014
Minimum [Member]
Mortgage Insurance Segment
Claims Denied in the Last Twelve Months [Member]
Sep. 30, 2014
Minimum [Member]
Mortgage Insurance Segment
Policies Rescinded in the Last Twenty Four Months [Member]
Sep. 30, 2014
Bank of America Settlement Agreement [Member]
Mortgage Insurance Segment
servicers
Aug. 31, 2013
2013 Freddie Mac Agreement [Member]
Mortgage Insurance Segment
Sep. 30, 2014
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Primary Mortgage Product [Member]
Mortgage Insurance Segment
Sep. 30, 2014
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Primary Mortgage Product [Member]
Mortgage Insurance Segment
Dec. 31, 2013
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Primary Mortgage Product [Member]
Mortgage Insurance Segment
Sep. 30, 2014
Pro Forma [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Primary Mortgage Product [Member]
Bank of America Settlement Agreement [Member]
Mortgage Insurance Segment
Sep. 30, 2014
Pro Forma [Member]
First Lien Position [Member]
2013 Freddie Mac Agreement [Member]
Primary Mortgage Product [Member]
Bank of America Settlement Agreement [Member]
Mortgage Insurance Segment
Rescissions And Denials [Line Items]                                        
Final Loss Mitigation Activity                               $ 38        
Not Final Loss Mitigation Activity                                 118     32
Proposed Final Loss Mitigation Activity Related to Settlement of Dispute                                     106  
Restricted Investments Held as Collateral for Master Transaction Agreement, Net                             205 209 209 205    
Decrease To Our Loss Reserves Due To Estimated Rescissions And Denials   134   134   247                            
Claims Rescissions and Denials [Abstract]                                        
Claim rescissions   14.5 21.6 48.3 56.5                              
Claim denials   39.0 4.1 45.0 131.3                              
Total rescissions and denials   53.5 [1] 25.7 [1] 93.3 [1] 187.8 [1]                              
Number of Servicers With Which the Entity is in Settlement Discussions With                           1            
Minimum Number of Days Past Due for a Loan to be Included in Settlement Agreement 90 days                                      
Loss Contingency, Settlement Agreement, Percentage of Subject Loans Not Held by Insureds or Are Non-GSE Investors                           12.00%            
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred but Not Reported (IBNR) Claims, Amount   153.3   153.3   281.9 18.3 10.2 1.9         112.3            
Gross Exposure Related to Denied Claims From Previous Twelve Months             140.8                          
Gross Exposure Related to Rescinded Policies Within Twenty Four Months                 135.0                      
Net Exposure Related to Claim Curtailments Within Twenty Four Months               63                        
Number of Months That the Gross Reinstatement Rate Used in Estimating Claim Liability Declines             12 months   24 months                      
Gross Reinstatement Percentage Assumption for Denied Claims                   60.00%   0.00%                
Gross Reinstatement Percentage Assumption on Rescinded Policies                     20.00%   0.00%              
Accrued Liability For Premiums Expected To Be Refunded From Rescissions   $ 8.0   $ 8.0   $ 17.0                            
[1] Includes an amount related to a small number of submitted claims that were subsequently withdrawn by the insured.