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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Revenues          
Premiums earned $ 1,241 $ 1,137 $ 3,631 $ 3,333  
Net investment income 109 105 316 326  
Net realized investment gains (losses) 191 169 501 358  
Net impairment losses recognized in earnings (9) 0 (10) 0  
Equity in earnings of limited partnerships 37 41 112 99  
Other income 8 8 24 24  
Total revenues 1,577 1,460 4,574 4,140  
Benefits and expenses          
Insurance losses and loss expenses 868 912 2,571 2,571  
Policy acquisition and underwriting expenses 311 278 906 835  
Total benefits and expenses 1,179 1,190 3,477 3,406  
Income (loss) from operations before income taxes and noncontrolling interest 398 270 1,097 734  
Provision for income taxes 131 86 363 234  
Net income (loss) 267 184 734 500 619
Less: Net income attributable to noncontrolling interest in consolidated entity – Exchange 221 133 607 370  
Net income attributable to Indemnity 46 51 127 130  
Indemnity
         
Revenues          
Net investment income 4 4 11 12  
Net realized investment gains (losses) 1 2 1 4  
Net impairment losses recognized in earnings 0 0 0 0  
Benefits and expenses          
Income (loss) from operations before income taxes and noncontrolling interest 70 78 193 197  
Provision for income taxes 24 27 66 67  
Net income (loss)     127   160
Net income attributable to Indemnity $ 46 $ 51 $ 127 $ 130  
Class A | Indemnity
         
Net income attributable to Indemnity per share          
Common stock - basic (in dollars per share) $ 0.98 $ 1.08 $ 2.71 $ 2.73  
Common stock - diluted (in dollars per share) $ 0.87 $ 0.96 $ 2.41 $ 2.43  
Weighted average shares outstanding attributable to Indemnity - Basic          
Common stock - basic (in shares) 46,656,911 47,188,741 46,707,971 47,476,693  
Weighted average shares outstanding attributable to Indemnity - Diluted          
Common stock - diluted (in shares) 52,851,250 53,374,846 52,902,310 53,662,798  
Dividends declared per share          
Common stock (in dollars per share) $ 0.5925 $ 0.5525 $ 1.7775 $ 1.6575 $ 4.25
Class B | Indemnity
         
Net income attributable to Indemnity per share          
Common stock - basic (in dollars per share) $ 147.00 $ 162.00 $ 406.00 $ 411.00  
Common stock - diluted (in dollars per share) $ 147.00 $ 162.00 $ 406.00 $ 411.00  
Weighted average shares outstanding attributable to Indemnity - Basic          
Common stock - basic (in shares) 2,542 2,544 2,542 2,544  
Weighted average shares outstanding attributable to Indemnity - Diluted          
Common stock - diluted (in shares) 2,542 2,544 2,542 2,544  
Dividends declared per share          
Common stock (in dollars per share) $ 88.8750 $ 82.8750 $ 266.6250 $ 248.6250 $ 637.5000