Segment Information

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

6—Segment Information

We evaluate the performance of our personal lines and commercial lines segments based upon the underwriting results of our insurance subsidiaries using statutory accounting principles (“SAP”) that various state insurance departments prescribe or permit. Our management uses SAP to measure the performance of our insurance subsidiaries instead of United States generally accepted accounting principles (“GAAP”). Financial data by segment is as follows:

	Three Months Ended June 30,
	2013			2012
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	49,612		$	42,946
Personal lines		77,351			74,626
Net premiums earned		126,963			117,572
GAAP adjustments		—			(3	)
GAAP premiums earned		126,963			117,569
Net investment income		4,671			4,919
Realized investment gains		1,254			1,528
Equity in earnings of DFSC		676			1,110
Other		1,944			2,173
Total revenues	$	135,508		$	127,299
Income before income taxes:
Underwriting loss:
Commercial lines	$	(3,079	)	$	(157	)
Personal lines		(3,448	)		(9,815	)
SAP underwriting loss		(6,527	)		(9,972	)
GAAP adjustments		2,591			3,572
GAAP underwriting loss		(3,936	)		(6,400	)
Net investment income		4,671			4,919
Realized investment gains		1,254			1,528
Equity in earnings of DFSC		676			1,110
Other		197			958
Income before income taxes	$	2,862		$	2,115

	Six Months Ended June 30,
	2013			2012
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	97,243		$	83,783
Personal lines		154,422			148,484
Net premiums earned		251,665			232,267
GAAP adjustments		—			(6	)
GAAP premiums earned		251,665			232,261
Net investment income		9,486			10,009
Realized investment gains		2,595			3,838
Equity in earnings of DFSC		1,764			2,285
Other		3,870			4,254
Total revenues	$	269,380		$	252,647
Income before income taxes:
Underwriting income (loss):
Commercial lines	$	(4,670	)	$	2,320
Personal lines		(3,224	)		(12,574	)
SAP underwriting loss		(7,894	)		(10,254	)
GAAP adjustments		4,340			4,519
GAAP underwriting loss		(3,554	)		(5,735	)
Net investment income		9,486			10,009
Realized investment gains		2,595			3,838
Equity in earnings of DFSC		1,764			2,285
Other		654			1,566
Income before income taxes	$	10,945		$	11,963