Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Fixed maturities trading (amortized cost $2,356,492; $2,345,620)	$ 2,487,637	$ 2,445,589
Equity securities trading (cost $459,672; $388,417)	446,167	380,388
Short-term investments (cost $179,799; $236,433)	179,326	236,444
Total investments	3,113,130	3,062,421
Cash	160,487	211,393
Receivables:
Premiums	317,438	288,799
Accrued investment income	32,828	32,541
Other	11,691	11,320
Total receivables	361,957	332,660
Deferred policy acquisition costs	179,115	171,430
Fixed assets, net	168,696	177,760
Current income taxes	21,440	0
Deferred income taxes	0	6,511
Goodwill	42,850	42,850
Other intangible assets, net	50,653	53,749
Other assets	22,105	11,232
Total assets	4,120,433	4,070,006
LIABILITIES AND SHAREHOLDERS' EQUITY
Losses and loss adjustment expenses	978,321	985,279
Unearned premiums	882,441	843,427
Notes payable	140,000	140,000
Accounts payable and accrued expenses	100,158	94,743
Current income taxes	0	67
Deferred income taxes	1,002	0
Other liabilities	157,780	149,007
Total liabilities	2,259,702	2,212,523
Commitments and contingencies
Shareholders' equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 54,911; 54,856	79,016	76,634
Additional paid-in capital	285	538
Retained earnings	1,781,430	1,780,311
Total shareholders' equity	1,860,731	1,857,483
Total liabilities and shareholders' equity	$ 4,120,433	$ 4,070,006