Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

The following table presents operating results by reportable segment for the years ended:


	Year Ended December 31,
	2023						2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total		Property & Casualty		Other		Total
	(Amounts in millions)
Net premiums earned	$	4,245.4	$	29.0	$	4,274.4	$	3,923.6	$	28.9	$	3,952.5	$	3,712.9	$	29.0	$	3,741.9
Less:
Losses and loss adjustment expenses	3,502.2		15.7		3,517.9		3,347.2		15.0		3,362.2		2,746.3		13.9		2,760.2
Underwriting expenses	973.4		14.7		988.1		922.1		12.3		934.4		902.6		14.1		916.7
Underwriting (loss) gain	(230.2)		(1.4)		(231.6)		(345.7)		1.6		(344.1)		64.0		1.0		65.0
Investment income					234.6						168.4						129.7
Net realized investment gains (losses)					101.0						(488.1)						111.7
Other income					19.6						10.3						10.0
Interest expense					(24.2)						(17.2)						(17.1)
Pre-tax income (loss)					$	99.4					$	(670.7)					$	299.3
Net income (loss)					$	96.3					$	(512.7)					$	247.9

The following table presents the Company’s net premiums earned and direct premiums written by line of insurance business for the years ended:


	Year Ended December 31,
	2023						2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total		Property & Casualty		Other		Total
	(Amounts in millions)
Private passenger automobile	$	2,796.1	$	—	$	2,796.1	$	2,655.7	$	—	$	2,655.7	$	2,613.5	$	—	$	2,613.5
Homeowners	957.7		—		957.7		830.6		—		830.6		698.1		—		698.1
Commercial automobile	303.9		—		303.9		267.9		—		267.9		258.6		—		258.6
Other	187.7		29.0		216.7		169.4		28.9		198.3		142.7		29.0		171.7
Net premiums earned	$	4,245.4	$	29.0	$	4,274.4	$	3,923.6	$	28.9	$	3,952.5	$	3,712.9	$	29.0	$	3,741.9

Private passenger automobile	$	2,841.8	$	—	$	2,841.8	$	2,598.9	$	—	$	2,598.9	$	2,640.7	$	—	$	2,640.7
Homeowners	1,119.0		—		1,119.0		940.3		—		940.3		801.5		—		801.5
Commercial automobile	346.2		—		346.2		276.8		—		276.8		259.9		—		259.9
Other	224.9		26.6		251.5		202.1		30.4		232.5		175.4		30.0		205.4
Direct premiums written	$	4,531.9	$	26.6	$	4,558.5	$	4,018.1	$	30.4	$	4,048.5	$	3,877.5	$	30.0	$	3,907.5