Horace Mann Educators (HMN) 10-Q7 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
Document And Entity Information	Sep. 30, 2014	Oct. 31, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'HMN	'
Entity Common Stock, Shares Outstanding	'	41,914,409
Entity Registrant Name	'HORACE MANN EDUCATORS CORP /DE/	'
Entity Central Index Key	'0000850141	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Investments	'		'
Fixed maturities, available for sale, at fair value (amortized cost 2014, $6,323,042; 2013, $5,784,205)	$6,793,469		$6,009,573
Equity securities, available for sale, at fair value (cost 2014, $97,757; 2013, $84,754)	106,837		91,858
Short-term and other investments	406,165		438,042
Total investments	7,306,471		6,539,473
Cash	41,192		18,189
Deferred policy acquisition costs	217,669		245,355
Goodwill	47,396		47,396
Other assets	243,873		228,264
Separate Account (variable annuity) assets	1,786,363	[1]	1,747,995	[1]
Total assets	9,642,964		8,826,672
Policy liabilities	'		'
Fixed annuity contract liabilities	3,717,277		3,515,865
Interest-sensitive life contract liabilities	788,337		777,292
Unpaid claims and claim expenses	305,061		291,627
Future policy benefits	232,088		223,295
Unearned premiums	226,716		221,114
Total policy liabilities	5,269,479		5,029,193
Other policyholder funds	601,561		346,292
Other liabilities	459,309		366,013
Short-term debt	38,000		38,000
Long-term debt, current and noncurrent	199,923		199,874
Separate Account (variable annuity) liabilities	1,786,363		1,747,995
Total liabilities	8,354,635		7,727,367
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued	0		0
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2014, 64,194,604; 2013, 63,629,105	64		64
Additional paid-in capital	420,720		407,056
Retained earnings	1,045,066		1,000,312
Accumulated other comprehensive income (loss), net of taxes:	'		'
Net unrealized gains on fixed maturities and equity securities	270,007	[2],[3]	133,990	[2],[3]
Net funded status of pension and other postretirement benefit obligations	-11,776	[2]	-11,776	[2]
Treasury stock, at cost, 2014, 23,308,430 shares; 2013, 23,117,554 shares	-435,752		-430,341
Total shareholders' equity	1,288,329		1,099,305
Total liabilities and shareholders' equity	$9,642,964		$8,826,672

[1]	Separate Account (variable annuity) liabilities are set equal to Separate Account (variable annuity) assets.
[2]	All amounts are net of tax.
[3]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Fixed maturities, available for sale, amortized cost	$6,323,042	$5,784,205
Equity securities, available for sale, cost	$97,757	$84,754
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	64,194,604	63,629,105
Treasury stock, shares	23,308,430	23,117,554

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues	'	'	'	'
Insurance premiums and contract charges earned	$179,030	$173,761	$533,571	$514,480
Net investment income	82,591	78,466	247,040	233,230
Net realized investment gains (losses)	3,511	-1,407	8,673	20,872
Other income	388	1,064	2,244	3,470
Total revenues	265,520	251,884	791,528	772,052
Benefits, losses and expenses	'	'	'	'
Benefits, claims and settlement expenses	117,443	112,701	356,589	346,165
Interest credited	44,477	42,924	131,294	126,430
Policy acquisition expenses amortized	24,477	20,911	70,027	63,985
Operating expenses	39,875	41,407	119,033	119,239
Interest expense	3,543	3,553	10,635	10,656
Total benefits, losses and expenses	229,815	221,496	687,578	666,475
Income before income taxes	35,705	30,388	103,950	105,577
Income tax expense	10,348	6,789	29,775	28,971
Net income	25,357	23,599	74,175	76,606
Net income per share	'	'	'	'
Basic	$0.61	$0.59	$1.79	$1.93
Diluted	$0.60	$0.57	$1.76	$1.85
Weighted average number of shares and equivalent shares (in thousands)	'	'	'	'
Basic	41,514	40,001	41,353	39,767
Diluted	42,319	41,732	42,155	41,363
Net realized investment gains (losses)	'	'	'	'
Total other-than-temporary impairment losses on securities	-185	-11	-637	-974
Portion of losses recognized in other comprehensive income	0	0	0	0
Net other-than-temporary impairment losses on securities recognized in earnings	-185	-11	-637	-974
Realized gains (losses), net	3,696	-1,396	9,310	21,846
Total	$3,511	($1,407)	$8,673	$20,872

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Comprehensive income (loss)	'		'		'		'
Net income	$25,357		$23,599		$74,175		$76,606
Other comprehensive income (loss), net of taxes:	'		'		'		'
Change in net unrealized gains and losses on fixed maturities and equity securities	-11,548	[1],[2]	-36,296	[1],[3]	136,017	[1],[2]	-221,849	[1],[3]
Change in net funded status of pension and other postretirement benefit obligations	0	[1]	0	[1]	0	[1]	0	[1]
Other comprehensive income (loss)	-11,548	[1]	-36,296	[1]	136,017	[1]	-221,849	[1]
Total	$13,809		($12,697)		$210,192		($145,243)

[1]	All amounts are net of tax.
[2]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.
[3]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) (USD $)	Total		Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss), net of taxes	Treasury stock, at cost
In Thousands	Total		Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss), net of taxes	Treasury stock, at cost
Beginning balance at Dec. 31, 2012	'		$62	$383,135	$921,969	$367,089	($426,452)
Options exercised, 2014, 386,616 shares; 2013, 766,716 shares	'		1	'	'	'	'
Conversion of common stock units, 2014, 10,834 shares; 2013, 11,851 shares	'		0	'	'	'	'
Conversion of restricted stock units, 2014, 168,049 shares; 2013, 146,407 shares	'		0	'	'	'	'
Options exercised and conversion of common stock units and restricted stock units	'		'	15,881	'	'	'
Share-based compensation expense	'		'	1,065	'	'	'
Net income	76,606		'	'	76,606	'	'
Cash dividends, 2014, $0.69 per share; 2013, $0.585 per share	'		'	'	-24,311	'	'
Change in net unrealized gains and losses on fixed maturities and equity securities	-221,849	[1],[2]	'	'	'	-221,849	'
Change in net funded status of pension and other postretirement benefit obligations	0	[1]	'	'	'	0	'
Acquisition of shares, 2014, 190,876 shares; 2013, 173,629 shares	'		'	'	'	'	-3,889
Ending balance at Sep. 30, 2013	1,089,307		63	400,081	974,264	145,240	-430,341
Beginning balance at Dec. 31, 2013	1,099,305		64	407,056	1,000,312	122,214	-430,341
Options exercised, 2014, 386,616 shares; 2013, 766,716 shares	'		0	'	'	'	'
Conversion of common stock units, 2014, 10,834 shares; 2013, 11,851 shares	'		0	'	'	'	'
Conversion of restricted stock units, 2014, 168,049 shares; 2013, 146,407 shares	'		0	'	'	'	'
Options exercised and conversion of common stock units and restricted stock units	'		'	12,711	'	'	'
Share-based compensation expense	'		'	953	'	'	'
Net income	74,175		'	'	74,175	'	'
Cash dividends, 2014, $0.69 per share; 2013, $0.585 per share	'		'	'	-29,421	'	'
Change in net unrealized gains and losses on fixed maturities and equity securities	136,017	[1],[3]	'	'	'	136,017	'
Change in net funded status of pension and other postretirement benefit obligations	0	[1]	'	'	'	0	'
Acquisition of shares, 2014, 190,876 shares; 2013, 173,629 shares	'		'	'	'	'	-5,411
Ending balance at Sep. 30, 2014	$1,288,329		$64	$420,720	$1,045,066	$258,231	($435,752)

[1]	All amounts are net of tax.
[2]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.
[3]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) (Parenthetical) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Common stock, par value beginning balance	$0.00	$0.00
Common stock, par value ending balance	$0.00	$0.00
Options exercised, shares	386,616	766,716
Conversion of common stock units, shares	10,834	11,851
Conversion of restricted stock units, shares	168,049	146,407
Cash dividends, per share	$0.69	$0.59
Treasury stock, beginning balance, shares	23,117,554	22,943,925
Treasury stock, acquisition of shares	190,876	173,629
Treasury stock, ending balance, shares	23,308,430	23,117,554

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows - operating activities	'	'
Premiums collected	$527,567	$516,404
Policyholder benefits paid	-368,000	-361,356
Policy acquisition and other operating expenses paid	-202,692	-192,196
Federal income taxes paid	-17,392	-24,801
Investment income collected	240,119	227,716
Interest expense paid	-7,140	-7,159
Contribution to defined benefit pension plan trust fund	-2,000	-3,103
Other	-4,817	-4,581
Net cash provided by operating activities	165,645	150,924
Fixed maturities	'	'
Purchases	-958,561	-907,186
Sales	198,191	270,329
Maturities, paydowns, calls and redemptions	269,732	361,925
Purchase of other invested assets	-5,000	-25,000
Net cash provided by (used in) short-term and other investments	29,353	-37,911
Net cash used in investing activities	-466,285	-337,843
Cash flows - financing activities	'	'
Dividends paid to shareholders	-29,421	-24,311
Acquisition of treasury stock	-5,411	-3,889
Exercise of stock options	7,324	12,729
Annuity contracts: variable, fixed and FHLB funding agreements	'	'
Deposits	611,721	316,780
Benefits, withdrawals and net transfers to Separate Account (variable annuity) assets	-237,016	-202,447
Life policy accounts	'	'
Deposits	864	1,136
Withdrawals and surrenders	-3,662	-3,371
Cash received (paid) related to repurchase agreements	-25,848	121,285
Change in bank overdrafts	5,092	-401
Net cash provided by financing activities	323,643	217,511
Net increase in cash	23,003	30,592
Cash at beginning of period	18,189	15,181
Cash at end of period	$41,192	$45,773

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	Note 1 - Basis of Presentation

	The accompanying unaudited consolidated financial statements of Horace Mann Educators Corporation (“HMEC”; and together with its subsidiaries, the “Company” or “Horace Mann”) have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) and with the rules and regulations of the Securities and Exchange Commission (“SEC”), specifically Regulation S-X and the instructions to Form 10-Q. Certain information and note disclosures which are normally included in annual financial statements prepared in accordance with GAAP but are not required for interim reporting purposes have been omitted. The Company believes that these consolidated financial statements contain all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to present fairly the Company’s consolidated financial position as of September 30, 2014, the consolidated results of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013, and the consolidated changes in shareholders’ equity and cash flows for the nine months ended September 30, 2014 and 2013. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect (1) the reported amounts of assets and liabilities, (2) disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and (3) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

	The subsidiaries of HMEC market and underwrite personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance, primarily to K-12 teachers, administrators and other employees of public schools and their families. HMEC’s principal operating subsidiaries are Horace Mann Life Insurance Company, Horace Mann Insurance Company, Teachers Insurance Company, Horace Mann Property & Casualty Insurance Company and Horace Mann Lloyds.

	The Company has evaluated subsequent events through the date these consolidated financial statements were issued.

	These consolidated financial statements should be read in conjunction with the consolidated financial statements and the related notes to consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

	The results of operations for the three and nine months ended September 30, 2014 are not necessarily indicative of the results to be expected for the full year.

	Accounting Policy for Fixed Indexed Annuities

	In 2014, the Company began offering fixed indexed annuity (“FIA”) products with interest crediting strategies linked to the Standard & Poor’s 500 Index and the Dow Jones Industrial Average. The Company purchases call options on the applicable indices as an investment to provide the income needed to fund the annual index credits on the indexed products. These products are deferred fixed annuities with a guaranteed minimum interest rate plus a contingent return based on equity market performance and are considered hybrid financial instruments under the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 815 “Derivatives and Hedging”. The Company elected to not use hedge accounting for derivative transactions related to the FIA products. As a result, the Company records the purchased call options and the embedded derivative related to the provision of a contingent return at fair value, with changes in fair value reported in the Consolidated Statements of Operations. More information regarding the determination of fair value of the FIA embedded derivative and purchased call options, the only derivative instruments utilized by the Company, is included in “Note 3 — Fair Value of Financial Instruments”.

	Accumulated Other Comprehensive Income (Loss)

	Accumulated other comprehensive income (loss) represents the accumulated change in shareholders’ equity from transactions and other events and circumstances from non-shareholder sources. For the Company, accumulated other comprehensive income (loss) includes the after-tax change in net unrealized gains and losses on fixed maturities and equity securities and the after-tax change in net funded status of pension and other postretirement benefit obligations as shown in the Consolidated Statements of Changes in Shareholders’ Equity. The following tables reconcile these components.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2014		$	281,555	$	-11,776	$	269,779
	Other comprehensive income (loss) before reclassifications			-9,265		-		-9,265
	Amounts reclassified from accumulated other comprehensive income (loss)			-2,283		-		-2,283
	Net current period other comprehensive income (loss)			-11,548		-		-11,548
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	Beginning balance, January 1, 2014		$	133,990	$	-11,776	$	122,214
	Other comprehensive income (loss) before reclassifications			141,641		-		141,641
	Amounts reclassified from accumulated other comprehensive income (loss)			-5,624		-		-5,624
	Net current period other comprehensive income (loss)			136,017		-		136,017
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	-1	All amounts are net of tax.
	-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2013		$	196,847	$	-15,311	$	181,536
	Other comprehensive income (loss) before reclassifications			-37,211		-		-37,211
	Amounts reclassified from accumulated other comprehensive income (loss)			915		-		915
	Net current period other comprehensive income (loss)			-36,296		-		-36,296
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

	Beginning balance, January 1, 2013		$	382,400	$	-15,311	$	367,089
	Other comprehensive income (loss) before reclassifications			-208,283		-		-208,283
	Amounts reclassified from accumulated other comprehensive income (loss)			-13,566		-		-13,566
	Net current period other comprehensive income (loss)			-221,849		-		-221,849
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

		-1	All amounts are net of tax.
		-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

	Comparative information for elements that are not required to be reclassified in their entirety to net income in the same reporting period is located in “Note 2 — Investments — Unrealized Gains and Losses on Fixed Maturities and Equity Securities”.

