Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
ASSETS
Investments, available-for-sale at fair value (amortized cost of $171,649 and $177,300, respectively)	$ 181,989	$ 186,815
Cash and cash equivalents	28,055	29,305
Premiums and fees receivable, net of allowance of $418 and $406	42,834	40,447
Other assets	8,012	7,999
Property and equipment, net	2,847	2,533
Deferred acquisition costs	3,705	3,305
Goodwill	21,090	21,090
Identifiable intangible assets	4,800	4,800
TOTAL ASSETS	293,332	296,294
LIABILITIES AND STOCKHOLDERS' EQUITY
Loss and loss adjustment expense reserves	68,934	68,424
Unearned premiums and fees	52,413	50,772
Debentures payable	41,240	41,240
Other liabilities	12,026	13,630
Total liabilities	174,613	174,066
Stockholders' equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 47,998 and 48,458 shares issued and outstanding, respectively	480	485
Additional paid-in capital	466,136	466,777
Accumulated other comprehensive income	10,340	9,515
Accumulated deficit	(358,237)	(354,549)
Total stockholders' equity	118,719	122,228
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 293,332	$ 296,294