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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) (USD $)
6 Months Ended
Jun. 30, 2012
Other corporate bonds
 
Unobservable Input  
Financial instruments with book value approximating to fair value $ 25,000,000
Corporate bonds | Liberty Life
 
Unobservable Input  
Acquired surplus note 40,000,000
Level 3
 
Unobservable Input  
Financial instruments that are valued using broker quotes 70,300,000
Financial instruments with book value approximating to fair value 134,700,000
Level 3 | Other asset-backed securities
 
Unobservable Input  
Financial instruments that are valued using broker quotes 65,100,000
Level 3 | Equity securities
 
Unobservable Input  
Financial instruments that are valued using broker quotes 5,200,000
FHLB stock 68,500,000
Level 3 | Other fixed maturity securities
 
Unobservable Input  
Financial instruments with book value approximating to fair value 4,300,000
Level 3 | Embedded derivatives - GMWB
 
Valuation of Level 3 Financial Instruments  
Fair Value of Liabilities 182,262,000
Level 3 | Embedded derivatives - GMWB | Actuarial cash flow model | Low end of range
 
Unobservable Input  
Lapse (as a percent) 0.00%
Utilization (as a percent) 92.00%
Non-performance risk (as a percent) 0.71%
Level 3 | Embedded derivatives - GMWB | Actuarial cash flow model | High end of range
 
Unobservable Input  
Lapse (as a percent) 16.00%
Utilization (as a percent) 100.00%
Non-performance risk (as a percent) 1.93%
Level 3 | Embedded derivatives - GMWB | Actuarial cash flow model | Weighted Average
 
Unobservable Input  
Mortality (as a percent) 58.00%
Level 3 | Annuity account balances
 
Valuation of Level 3 Financial Instruments  
Fair Value of Liabilities 134,597,000
Level 3 | Annuity account balances | Actuarial cash flow model | Low end of range
 
Unobservable Input  
Lapse (as a percent) 2.20%
Non-performance risk (as a percent) 0.71%
Expenses per policy 78
Return on assets (as a percent) 1.50%
Level 3 | Annuity account balances | Actuarial cash flow model | High end of range
 
Unobservable Input  
Lapse (as a percent) 55.00%
Non-performance risk (as a percent) 1.93%
Expenses per policy 93
Return on assets (as a percent) 1.85%
Level 3 | Annuity account balances | Actuarial cash flow model | Weighted Average
 
Unobservable Input  
Mortality (as a percent) 65.00%
Asset earned rate (as a percent) 5.89%
Withdrawal rate (as a percent) 2.20%
Level 3 | Asset-backed securities
 
Valuation of Level 3 Financial Instruments  
Fair Value of Assets 584,641,000
Level 3 | Asset-backed securities | Discounted cash flow | Low end of range
 
Unobservable Input  
Liquidity premium (as a percent) 0.55%
Paydown rate (as a percent) 7.22%
Level 3 | Asset-backed securities | Discounted cash flow | High end of range
 
Unobservable Input  
Liquidity premium (as a percent) 1.67%
Paydown rate (as a percent) 12.46%
Level 3 | Asset-backed securities | Discounted cash flow | Weighted Average
 
Unobservable Input  
Liquidity premium (as a percent) 1.15%
Paydown rate (as a percent) 9.52%
Level 3 | Other government securities
 
Valuation of Level 3 Financial Instruments  
Fair Value of Assets 20,020,000
Level 3 | Other government securities | Discounted cash flow | Weighted Average
 
Unobservable Input  
Spread over treasury (as a percent) 0.05%
Level 3 | Corporate bonds
 
Valuation of Level 3 Financial Instruments  
Fair Value of Assets 107,254,000
Unobservable Input  
Financial instruments with book value approximating to fair value $ 65,000,000
Level 3 | Corporate bonds | Discounted cash flow | Low end of range
 
Unobservable Input  
Spread over treasury (as a percent) 0.20%
Level 3 | Corporate bonds | Discounted cash flow | High end of range
 
Unobservable Input  
Spread over treasury (as a percent) 4.35%
Level 3 | Corporate bonds | Discounted cash flow | Weighted Average
 
Unobservable Input  
Spread over treasury (as a percent) 0.92%