Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Fixed maturity securities (amortized cost $2,823,333; $2,804,275)	$ 2,939,494	$ 2,880,003
Equity securities (cost $349,632; $313,528)	367,039	315,362
Short-term investments (cost $181,729; $185,353)	181,304	185,277
Total investments	3,487,837	3,380,642
Cash	233,281	264,221
Receivables:
Premium	460,077	436,621
Accrued investment income	42,217	42,747
Other	23,019	21,925
Total receivables	525,313	501,293
Deferred policy acquisition costs	203,993	201,762
Fixed assets (net of accumulated depreciation $309,011; $299,192)	157,164	157,131
Current income taxes	10,072	9,041
Deferred income taxes	5,234	23,231
Goodwill	42,796	42,796
Other intangible assets, net	28,663	31,702
Other assets	27,695	16,826
Total assets	4,722,048	4,628,645
Liabilities
Losses and loss adjustment expense reserves	1,210,793	1,146,688
Unearned premiums	1,080,138	1,049,314
Notes payable	290,000	290,000
Accounts payable and accrued expenses	115,561	122,571
Other liabilities	203,528	199,187
Total liabilities	2,900,020	2,807,760
Commitments and contingencies
Shareholders’ equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 55,254; 55,164	94,006	90,985
Additional paid-in capital	3,311	8,870
Retained earnings	1,724,711	1,721,030
Total shareholders’ equity	1,822,028	1,820,885
Total liabilities and shareholders’ equity	$ 4,722,048	$ 4,628,645