Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues
Gross premiums written	$ 81,514	$ 87,071
Ceded premiums written	(2,517)	(2,783)
Net premiums written	78,997	84,288
Net premiums earned	70,746	78,990
Net investment income	6,583	7,749
Net realized gains on investments	319	992
Net unrealized gains (losses) on equity securities	5,511	(8,763)
Fee and other income	192	201
Total revenues	83,351	79,169
Expenses
Loss and loss adjustment expenses incurred	39,517	43,647
Underwriting and certain other operating costs	6,927	8,217
Commissions	5,474	6,055
Salaries and benefits	6,566	7,012
Policyholder dividends	1,350	1,023
Provision for investment related credit loss benefit	(108)	(26)
Total expenses	59,726	65,928
Income before income taxes	23,625	13,241
Income tax expense	4,313	2,441
Net income	$ 19,312	$ 10,800
Earnings per share
Basic	$ 1.00	$ 0.56
Diluted	$ 0.99	$ 0.56
Shares used in computing earnings per share
Basic	19,311,710	19,266,016
Diluted	19,408,804	19,352,245
Cash dividends declared per common share	$ 0.29	$ 0.27