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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investments:    
Fixed maturity securities-held-to-maturity, at amortized cost (fair value $576,989 and $627,349 in 2013 and 2012, respectively) $ 550,153 $ 583,287
Fixed maturity securities-available-for-sale, at fair value (cost $207,197 and $144,514 in 2013 and 2012, respectively) 202,701 149,139
Equity securities-available-for-sale, at fair value (cost $11,987 and $7,000 in 2013 and 2012, respectively) 12,260 6,766
Short-term investments 86,131 68,924
Other investments 10,271  
Total investments 861,516 808,116
Cash and cash equivalents 116,778 92,676
Amounts recoverable from reinsurers 77,835 101,352
Premiums receivable, net of allowance 172,002 141,950
Deferred income taxes 34,672 29,521
Accrued interest receivable 10,888 10,392
Property and equipment, net 7,505 7,711
Deferred policy acquisition costs 21,085 18,419
Federal income tax recoverable 1,148  
Other assets 9,130 10,809
Total assets 1,312,559 1,220,946
Liabilities:    
Reserves for loss and loss adjustment expenses 609,042 570,450
Unearned premiums 164,739 140,528
Reinsurance premiums payable 781 456
Amounts held for others 31,950 41,033
Policyholder deposits 42,029 39,088
Insurance-related assessments 28,887 22,244
Accounts payable and other liabilities 29,019 25,649
Payable for investments purchased 5,400 276
Total liabilities 911,847 839,724
Shareholders' equity:    
Common stock: Voting-$0.01 par value authorized shares-50,000,000 in 2013 and 2012; 19,747,430 and 19,513,476 shares issued and 18,489,180 and 18,255,226 shares outstanding in 2013 and 2012, respectively 197 195
Additional paid-in capital 190,767 187,401
Treasury stock at cost (1,258,250 shares in 2013 and 2012) (22,370) (22,370)
Accumulated earnings 234,789 213,017
Accumulated other comprehensive income, net (2,671) 2,979
Total shareholders' equity 400,712 381,222
Total liabilities and shareholders' equity $ 1,312,559 $ 1,220,946