Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Investments
Fixed maturities, available for sale, at fair value; amortized cost, $2,769,432 and $3,055,477, respectively	$ 2,826,179	$ 3,145,027
Equity securities, trading, at fair value; cost, $334,036 and $283,107, respectively	317,886	314,482
Short-term investments	158,057	131,259
Business owned life insurance	56,748	56,381
Investment in unconsolidated subsidiaries	298,375	276,501
Other investments, $29,480 and $28,958 at fair value, respectively, otherwise at cost or amortized cost	91,410	86,057
Total Investments	3,748,655	4,009,707
Cash and cash equivalents	201,342	197,040
Premiums receivable	239,907	202,528
Receivable from reinsurers on paid losses and loss adjustment expenses	6,807	6,494
Receivable from reinsurers on unpaid losses and loss adjustment expenses	240,239	237,966
Prepaid reinsurance premiums	36,476	32,115
Deferred policy acquisition costs	47,662	38,790
Deferred tax asset, net	7,745	0
Real estate, net	38,704	39,799
Intangible assets	94,530	100,733
Goodwill	210,725	210,725
Other assets	90,212	93,263
Total Assets	4,963,004	5,169,160
Policy liabilities and accruals
Reserve for losses and loss adjustment expenses	2,022,261	2,058,266
Unearned premiums	401,996	345,828
Reinsurance premiums payable	23,369	17,451
Total Policy Liabilities	2,447,626	2,421,545
Deferred tax liability, net	0	18,818
Other liabilities	158,588	320,853
Long-term debt	350,000	250,000
Total Liabilities	2,956,214	3,011,216
Shareholders’ Equity
Common shares, par value $0.01 per share, 100,000,000 shares authorized, 62,498,192 and 62,297,214 shares issued, respectively	625	623
Additional paid-in capital	364,877	359,577
Accumulated other comprehensive income (loss), net of deferred tax expense (benefit) of $19,051 and $31,342, respectively	36,096	58,204
Retained earnings	2,022,534	1,991,704
Treasury shares, at cost, 9,348,376 shares and 5,763,388 shares, respectively	(417,342)	(252,164)
Total Shareholders’ Equity	2,006,790	2,157,944
Total Liabilities and Shareholders’ Equity	$ 4,963,004	$ 5,169,160