Segment Information

9 Months Ended

Sep. 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 nine months ended September 30, 2016 and 2015 is as follows:

	Three Months Ended September 30,
	2016			2015
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	75,571		$	66,456
Personal lines		91,239			86,640
GAAP premiums earned		166,810			153,096
Net investment income		5,581			5,399
Realized investment gains (losses)		1,018			(754	)
Equity in earnings of DFSC		358			408
Other		1,544			1,653
Total revenues	$	175,311		$	159,802
Income before income taxes:
Underwriting (loss) income:
Commercial lines	$	3,701		$	4,447
Personal lines		(5,861	)		(3,727	)
SAP underwriting (loss) income		(2,160	)		720
GAAP adjustments		788			65
GAAP underwriting (loss) income		(1,372	)		785
Net investment income		5,581			5,399
Realized investment gains (losses)		1,018			(754	)
Equity in earnings of DFSC		358			408
Other		844			1,163
Income before income taxes	$	6,429		$	7,001

	Nine Months Ended September 30,
	2016			2015
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	218,405		$	193,036
Personal lines		268,823			257,048
GAAP premiums earned		487,228			450,084
Net investment income		16,472			15,505
Realized investment gains		2,205			683
Equity in earnings of DFSC		699			1,277
Other		4,623			5,042
Total revenues	$	511,227		$	472,591
Income before income taxes:
Underwriting income (loss):
Commercial lines	$	14,118		$	6,449
Personal lines		(6,953	)		(6,499	)
SAP underwriting income (loss)		7,165			(50	)
GAAP adjustments		5,795			4,565
GAAP underwriting income		12,960			4,515
Net investment income		16,472			15,505
Realized investment gains		2,205			683
Equity in earnings of DFSC		699			1,277
Other		2,157			2,430
Income before income taxes	$	34,493		$	24,410