Investments

Investments	9 Months Ended
Investments	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Investments	'
	Note 2 - Investments

	The Company’s investment portfolio includes free-standing derivative financial instruments (currently over the counter (“OTC”) index options contracts) to economically hedge risk associated with its fixed indexed annuity products’ contingent liabilities. The Company’s fixed indexed annuity product includes embedded derivative features that are discussed in “Note 1 — Basis of Presentation — Accounting Policy for Fixed Indexed Annuities”. The Company's investment portfolio includes no other free-standing derivative financial instruments (futures, forwards, swaps, option contracts or other financial instruments with similar characteristics), and there are no other embedded derivative features related to the Company’s insurance products.

	Fixed Maturities and Equity Securities

	The Company’s investment portfolio is comprised primarily of fixed maturity securities (“fixed maturities”) and equity securities. The amortized cost or cost, unrealized investment gains and losses, fair values and other-than-temporary impairment (“OTTI”) included in accumulated other comprehensive income (loss) (“AOCI”) of all fixed maturities and equity securities in the portfolio were as follows:

			Amortized			Unrealized			Unrealized			Fair			OTTI in
			Cost/Cost			Gains			Losses			Value			AOCI (2)
	30-Sep-14
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations (1):
	Mortgage-backed securities		$	494,650		$	44,197		$	4,334		$	534,513		$	-
	Other, including
	U.S. Treasury securities			490,611			20,583			7,482			503,712			-
	Municipal bonds			1,460,938			162,032			5,865			1,617,105			-
	Foreign government bonds			52,571			6,268			60			58,779			-
	Corporate bonds			2,624,428			240,948			9,608			2,855,768			-
	Other mortgage-backed securities			1,199,844			29,492			5,744			1,223,592			2,880
	Totals		$	6,323,042		$	503,520		$	33,093		$	6,793,469		$	2,880

	Equity securities		$	97,757		$	11,882		$	2,802		$	106,837		$	-

	31-Dec-13
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations (1):
	Mortgage-backed securities		$	555,574		$	33,711		$	19,560		$	569,725		$	-
	Other, including
	U.S. Treasury securities			449,060			9,865			23,351			435,574			-
	Municipal bonds			1,425,441			80,701			34,615			1,471,527			-
	Foreign government bonds			50,641			4,700			390			54,951			-
	Corporate bonds			2,457,727			188,832			32,150			2,614,409			-
	Other mortgage-backed securities			845,762			26,477			8,852			863,387			2,812
	Totals		$	5,784,205		$	344,286		$	118,918		$	6,009,573		$	2,812

	Equity securities		$	84,754		$	10,723		$	3,619		$	91,858		$	-

		-1	Fair value includes securities issued by Federal National Mortgage Association (“FNMA”) of $319,596 and $336,193; Federal Home Loan Mortgage Corporation (“FHLMC”) of $419,913 and $427,172; and Government National Mortgage Association (“GNMA”) of $136,379 and $126,245 as of September 30, 2014 and December 31, 2013, respectively.
		-2	Related to securities for which an unrealized loss was bifurcated to distinguish the credit related portion and the portion driven by other market factors. Represents the amount of other-than-temporary impairment losses in AOCI which was not included in earnings; amounts also include unrealized gains/(losses) on such impaired securities relating to changes in the fair value of those securities subsequent to the impairment measurement date.

	Compared to December 31, 2013, the increase in net unrealized gains at September 30, 2014 was due to lower yields on U.S. Treasury securities and slightly narrower credit spreads across most asset classes except for below investment grade securities in 2014, the combination of which resulted in an increase in net unrealized gains for virtually all classes of the Company’s fixed maturity securities holdings.

	The following table presents the fair value and gross unrealized losses of fixed maturities and equity securities in an unrealized loss position at September 30, 2014 and December 31, 2013, respectively. The Company views the decrease in value of all of the securities with unrealized losses at September 30, 2014 — which was driven largely by changes in interest rates, spread widening, financial market illiquidity and/or market volatility from the date of acquisition — as temporary. For fixed maturity securities, management does not have the intent to sell the securities and it is not more likely than not the Company will be required to sell the securities before the anticipated recovery of the amortized cost bases, and the present value of future cash flows exceeds the amortized cost bases. In addition, management expects to recover the entire cost bases of the fixed maturity securities. For equity securities, the Company has the ability and intent to hold the securities for the recovery of cost and recovery of cost is expected within a reasonable period of time. Therefore, no impairment of these securities was recorded at September 30, 2014.

			12 Months or Less							More than 12 Months							Total
							Gross							Gross						Gross
			Fair Value				Unrealized			Fair Value				Unrealized			Fair Value			Unrealized
			Fair Value				Losses			Fair Value				Losses			Fair Value			Losses
	30-Sep-14
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	5,215			$	121		$	60,111			$	4,213		$	65,326		$	4,334
	Other			39,248				195			127,454				7,287			166,702			7,482
	Municipal bonds			50,593				223			75,448				5,642			126,041			5,865
	Foreign government bonds			3,940				60			-				-			3,940			60
	Corporate bonds			232,074				3,571			120,928				6,037			353,002			9,608
	Other mortgage-backed securities			431,870				2,809			99,814				2,935			531,684			5,744
	Total fixed maturity securities			762,940				6,979			483,755				26,114			1,246,695			33,093
	Equity securities (1)			14,004				1,279			26,559				1,523			40,563			2,802
	Combined totals		$	776,944			$	8,258		$	510,314			$	27,637		$	1,287,258		$	35,895

	Number of positions with a gross unrealized loss			291							149							440
Fair value as a percentage of total fixed maturities and equity securities fair value			11.3	%						7.4	%						18.7	%

31-Dec-13
Fixed maturity securities
U.S. Government and federally sponsored agency obligations:
Mortgage-backed securities		$	150,602			$	19,145		$	1,383			$	415		$	151,985		$	19,560
Other			249,765				22,479			4,450				872			254,215			23,351
Municipal bonds			375,523				26,529			42,899				8,086			418,422			34,615
Foreign government bonds			6,738				390			-				-			6,738			390
Corporate bonds			582,849				28,634			12,948				3,516			595,797			32,150
Other mortgage-backed securities			274,983				8,300			20,008				552			294,991			8,852
Total fixed maturity securities			1,640,460				105,477			81,688				13,441			1,722,148			118,918
Equity securities (1)			32,392				3,117			1,405				502			33,797			3,619
Combined totals		$	1,672,852			$	108,594		$	83,093			$	13,943		$	1,755,945		$	122,537

Number of positions with a gross unrealized loss			534							46							580
Fair value as a percentage of total fixed maturities and equity securities fair value			27.4	%						1.4	%						28.8	%

-1	Includes nonredeemable (perpetual) preferred stocks, common stocks and closed-end funds.

Fixed maturities and equity securities with an investment grade rating represented 87% of the gross unrealized loss as of September 30, 2014. With respect to fixed income securities involving securitized financial assets, the underlying collateral cash flows were stress tested to determine there was no adverse change in the present value of cash flows below the amortized cost basis.

Credit Losses

The following table summarizes the cumulative amounts related to the Company’s credit loss component of the other-than-temporary impairment losses on fixed maturity securities held as of September 30, 2014 and 2013 that the Company did not intend to sell as of those dates, and it was not more likely than not that the Company would be required to sell the securities before the anticipated recovery of the amortized cost bases, for which the non-credit portions of the other-than-temporary impairment losses were recognized in other comprehensive income (loss):

			Nine Months Ended
			September 30,
			2014		2013
Cumulative credit loss (1)
Beginning of period		$	4,097		$	2,877
New credit losses			280			860
Losses related to securities sold or paid down during the period			-			-
End of period		$	4,377		$	3,737

-1	The cumulative credit loss amounts exclude other-than-temporary impairment losses on securities held as of the periods indicated that the Company intended to sell or it was more likely than not that the Company would be required to sell the security before the recovery of the amortized cost basis.
-1
Maturities/Sales of Fixed Maturities and Equity Securities

The following table presents the distribution of the Company's fixed maturity securities portfolio by estimated expected maturity. Estimated expected maturities differ from contractual maturities, reflecting assumptions regarding borrowers’ utilization of the right to call or prepay obligations with or without call or prepayment penalties. For structured securities, including mortgage-backed securities and other asset-backed securities, estimated expected maturities consider broker-dealer survey prepayment assumptions and are verified for consistency with the interest rate and economic environments.

		Percent of Total Fair Value							September 30, 2014
		September 30,			December 31,				Fair			Amortized
		2014			2013				Value			Cost
Estimated expected maturity:
Due in 1 year or less		4.2	%		4.1	%		$	288,311		$	268,346
Due after 1 year through 5 years		23.9			20.9				1,626,049			1,513,450
Due after 5 years through 10 years		40.1			38.4				2,718,736			2,530,472
Due after 10 years through 20 years		19			20.8				1,291,192			1,201,781
Due after 20 years		12.8			15.8				869,181			808,993
Total		100	%		100	%		$	6,793,469		$	6,323,042

Average option-adjusted duration, in years		5.9			6.3

Proceeds received from sales of fixed maturities and equity securities, each determined using the specific identification method, and gross gains and gross losses realized as a result of those sales for each period were:

			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014		2013				2014		2013
Fixed maturity securities
Proceeds received		$	98,942		$	56,343		$	198,191		$	270,329
Gross gains realized			5,871			1,807			9,998			16,197
Gross losses realized			-4,421			-4,117			-5,399			-4,598

Equity securities
Proceeds received		$	3,489		$	3,742		$	11,980		$	14,875
Gross gains realized			722			531			2,196			3,875
Gross losses realized			-86			-103			-267			-490

Unrealized Gains and Losses on Fixed Maturities and Equity Securities

Net unrealized gains and losses are computed as the difference between fair value and amortized cost for fixed maturities or cost for equity securities. The following table reconciles the net unrealized investment gains and losses, net of tax, included in accumulated other comprehensive income (loss), before the impact on deferred policy acquisition costs:

			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014		2013				2014		2013
Net unrealized investment gains (losses) on fixed maturity securities, net of tax
Beginning of period		$	317,791		$	220,668		$	146,489		$	423,004
Change in unrealized investment gains and losses			-10,189			-41,288			163,613			-231,116
Reclassification of net realized investment (gains) losses to net income			-1,824			1,193			-4,324			-11,315
End of period		$	305,778		$	180,573		$	305,778		$	180,573

Net unrealized investment gains (losses) on equity securities, net of tax
Beginning of period		$	7,955		$	3,266		$	4,618		$	720
Change in unrealized investment gains and losses			-1,594			-679			2,584			3,840
Reclassification of net realized investment (gains) losses to net income			-459			-278			-1,300			-2,251
End of period		$	5,902		$	2,309		$	5,902		$	2,309

Repurchase Agreements

The Company entered into repurchase agreements to earn incremental spread income. A repurchase agreement is a transaction in which one party (transferor) agrees to sell securities to another party (transferee) in return for cash (or securities), with a simultaneous agreement to repurchase the same securities at a specified price at a later date. These transactions are generally short-term in nature, and therefore, the carrying amounts of these instruments approximate fair value.

As part of repurchase agreements, the Company transfers primarily U.S. Government, government agency and corporate securities and receives cash. For the repurchase agreements, the Company receives cash in an amount equal to at least 95% of the fair value of the securities transferred, and the agreements with third parties contain contractual provisions to allow for additional collateral to be obtained when necessary. The cash received from the repurchase program is typically invested in high quality floating rate fixed maturity securities. The Company accounts for the repurchase agreements as collateralized borrowings. The securities transferred under repurchase agreements are included in fixed maturity, available-for-sale securities with the obligation to repurchase those securities recorded in Other Liabilities on the Company's Consolidated Balance Sheets. The fair value of the securities transferred was $0 and $24,791 as of September 30, 2014 and December 31, 2013, respectively. The obligation for securities sold under agreement to repurchase was $0 and $25,864, including accrued interest, as of September 30, 2014 and December 31, 2013, respectively.

Offsetting of Assets and Liabilities

The Company’s derivative instruments (call options) are subject to enforceable master netting arrangements. Collateral support agreements associated with each master netting arrangement provide that the Company will receive or pledge financial collateral in the event minimum thresholds have been reached. The Company’s repurchase agreements and the embedded derivatives related to the Company’s fixed indexed annuity product are not subject to master netting arrangements and there was no offsetting in their presentation in the Company’s Consolidated Balance Sheets.

The following table presents the instruments that were subject to a master netting arrangement for the Company. No instruments were subject to master netting arrangements as of December 31, 2013.

