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FEDERAL INCOME TAX (Net Deferred Tax Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Deferred tax liabilities    
Deferred policy acquisition costs $ 30,404 $ 52,031
Investments in partnerships 3,653 8,112
Prepaid pension cost 3,416 4,449
Net bond discount accretion 666 1,134
Depreciation 593 854
Revaluation of investment basis 545 1,342
Identifiable intangible assets 1,838 3,311
Other 1,934 2,831
Gross deferred tax liability 101,487 148,415
Deferred tax assets    
Financial statement reserves in excess of income tax reserves 17,036 29,174
Unearned premium adjustment 19,389 30,697
Net operating loss carryforwards 329 718
Underfunded benefit plan obligation 12,375 13,374
Post-retirement benefits other than pensions 11,942 20,221
Other-than-temporary impairment of investments 2,313 4,658
Contingent ceding commission accrual 317 2,769
Alternative minimum tax credit carryforward 6,011 1,194
Compensation expense related to stock options 3,289 4,578
Other 4,145 6,162
Gross deferred tax asset 77,146 113,545
Valuation allowance (329) (718)
Deferred tax asset 76,817 112,827
Net deferred tax liability 24,670 35,588
Equity securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities 50,839 70,640
All other securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities $ 7,599 $ 3,711