Recent Accounting Pronouncements Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2012

Recent Accounting Pronouncements [Abstract]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

A summary of the impact of the adoption of this new guidance is shown below (dollars in thousands except per share amounts):



	Previously Reported			As Adjusted
At December 31, 2011:
Deferred policy acquisition costs	$	448,795		$	364,937
Deferred tax liability	31,623			2,835
Stockholders' equity	4,008,426			3,953,356

For the Nine Months Ended September 30, 2011:
Other operating costs and expenses	$	1,193,040		$	1,196,936
Income before income taxes	368,264			364,368
Federal and foreign income taxes	(91,485		)	(90,282		)
Net income	276,877			274,184

Basic net income per share	$	1.97		$	1.95
Diluted net income per share	1.89			1.87

For the Three Months Ended September 30, 2011:
Other operating costs and expenses	$	405,850		$	407,149
Income before income taxes	97,445			96,146
Federal and foreign income taxes	(20,176		)	(19,775		)
Net income	77,308			76,410

Basic net income per share	$	0.56		$	0.55
Diluted net income per share	0.53			0.53

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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