								Net Amounts
								of Assets/
					Gross			Liabilities			Gross Amounts Not Offset
					Amounts			Presented			in the Consolidated
					Offset in the			in the			Balance Sheet
					Consolidated			Consolidated						Cash
		Gross			Balance			Balance			Financial			Collateral			Net
		Amounts			Sheet			Sheet			Instruments			Received			Amount
30-Sep-14
Asset derivatives:
Free-standing derivatives		$	1,276		$	-		$	1,276		$	-		$	1,145		$	131

Deposits

At September 30, 2014 and December 31, 2013, securities with a fair value of $18,338 and $17,967, respectively, were on deposit with governmental agencies as required by law in various states in which the insurance subsidiaries of HMEC conduct business. In addition, at September 30, 2014 and December 31, 2013, securities with a fair value of $551,451 and $274,437, respectively, were on deposit with the Federal Home Loan Bank of Chicago (“FHLB”) as collateral for amounts subject to funding agreements which were equal to $500,000 and $250,000, respectively. The deposited securities are included in fixed maturities on the Company’s Consolidated Balance Sheets.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	9 Months Ended
Fair Value of Financial Instruments	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value of Financial Instruments	'
	Note 3 - Fair Value of Financial Instruments

	The Company is required under GAAP to disclose estimated fair values for certain financial and nonfinancial assets and liabilities. Fair values of the Company’s insurance contracts other than annuity contracts are not required to be disclosed. However, the estimated fair values of liabilities under all insurance contracts are taken into consideration in the Company’s overall management of interest rate risk through the matching of investment maturities with amounts due under insurance contracts.

	Information regarding the three-level hierarchy presented below and the valuation methodologies utilized by the Company to estimate fair values at a point in time is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, specifically in “Note 3 — Fair Value of Financial Instruments”. Transactions subsequent to December 31, 2013 have resulted in additional components which are described below.

	Short-term and Other Investments

	Short-term and other investments are comprised of short-term fixed income securities, derivative instruments (all call options), policy loans, mortgage loans, and restricted FHLB membership and activity stocks, as well as certain alternative investments which are accounted for as equity method investments and therefore excluded from the fair value tabular disclosures.

	In summary, the following investments in this caption are carried at fair value:
		⋅	Short-term fixed income securities — Because of the nature of these assets, carrying amounts generally approximate fair values.
		⋅	Derivative instruments, all call options — Fair values are based on the amount of cash expected to be received to settle each derivative instrument on the reporting date. These amounts are obtained from each of the counterparties using industry accepted valuation models and observable inputs. Significant inputs include contractual terms, underlying index prices, market volatilities, interest rates and dividend yields.
		⋅	FHLB membership and activity stocks — Fair value is based on redemption value, which is equal to par value.

	The following investments in this caption are not carried at fair value; disclosure is provided:
		⋅	Policy loans — Fair value is based on estimates using discounted cash flow analysis and current interest rates being offered for new loans.
		⋅	Mortgage loans — Fair value is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and the same remaining maturities.

	Other Policyholder Funds

	Other policyholder funds are liabilities related to supplementary contracts without life contingencies and dividend accumulations, both of which represent deposits that do not have defined maturities, as well as balances outstanding under funding agreements with the FHLB and embedded derivatives. Except for embedded derivatives, each of these components is carried at cost, which management believes is a reasonable estimate of fair value due to the relatively short duration of these items, based on the Company’s past experience.

	The fair value of the embedded derivatives, all related to the Company’s FIA products, is estimated at each valuation date by (1) projecting policy contract values and minimum guaranteed contract values over the expected lives of the contracts and (2) discounting the excess of the projected contract value amounts at the applicable risk free interest rates adjusted for the Company’s nonperformance risk related to those liabilities. The projections of policy contract values are based on the Company’s best estimate assumptions for future contract growth and decrements. The assumptions for future contract growth include the expected index credits which are derived from the fair values of the underlying call options purchased to fund such index credits and the expected costs of annual call options that will be purchased in the future to fund index credits beyond the next contract anniversary. Projections of minimum guaranteed contract values include the same best estimate assumptions for contract decrements used to project policy contract values.

	Financial Instruments Measured and Carried at Fair Value

	The following table presents the Company’s fair value hierarchy for those assets and liabilities measured and carried at fair value on a recurring basis. At September 30, 2014, Level 3 invested assets comprised approximately 2.3% of the Company’s total investment portfolio fair value.

									Fair Value Measurements at
			Carrying			Fair			Reporting Date Using
			Amount			Value			Level 1			Level 2			Level 3
	30-Sep-14
	Financial Assets
	Investments
	Fixed maturities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	534,513		$	534,513		$	-		$	534,513		$	-
	Other, including
	U.S. Treasury securities			503,712			503,712			17,697			486,015			-
	Municipal bonds			1,617,105			1,617,105			-			1,603,962			13,143
	Foreign government bonds			58,779			58,779			-			58,779			-
	Corporate bonds			2,855,768			2,855,768			10,441			2,779,670			65,657
	Other mortgage-backed securities			1,223,592			1,223,592			-			1,136,351			87,241
	Total fixed maturities			6,793,469			6,793,469			28,138			6,599,290			166,041
	Equity securities			106,837			106,837			88,640			18,191			6
	Short-term investments			162,217			162,217			162,217			-			-
	Other investments			11,276			11,276			-			11,276			-
	Totals			7,073,799			7,073,799			278,995			6,628,757			166,047
	Separate Account (variable annuity) assets (1)			1,786,363			1,786,363			1,786,363			-			-
	Financial Liabilities
	Other policyholder funds, embedded derivatives			13,082			13,082			-			-			13,082

	31-Dec-13
	Financial Assets
	Investments
	Fixed maturities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	569,725		$	569,725		$	-		$	569,725		$	-
	Other, including
	U.S. Treasury securities			435,574			435,574			17,757			417,817			-
	Municipal bonds			1,471,527			1,471,527			-			1,468,833			2,694
	Foreign government bonds			54,951			54,951			-			54,951			-
Corporate bonds			2,614,409			2,614,409			10,181			2,543,402			60,826
Other mortgage-backed securities			863,387			863,387			-			817,378			46,009
Total fixed maturities			6,009,573			6,009,573			27,938			5,872,106			109,529
Equity securities			91,858			91,858			74,279			17,573			6
Short-term investments			206,758			206,758			206,354			404			-
Other investments			5,000			5,000			-			5,000			-
Totals			6,313,189			6,313,189			308,571			5,895,083			109,535
Separate Account (variable annuity) assets (1)			1,747,995			1,747,995			1,747,995			-			-
Financial Liabilities
Other policyholder funds, embedded derivatives			-			-			-			-			-

	-1	Separate Account (variable annuity) liabilities are set equal to Separate Account (variable annuity) assets.

The Company transferred one equity security from Level 2 to Level 1 during the nine months ended September 30, 2014. The following tables present reconciliations for the periods indicated for all Level 3 assets and liabilities measured at fair value on a recurring basis.

		Financial Assets																	Financial
		Financial Assets																	Liabilities(1)
		Municipal			Corporate			Other			Total			Equity			Total
		Bonds			Bonds			Mortgage-			Fixed			Securities
								Backed			Maturities
								Securities

Beginning balance July 1, 2014		$	13,054		$	73,926		$	52,522		$	139,502		$	6		$	139,508	$	6,915
Transfers into Level 3 (2)			-			-			35,000			35,000			-			35,000		-
Transfers out of Level 3 (2)			-			-3,510			-			-3,510			-			-3,510		-
Total gains or losses
Net realized gains (losses) included in net income			-			-			-			-			-			-		70
Net unrealized gains (losses) included in other comprehensive income			212			-180			-137			-105			-			-105		-
Purchases			-			-			-			-			-			-		-
Issuances			-			-			-			-			-			-		6,179
Sales			-			-			-			-			-			-		-
Settlements			-			-			-			-			-			-		-
Paydowns, maturities and distributions			-123			-4,580			-143			-4,846			-			-4,846		-82
Ending balance, September 30, 2014		$	13,143		$	65,656		$	87,242		$	166,041		$	6		$	166,047	$	13,082

Beginning balance, January 1, 2014		$	2,694		$	60,826		$	46,009		$	109,529		$	6		$	109,535	$	-
Transfers into Level 3 (2)			10,056			12,452			42,109			64,617			-			64,617		-
Transfers out of Level 3 (2)			-			-3,510			-519			-4,029			-			-4,029		-
Total gains or losses
Net realized gains (losses) included in net income			-			-			-26			-26			-			-26		139
Net unrealized gains (losses) included in other comprehensive income			646			2,380			155			3,181			-			3,181		-
Purchases			-			-			-			-			-			-		-
Issuances			-			-			-			-			-			-		13,035
Sales			-			-			-			-			-			-		-
Settlements			-			-			-			-			-			-		-
Paydowns, maturities and distributions			-253			-6,492			-486			-7,231			-			-7,231		-92
Ending balance, September 30, 2014		$	13,143		$	65,656		$	87,242		$	166,041		$	6		$	166,047	$	13,082

	-1	Represents embedded derivatives, all related to the Company’s FIA products, reported in Other Policyholder Funds in the Company’s Consolidated Balance Sheets.
	-1
	-2	Transfers into and out of Level 3 during the three and nine months ended September 30, 2014 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.

		Financial Assets
		Municipal			Corporate			Other			Total			Equity			Total
		Bonds			Bonds			Mortgage-			Fixed			Securities
								Backed			Maturities
								Securities

Beginning balance July 1, 2013		$	3,764		$	56,590		$	49,343		$	109,697		$	6		$	109,703
Transfers into Level 3 (1)			5,546			9,315			23,828			38,689			-			38,689
Transfers out of Level 3 (1)			-800			-			-1,881			-2,681			-			-2,681
Total gains or losses
Net realized gains (losses) included in net income			-			-			-			-			-			-
Net unrealized gains (losses) included in other comprehensive income			-123			104			-20			-39			-			-39
Purchases			-			-			-			-			-			-
Issuances			-			-			-			-			-			-
Sales			-			-			-			-			-			-
Settlements			-			-			-			-			-			-
Paydowns, maturities and distributions			-72			-1,718			-8,260			-10,050			-			-10,050
Ending balance, September 30, 2013		$	8,315		$	64,291		$	63,010		$	135,616		$	6		$	135,622

Beginning balance, January 1, 2013		$	12,275		$	85,722		$	33,172		$	131,169		$	340		$	131,509
Transfers into Level 3 (1)			9,453			32,754			67,827			110,034			-			110,034
Transfers out of Level 3 (1)			-800			-50,341			-20,284			-71,425			-			-71,425
Total gains or losses
Net realized gains (losses) included in net income			-			-			-			-			-			-
Net unrealized gains (losses) included in other comprehensive income			-474			-1,605			-438			-2,517			-			-2,517
Purchases			-			-			-			-			-			-
Issuances			-			-			-			-			-			-
Sales			-			-			-			-			-334			-334
Settlements			-			-			-			-			-			-
Paydowns, maturities and distributions			-12,139			-2,239			-17,267			-31,645			-			-31,645
Ending balance, September 30, 2013		$	8,315		$	64,291		$	63,010		$	135,616		$	6		$	135,622


	-1	Transfers into and out of Level 3 during the three and nine months ended September 30, 2013 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.

At September 30, 2014 and 2013, there were no realized gains or losses included in earnings that were attributable to changes in the fair value of Level 3 assets still held. For the three and nine months ended September 30, 2014, realized gains/(losses) of $70 and $139, respectively, were included in earnings that were attributable to the changes in the fair value of Level 3 liabilities (embedded derivatives) still held.

The valuation techniques and significant unobservable inputs used in the fair value measurement for financial assets classified as Level 3 are subject to the control processes as described in “Note 3 — Fair Value of Financial Instruments — Investments” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. Generally, valuation for fixed maturity securities include spread pricing, matrix pricing and discounted cash flow methodologies; include inputs such as quoted prices for identical or similar securities that are less liquid; and are based on lower levels of trading activity than securities classified as Level 2. The valuation techniques and significant unobservable inputs used in the fair value measurement for equity securities classified as Level 3 use similar valuation techniques and significant unobservable inputs as fixed maturities.

The sensitivity of the estimated fair values to changes in the significant unobservable inputs for fixed maturities and equity securities included in Level 3 generally relate to interest rate spreads, illiquidity premiums and default rates. Significant spread widening in isolation will adversely impact the overall valuation, while significant spread tightening will lead to substantial valuation increases. Significant increases (decreases) in illiquidity premiums in isolation will result in substantially lower (higher) valuations. Significant increases (decreases) in expected default rates in isolation will result in substantially lower (higher) valuations.

Financial Instruments Not Carried at Fair Value; Disclosure Required

The Company has various other financial assets and financial liabilities used in the normal course of business that are not carried at fair value, but for which fair value disclosure is required. The following table presents the carrying value, fair value and fair value hierarchy of these financial assets and financial liabilities.

