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Business Segments
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Business Segments
Note 10 - Business Segments
The Company is engaged, through its subsidiaries, in the property and casualty insurance and life and health insurance businesses. The Company conducts its operations through two operating segments: Property & Casualty Insurance and Life & Health Insurance.
The Property & Casualty Insurance segment’s principal products are personal automobile insurance, both preferred and nonstandard, homeowners insurance, other personal insurance and commercial automobile insurance. These products are distributed primarily through independent agents and brokers. The Life & Health Insurance segment’s principal products are individual life, accident, supplemental health and property insurance. These products are distributed by career agents employed by the Company and independent agents and brokers.
Earned Premiums by product line for the six and three months ended June 30, 2018 and 2017 were:
 
 
Six Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Jun 30,
2018
 
Jun 30,
2017
 
Jun 30,
2018
 
Jun 30,
2017
Personal Automobile
 
$
787.3

 
$
659.8

 
$
416.2

 
$
339.1

Homeowners
 
124.0

 
132.9

 
62.2

 
66.6

Other Personal Property and Casualty Insurance
 
55.7

 
58.1

 
28.0

 
29.2

Commercial Automobile
 
24.7

 
25.4

 
12.5

 
12.7

Life
 
189.1

 
191.1

 
95.4

 
95.4

Accident and Health
 
87.1

 
78.6

 
43.8

 
39.5

Total Earned Premiums
 
$
1,267.9

 
$
1,145.9

 
$
658.1

 
$
582.5


Note 10 - Business Segments (continued)
Segment Revenues, including a reconciliation to Total Revenues, for the six and three months ended June 30, 2018 and 2017 were:
 
 
Six Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Jun 30,
2018
 
Jun 30,
2017
 
Jun 30,
2018
 
Jun 30,
2017
Revenues:
 
 
 
 
 
 
 
 
Property & Casualty Insurance:
 
 
 
 
 
 
 
 
Earned Premiums
 
$
956.3

 
$
839.6

 
$
501.1

 
$
429.2

Net Investment Income
 
45.4

 
44.7

 
22.9

 
20.6

Other Income
 
0.7

 
0.5

 
0.4

 
0.3

Total Property & Casualty Insurance
 
1,002.4

 
884.8

 
524.4

 
450.1

Life & Health Insurance:
 
 
 
 
 
 
 
 
Earned Premiums
 
311.6

 
306.3

 
157.0

 
153.3

Net Investment Income
 
107.4

 
107.9

 
54.1

 
54.9

Other Income
 
1.7

 
1.2

 
0.9

 
0.6

Total Life & Health Insurance
 
420.7

 
415.4

 
212.0

 
208.8

Total Segment Revenues
 
1,423.1

 
1,300.2

 
736.4

 
658.9

Income from Change in Fair Value of Equity Securities
 
1.1

 
—

 
0.4

 
—

Net Realized Gains on Sales of Investments
 
6.4

 
36.9

 
3.8

 
26.4

Net Impairment Losses Recognized in Earnings
 
(0.5
)
 
(7.6
)
 
—

 
(2.6
)
Other
 
4.8

 
6.3

 
1.3

 
1.7

Total Revenues
 
$
1,434.9

 
$
1,335.8

 
$
741.9

 
$
684.4


Segment Operating Profit (Loss), including a reconciliation to Income from Continuing Operations before Income Taxes, for the six and three months ended June 30, 2018 and 2017 was:
 
 
Six Months Ended
 
Three Months Ended
(Dollars in Millions)
 
Jun 30,
2018
 
Jun 30,
2017
 
Jun 30,
2018
 
Jun 30,
2017
Segment Operating Profit (Loss):
 
 
 
 
 
 
 
 
Property & Casualty Insurance
 
$
62.7

 
$
(33.0
)
 
$
18.2

 
$
4.2

Life & Health Insurance
 
63.3

 
63.8

 
33.4

 
31.2

Total Segment Operating Profit (Loss)
 
126.0

 
30.8

 
51.6

 
35.4

Corporate and Other Operating Loss
 
(10.7
)
 
(11.5
)
 
(6.7
)
 
(7.1
)
Income from Change in Fair Value of Equity Securities
 
1.1

 
—

 
0.4

 
—

Net Realized Gains on Sales of Investments
 
6.4

 
36.9

 
3.8

 
26.4

Net Impairment Losses Recognized in Earnings
 
(0.5
)
 
(7.6
)
 
—

 
(2.6
)
Acquisition Related Transaction and Integration Costs
 
(9.8
)
 
—

 
(3.6
)
 
—

Income from Continuing Operations before Income Taxes
 
$
112.5

 
$
48.6

 
$
45.5

 
$
52.1


Note 10 - Business Segments (continued)
Segment Net Operating Income (Loss), including a reconciliation to Income from Continuing Operations, for the six and three months ended June 30, 2018 and 2017 was:
 
 
Six Months Ended
 
Three Months Ended
(Dollars in Millions and Net of Income Taxes)
 
Jun 30,
2018
 
Jun 30,
2017
 
Jun 30,
2018
 
Jun 30,
2017
Segment Net Operating Income (Loss):
 
 
 
 
 
 
 
 
Property & Casualty Insurance
 
$
51.2

 
$
(17.2
)
 
$
15.2

 
$
4.9

Life & Health Insurance
 
50.2

 
42.0

 
26.4

 
20.5

Total Segment Net Operating Income (Loss)
 
101.4

 
24.8

 
41.6

 
25.4

Corporate and Other Net Operating Loss
 
(7.4
)
 
(7.7
)
 
(5.1
)
 
(4.4
)
Income from Change in Fair Value of Equity Securities
 
0.9

 
—

 
0.3

 
—

Net Realized Gains on Sales of Investments
 
5.1

 
24.0

 
3.0

 
17.2

Net Impairment Losses Recognized in Earnings
 
(0.4
)
 
(4.9
)
 
—

 
(1.6
)
Acquisition Related Transaction and Integration Costs
 
(8.5
)
 
—

 
(2.3
)
 
—

Income from Continuing Operations
 
$
91.1

 
$
36.2

 
$
37.5

 
$
36.6