XML 66 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
segment
state
Dec. 31, 2017
USD ($)
state
Sep. 17, 2017
segment
Dec. 31, 2017
USD ($)
state
plan
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
holding_company
Item Effected [Line Items]            
Number of operating segments | segment 1   2      
Percentage of the gains and profits from the Lloyds plan available to United Fire & Indemnity Company       100.00%    
Number of holding companies dissolved | holding_company           3
Securities on deposit as required by law $ 1,492,928,000 $ 1,492,928,000   $ 1,492,928,000 $ 1,509,339,000  
Payment for income taxes       7,667,000 24,034,000 $ 39,497,000
Federal tax refund received       13,383,000 0 919,000
Interest payment       0 0 0
Increase (decrease) in DAC asset (6,294,000) (6,294,000)   (6,294,000) (6,413,000) (2,003,000)
Depreciation expense       3,805,000 5,266,000 5,704,000
Goodwill, impairment charge       0 0 0
Unrecognized tax benefit 0 0   $ 0 0 0
Number of equity compensation plans | plan       2    
Excess tax benefit   149,000   $ 695,000    
Accumulated effect of change in enacted tax rate       31,308,000    
Accumulated other comprehensive income, net of tax 168,314,000 168,314,000   168,314,000 109,055,000  
Retained earnings 608,700,000 608,700,000   608,700,000 616,322,000  
Future minimum lease payments $ 22,525,000 $ 22,525,000   $ 22,525,000    
Future minimum lease payments as a percentage of total assets (less than) 1.00% 1.00%   1.00%    
Minimum            
Item Effected [Line Items]            
Useful life       2 years    
Maximum            
Item Effected [Line Items]            
Useful life       15 years    
Continuing Operations - Property and Casualty Insurance            
Item Effected [Line Items]            
Number of states in which we are licensed as insurer | state 46 46   46    
Amortization expense       $ 769,000 769,000 769,000
Discontinued Operations - Life Insurance            
Item Effected [Line Items]            
Number of states in which we are licensed as insurer | state 37 37   37    
Discontinued Operations - Life Insurance | Minimum            
Item Effected [Line Items]            
Liability for future policy benefits, interest rate 3.15% 3.15%   3.15%    
Discontinued Operations - Life Insurance | Maximum            
Item Effected [Line Items]            
Liability for future policy benefits, interest rate 6.00% 6.00%   6.00%    
Accounting Standards Update 2016-01 [Member] | Pro Forma            
Item Effected [Line Items]            
Accumulated other comprehensive income, net of tax $ (242,100,000) $ (242,100,000)   $ (242,100,000)    
Retained earnings $ 242,100,000 $ 242,100,000   242,100,000    
Accumulated other comprehensive income, net of tax            
Item Effected [Line Items]            
Accumulated effect of change in enacted tax rate       31,308,000 0 0
Retained earnings            
Item Effected [Line Items]            
Accumulated effect of change in enacted tax rate       $ (31,308,000) $ 0 $ 0