								Fair Value Measurements at
		Carrying			Fair			Reporting Date Using
		Amount			Value			Level 1			Level 2			Level 3
30-Sep-14
Financial Assets
Investments
Other investments		$	143,751		$	148,081		$	-		$	-		$	148,081
Financial Liabilities
Fixed annuity contract liabilities			3,717,277			3,491,512			-			-			3,491,512
Policyholder account balances on interest-sensitive life contracts			77,639			78,706			-			-			78,706
Other policyholder funds			588,479			588,479			-			500,055			88,424
Short-term debt			38,000			38,000			-			38,000			-
Long-term debt			199,923			212,432			212,432			-			-
Other liabilities, repurchase agreement obligations			-			-			-			-			-

31-Dec-13
Financial Assets
Investments
Other investments		$	140,685		$	144,921		$	-		$	-		$	144,921
Financial Liabilities
Fixed annuity contract liabilities			3,515,865			3,302,333			-			-			3,302,333
Policyholder account balances on interest-sensitive life contracts			78,598			79,678			-			-			79,678
Other policyholder funds			346,292			346,292			-			250,000			96,292
Short-term debt			38,000			38,000			-			38,000			-
Long-term debt			199,874			218,565			218,565			-			-
Other liabilities, repurchase agreement obligations			25,864			25,864			-			25,864			-

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt	'
	Note 4 - Debt

	Indebtedness outstanding was as follows:

			September 30,		December 31,
			2014		2013
	Short-term debt:
	Bank Credit Facility, expires July 30, 2019		$	38,000	$	38,000
	Long-term debt, current and noncurrent (1):
	6.05% Senior Notes, due June 15, 2015. Aggregate principal amount of $75,000 less unaccrued discount of $18 and $38 (6.1% imputed rate)			74,982		74,962
	6.85% Senior Notes, due April 15, 2016. Aggregate principal amount of $125,000 less unaccrued discount of $59 and $88 (6.9% imputed rate)			124,941		124,912
	Total		$	237,923	$	237,874

		-1	The Company designates debt obligations as “long-term” based on maturity date at issuance.

	The 6.05% Senior Notes due 2015 (“Senior Notes due 2015”) and 6.85% Senior Notes due 2016 (“Senior Notes due 2016”) are described in “Notes to Consolidated Financial Statements — Note 5 — Debt” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

	Credit Agreement with Financial Institutions (“Bank Credit Facility”)

	On October 7, 2011, HMEC entered into a Bank Credit Agreement (the “Bank Credit Facility”) that replaced a previous bank credit agreement which was scheduled to expire on December 19, 2011. The Bank Credit Facility is by and between HMEC, certain financial institutions named therein and JPMorgan Chase Bank, N.A., as administrative agent, provides for unsecured borrowings of up to $150,000 and was scheduled to expire on October 6, 2015.

	Effective July 30, 2014, the Bank Credit Facility agreement was amended and restated to extend the commitment termination date to July 30, 2019 from the previous termination date of October 6, 2015 and to decrease the interest rate spread relative to Eurodollar base rates. The financial covenants within the agreement were not changed. Interest accrues at varying spreads relative to prime or Eurodollar base rates and is payable monthly or quarterly depending on the applicable base rate (Eurodollar base rate plus 1.15%, which totaled 1.30%, as of September 30, 2014). The unused portion of the Bank Credit Facility is subject to a variable commitment fee, which was 0.15% on an annual basis at September 30, 2014.

Reinsurance

Reinsurance	9 Months Ended
Reinsurance	Sep. 30, 2014
Insurance [Abstract]	'
Reinsurance	'
	Note 5 - Reinsurance

	The Company recognizes the cost of reinsurance premiums over the contract periods for such premiums in proportion to the insurance protection provided. Amounts recoverable from reinsurers for unpaid claims and claim settlement expenses, including estimated amounts for unsettled claims, claims incurred but not yet reported and policy benefits, are estimated in a manner consistent with the insurance liability associated with the policy. The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:

				Ceded to		Assumed
		Gross		Other		from Other		Net
		Amount		Companies		Companies		Amount

	Three months ended September 30, 2014
	Premiums written and contract deposits	$	328,525	$	6,668	$	889	$	322,746
	Premiums and contract charges earned		184,770		6,677		937		179,030
	Benefits, claims and settlement expenses		122,883		6,451		1,011		117,443

	Three months ended September 30, 2013
	Premiums written and contract deposits	$	312,351	$	7,162	$	844	$	306,033
	Premiums and contract charges earned		179,969		7,094		886		173,761
	Benefits, claims and settlement expenses		114,261		2,602		1,042		112,701

	Nine months ended September 30, 2014
	Premiums written and contract deposits	$	893,125	$	20,011	$	2,300	$	875,414
	Premiums and contract charges earned		551,672		20,463		2,362		533,571
	Benefits, claims and settlement expenses		366,923		12,580		2,246		356,589

	Nine months ended September 30, 2013
	Premiums written and contract deposits	$	838,615	$	22,074	$	2,273	$	818,814
	Premiums and contract charges earned		534,621		22,455		2,314		514,480
	Benefits, claims and settlement expenses		351,274		7,251		2,142		346,165

Segment_Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	Note 6 - Segment Information

	The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: property and casualty insurance, primarily personal lines automobile and homeowners products; retirement annuity products, primarily tax-qualified fixed and variable deposits; and life insurance. The Company does not allocate the impact of corporate-level transactions to the insurance segments, consistent with the basis for management’s evaluation of the results of those segments, but classifies those items in the fourth segment, corporate and other. In addition to ongoing transactions such as corporate debt service, realized investment gains and losses and certain public company expenses, such items have also included corporate debt retirement costs/gains, when applicable. Summarized financial information for these segments is as follows:

			Three Months Ended					Nine Months Ended
			September 30,					September 30,
			2014			2013		2014		2013
	Insurance premiums and contract charges earned
	Property and casualty		$	145,520		$	140,812	$	434,070	$	418,205
	Annuity			6,654			5,895		19,031		16,714
	Life			26,856			27,054		80,470		79,561
	Total		$	179,030		$	173,761	$	533,571	$	514,480

	Net investment income
	Property and casualty		$	8,877		$	8,824	$	27,617	$	26,894
	Annuity			56,026			52,175		166,221		154,818
	Life			17,915			17,703		53,891		52,232
	Corporate and other			3			2		7		6
	Intersegment eliminations			-230			-238		-696		-720
	Total		$	82,591		$	78,466	$	247,040	$	233,230

	Net income (loss)
	Property and casualty		$	11,769		$	11,037	$	30,691	$	25,363
	Annuity			10,264			11,605		34,076		31,896
	Life			3,916			5,884		12,813		15,752
	Corporate and other			-592			-4,927		-3,405		3,595
	Total		$	25,357		$	23,599	$	74,175	$	76,606

		September 30,			December 31,
		2014			2013
	Assets
	Property and casualty	$	1,079,649		$	1,001,561
	Annuity		6,496,985			5,963,348
	Life		1,941,982			1,743,084
	Corporate and other		156,124			154,557
	Intersegment eliminations		-31,776			-35,878
	Total	$	9,642,964		$	8,826,672

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	9 Months Ended
Basis of Presentation (Policies)	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Accounting Policy for Fixed Indexed Annuities	'
	Accounting Policy for Fixed Indexed Annuities

	In 2014, the Company began offering fixed indexed annuity (“FIA”) products with interest crediting strategies linked to the Standard & Poor’s 500 Index and the Dow Jones Industrial Average. The Company purchases call options on the applicable indices as an investment to provide the income needed to fund the annual index credits on the indexed products. These products are deferred fixed annuities with a guaranteed minimum interest rate plus a contingent return based on equity market performance and are considered hybrid financial instruments under the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 815 “Derivatives and Hedging”. The Company elected to not use hedge accounting for derivative transactions related to the FIA products. As a result, the Company records the purchased call options and the embedded derivative related to the provision of a contingent return at fair value, with changes in fair value reported in the Consolidated Statements of Operations. More information regarding the determination of fair value of the FIA embedded derivative and purchased call options, the only derivative instruments utilized by the Company, is included in “Note 3 — Fair Value of Financial Instruments”.

Accumulated Other Comprehensive Income (Loss)	'
	Accumulated Other Comprehensive Income (Loss)

	Accumulated other comprehensive income (loss) represents the accumulated change in shareholders’ equity from transactions and other events and circumstances from non-shareholder sources. For the Company, accumulated other comprehensive income (loss) includes the after-tax change in net unrealized gains and losses on fixed maturities and equity securities and the after-tax change in net funded status of pension and other postretirement benefit obligations as shown in the Consolidated Statements of Changes in Shareholders’ Equity. The following tables reconcile these components.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2014		$	281,555	$	-11,776	$	269,779
	Other comprehensive income (loss) before reclassifications			-9,265		-		-9,265
	Amounts reclassified from accumulated other comprehensive income (loss)			-2,283		-		-2,283
	Net current period other comprehensive income (loss)			-11,548		-		-11,548
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	Beginning balance, January 1, 2014		$	133,990	$	-11,776	$	122,214
	Other comprehensive income (loss) before reclassifications			141,641		-		141,641
	Amounts reclassified from accumulated other comprehensive income (loss)			-5,624		-		-5,624
	Net current period other comprehensive income (loss)			136,017		-		136,017
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	-1	All amounts are net of tax.
	-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2013		$	196,847	$	-15,311	$	181,536
	Other comprehensive income (loss) before reclassifications			-37,211		-		-37,211
	Amounts reclassified from accumulated other comprehensive income (loss)			915		-		915
	Net current period other comprehensive income (loss)			-36,296		-		-36,296
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

	Beginning balance, January 1, 2013		$	382,400	$	-15,311	$	367,089
	Other comprehensive income (loss) before reclassifications			-208,283		-		-208,283
	Amounts reclassified from accumulated other comprehensive income (loss)			-13,566		-		-13,566
	Net current period other comprehensive income (loss)			-221,849		-		-221,849
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

		-1	All amounts are net of tax.
		-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

	Comparative information for elements that are not required to be reclassified in their entirety to net income in the same reporting period is located in “Note 2 — Investments — Unrealized Gains and Losses on Fixed Maturities and Equity Securities”.

Basis_of_Presentation_Tables

Basis of Presentation (Tables)	9 Months Ended
Basis of Presentation (Tables)	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Accumulated Other Comprehensive Income (Loss)	'
	The following tables reconcile these components.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2014		$	281,555	$	-11,776	$	269,779
	Other comprehensive income (loss) before reclassifications			-9,265		-		-9,265
	Amounts reclassified from accumulated other comprehensive income (loss)			-2,283		-		-2,283
	Net current period other comprehensive income (loss)			-11,548		-		-11,548
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	Beginning balance, January 1, 2014		$	133,990	$	-11,776	$	122,214
	Other comprehensive income (loss) before reclassifications			141,641		-		141,641
	Amounts reclassified from accumulated other comprehensive income (loss)			-5,624		-		-5,624
	Net current period other comprehensive income (loss)			136,017		-		136,017
	Ending balance, September 30, 2014		$	270,007	$	-11,776	$	258,231

	-1	All amounts are net of tax.
	-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.

			Unrealized Gains
			and Losses on
			Fixed Maturities
			and Equity		Defined
			Securities (1)(2)		Benefit Plans (1)		Total (1)

	Beginning balance, July 1, 2013		$	196,847	$	-15,311	$	181,536
	Other comprehensive income (loss) before reclassifications			-37,211		-		-37,211
	Amounts reclassified from accumulated other comprehensive income (loss)			915		-		915
	Net current period other comprehensive income (loss)			-36,296		-		-36,296
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

	Beginning balance, January 1, 2013		$	382,400	$	-15,311	$	367,089
	Other comprehensive income (loss) before reclassifications			-208,283		-		-208,283
	Amounts reclassified from accumulated other comprehensive income (loss)			-13,566		-		-13,566
	Net current period other comprehensive income (loss)			-221,849		-		-221,849
	Ending balance, September 30, 2013		$	160,551	$	-15,311	$	145,240

		-1	All amounts are net of tax.
		-2	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

Investments_Tables

Investments (Tables)	9 Months Ended
Investments (Tables)	Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Unrealized gains and losses on fixed maturities and equity securities	'
	The amortized cost or cost, unrealized investment gains and losses, fair values and other-than-temporary impairment (“OTTI”) included in accumulated other comprehensive income (loss) (“AOCI”) of all fixed maturities and equity securities in the portfolio were as follows:

			Amortized			Unrealized			Unrealized			Fair			OTTI in
			Cost/Cost			Gains			Losses			Value			AOCI (2)
	30-Sep-14
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations (1):
	Mortgage-backed securities		$	494,650		$	44,197		$	4,334		$	534,513		$	-
	Other, including
	U.S. Treasury securities			490,611			20,583			7,482			503,712			-
	Municipal bonds			1,460,938			162,032			5,865			1,617,105			-
	Foreign government bonds			52,571			6,268			60			58,779			-
	Corporate bonds			2,624,428			240,948			9,608			2,855,768			-
	Other mortgage-backed securities			1,199,844			29,492			5,744			1,223,592			2,880
	Totals		$	6,323,042		$	503,520		$	33,093		$	6,793,469		$	2,880

	Equity securities		$	97,757		$	11,882		$	2,802		$	106,837		$	-

	31-Dec-13
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations (1):
	Mortgage-backed securities		$	555,574		$	33,711		$	19,560		$	569,725		$	-
	Other, including
	U.S. Treasury securities			449,060			9,865			23,351			435,574			-
	Municipal bonds			1,425,441			80,701			34,615			1,471,527			-
	Foreign government bonds			50,641			4,700			390			54,951			-
	Corporate bonds			2,457,727			188,832			32,150			2,614,409			-
	Other mortgage-backed securities			845,762			26,477			8,852			863,387			2,812
	Totals		$	5,784,205		$	344,286		$	118,918		$	6,009,573		$	2,812

	Equity securities		$	84,754		$	10,723		$	3,619		$	91,858		$	-

		-1	Fair value includes securities issued by Federal National Mortgage Association (“FNMA”) of $319,596 and $336,193; Federal Home Loan Mortgage Corporation (“FHLMC”) of $419,913 and $427,172; and Government National Mortgage Association (“GNMA”) of $136,379 and $126,245 as of September 30, 2014 and December 31, 2013, respectively.
		-2	Related to securities for which an unrealized loss was bifurcated to distinguish the credit related portion and the portion driven by other market factors. Represents the amount of other-than-temporary impairment losses in AOCI which was not included in earnings; amounts also include unrealized gains/(losses) on such impaired securities relating to changes in the fair value of those securities subsequent to the impairment measurement date.

