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FEDERAL INCOME TAX (Net Deferred Tax Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Deferred tax liabilities    
Deferred policy acquisition costs $ 52,031 $ 53,960
Prepaid pension cost 4,449 1,920
Net bond discount accretion 1,134 1,430
Depreciation 854 1,791
Revaluation of investment basis 1,342 1,824
Identifiable intangible assets 3,311 3,560
Other 10,943 7,627
Gross deferred tax liability 148,415 141,945
Deferred tax assets    
Financial statement reserves in excess of income tax reserves 29,174 34,535
Unearned premium adjustment 30,697 28,679
Net operating loss carryforwards 718 1,265
Underfunded benefit plan obligation 13,374 25,810
Post-retirement benefits other than pensions 20,221 17,838
Other-than-temporary impairment of investments 4,658 5,609
Contingent ceding commission accrual 2,769 3,342
Compensation expense related to stock options 4,578 4,627
Other 7,356 6,852
Gross deferred tax asset 113,545 128,557
Valuation allowance (718) (1,265)
Deferred tax asset 112,827 127,292
Net deferred tax liability 35,588 14,653
Equity securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities 70,640 58,674
All other securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities $ 3,711 $ 11,159