Segment Information

6 Months Ended

Jun. 30, 2016

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 for the three and six months ended June 30, 2016 and 2015 is as follows:

	Three Months Ended June 30,
	2016			2015
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	72,962		$	64,253
Personal lines		88,981			86,205
GAAP premiums earned		161,943			150,458
Net investment income		5,344			5,157
Realized investment gains		715			390
Equity in earnings of DFSC		305			342
Other		1,540			1,670
Total revenues	$	169,847		$	158,017
Income before income taxes:
Underwriting income (loss):
Commercial lines	$	5,577		$	2,171
Personal lines		(3,767	)		(2,898	)
SAP underwriting income (loss)		1,810			(727	)
GAAP adjustments		3,051			2,628
GAAP underwriting income		4,861			1,901
Net investment income		5,344			5,157
Realized investment gains		715			390
Equity in earnings of DFSC		305			342
Other		821			603
Income before income taxes	$	12,046		$	8,393

	Six Months Ended June 30,
	2016			2015
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	142,834		$	126,580
Personal lines		177,584			170,408
GAAP premiums earned		320,418			296,988
Net investment income		10,890			10,106
Realized investment gains		1,186			1,437
Equity in earnings of DFSC		341			868
Other		3,081			3,390
Total revenues	$	335,916		$	312,789
Income before income taxes:
Underwriting income (loss):
Commercial lines	$	10,417		$	2,002
Personal lines		(1,092	)		(2,772	)
SAP underwriting income (loss)		9,325			(770	)
GAAP adjustments		5,007			4,501
GAAP underwriting income		14,332			3,731
Net investment income		10,890			10,106
Realized investment gains		1,186			1,437
Equity in earnings of DFSC		341			868
Other		1,315			1,267
Income before income taxes	$	28,064		$	17,409