Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Investments, available-for-sale at fair value (amortized cost of $130,342 and $162,575, respectively)	$ 139,046	$ 172,825
Cash and cash equivalents	59,104	23,751
Premiums and fees receivable, net of allowance of $306 and $364, respectively	45,286	41,313
Other assets	6,190	6,986
Property and equipment, net	4,656	3,315
Deferred acquisition costs	3,221	3,243
Identifiable intangible assets	4,800	4,800
TOTAL ASSETS	262,303	256,233
LIABILITIES AND STOCKHOLDERS' EQUITY
Loss and loss adjustment expense reserves	79,260	69,436
Unearned premiums and fees	55,092	50,464
Debentures payable	40,261	40,221
Other liabilities	14,897	13,383
Total liabilities	189,510	173,504
Stockholders' equity:
Preferred stock, $.01 par value, 10,000 shares authorized
Common stock, $.01 par value, 75,000 shares authorized; 40,962 and 40,928 shares issued and outstanding, respectively	410	409
Additional paid-in capital	456,705	456,056
Accumulated other comprehensive income	8,704	10,250
Accumulated deficit	(393,026)	(383,986)
Total stockholders' equity	72,793	82,729
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 262,303	$ 256,233