Summary of fair value and gross unrealized losses of fixed maturity securities and equity securities in an unrealized loss position	'

			12 Months or Less							More than 12 Months							Total
							Gross							Gross						Gross
			Fair Value				Unrealized			Fair Value				Unrealized			Fair Value			Unrealized
			Fair Value				Losses			Fair Value				Losses			Fair Value			Losses
	30-Sep-14
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	5,215			$	121		$	60,111			$	4,213		$	65,326		$	4,334
	Other			39,248				195			127,454				7,287			166,702			7,482
	Municipal bonds			50,593				223			75,448				5,642			126,041			5,865
	Foreign government bonds			3,940				60			-				-			3,940			60
	Corporate bonds			232,074				3,571			120,928				6,037			353,002			9,608
	Other mortgage-backed securities			431,870				2,809			99,814				2,935			531,684			5,744
	Total fixed maturity securities			762,940				6,979			483,755				26,114			1,246,695			33,093
	Equity securities (1)			14,004				1,279			26,559				1,523			40,563			2,802
	Combined totals		$	776,944			$	8,258		$	510,314			$	27,637		$	1,287,258		$	35,895

	Number of positions with a gross unrealized loss			291							149							440
	Fair value as a percentage of total fixed maturities and equity securities fair value			11.3	%						7.4	%						18.7	%

	31-Dec-13
	Fixed maturity securities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	150,602			$	19,145		$	1,383			$	415		$	151,985		$	19,560
	Other			249,765				22,479			4,450				872			254,215			23,351
	Municipal bonds			375,523				26,529			42,899				8,086			418,422			34,615
	Foreign government bonds			6,738				390			-				-			6,738			390
	Corporate bonds			582,849				28,634			12,948				3,516			595,797			32,150
	Other mortgage-backed securities			274,983				8,300			20,008				552			294,991			8,852
	Total fixed maturity securities			1,640,460				105,477			81,688				13,441			1,722,148			118,918
	Equity securities (1)			32,392				3,117			1,405				502			33,797			3,619
	Combined totals		$	1,672,852			$	108,594		$	83,093			$	13,943		$	1,755,945		$	122,537

	Number of positions with a gross unrealized loss			534							46							580
	Fair value as a percentage of total fixed maturities and equity securities fair value			27.4	%						1.4	%						28.8	%

	-1	Includes nonredeemable (perpetual) preferred stocks, common stocks and closed-end funds.

Summary of cumulative credit losses	'
	The following table summarizes the cumulative amounts related to the Company’s credit loss component of the other-than-temporary impairment losses on fixed maturity securities held as of September 30, 2014 and 2013 that the Company did not intend to sell as of those dates, and it was not more likely than not that the Company would be required to sell the securities before the anticipated recovery of the amortized cost bases, for which the non-credit portions of the other-than-temporary impairment losses were recognized in other comprehensive income (loss):

				Nine Months Ended
				September 30,
				2014		2013
	Cumulative credit loss (1)
	Beginning of period		$	4,097		$	2,877
	New credit losses			280			860
	Losses related to securities sold or paid down during the period			-			-
	End of period		$	4,377		$	3,737

	-1	The cumulative credit loss amounts exclude other-than-temporary impairment losses on securities held as of the periods indicated that the Company intended to sell or it was more likely than not that the Company would be required to sell the security before the recovery of the amortized cost basis.

Distribution of the Company's fixed maturity portfolio by estimated expected maturity	'
	The following table presents the distribution of the Company's fixed maturity securities portfolio by estimated expected maturity. Estimated expected maturities differ from contractual maturities, reflecting assumptions regarding borrowers’ utilization of the right to call or prepay obligations with or without call or prepayment penalties. For structured securities, including mortgage-backed securities and other asset-backed securities, estimated expected maturities consider broker-dealer survey prepayment assumptions and are verified for consistency with the interest rate and economic environments.

			Percent of Total Fair Value							September 30, 2014
			September 30,			December 31,				Fair			Amortized
			2014			2013				Value			Cost
	Estimated expected maturity:
	Due in 1 year or less		4.2	%		4.1	%		$	288,311		$	268,346
	Due after 1 year through 5 years		23.9			20.9				1,626,049			1,513,450
	Due after 5 years through 10 years		40.1			38.4				2,718,736			2,530,472
	Due after 10 years through 20 years		19			20.8				1,291,192			1,201,781
	Due after 20 years		12.8			15.8				869,181			808,993
	Total		100	%		100	%		$	6,793,469		$	6,323,042

	Average option-adjusted duration, in years		5.9			6.3

Proceeds received from sales of fixed maturities and equity securities	'
	Proceeds received from sales of fixed maturities and equity securities, each determined using the specific identification method, and gross gains and gross losses realized as a result of those sales for each period were:

				Three Months Ended						Nine Months Ended
				September 30,						September 30,
				2014		2013				2014		2013
	Fixed maturity securities
	Proceeds received		$	98,942		$	56,343		$	198,191		$	270,329
	Gross gains realized			5,871			1,807			9,998			16,197
	Gross losses realized			-4,421			-4,117			-5,399			-4,598

	Equity securities
	Proceeds received		$	3,489		$	3,742		$	11,980		$	14,875
	Gross gains realized			722			531			2,196			3,875
	Gross losses realized			-86			-103			-267			-490

Reconciliation of net unrealized investment gains (losses) on fixed maturity securities and equity securities	'
	The following table reconciles the net unrealized investment gains and losses, net of tax, included in accumulated other comprehensive income (loss), before the impact on deferred policy acquisition costs:

				Three Months Ended						Nine Months Ended
				September 30,						September 30,
				2014		2013				2014		2013
	Net unrealized investment gains (losses) on fixed maturity securities, net of tax
	Beginning of period		$	317,791		$	220,668		$	146,489		$	423,004
	Change in unrealized investment gains and losses			-10,189			-41,288			163,613			-231,116
	Reclassification of net realized investment (gains) losses to net income			-1,824			1,193			-4,324			-11,315
	End of period		$	305,778		$	180,573		$	305,778		$	180,573

	Net unrealized investment gains (losses) on equity securities, net of tax
	Beginning of period		$	7,955		$	3,266		$	4,618		$	720
	Change in unrealized investment gains and losses			-1,594			-679			2,584			3,840
	Reclassification of net realized investment (gains) losses to net income			-459			-278			-1,300			-2,251
	End of period		$	5,902		$	2,309		$	5,902		$	2,309

Offsetting assets and liability	'
	The following table presents the instruments that were subject to a master netting arrangement for the Company. No instruments were subject to master netting arrangements as of December 31, 2013.

									Net Amounts
									of Assets/
						Gross			Liabilities			Gross Amounts Not Offset
						Amounts			Presented			in the Consolidated
						Offset in the			in the			Balance Sheet
						Consolidated			Consolidated						Cash
			Gross			Balance			Balance			Financial			Collateral			Net
			Amounts			Sheet			Sheet			Instruments			Received			Amount
	30-Sep-14
	Asset derivatives:
	Free-standing derivatives		$	1,276		$	-		$	1,276		$	-		$	1,145		$	131

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	9 Months Ended
Fair Value of Financial Instruments (Tables)	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Summary of Company's fair value hierarchy measured at recurring basis	'
	The following table presents the Company’s fair value hierarchy for those assets and liabilities measured and carried at fair value on a recurring basis. At September 30, 2014, Level 3 invested assets comprised approximately 2.3% of the Company’s total investment portfolio fair value.

									Fair Value Measurements at
			Carrying			Fair			Reporting Date Using
			Amount			Value			Level 1			Level 2			Level 3
	30-Sep-14
	Financial Assets
	Investments
	Fixed maturities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	534,513		$	534,513		$	-		$	534,513		$	-
	Other, including
	U.S. Treasury securities			503,712			503,712			17,697			486,015			-
	Municipal bonds			1,617,105			1,617,105			-			1,603,962			13,143
	Foreign government bonds			58,779			58,779			-			58,779			-
	Corporate bonds			2,855,768			2,855,768			10,441			2,779,670			65,657
	Other mortgage-backed securities			1,223,592			1,223,592			-			1,136,351			87,241
	Total fixed maturities			6,793,469			6,793,469			28,138			6,599,290			166,041
	Equity securities			106,837			106,837			88,640			18,191			6
	Short-term investments			162,217			162,217			162,217			-			-
	Other investments			11,276			11,276			-			11,276			-
	Totals			7,073,799			7,073,799			278,995			6,628,757			166,047
	Separate Account (variable annuity) assets (1)			1,786,363			1,786,363			1,786,363			-			-
	Financial Liabilities
	Other policyholder funds, embedded derivatives			13,082			13,082			-			-			13,082

	31-Dec-13
	Financial Assets
	Investments
	Fixed maturities
	U.S. Government and federally sponsored agency obligations:
	Mortgage-backed securities		$	569,725		$	569,725		$	-		$	569,725		$	-
	Other, including
	U.S. Treasury securities			435,574			435,574			17,757			417,817			-
	Municipal bonds			1,471,527			1,471,527			-			1,468,833			2,694
	Foreign government bonds			54,951			54,951			-			54,951			-
	Corporate bonds			2,614,409			2,614,409			10,181			2,543,402			60,826
	Other mortgage-backed securities			863,387			863,387			-			817,378			46,009
	Total fixed maturities			6,009,573			6,009,573			27,938			5,872,106			109,529
	Equity securities			91,858			91,858			74,279			17,573			6
	Short-term investments			206,758			206,758			206,354			404			-
	Other investments			5,000			5,000			-			5,000			-
	Totals			6,313,189			6,313,189			308,571			5,895,083			109,535
	Separate Account (variable annuity) assets (1)			1,747,995			1,747,995			1,747,995			-			-
	Financial Liabilities
	Other policyholder funds, embedded derivatives			-			-			-			-			-

		-1	Separate Account (variable annuity) liabilities are set equal to Separate Account (variable annuity) assets.

Table for reconciliations for all Level 3 assets measured at fair value on a recurring basis	'
	The Company transferred one equity security from Level 2 to Level 1 during the nine months ended September 30, 2014. The following tables present reconciliations for the periods indicated for all Level 3 assets and liabilities measured at fair value on a recurring basis.

			Financial Assets																	Financial
			Financial Assets																	Liabilities(1)
			Municipal			Corporate			Other			Total			Equity			Total
			Bonds			Bonds			Mortgage-			Fixed			Securities
									Backed			Maturities
									Securities

	Beginning balance July 1, 2014		$	13,054		$	73,926		$	52,522		$	139,502		$	6		$	139,508	$	6,915
	Transfers into Level 3 (2)			-			-			35,000			35,000			-			35,000		-
	Transfers out of Level 3 (2)			-			-3,510			-			-3,510			-			-3,510		-
	Total gains or losses
	Net realized gains (losses) included in net income			-			-			-			-			-			-		70
	Net unrealized gains (losses) included in other comprehensive income			212			-180			-137			-105			-			-105		-
	Purchases			-			-			-			-			-			-		-
	Issuances			-			-			-			-			-			-		6,179
	Sales			-			-			-			-			-			-		-
	Settlements			-			-			-			-			-			-		-
	Paydowns, maturities and distributions			-123			-4,580			-143			-4,846			-			-4,846		-82
	Ending balance, September 30, 2014		$	13,143		$	65,656		$	87,242		$	166,041		$	6		$	166,047	$	13,082

	Beginning balance, January 1, 2014		$	2,694		$	60,826		$	46,009		$	109,529		$	6		$	109,535	$	-
	Transfers into Level 3 (2)			10,056			12,452			42,109			64,617			-			64,617		-
	Transfers out of Level 3 (2)			-			-3,510			-519			-4,029			-			-4,029		-
	Total gains or losses
	Net realized gains (losses) included in net income			-			-			-26			-26			-			-26		139
	Net unrealized gains (losses) included in other comprehensive income			646			2,380			155			3,181			-			3,181		-
	Purchases			-			-			-			-			-			-		-
	Issuances			-			-			-			-			-			-		13,035
	Sales			-			-			-			-			-			-		-
	Settlements			-			-			-			-			-			-		-
	Paydowns, maturities and distributions			-253			-6,492			-486			-7,231			-			-7,231		-92
	Ending balance, September 30, 2014		$	13,143		$	65,656		$	87,242		$	166,041		$	6		$	166,047	$	13,082

		-1	Represents embedded derivatives, all related to the Company’s FIA products, reported in Other Policyholder Funds in the Company’s Consolidated Balance Sheets.
		-1
		-2	Transfers into and out of Level 3 during the three and nine months ended September 30, 2014 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.

