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Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Reconciliation of operating results by reportable segment
The following tables present the Company's operating results by reportable segment:
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
 
 
 
 
 
 
 
Net premiums earned
$
789.0

 
$
8.7

 
$
797.7

 
$
768.6

 
$
10.7

 
$
779.3

Less:
 
 
 
 
 
 
 
 
 
 
 
Losses and loss adjustment expenses
584.2

 
4.4

 
588.6

 
589.4

 
5.7

 
595.1

Underwriting expenses
187.3

 
4.0

 
191.3

 
193.4

 
4.2

 
197.6

Underwriting gain (loss)
17.5

 
0.3

 
17.8

 
(14.2
)
 
0.8

 
(13.4
)
Investment income
 
 
 
 
31.9

 
 
 
 
 
31.5

Net realized investment gains
 
 
 
 
21.1

 
 
 
 
 
45.4

Other income
 
 
 
 
2.1

 
 
 
 
 
1.9

Interest expense
 
 
 
 
(4.2
)
 
 
 
 
 
(1.0
)
Pre-tax income
 
 
 
 
$
68.8

 
 
 
 
 
$
64.3

Net income
 
 
 
 
$
51.6

 
 
 
 
 
$
48.9


    

 
Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
 
 
 
 
 
 
 
Net premiums earned
$
1,569.7

 
$
17.7

 
$
1,587.4

 
$
1,524.4

 
$
22.0

 
$
1,546.4

Less:
 
 
 
 
 
 
 
 
 
 
 
Losses and loss adjustment expenses
1,186.0

 
9.3

 
1,195.3

 
1,177.4

 
11.8

 
1,189.2

Underwriting expenses
391.1

 
7.9

 
399.0

 
391.3

 
9.1

 
400.4

Underwriting (loss) gain
(7.4
)
 
0.5

 
(6.9
)
 
(44.3
)
 
1.1

 
(43.2
)
Investment income
 
 
 
 
63.1

 
 
 
 
 
61.1

Net realized investment gains
 
 
 
 
45.6

 
 
 
 
 
70.4

Other income
 
 
 
 
4.3

 
 
 
 
 
4.0

Interest expense
 
 
 
 
(6.7
)
 
 
 
 
 
(1.9
)
Pre-tax income
 
 
 
 
$
99.4

 
 
 
 
 
$
90.4

Net income
 
 
 
 
$
78.6

 
 
 
 
 
$
72.2

Schedule direct premiums attributable to segment
The following tables present the Company’s net premiums earned and direct premiums written by line of insurance business:
 
Three Months Ended
 
June 30, 2017
 
June 30, 2016
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
 
 
 
 
 
 
 
Private passenger automobile
$
617.3

 
$

 
$
617.3

 
$
607.1

 
$

 
$
607.1

Homeowners
108.3

 

 
108.3

 
102.0

 

 
102.0

Commercial automobile
42.4

 

 
42.4

 
39.9

 

 
39.9

Other
21.0

 
8.7

 
29.7

 
19.6

 
10.7

 
30.3

Net premiums earned
$
789.0

 
$
8.7

 
$
797.7

 
$
768.6

 
$
10.7

 
$
779.3

 
 
 
 
 
 
 
 
 
 
 
 
Private passenger automobile
$
600.1

 
$

 
$
600.1

 
$
595.4

 
$

 
$
595.4

Homeowners
122.7

 

 
122.7

 
116.3

 

 
116.3

Commercial automobile
45.1

 

 
45.1

 
42.4

 

 
42.4

Other
24.2

 
8.5

 
32.7

 
23.0

 
6.9

 
29.9

Direct premiums written
$
792.1

 
$
8.5

 
$
800.6

 
$
777.1

 
$
6.9

 
$
784.0


 
Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
 
 
 
 
 
 
 
Private passenger automobile
$
1,230.5

 
$

 
$
1,230.5

 
$
1,206.1

 
$

 
$
1,206.1

Homeowners
214.0

 

 
214.0

 
201.5

 

 
201.5

Commercial automobile
83.7

 

 
83.7

 
78.6

 

 
78.6

Other
41.5

 
17.7

 
59.2

 
38.2

 
22.0

 
60.2

Net premiums earned
$
1,569.7

 
$
17.7

 
$
1,587.4

 
$
1,524.4

 
$
22.0

 
$
1,546.4

 
 
 
 
 
 
 
 
 
 
 
 
Private passenger automobile
$
1,239.1

 
$

 
$
1,239.1

 
$
1,227.2

 
$

 
$
1,227.2

Homeowners
226.5

 

 
226.5

 
215.4

 

 
215.4

Commercial automobile
88.1

 

 
88.1

 
83.3

 

 
83.3

Other
47.0

 
14.2

 
61.2

 
43.9

 
14.3

 
58.2

Direct premiums written
$
1,600.7

 
$
14.2

 
$
1,614.9

 
$
1,569.8

 
$
14.3

 
$
1,584.1