Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Investments, available-for-sale at fair value (amortized cost of $ 150,595 and $162,575, respectively)	$ 161,861	$ 172,825
Cash and cash equivalents	31,802	23,751
Premiums and fees receivable, net of allowance of $ 450 and $364	46,894	41,313
Other assets	6,873	8,005
Property and equipment, net	5,143	3,315
Deferred acquisition costs	3,280	3,243
Identifiable intangible assets	4,800	4,800
TOTAL ASSETS	260,653	257,252
LIABILITIES AND STOCKHOLDERS' EQUITY
Loss and loss adjustment expense reserves	75,073	69,436
Unearned premiums and fees	58,375	50,464
Debentures payable	41,240	41,240
Other liabilities	14,203	13,383
Total liabilities	188,891	174,523
Stockholders' equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 40,943 and 40,928 shares issued and outstanding, respectively	409	409
Additional paid-in capital	456,488	456,056
Accumulated other comprehensive income	11,266	10,250
Accumulated deficit	(396,401)	(383,986)
Total stockholders' equity	71,762	82,729
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 260,653	$ 257,252