Segment Information

12 Months Ended

Dec. 31, 2012

Segment Information [Abstract]

Segment Information

20 - Segment Information

We have four reportable segments, which consist of our investment function, our personal lines of insurance, our commercial lines of insurance and our investment in DFSC. Using independent agents, our insurance subsidiaries market personal lines of insurance to individuals and commercial lines of insurance to small and medium-sized businesses.

We evaluate the performance of the personal lines and commercial lines primarily based upon our insurance subsidiaries’ underwriting results as determined under SAP for our total business.

We do not allocate assets to the personal and commercial lines and review the two segments in total for purposes of decision-making. We operate only in the United States and no single customer or agent provides 10 percent or more of our revenues.

Financial data by segment is as follows:

	2012			2011			2010
	(in thousands)
Revenues:
Premiums earned:
Commercial lines	$	174,735		$	152,247		$	117,755
Personal lines		300,272			282,498			260,900
SAP premiums earned		475,007			434,745			378,655
GAAP adjustments		(5	)		(3,275	)		(625	)
GAAP premiums earned		475,002			431,470			378,030
Net investment income		20,169			20,858			19,950
Realized investment gains		6,859			12,281			4,396
Equity in earnings (loss) of DFSC		4,533			2,023			(269	)
Other		8,420			8,386			6,442
Total revenues	$	514,983		$	475,018		$	408,549

	2012			2011			2010
	(in thousands)
Income before income taxes:
Underwriting income (loss):
Commercial lines	$	5,251		$	(6,560	)	$	2,252
Personal lines		(18,236	)		(40,739	)		(22,526	)
SAP underwriting loss		(12,985	)		(47,299	)		(20,274	)
GAAP adjustments		5,545			1,532			2,458
GAAP underwriting loss		(7,440	)		(45,767	)		(17,816	)
Net investment income		20,169			20,858			19,950
Realized investment gains		6,859			12,281			4,396
Equity in earnings (loss) of DFSC		4,533			2,023			(269	)
Other		3,737			3,866			3,583
Income (loss) before income taxes	$	27,858		$	(6,739	)	$	9,844