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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES        
Earned premiums $ 773 $ 768 $ 1,555 $ 1,515
Investment income, net of expenses 132 130 263 260
Fee revenues 1 1 2 2
Other revenues 2 2 5 3
Realized investment gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities 0 (1) 0 (2)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income        
Other realized investment gains, net 67 (22) 79 (13)
Total realized investment gains, net 67 (23) 79 (15)
Total revenues 975 878 1,904 1,765
BENEFITS AND EXPENSES        
Insurance losses and policyholder benefits 801 595 1,376 1,111
Underwriting, acquisition and insurance expenses 251 246 512 514
Other operating expenses 6 3 10 7
Interest expense 14 13 27 27
Total benefits and expenses 1,072 857 1,925 1,659
INCOME BEFORE INCOME TAXES (97) 21 (21) 106
PROVISION (BENEFIT) FOR INCOME TAXES        
Current (50) 10 (26) 25
Deferred 2 (16) (8) (14)
Total provision for income taxes (48) (6) (34) 11
NET INCOME $ (49) $ 27 $ 13 $ 95
PER COMMON SHARE        
Net income-basic $ (0.30) $ 0.17 $ 0.08 $ 0.59
Net income-diluted $ (0.30) $ 0.17 $ 0.08 $ 0.58