Fair Value of Financial Instruments - Rollforward of Instruments Measured on Recurring Basis (Details) - Level 3 - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Financial Assets | ||||
Beginning balance | $ 523.0 | $ 509.9 | $ 533.0 | $ 518.5 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | (4.4) |
Total gains or losses | ||||
Net investment gains (losses) included in net income | (0.9) | 0.2 | 4.9 | 0.3 |
Net unrealized gains (losses) included in OCI | 2.8 | (1.2) | 3.0 | (0.1) |
Purchases | 8.9 | 29.4 | 22.3 | 43.5 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | (4.7) | 0.0 | (27.1) | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (10.1) | (11.7) | (17.1) | (31.2) |
Ending balance | 519.0 | 526.6 | 519.0 | 526.6 |
Financial Liabilities | ||||
Beginning balance | 74.3 | 80.8 | 75.5 | 82.4 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Total gains or losses | ||||
Net investment (gains) losses included in net income related to financial liabilities | 3.7 | (0.3) | 5.6 | 1.0 |
Net unrealized gains (losses) included in OCI | (0.4) | 0.1 | (0.2) | 0.0 |
Purchases | 0.0 | 0.0 | 0.0 | 0.0 |
Issuances | 0.7 | 1.4 | 2.1 | 2.8 |
Sales | 0.0 | 0.0 | 0.0 | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (4.3) | (4.1) | (9.0) | (8.3) |
Ending balance | $ 74.0 | $ 77.9 | $ 74.0 | $ 77.9 |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Net investment gains (losses) | Net investment gains (losses) | Net investment gains (losses) | Net investment gains (losses) |
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Liability, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | Other Comprehensive Income (Loss), Available-for-Sale Securities Adjustment, Net of Tax, Portion Attributable to Parent |
Municipal bonds | ||||
Financial Assets | ||||
Beginning balance | $ 76.1 | $ 73.2 | $ 74.9 | $ 74.0 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Total gains or losses | ||||
Net investment gains (losses) included in net income | 0.0 | 0.0 | 0.0 | 0.0 |
Net unrealized gains (losses) included in OCI | 0.1 | (0.7) | 1.5 | (1.4) |
Purchases | 0.0 | 0.0 | 0.0 | 0.0 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | 0.0 | 0.0 | 0.0 | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (0.3) | (0.4) | (0.5) | (0.5) |
Ending balance | 75.9 | 72.1 | 75.9 | 72.1 |
Corporate bonds | ||||
Financial Assets | ||||
Beginning balance | 340.9 | 345.5 | 351.3 | 342.5 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | (4.4) |
Total gains or losses | ||||
Net investment gains (losses) included in net income | 0.0 | (0.8) | 0.0 | (0.8) |
Net unrealized gains (losses) included in OCI | 2.4 | 0.4 | 1.8 | (0.2) |
Purchases | 8.9 | 27.6 | 22.3 | 41.7 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | (3.0) | 0.0 | (25.3) | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (7.3) | (6.3) | (8.1) | (12.4) |
Ending balance | 342.0 | 366.4 | 342.0 | 366.4 |
Mortgage Backed and Other Asset- Backed Securities | ||||
Financial Assets | ||||
Beginning balance | 67.1 | 88.7 | 73.7 | 97.5 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Total gains or losses | ||||
Net investment gains (losses) included in net income | 0.0 | 0.8 | 0.0 | 0.8 |
Net unrealized gains (losses) included in OCI | 0.3 | (0.9) | (0.2) | 1.5 |
Purchases | 0.0 | 1.8 | 0.0 | 1.8 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | (1.7) | 0.0 | (1.8) | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (2.5) | (5.0) | (8.5) | (16.2) |
Ending balance | 63.2 | 85.4 | 63.2 | 85.4 |
Total Fixed Maturity Securities | ||||
Financial Assets | ||||
Beginning balance | 484.1 | 507.4 | 499.9 | 514.0 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | (4.4) |
Total gains or losses | ||||
Net investment gains (losses) included in net income | 0.0 | 0.0 | 0.0 | 0.0 |
Net unrealized gains (losses) included in OCI | 2.8 | (1.2) | 3.0 | (0.1) |
Purchases | 8.9 | 29.4 | 22.3 | 43.5 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | (4.7) | 0.0 | (27.1) | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | (10.1) | (11.7) | (17.1) | (29.1) |
Ending balance | 481.0 | 523.9 | 481.0 | 523.9 |
Equity Securities & Limited Partnership Interests | ||||
Financial Assets | ||||
Beginning balance | 38.9 | 2.5 | 33.1 | 4.5 |
Transfers into Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Transfers out of Level 3 | 0.0 | 0.0 | 0.0 | 0.0 |
Total gains or losses | ||||
Net investment gains (losses) included in net income | (0.9) | 0.2 | 4.9 | 0.3 |
Net unrealized gains (losses) included in OCI | 0.0 | 0.0 | 0.0 | 0.0 |
Purchases | 0.0 | 0.0 | 0.0 | 0.0 |
Issuances | 0.0 | 0.0 | 0.0 | 0.0 |
Sales | 0.0 | 0.0 | 0.0 | 0.0 |
Settlements | 0.0 | 0.0 | 0.0 | 0.0 |
Paydowns, maturities and distributions | 0.0 | 0.0 | 0.0 | (2.1) |
Ending balance | $ 38.0 | $ 2.7 | $ 38.0 | $ 2.7 |