Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Investments
Fixed maturities, available for sale, at fair value; amortized cost, $2,573,272 and $2,586,821, respectively	$ 2,604,429	$ 2,613,406
Equity securities, trading, at fair value; cost, $354,077 and $353,744, respectively	391,206	387,274
Short-term investments	280,341	442,084
Business owned life insurance	60,589	60,134
Investment in unconsolidated subsidiaries	330,479	340,906
Other investments, $29,978 and $31,501 at fair value, respectively, otherwise at cost or amortized cost	80,576	81,892
Total Investments	3,747,620	3,925,696
Cash and cash equivalents	101,918	117,347
Premiums receivable	224,718	223,480
Receivable from reinsurers on paid losses and loss adjustment expenses	5,574	5,446
Receivable from reinsurers on unpaid losses and loss adjustment expenses	271,679	273,475
Prepaid reinsurance premiums	43,184	39,723
Deferred policy acquisition costs	49,185	46,809
Deferred tax asset, net	1,870	10,256
Real estate, net	31,580	31,814
Intangible assets	82,999	84,406
Goodwill	210,725	210,725
Other assets	101,589	96,004
Total Assets	4,872,641	5,065,181
Policy liabilities and accruals
Reserve for losses and loss adjustment expenses	1,996,989	1,993,428
Unearned premiums	397,139	372,563
Reinsurance premiums payable	34,222	30,001
Total Policy Liabilities	2,428,350	2,395,992
Other liabilities	170,317	422,285
Debt less debt issuance costs	448,288	448,202
Total Liabilities	3,046,955	3,266,479
Shareholders’ Equity
Common shares, par value $0.01 per share, 100,000,000 shares authorized, 62,805,233 and 62,660,234 shares issued, respectively	628	627
Additional paid-in capital	375,912	376,518
Accumulated other comprehensive income (loss), net of deferred tax expense (benefit) of $11,375 and $9,894, respectively	20,323	17,399
Retained earnings	1,848,751	1,824,088
Treasury shares, at cost, 9,408,825 shares and 9,408,977 shares, respectively	(419,928)	(419,930)
Total Shareholders’ Equity	1,825,686	1,798,702
Total Liabilities and Shareholders’ Equity	$ 4,872,641	$ 5,065,181