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Indemnity Capital Stock
3 Months Ended
Mar. 31, 2014
Class of Stock Disclosures [Abstract]  
Indemnity Capital Stock
Note 11.  Indemnity Capital Stock
 
Class A and B common stock
Holders of Class B shares may, at their option, convert their shares into Class A shares at the rate of 2,400 Class A shares per Class B share.  There were no conversions of Class B shares to Class A shares during the three months ended March 31, 2014 and the year ended December 31, 2013. There is no provision for conversion of Class A shares to Class B shares, and, Class B shares surrendered for conversion cannot be reissued.
 
Stock repurchase program
In October 2011, our Board of Directors approved a continuation of the current stock repurchase program for a total of $150 million, with no time limitation.  Indemnity had approximately $26 million of repurchase authority remaining under this program at March 31, 2014.