Segment Information

3 Months Ended

Mar. 31, 2017

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 months ended March 31, 2017 and 2016 is as follows:

	Three Months Ended March 31,
	2017			2016
	(in thousands)
Revenues:
Premiums earned
Commercial lines	$	76,619		$	69,872
Personal lines		92,537			88,603
GAAP premiums earned		169,156			158,475
Net investment income		5,755			5,547
Realized investment gains		2,549			471
Equity in earnings of DFSC		233			35
Other		1,278			1,541
Total revenues	$	178,971		$	166,069
Income before income taxes:
Underwriting (loss) income:
Commercial lines	$	334		$	4,840
Personal lines		(5,491	)		2,675
SAP underwriting (loss) income		(5,157	)		7,515
GAAP adjustments		2,873			1,956
GAAP underwriting (loss) income		(2,284	)		9,471
Net investment income		5,755			5,547
Realized investment gains		2,549			471
Equity in earnings of DFSC		233			35
Other		472			495
Income before income taxes	$	6,725		$	16,019