Concentration of Operations

12 Months Ended

Dec. 31, 2014

Text Block [Abstract]

Concentration of Operations

17. 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:

	2014				2013					2012
	Dollars		Percent		Dollars			Percent		Dollars		Percent
	(Dollars in thousands)
Workers’ compensation	$	375,746		100.0%	$	329,986			100.0%	$	290,538		99.9%
General liability		1		0.0%		(3	)		0.0%		151		0.1%
Total net premiums earned	$	375,747		100.0%	$	329,983			100.0%	$	290,689		100.0%

Net premiums earned during 2014, 2013 and 2012 for the top ten states in 2014 and all others are shown below:

	2014					2013					2012
	Dollars		Percent			Dollars		Percent			Dollars		Percent
	(Dollars in thousands)
Louisiana	$	47,643		12.7	%	$	42,110		12.8	%	$	31,134		10.7%
Georgia		36,761		9.8			30,096		9.1			25,033		8.6
Pennsylvania		35,488		9.4			28,880		8.8			24,480		8.4
North Carolina		20,872		5.6			21,019		6.4			20,036		6.9
Florida		20,691		5.5			12,950		3.9			9,180		3.2
Illinois		20,606		5.5			18,445		5.6			18,119		6.2
Virginia		16,764		4.5			15,751		4.8			16,144		5.6
Oklahoma		16,599		4.4			17,473		5.3			16,157		5.6
Texas		14,846		4.0			14,949		4.5			11,687		4.0
Minnesota		13,159		3.5			10,470		3.2			10,094		3.5
All others		132,318		35.1			117,840		35.6			108,625		37.3
Total net premiums earned	$	375,747		100.0	%	$	329,983		100.0	%	$	290,689		100.0%