Concentration of Operations

12 Months Ended

Dec. 31, 2013

Text Block [Abstract]

Concentration of Operations

18. Concentration of Operations

The Company derives its revenues almost entirely from its operations in the workers’ compensation insurance line of business. Total net premiums earned for the different lines of business are shown below:

	2013				2012				2011
	Dollars		Percent		Dollars		Percent		Dollars		Percent
	(Dollars in thousands)
Workers’ compensation	$	329,986		100.0%	$	290,538		99.9%	$	249,966		99.6%
General liability		(3)		0.0%		151		0.1%		1,049		0.4%
Total net premiums earned	$	329,983		100.0%	$	290,689		100.0%	$	251,015		100.0%

Net premiums earned during 2013, 2012 and 2011 for the top ten states in 2013 and all others are shown below:

	2012				2012				2011
	Dollars		Percent		Dollars		Percent		Dollars		Percent
	(Dollars in thousands)
Louisiana	$	42,110		12.8%	$	31,134		10.7%	$	28,157		11.2%
Georgia		30,096		9.1		25,033		8.6		21,496		8.6
Pennsylvania		28,880		8.8		24,480		8.4		19,265		7.7
North Carolina		21,019		6.4		20,036		6.9		17,071		6.8
Illinois		18,445		5.6		18,119		6.2		14,673		5.8
Oklahoma		17,473		5.3		16,157		5.6		16,037		6.4
Virginia		15,751		4.8		16,144		5.6		15,660		6.2
Texas		14,949		4.5		11,687		4.0		11,073		4.4
Florida		12,950		3.9		9,180		3.2		6,881		2.8
Alaska		12,239		3.7		9,202		3.2		8,618		3.4
All others		116,071		35.1		109,517		37.6		92,084		36.7
Total net premiums earned	$	329,983		100.0%	$	290,689		100.0%	$	251,015		100.0%