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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Investments    
Held-to-maturity, at amortized cost (fair value $3,927 in 2012 and $4,161 in 2011) $ 3,864 $ 4,143
Available-for-sale, at fair value (amortized cost $2,657,938 in 2012 and $2,562,786 in 2011) 2,800,624 2,697,248
Equity securities, at fair value (amortized cost $68,663 in 2012 and $68,559 in 2011) 174,359 159,451
Trading securities, at fair value (amortized cost $14,263 in 2012 and $13,429 in 2011) 14,249 13,454
Mortgage loans 4,732 4,829
Policy loans 7,393 7,209
Other long-term investments 24,399 20,574
Short-term investments 1,100 1,100
Total Investments 3,030,720 2,908,008
Cash and cash equivalents 101,978 144,527
Accrued investment income 32,750 32,219
Premiums receivable (net of allowance for doubtful accounts of $728 in 2012 and $825 in 2011) 211,205 172,348
Deferred policy acquisition costs 107,058 106,654
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $34,510 in 2012 and $35,248 in 2011) 44,098 45,644
Reinsurance receivables and recoverables 152,898 128,574
Prepaid reinsurance premiums 3,315 6,191
Income taxes receivable 14,454 26,742
Goodwill and intangible assets 29,530 30,801
Other assets 13,257 17,216
TOTAL ASSETS 3,741,263 3,618,924
Liabilities    
Property and casualty insurance 960,291 945,051
Life insurance 1,504,178 1,476,281
Unearned premiums 330,297 288,991
Accrued expenses and other liabilities 140,883 138,210
Deferred income taxes 25,252 13,624
Debt 45,000 45,000
Trust preferred securities 0 15,626
TOTAL LIABILITIES 3,005,901 2,922,783
Stockholders' Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,432,681 and 25,505,350 shares issued and outstanding in 2012 and 2011, respectively 25 25
Additional Paid In Capital 212,171 213,045
Retained earnings 426,744 400,485
Accumulated other comprehensive income, net of tax 96,422 82,586
TOTAL STOCKHOLDERS' EQUITY 735,362 696,141
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,741,263 $ 3,618,924