			Financial Assets
			Municipal			Corporate			Other			Total			Equity			Total
			Bonds			Bonds			Mortgage-			Fixed			Securities
									Backed			Maturities
									Securities

	Beginning balance July 1, 2013		$	3,764		$	56,590		$	49,343		$	109,697		$	6		$	109,703
	Transfers into Level 3 (1)			5,546			9,315			23,828			38,689			-			38,689
	Transfers out of Level 3 (1)			-800			-			-1,881			-2,681			-			-2,681
	Total gains or losses
	Net realized gains (losses) included in net income			-			-			-			-			-			-
	Net unrealized gains (losses) included in other comprehensive income			-123			104			-20			-39			-			-39
	Purchases			-			-			-			-			-			-
	Issuances			-			-			-			-			-			-
	Sales			-			-			-			-			-			-
	Settlements			-			-			-			-			-			-
	Paydowns, maturities and distributions			-72			-1,718			-8,260			-10,050			-			-10,050
	Ending balance, September 30, 2013		$	8,315		$	64,291		$	63,010		$	135,616		$	6		$	135,622

	Beginning balance, January 1, 2013		$	12,275		$	85,722		$	33,172		$	131,169		$	340		$	131,509
	Transfers into Level 3 (1)			9,453			32,754			67,827			110,034			-			110,034
	Transfers out of Level 3 (1)			-800			-50,341			-20,284			-71,425			-			-71,425
	Total gains or losses
	Net realized gains (losses) included in net income			-			-			-			-			-			-
Net unrealized gains (losses) included in other comprehensive income			-474			-1,605			-438			-2,517			-			-2,517
Purchases			-			-			-			-			-			-
Issuances			-			-			-			-			-			-
Sales			-			-			-			-			-334			-334
Settlements			-			-			-			-			-			-
Paydowns, maturities and distributions			-12,139			-2,239			-17,267			-31,645			-			-31,645
Ending balance, September 30, 2013		$	8,315		$	64,291		$	63,010		$	135,616		$	6		$	135,622


	-1	Transfers into and out of Level 3 during the three and nine months ended September 30, 2013 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Company’s policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.

Carrying value, fair value and fair value hierarchy of financial assets and financial liabilities	'
	The following table presents the carrying value, fair value and fair value hierarchy of these financial assets and financial liabilities.

									Fair Value Measurements at
			Carrying			Fair			Reporting Date Using
			Amount			Value			Level 1			Level 2			Level 3
	30-Sep-14
	Financial Assets
	Investments
	Other investments		$	143,751		$	148,081		$	-		$	-		$	148,081
	Financial Liabilities
	Fixed annuity contract liabilities			3,717,277			3,491,512			-			-			3,491,512
	Policyholder account balances on interest-sensitive life contracts			77,639			78,706			-			-			78,706
	Other policyholder funds			588,479			588,479			-			500,055			88,424
	Short-term debt			38,000			38,000			-			38,000			-
	Long-term debt			199,923			212,432			212,432			-			-
	Other liabilities, repurchase agreement obligations			-			-			-			-			-

	31-Dec-13
	Financial Assets
	Investments
	Other investments		$	140,685		$	144,921		$	-		$	-		$	144,921
	Financial Liabilities
	Fixed annuity contract liabilities			3,515,865			3,302,333			-			-			3,302,333
	Policyholder account balances on interest-sensitive life contracts			78,598			79,678			-			-			79,678
	Other policyholder funds			346,292			346,292			-			250,000			96,292
	Short-term debt			38,000			38,000			-			38,000			-
	Long-term debt			199,874			218,565			218,565			-			-
	Other liabilities, repurchase agreement obligations			25,864			25,864			-			25,864			-

Debt_Tables

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Summary of Indebtedness outstanding	'
	Indebtedness outstanding was as follows:

			September 30,		December 31,
			2014		2013
	Short-term debt:
	Bank Credit Facility, expires July 30, 2019		$	38,000	$	38,000
	Long-term debt, current and noncurrent (1):
	6.05% Senior Notes, due June 15, 2015. Aggregate principal amount of $75,000 less unaccrued discount of $18 and $38 (6.1% imputed rate)			74,982		74,962
	6.85% Senior Notes, due April 15, 2016. Aggregate principal amount of $125,000 less unaccrued discount of $59 and $88 (6.9% imputed rate)			124,941		124,912
	Total		$	237,923	$	237,874

		-1	The Company designates debt obligations as “long-term” based on maturity date at issuance.

Reinsurance_Tables

Reinsurance (Tables)	9 Months Ended
Reinsurance (Tables)	Sep. 30, 2014
Insurance [Abstract]	'
Effects of reinsurance on premiums and benefits	'
	The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:

				Ceded to		Assumed
		Gross		Other		from Other		Net
		Amount		Companies		Companies		Amount

	Three months ended September 30, 2014
	Premiums written and contract deposits	$	328,525	$	6,668	$	889	$	322,746
	Premiums and contract charges earned		184,770		6,677		937		179,030
	Benefits, claims and settlement expenses		122,883		6,451		1,011		117,443

	Three months ended September 30, 2013
	Premiums written and contract deposits	$	312,351	$	7,162	$	844	$	306,033
	Premiums and contract charges earned		179,969		7,094		886		173,761
	Benefits, claims and settlement expenses		114,261		2,602		1,042		112,701

	Nine months ended September 30, 2014
	Premiums written and contract deposits	$	893,125	$	20,011	$	2,300	$	875,414
	Premiums and contract charges earned		551,672		20,463		2,362		533,571
	Benefits, claims and settlement expenses		366,923		12,580		2,246		356,589

	Nine months ended September 30, 2013
	Premiums written and contract deposits	$	838,615	$	22,074	$	2,273	$	818,814
	Premiums and contract charges earned		534,621		22,455		2,314		514,480
	Benefits, claims and settlement expenses		351,274		7,251		2,142		346,165

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2014
Segment Reporting [Abstract]	'
Summarized financial information for these segments	'
	Summarized financial information for these segments is as follows:

			Three Months Ended					Nine Months Ended
			September 30,					September 30,
			2014			2013		2014		2013
	Insurance premiums and contract charges earned
	Property and casualty		$	145,520		$	140,812	$	434,070	$	418,205
	Annuity			6,654			5,895		19,031		16,714
	Life			26,856			27,054		80,470		79,561
	Total		$	179,030		$	173,761	$	533,571	$	514,480

	Net investment income
	Property and casualty		$	8,877		$	8,824	$	27,617	$	26,894
	Annuity			56,026			52,175		166,221		154,818
	Life			17,915			17,703		53,891		52,232
	Corporate and other			3			2		7		6
	Intersegment eliminations			-230			-238		-696		-720
	Total		$	82,591		$	78,466	$	247,040	$	233,230

	Net income (loss)
	Property and casualty		$	11,769		$	11,037	$	30,691	$	25,363
	Annuity			10,264			11,605		34,076		31,896
	Life			3,916			5,884		12,813		15,752
	Corporate and other			-592			-4,927		-3,405		3,595
	Total		$	25,357		$	23,599	$	74,175	$	76,606

		September 30,			December 31,
		2014			2013
	Assets
	Property and casualty	$	1,079,649		$	1,001,561
	Annuity		6,496,985			5,963,348
	Life		1,941,982			1,743,084
	Corporate and other		156,124			154,557
	Intersegment eliminations		-31,776			-35,878
	Total	$	9,642,964		$	8,826,672

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Beginning balance	$269,779	[1]	$181,536	[1]	$122,214	[1]	$367,089	[1]
Other comprehensive income (loss) before reclassifications	-9,265	[1]	-37,211	[1]	141,641	[1]	-208,283	[1]
Amounts reclassified from accumulated other comprehensive income (loss)	-2,283	[1]	915	[1]	-5,624	[1]	-13,566	[1]
Net current-period other comprehensive income (loss)	-11,548	[1]	-36,296	[1]	136,017	[1]	-221,849	[1]
Ending balance	258,231	[1]	145,240	[1]	258,231	[1]	145,240	[1]
Unrealized Gains and Losses on Fixed Maturities and Equity Securities	'		'		'		'
Beginning balance	281,555	[1],[2]	196,847	[1],[3]	133,990	[1],[2]	382,400	[1],[3]
Other comprehensive income (loss) before reclassifications	-9,265	[1],[2]	-37,211	[1],[3]	141,641	[1],[2]	-208,283	[1],[3]
Amounts reclassified from accumulated other comprehensive income (loss)	-2,283	[1],[2]	915	[1],[3]	-5,624	[1],[2]	-13,566	[1],[3]
Net current-period other comprehensive income (loss)	-11,548	[1],[2]	-36,296	[1],[3]	136,017	[1],[2]	-221,849	[1],[3]
Ending balance	270,007	[1],[2]	160,551	[1],[3]	270,007	[1],[2]	160,551	[1],[3]
Defined Benefit Plans	'		'		'		'
Beginning balance	-11,776	[1]	-15,311	[1]	-11,776	[1]	-15,311	[1]
Other comprehensive income (loss) before reclassifications	0	[1]	0	[1]	0	[1]	0	[1]
Amounts reclassified from accumulated other comprehensive income (loss)	0	[1]	0	[1]	0	[1]	0	[1]
Net current-period other comprehensive income (loss)	0	[1]	0	[1]	0	[1]	0	[1]
Ending balance	($11,776)	[1]	($15,311)	[1]	($11,776)	[1]	($15,311)	[1]

[1]	All amounts are net of tax.
[2]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.
[3]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

Basis_of_Presentation_Details_

Basis of Presentation (Details Textual) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax	$3,512	($1,407)	$8,652	$20,872
Other Tax Expense (Benefit)	$1,229	($492)	$3,028	$7,306

Investments_Details

Investments (Details) (USD $)	9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	$6,323,042		$5,784,205
Amortized Cost/Cost, Equity securities	97,757		84,754
Unrealized Gains	503,520		344,286
Unrealized Losses	33,093		118,918
Fair Value	6,793,469		6,009,573
Fair Value, Equity securities	106,837		91,858
OTTI in AOCI	2,880	[1]	2,812	[1]
Mortgage-backed securities [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	494,650	[2]	555,574	[2]
Unrealized Gains	44,197	[2]	33,711	[2]
Unrealized Losses	4,334	[2]	19,560	[2]
Fair Value	534,513	[2]	569,725	[2]
OTTI in AOCI	0	[1],[2]	0	[1],[2]
Other, including U.S. Treasury Securities [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	490,611	[2]	449,060	[2]
Unrealized Gains	20,583	[2]	9,865	[2]
Unrealized Losses	7,482	[2]	23,351	[2]
Fair Value	503,712	[2]	435,574	[2]
OTTI in AOCI	0	[1],[2]	0	[1],[2]
Municipal bonds [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	1,460,938		1,425,441
Unrealized Gains	162,032		80,701
Unrealized Losses	5,865		34,615
Fair Value	1,617,105		1,471,527
OTTI in AOCI	0	[1]	0	[1]
Foreign government bonds [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	52,571		50,641
Unrealized Gains	6,268		4,700
Unrealized Losses	60		390
Fair Value	58,779		54,951
OTTI in AOCI	0	[1]	0	[1]
Corporate bonds [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	2,624,428		2,457,727
Unrealized Gains	240,948		188,832
Unrealized Losses	9,608		32,150
Fair Value	2,855,768		2,614,409
OTTI in AOCI	0	[1]	0	[1]
Other mortgage-backed securities [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost	1,199,844		845,762
Unrealized Gains	29,492		26,477
Unrealized Losses	5,744		8,852
Fair Value	1,223,592		863,387
OTTI in AOCI	2,880	[1]	2,812	[1]
Equity securities [Member]	'		'
Unrealized gains and losses on fixed maturities and equity securities	'		'
Amortized Cost/Cost, Equity securities	97,757		84,754
Unrealized Gains	11,882		10,723
Unrealized Losses	2,802		3,619
Fair Value, Equity securities	106,837		91,858
OTTI in AOCI	$0	[1]	$0	[1]

[1]	Related to securities for which an unrealized loss was bifurcated to distinguish the credit related portion and the portion driven by other market factors. Represents the amount of other-than-temporary impairment losses in AOCI which was not included in earnings; amounts also include unrealized gains/(losses) on such impaired securities relating to changes in the fair value of those securities subsequent to the impairment measurement date.
[2]	Fair value includes securities issued by Federal National Mortgage Association (bFNMAb) of $319,596 and $336,193; Federal Home Loan Mortgage Corporation (bFHLMCb) of $419,913 and $427,172; and Government National Mortgage Association (bGNMAb) of $136,379 and $126,245 as of September 30, 2014 and December 31, 2013, respectively.

