Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
ASSETS
Fixed maturity securities (amortized cost $2,802,441; $2,503,494)	$ 2,886,864	$ 2,618,400
Equity securities (cost $307,893; $387,851)	298,687	412,880
Short-term investments (cost $162,834; $373,180)	162,835	372,542
Total investments	3,348,386	3,403,822
Cash	295,184	289,907
Receivables:
Premiums	442,061	390,009
Accrued investment income	41,383	38,737
Other	21,114	21,202
Total receivables	504,558	449,948
Deferred policy acquisition costs	205,245	197,202
Fixed assets, net	157,605	158,976
Current income taxes	11,915	503
Deferred income taxes	20,971	0
Goodwill	42,796	42,796
Other intangible assets, net	32,538	35,623
Other assets	27,381	21,512
Total assets	4,646,579	4,600,289
Liabilities
Losses and loss adjustment expenses	1,131,553	1,091,797
Unearned premiums	1,063,323	999,798
Notes payable	290,000	290,000
Accounts payable and accrued expenses	139,345	130,887
Deferred income taxes	0	5,333
Other liabilities	192,859	207,028
Total liabilities	$ 2,817,080	$ 2,724,843
Commitments and contingencies
Shareholders’ equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 55,164; 55,121	$ 91,028	$ 88,705
Additional paid-in capital	6,644	3,804
Retained earnings	1,731,827	1,782,937
Total shareholders’ equity	1,829,499	1,875,446
Total liabilities and shareholders’ equity	$ 4,646,579	$ 4,600,289