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Segment Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Summary of Financial Data by Segment

Financial data by segment is as follows:

 

     Three Months Ended September 30,  
     2014      2013  
     (in thousands)  

Revenues:

     

Premiums earned

     

Commercial lines

   $ 59,221       $ 52,040   

Personal lines

     82,929         78,605   
  

 

 

    

 

 

 

GAAP premiums earned

     142,150         130,645   

Net investment income

     4,299         4,624   

Realized investment gains

     351         349   

Equity in earnings of DFSC

     477         735   

Other

     1,858         1,982   
  

 

 

    

 

 

 

Total revenues

   $ 149,135       $ 138,335   
  

 

 

    

 

 

 

Income before income taxes:

     

Underwriting income (loss):

     

Commercial lines

   $ 2,383       $ 2,537   

Personal lines

     1,415         (961
  

 

 

    

 

 

 

SAP underwriting income

     3,798         1,576   

GAAP adjustments

     730         1,509   
  

 

 

    

 

 

 

GAAP underwriting income

     4,528         3,085   

Net investment income

     4,299         4,624   

Realized investment gains

     351         349   

Equity in earnings of DFSC

     477         735   

Other

     959         721   
  

 

 

    

 

 

 

Income before income taxes

   $ 10,614       $ 9,514   
  

 

 

    

 

 

 

 

     Nine Months Ended September 30,  
     2014     2013  
     (in thousands)  

Revenues:

    

Premiums earned

    

Commercial lines

   $ 170,263      $ 149,283   

Personal lines

     242,024        233,027   
  

 

 

   

 

 

 

GAAP premiums earned

     412,287        382,310   

Net investment income

     13,529        14,110   

Realized investment gains

     2,297        2,944   

Equity in earnings of DFSC

     1,235        2,500   

Other

     5,608        5,851   
  

 

 

   

 

 

 

Total revenues

   $ 434,956      $ 407,715   
  

 

 

   

 

 

 

Income before income taxes:

    

Underwriting loss:

    

Commercial lines

   $ (8,792   $ (2,133

Personal lines

     (5,544     (4,185
  

 

 

   

 

 

 

SAP underwriting loss

     (14,336     (6,318

GAAP adjustments

     7,130        5,849   
  

 

 

   

 

 

 

GAAP underwriting loss

     (7,206     (469

Net investment income

     13,529        14,110   

Realized investment gains

     2,297        2,944   

Equity in earnings of DFSC

     1,235        2,500   

Other

     2,286        1,375   
  

 

 

   

 

 

 

Income before income taxes

   $ 12,141      $ 20,460