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Segment Information (Tables)
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Summary of Financial Data by Segment

Financial data by segment is as follows:

 

     Three Months Ended September 30,  
     2013     2012  
     (in thousands)  

Revenues:

    

Premiums earned

    

Commercial lines

   $ 52,040      $ 44,921   

Personal lines

     78,605        75,996   
  

 

 

   

 

 

 

GAAP premiums earned

     130,645        120,917   

Net investment income

     4,624        4,715   

Realized investment gains

     349        1,312   

Equity in earnings of DFSC

     735        1,337   

Other

     1,982        2,151   
  

 

 

   

 

 

 

Total revenues

   $ 138,335      $ 130,432   
  

 

 

   

 

 

 

Income before income taxes:

    

Underwriting income (loss):

    

Commercial lines

   $ 2,537      $ 2,507   

Personal lines

     (961     (3,980
  

 

 

   

 

 

 

SAP underwriting income (loss)

     1,576        (1,473

GAAP adjustments

     1,509        1,888   
  

 

 

   

 

 

 

GAAP underwriting income

     3,085        415   

Net investment income

     4,624        4,715   

Realized investment gains

     349        1,312   

Equity in earnings of DFSC

     735        1,337   

Other

     721        1,094   
  

 

 

   

 

 

 

Income before income taxes

   $ 9,514      $ 8,873   
  

 

 

   

 

 

 

 

     Nine Months Ended September 30,  
     2013     2012  
     (in thousands)  

Revenues:

    

Premiums earned

    

Commercial lines

   $ 149,283      $ 128,704   

Personal lines

     233,027        224,479   
  

 

 

   

 

 

 

Net premiums earned

     382,310        353,183   

GAAP adjustments

     —          (5
  

 

 

   

 

 

 

GAAP premiums earned

     382,310        353,178   

Net investment income

     14,110        14,724   

Realized investment gains

     2,944        5,150   

Equity in earnings of DFSC

     2,500        3,622   

Other

     5,851        6,405   
  

 

 

   

 

 

 

Total revenues

   $ 407,715      $ 383,079   
  

 

 

   

 

 

 

Income before income taxes:

    

Underwriting income (loss):

    

Commercial lines

   $ (2,133   $ 4,827   

Personal lines

     (4,185     (16,554
  

 

 

   

 

 

 

SAP underwriting loss

     (6,318     (11,727

GAAP adjustments

     5,849        6,408   
  

 

 

   

 

 

 

GAAP underwriting loss

     (469     (5,319

Net investment income

     14,110        14,724   

Realized investment gains

     2,944        5,150   

Equity in earnings of DFSC

     2,500        3,622   

Other

     1,375        2,659   
  

 

 

   

 

 

 

Income before income taxes

   $ 20,460      $ 20,836