Investments_Details_1

Investments (Details 1) (USD $)	9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
	Number		Number
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	$776,944		$1,672,852
Fixed maturity securities, Fair Value, More than 12 Months	510,314		83,093
Fixed maturity securities, Fair Value, Total	1,287,258		1,755,945
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	8,258		108,594
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	27,637		13,943
Fixed maturity securities, Gross Unrealized Losses, Total	35,895		122,537
Number of positions with a gross unrealized loss position, 12 Months or Less	291		534
Number of position with a gross unrealized loss position, more than 12 months	149		46
Number of position with a gross unrealized loss position, Total	440		580
Fair value as a percentage of total fixed maturities and equity securities fair value, 12 Months or Less	11.30%		27.40%
Fair value as a percentage of total fixed maturities and equity securities fair value, more than 12 months	7.40%		1.40%
Fair value as a percentage of total fixed maturities and equity securities fair value, Total	18.70%		28.80%
Mortgage-backed securities [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	5,215		150,602
Fixed maturity securities, Fair Value, More than 12 Months	60,111		1,383
Fixed maturity securities, Fair Value, Total	65,326		151,985
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	121		19,145
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	4,213		415
Fixed maturity securities, Gross Unrealized Losses, Total	4,334		19,560
Other [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	39,248		249,765
Fixed maturity securities, Fair Value, More than 12 Months	127,454		4,450
Fixed maturity securities, Fair Value, Total	166,702		254,215
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	195		22,479
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	7,287		872
Fixed maturity securities, Gross Unrealized Losses, Total	7,482		23,351
Municipal bonds [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	50,593		375,523
Fixed maturity securities, Fair Value, More than 12 Months	75,448		42,899
Fixed maturity securities, Fair Value, Total	126,041		418,422
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	223		26,529
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	5,642		8,086
Fixed maturity securities, Gross Unrealized Losses, Total	5,865		34,615
Foreign government bonds [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	3,940		6,738
Fixed maturity securities, Fair Value, More than 12 Months	0		0
Fixed maturity securities, Fair Value, Total	3,940		6,738
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	60		390
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	0		0
Fixed maturity securities, Gross Unrealized Losses, Total	60		390
Corporate bonds [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	232,074		582,849
Fixed maturity securities, Fair Value, More than 12 Months	120,928		12,948
Fixed maturity securities, Fair Value, Total	353,002		595,797
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	3,571		28,634
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	6,037		3,516
Fixed maturity securities, Gross Unrealized Losses, Total	9,608		32,150
Other mortgage-backed securities [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	431,870		274,983
Fixed maturity securities, Fair Value, More than 12 Months	99,814		20,008
Fixed maturity securities, Fair Value, Total	531,684		294,991
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	2,809		8,300
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	2,935		552
Fixed maturity securities, Gross Unrealized Losses, Total	5,744		8,852
Total fixed maturity securities [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	762,940		1,640,460
Fixed maturity securities, Fair Value, More than 12 Months	483,755		81,688
Fixed maturity securities, Fair Value, Total	1,246,695		1,722,148
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	6,979		105,477
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	26,114		13,441
Fixed maturity securities, Gross Unrealized Losses, Total	33,093		118,918
Equity securities [Member]	'		'
Fixed maturity securities, Fair Value	'		'
Fixed maturity securities, Fair Value, 12 Months or Less	14,004	[1]	32,392	[1]
Fixed maturity securities, Fair Value, More than 12 Months	26,559	[1]	1,405	[1]
Fixed maturity securities, Fair Value, Total	40,563	[1]	33,797	[1]
Fixed maturity securities, Gross Unrealized Losses	'		'
Fixed maturity securities, Gross Unrealized Losses, 12 Months or Less	1,279	[1]	3,117	[1]
Fixed maturity securities, Gross Unrealized Losses, More than 12 Months	1,523	[1]	502	[1]
Fixed maturity securities, Gross Unrealized Losses, Total	$2,802	[1]	$3,619	[1]

[1]	Includes nonredeemable (perpetual) preferred stocks, common stocks and closed-end funds.

Investments_Details_2

Investments (Details 2) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013
Cumulative credit loss	'		'
Beginning of period	$4,097	[1]	$2,877	[1]
New credit losses	280	[1]	860	[1]
Losses related to securities sold or paid down during the period	0	[1]	0	[1]
End of period	$4,377	[1]	$3,737	[1]

[1]	The cumulative credit loss amounts exclude other-than-temporary impairment losses on securities held as of the periods indicated that the Company intended to sell or it was more likely than not that the Company would be required to sell the security before the recovery of the amortized cost basis.

Investments_Details_3

Investments (Details 3) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Estimated expected maturity:	'	'
Due in 1 year or less, Amortized Cost	$268,346	'
Due in 1 year or less, Fair Value	288,311	'
Due in 1 year or less, Percent of Total Fair Value	4.20%	4.10%
Due after 1 year through 5 years, Amortized Cost	1,513,450	'
Due after 1 year through 5 years, Fair Value	1,626,049	'
Due after 1 year through 5 years, Percent of Total Fair Value	23.90%	20.90%
Due after 5 years through 10 years, Amortized Cost	2,530,472	'
Due after 5 years through 10 years, Fair Value	2,718,736	'
Due after 5 years through 10 years, Percent of Total Fair Value	40.10%	38.40%
Due after 10 years through 20 years, Amortized Cost	1,201,781	'
Due after 10 years through 20 years, Fair Value	1,291,192	'
Due after 10 years through 20 years, Percent of Total Fair Value	19.00%	20.80%
Due after 20 years, Amortized Cost	808,993	'
Due after 20 years, Fair Value	869,181	'
Due after 20 years, Percent of Total Fair Value	12.80%	15.80%
Total, Amortized Cost	6,323,042	5,784,205
Fair Value	$6,793,469	$6,009,573
Total, Percent of Total Fair Value	100.00%	100.00%
Average option-adjusted duration, in years	'5 years 10 months 24 days	'6 years 3 months 18 days

Investments_Details_4

Investments (Details 4) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Proceeds received from sales of fixed maturities and equity securities	'	'	'	'
Proceeds received, Fixed maturity securities	$98,942	$56,343	$198,191	$270,329
Proceeds received, Equity securities	3,489	3,742	11,980	14,875
Fixed Maturity Securities [Member]	'	'	'	'
Proceeds received from sales of fixed maturities and equity securities	'	'	'	'
Gross gains realized	5,871	1,807	9,998	16,197
Gross losses realized	-4,421	-4,117	-5,399	-4,598
Equity Securities [Member]	'	'	'	'
Proceeds received from sales of fixed maturities and equity securities	'	'	'	'
Gross gains realized	722	531	2,196	3,875
Gross losses realized	($86)	($103)	($267)	($490)

Investments_Details_5

Investments (Details 5) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Net unrealized investment gains (losses) on fixed maturity securities, net of tax	'		'		'		'
Reclassification of net realized investment (gains) losses to net income	$2,283	[1],[2]	($915)	[1],[3]	$5,624	[1],[2]	$13,566	[1],[3]
Fixed Maturity Securities [Member]	'		'		'		'
Net unrealized investment gains (losses) on fixed maturity securities, net of tax	'		'		'		'
Beginning of period	317,791		220,668		146,489		423,004
Change in unrealized investment gains and losses	-10,189		-41,288		163,613		-231,116
Reclassification of net realized investment (gains) losses to net income	-1,824		1,193		-4,324		-11,315
End of period	305,778		180,573		305,778		180,573
Equity securities [Member]	'		'		'		'
Net unrealized investment gains (losses) on fixed maturity securities, net of tax	'		'		'		'
Beginning of period	7,955		3,266		4,618		720
Change in unrealized investment gains and losses	-1,594		-679		2,584		3,840
Reclassification of net realized investment (gains) losses to net income	-459		-278		-1,300		-2,251
End of period	$5,902		$2,309		$5,902		$2,309

[1]	All amounts are net of tax.
[2]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.
[3]	The pretax amounts reclassified from accumulated other comprehensive income (loss), $(1,407) and $20,872, are included in net realized investment gains and losses and the related tax expenses (benefits), $(492) and $7,306, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2013, respectively.

Investments_Details_6

Investments (Details 6) (Free-standing derivatives, USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified	Sep. 30, 2014
Free-standing derivatives	'
Asset derivatives:	'
Derivatives Asset, Gross Amounts	$1,276
Derivatives Asset, Gross Amounts Offset in the Consolidated Balance Sheet	0
Derivatives Asset, Net Amounts of Assets Presented in the Consolidated Balance Sheet	1,276
Derivatives Asset, Gross Amounts Not Offset in the Consolidated Balance Sheet, Financial Instruments	0
Derivatives Asset, Gross Amounts Not Offset in the Consolidated Balance Sheet, Cash Collateral Received	1,145
Derivatives Asset, Net Amount	$131

Investments_Details_Textual

Investments (Details Textual) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Investments (Textual) [Abstract]	'	'
Fair value of issued securities	$6,793,469	$6,009,573
Investments (Additional Textual) [Abstract]	'	'
Cash received in an amount equal to fair value of securities transferred	95.00%	'
Fair value of securities transferred	0	24,791
Obligation for securities sold under agreement to repurchase, including accrued interest	0	25,864
Federal Home Loan Bank Funding Requirements	500,000	250,000
Investment Grade Rate	87.00%	'
Federal Home Loan Bank [Member] \| Fixed Maturities [Member]	'	'
Investments (Additional Textual) [Abstract]	'	'
Securities Deposited Fair Value	18,338	17,967
Securities Deposited As Collateral	551,451	274,437
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]	'	'
Investments (Textual) [Abstract]	'	'
Fair value of issued securities	319,596	336,193
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]	'	'
Investments (Textual) [Abstract]	'	'
Fair value of issued securities	419,913	427,172
Government National Mortgage Association Certificates and Obligations (GNMA) [Member]	'	'
Investments (Textual) [Abstract]	'	'
Fair value of issued securities	$136,379	$126,245

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Details) (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	$7,073,799		$6,313,189
Fair Value	7,073,799		6,313,189
Investments, Carrying Amount	7,306,471		6,539,473
Investments, Fair Value	148,081		144,921
Separate Account (variable annuity) assets	1,786,363	[1]	1,747,995	[1]
Separate Account (variable annuity) assets, Fair Value	1,786,363	[1]	1,747,995	[1]
Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	6,793,469		6,009,573
Fair Value	6,793,469		6,009,573
Short-term investments [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Carrying Amount	162,217		206,758
Investments, Fair Value	162,217		206,758
Mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	534,513		569,725
Fair Value	534,513		569,725
Other, including U.S. Treasury Securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	503,712		435,574
Fair Value	503,712		435,574
Municipal bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	1,617,105		1,471,527
Fair Value	1,617,105		1,471,527
Foreign government bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	58,779		54,951
Fair Value	58,779		54,951
Corporate bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	2,855,768		2,614,409
Fair Value	2,855,768		2,614,409
Other mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	1,223,592		863,387
Fair Value	1,223,592		863,387
Equity securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Carrying Amount	106,837		91,858
Fair Value	106,837		91,858
Other Investment [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Carrying Amount	11,276		5,000
Investments, Fair Value	11,276		5,000
Other Policyholders Funds, embedded derivatives [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Financial Liabilities Other policyholders funds, embedded derivatives, Fair Value	13,082		0
Financial Liabilities Other policyholders funds, embedded derivatives, Carrying Value	13,082		0
Level 1 [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	278,995		308,571
Investments, Fair Value	0		0
Separate Account (variable annuity) assets, Fair Value	1,786,363	[1]	1,747,995	[1]
Level 1 [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	28,138		27,938
Level 1 [Member] \| Short-term investments [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	162,217		206,354
Level 1 [Member] \| Mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 1 [Member] \| Other, including U.S. Treasury Securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	17,697		17,757
Level 1 [Member] \| Municipal bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 1 [Member] \| Foreign government bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 1 [Member] \| Corporate bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	10,441		10,181
Level 1 [Member] \| Other mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 1 [Member] \| Equity securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	88,640		74,279
Level 1 [Member] \| Other Investment [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	0		0
Level 1 [Member] \| Other Policyholders Funds, embedded derivatives [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Financial Liabilities Other policyholders funds, embedded derivatives, Fair Value	0		0
Level 2 [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	6,628,757		5,895,083
Investments, Fair Value	0		0
Separate Account (variable annuity) assets, Fair Value	0	[1]	0	[1]
Level 2 [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	6,599,290		5,872,106
Level 2 [Member] \| Short-term investments [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	0		404
Level 2 [Member] \| Mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	534,513		569,725
Level 2 [Member] \| Other, including U.S. Treasury Securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	486,015		417,817
Level 2 [Member] \| Municipal bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	1,603,962		1,468,833
Level 2 [Member] \| Foreign government bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	58,779		54,951
Level 2 [Member] \| Corporate bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	2,779,670		2,543,402
Level 2 [Member] \| Other mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	1,136,351		817,378
Level 2 [Member] \| Equity securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	18,191		17,573
Level 2 [Member] \| Other Investment [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	11,276		5,000
Level 2 [Member] \| Other Policyholders Funds, embedded derivatives [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Financial Liabilities Other policyholders funds, embedded derivatives, Fair Value	0		0
Level 3 [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	166,047		109,535
Investments, Fair Value	148,081		144,921
Separate Account (variable annuity) assets, Fair Value	0	[1]	0	[1]
Level 3 [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	166,041		109,529
Level 3 [Member] \| Short-term investments [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	0		0
Level 3 [Member] \| Mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 3 [Member] \| Other, including U.S. Treasury Securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 3 [Member] \| Municipal bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	13,143		2,694
Level 3 [Member] \| Foreign government bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	0		0
Level 3 [Member] \| Corporate bonds [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	65,657		60,826
Level 3 [Member] \| Other mortgage-backed securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	87,241		46,009
Level 3 [Member] \| Equity securities [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Fair Value	6		6
Level 3 [Member] \| Other Investment [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Investments, Fair Value	0		0
Level 3 [Member] \| Other Policyholders Funds, embedded derivatives [Member] \| Recurring [Member]	'		'
U.S. Government and federally sponsored agency obligations:	'		'
Financial Liabilities Other policyholders funds, embedded derivatives, Fair Value	$13,082		$0

[1]	Separate Account (variable annuity) liabilities are set equal to Separate Account (variable annuity) assets.

