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FEDERAL INCOME TAX (Net Deferred Tax Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Deferred tax liabilities    
Deferred policy acquisition costs $ 19,487 $ 30,404
Investments in partnerships 2,510 3,653
Prepaid pension cost 4,158 3,416
Net bond discount accretion 296 666
Depreciation 1,063 593
Revaluation of investment basis 419 545
Identifiable intangible assets 1,689 1,838
Other 1,639 1,934
Gross deferred tax liability 67,213 101,487
Deferred tax assets    
Financial statement reserves in excess of income tax reserves 19,800 17,036
Unearned premium adjustment 20,406 19,389
Net operating loss carryforwards 0 329
Underfunded benefit plan obligation 5,622 12,375
Post-retirement benefits other than pensions 12,035 11,942
Other-than-temporary impairment of investments 2,094 2,313
Contingent ceding commission accrual 14 317
Alternative minimum tax credit carryforward 0 6,011
Compensation expense related to stock options 3,506 3,289
Other 4,648 4,145
Gross deferred tax asset 68,125 77,146
Valuation allowance 0 (329)
Deferred tax asset 68,125 76,817
Net deferred tax asset (912)  
Net deferred tax liability (asset)   24,670
Equity securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities 38,430 50,839
All other securities    
Deferred tax liabilities    
Net unrealized appreciation on investment securities $ (2,478) $ 7,599