Fair_Value_of_Financial_Instru3

Fair Value of Financial Instruments (Details 1) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Financial Assets	'		'		'		'
Beginning balance	$139,508		$109,703		$109,535		$131,509
Transfers into Level 3	35,000	[1]	38,689	[2]	64,617	[1]	110,034	[2]
Transfers out of Level 3	-3,510	[1]	-2,681	[2]	-4,029	[1]	-71,425	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		-26		0
Net unrealized gains (losses) included in other comprehensive income	-105		-39		3,181		-2,517
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		-334
Settlements	0		0		0		0
Paydowns, maturities and distributions	-4,846		-10,050		-7,231		-31,645
Ending balance	166,047		135,622		166,047		135,622
Financial Liabilities	'		'		'		'
Beginning balance	6,915	[3]	'		0	[3]	'
Transfers into Level 3	0	[1],[3]	'		0	[1],[3]	'
Transfers out of Level 3	0	[1],[3]	'		0	[1],[3]	'
Gain Or Losses Net [Abstract]	'		'		'		'
Net realized gains (losses) included in net income	70	[3]	'		139	[3]	'
Net unrealized gains (losses) included in other comprehensive income	0	[3]	'		0	[3]	'
Purchases	0	[3]	'		0	[3]	'
Issuances	6,179	[3]	'		13,035	[3]	'
Sales	0	[3]	'		0	[3]	'
Settlements	0	[3]	'		0	[3]	'
Paydowns, maturities and distributions	-82	[3]	'		-92	[3]	'
Ending balance	13,082	[3]	'		13,082	[3]	'
Municipal bonds [Member]	'		'		'		'
Financial Assets	'		'		'		'
Beginning balance	13,054		3,764		2,694		12,275
Transfers into Level 3	0	[1]	5,546	[2]	10,056	[1]	9,453	[2]
Transfers out of Level 3	0	[1]	-800	[2]	0	[1]	-800	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		0		0
Net unrealized gains (losses) included in other comprehensive income	212		-123		646		-474
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		0
Settlements	0		0		0		0
Paydowns, maturities and distributions	-123		-72		-253		-12,139
Ending balance	13,143		8,315		13,143		8,315
Corporate bonds [Member]	'		'		'		'
Financial Assets	'		'		'		'
Beginning balance	73,926		56,590		60,826		85,722
Transfers into Level 3	0	[1]	9,315	[2]	12,452	[1]	32,754	[2]
Transfers out of Level 3	-3,510	[1]	0	[2]	-3,510	[1]	-50,341	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		0		0
Net unrealized gains (losses) included in other comprehensive income	-180		104		2,380		-1,605
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		0
Settlements	0		0		0		0
Paydowns, maturities and distributions	-4,580		-1,718		-6,492		-2,239
Ending balance	65,656		64,291		65,656		64,291
Other mortgage-backed securities [Member]	'		'		'		'
Financial Assets	'		'		'		'
Beginning balance	52,522		49,343		46,009		33,172
Transfers into Level 3	35,000	[1]	23,828	[2]	42,109	[1]	67,827	[2]
Transfers out of Level 3	0	[1]	-1,881	[2]	-519	[1]	-20,284	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		-26		0
Net unrealized gains (losses) included in other comprehensive income	-137		-20		155		-438
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		0
Settlements	0		0		0		0
Paydowns, maturities and distributions	-143		-8,260		-486		-17,267
Ending balance	87,242		63,010		87,242		63,010
Total Fixed Maturities [Member]	'		'		'		'
Financial Assets	'		'		'		'
Beginning balance	139,502		109,697		109,529		131,169
Transfers into Level 3	35,000	[1]	38,689	[2]	64,617	[1]	110,034	[2]
Transfers out of Level 3	-3,510	[1]	-2,681	[2]	-4,029	[1]	-71,425	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		-26		0
Net unrealized gains (losses) included in other comprehensive income	-105		-39		3,181		-2,517
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		0
Settlements	0		0		0		0
Paydowns, maturities and distributions	-4,846		-10,050		-7,231		-31,645
Ending balance	166,041		135,616		166,041		135,616
Equity securities [Member]	'		'		'		'
Financial Assets	'		'		'		'
Beginning balance	6		6		6		340
Transfers into Level 3	0	[1]	0	[2]	0	[1]	0	[2]
Transfers out of Level 3	0	[1]	0	[2]	0	[1]	0	[2]
Total gains or losses	'		'		'		'
Net realized gains (losses) included in net income	0		0		0		0
Net unrealized gains (losses) included in other comprehensive income	0		0		0		0
Purchases	0		0		0		0
Issuances	0		0		0		0
Sales	0		0		0		-334
Settlements	0		0		0		0
Paydowns, maturities and distributions	0		0		0		0
Ending balance	$6		$6		$6		$6

[1]	Transfers into and out of Level 3 during the three and nine months ended September 30, 2014 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Companybs policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.
[2]	Transfers into and out of Level 3 during the three and nine months ended September 30, 2013 were attributable to changes in the availability of observable market information for individual fixed maturity securities. The Companybs policy is to recognize transfers into and transfers out of the levels as having occurred at the end of the reporting period in which the transfers were determined.
[3]	Represents embedded derivatives, all related to the Companybs FIA products, reported in Other Policyholder Funds in the Companybs Consolidated Balance Sheets.

Fair_Value_of_Financial_Instru4

Fair Value of Financial Instruments (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Investments	'	'
Other investments, Carrying Amount	$7,306,471	$6,539,473
Other investments, Fair Value	148,081	144,921
Financial Liabilities	'	'
Fixed annuity contract liabilities, Carrying Amount	3,717,277	3,515,865
Fixed annuity contract liabilities, Fair value	3,491,512	3,302,333
Policyholder account balances on interest-sensitive life contracts, Carrying Amount	77,639	78,598
Policyholder account balances on interest-sensitive life contracts, Fair value	78,706	79,678
Other policyholder funds, Carrying Amount	588,479	346,292
Other policyholder funds, Fair Value	588,479	346,292
Short-term debt, Carrying Amount	38,000	38,000
Short-term debt, Fair Value	38,000	38,000
Long-term debt, Carrying Amount	199,923	199,874
Long-term debt, Fair Value	212,432	218,565
Other liabilities, repurchase agreement obligations, Carrying Amount	0	25,864
Other liabilities, repurchase agreement obligations, Fair Value	0	25,864
Level 1 [Member]	'	'
Investments	'	'
Other investments, Fair Value	0	0
Financial Liabilities	'	'
Fixed annuity contract liabilities, Fair value	0	0
Policyholder account balances on interest-sensitive life contracts, Fair value	0	0
Other policyholder funds, Fair Value	0	0
Short-term debt, Fair Value	0	0
Long-term debt, Fair Value	212,432	218,565
Other liabilities, repurchase agreement obligations, Fair Value	0	0
Level 2 [Member]	'	'
Investments	'	'
Other investments, Fair Value	0	0
Financial Liabilities	'	'
Fixed annuity contract liabilities, Fair value	0	0
Policyholder account balances on interest-sensitive life contracts, Fair value	0	0
Other policyholder funds, Fair Value	500,055	250,000
Short-term debt, Fair Value	38,000	38,000
Long-term debt, Fair Value	0	0
Other liabilities, repurchase agreement obligations, Fair Value	0	25,864
Level 3 [Member]	'	'
Investments	'	'
Other investments, Fair Value	148,081	144,921
Financial Liabilities	'	'
Fixed annuity contract liabilities, Fair value	3,491,512	3,302,333
Policyholder account balances on interest-sensitive life contracts, Fair value	78,706	79,678
Other policyholder funds, Fair Value	88,424	96,292
Short-term debt, Fair Value	0	0
Long-term debt, Fair Value	0	0
Other liabilities, repurchase agreement obligations, Fair Value	$0	$0

Fair_Value_of_Financial_Instru5

Fair Value of Financial Instruments (Details Textual) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014
Fair Value of Financial Instruments (Textual) [Abstract]	'	'
Embedded Derivative, Gain (Loss) on Embedded Derivative Total	$70	$139

Debt_Details

Debt (Details) (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Short-term debt:	'		'
Bank Credit Facility, expires July 30, 2019	$38,000		$38,000
Long-term debt, current and noncurrent:	'		'
Long-term debt	199,923		199,874
Total	237,923	[1]	237,874	[1]
Senior Notes 2015 [Member] \| Senior Note 6.05 % [Member]	'		'
Long-term debt, current and noncurrent:	'		'
Long-term debt	74,982	[1]	74,962	[1]
Senior Notes 2016 [Member] \| Senior Note 6.85 % [Member]	'		'
Long-term debt, current and noncurrent:	'		'
Long-term debt	$124,941	[1]	$124,912	[1]

[1]	The Company designates debt obligations as blong-termb based on maturity date at issuance.

Debt_Details_Textual

Debt (Details Textual) (USD $)	9 Months Ended	12 Months Ended
Debt (Details Textual) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current Unsecured Bank Credit Facility [Member]	'	'
Debt (Textual) [Abstract]	'	'
Unsecured borrowings	$150,000	'
Interest rate variable spread percentage	1.15%	'
Variable commitment fee unused portion	0.15%	'
Line of Credit Facility, Expiration Date	6-Oct-15	'
Line of Credit Facility, Interest Rate at Period End	1.30%	'
Previous Unsecured Bank Credit Facility [Member]	'	'
Debt (Textual) [Abstract]	'	'
Line of Credit Facility, Expiration Date	19-Dec-11	'
Senior Notes 2015 [Member]	'	'
Debt (Textual) [Abstract]	'	'
Senior Notes	6.05%	'
Senior Notes 2015 [Member] \| Senior Note 6.05 % [Member]	'	'
Debt (Textual) [Abstract]	'	'
Unaccrued discount	18	38
Aggregate principal amount	75,000	75,000
Maturity date of Senior note	15-Jun-15	15-Jun-15
Imputed rate	6.10%	6.10%
Senior Notes 2016 [Member]	'	'
Debt (Textual) [Abstract]	'	'
Senior Notes	6.85%	'
Senior Notes 2016 [Member] \| Senior Note 6.85 % [Member]	'	'
Debt (Textual) [Abstract]	'	'
Unaccrued discount	59	88
Aggregate principal amount	$125,000	$125,000
Maturity date of Senior note	15-Apr-16	15-Apr-16
Imputed rate	6.90%	6.90%
HMEC's Bank Credit Facility [Member] \| Current Unsecured Bank Credit Facility [Member]	'	'
Debt (Textual) [Abstract]	'	'
Line of Credit Facility, Expiration Date	30-Jul-19	'

Reinsurance_Details

Reinsurance (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Effects of reinsurance on premiums and benefits	'	'	'	'
Premiums written and contract deposits, Gross Amount	$328,525	$312,351	$893,125	$838,615
Premiums written and contract deposits, Ceded to Other Companies	6,668	7,162	20,011	22,074
Premiums written and contract deposits, Assumed from Other Companies	889	844	2,300	2,273
Premiums written and contract deposits, Net Amount	322,746	306,033	875,414	818,814
Premiums and contract charges earned, Gross Amount	184,770	179,969	551,672	534,621
Premiums and contract charges earned, Ceded to Other Companies	6,677	7,094	20,463	22,455
Premiums and contract charges earned, Assumed from Other Companies	937	886	2,362	2,314
Premiums and contract charges earned, Net Amount	179,030	173,761	533,571	514,480
Benefits, claims and settlement expenses, Gross Amount	122,883	114,261	366,923	351,274
Benefits, claims and settlement expenses, Ceded to Other Companies	6,451	2,602	12,580	7,251
Benefits, claims and settlement expenses, Assumed from Other Companies	1,011	1,042	2,246	2,142
Benefits, claims and settlement expenses, Net Amount	$117,443	$112,701	$356,589	$346,165

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Summarized financial information for these segments	'	'	'	'	'
Insurance premiums and contract charges earned	$179,030	$173,761	$533,571	$514,480	'
Net investment income	82,591	78,466	247,040	233,230	'
Net income (loss)	25,357	23,599	74,175	76,606	'
Assets	9,642,964	'	9,642,964	'	8,826,672
Property and casualty [Member]	'	'	'	'	'
Summarized financial information for these segments	'	'	'	'	'
Insurance premiums and contract charges earned	145,520	140,812	434,070	418,205	'
Net investment income	8,877	8,824	27,617	26,894	'
Net income (loss)	11,769	11,037	30,691	25,363	'
Assets	1,079,649	'	1,079,649	'	1,001,561
Annuity [Member]	'	'	'	'	'
Summarized financial information for these segments	'	'	'	'	'
Insurance premiums and contract charges earned	6,654	5,895	19,031	16,714	'
Net investment income	56,026	52,175	166,221	154,818	'
Net income (loss)	10,264	11,605	34,076	31,896	'
Assets	6,496,985	'	6,496,985	'	5,963,348
Life [Member]	'	'	'	'	'
Summarized financial information for these segments	'	'	'	'	'
Insurance premiums and contract charges earned	26,856	27,054	80,470	79,561	'
Net investment income	17,915	17,703	53,891	52,232	'
Net income (loss)	3,916	5,884	12,813	15,752	'
Assets	1,941,982	'	1,941,982	'	1,743,084
Corporate and other [Member]	'	'	'	'	'
Summarized financial information for these segments	'	'	'	'	'
Net investment income	3	2	7	6	'
Net income (loss)	-592	-4,927	-3,405	3,595	'
Assets	156,124	'	156,124	'	154,557
Intersegment eliminations [Member]	'	'	'	'	'
Summarized financial information for these segments	'	'	'	'	'
Net investment income	-230	-238	-696	-720	'
Assets	($31,776)	'	($31,776)	'	($35,878)

Segment_Information_Details_Te

Segment Information (Details Textual)	9 Months Ended
	Sep. 30, 2014
	Number
Segment Information (Textual) [Abstract]	'
Business segments	4
Number of Operating Segments	3