Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Fixed maturity securities (amortized cost $2,876,287; $2,804,275)	$ 2,972,927	$ 2,880,003
Equity securities (cost $359,193; $313,528)	374,458	315,362
Short-term investments (cost $206,744; $185,353)	206,851	185,277
Total investments	3,554,236	3,380,642
Cash	229,857	264,221
Receivables:
Premiums	474,586	436,621
Accrued investment income	41,143	42,747
Other	22,291	21,925
Total receivables	538,020	501,293
Deferred policy acquisition costs	206,757	201,762
Fixed assets (net of accumulated depreciation $314,290; $299,192)	155,730	157,131
Current income taxes	0	9,041
Deferred income taxes	13,521	23,231
Goodwill	42,796	42,796
Other intangible assets, net	27,144	31,702
Other assets	33,211	16,826
Total assets	4,801,272	4,628,645
Liabilities
Losses and loss adjustment expenses	1,244,553	1,146,688
Unearned premiums	1,102,151	1,049,314
Notes payable	290,000	290,000
Accounts payable and accrued expenses	119,508	122,571
Current income taxes	2,748	0
Other liabilities	226,855	199,187
Total liabilities	2,985,815	2,807,760
Commitments and contingencies
Shareholders’ equity:
Common stock without par value or stated value: Authorized 70,000 shares; issued and outstanding 55,271; 55,164	94,937	90,985
Additional paid-in capital	3,147	8,870
Retained earnings	1,717,373	1,721,030
Total shareholders’ equity	1,815,457	1,820,885
Total liabilities and shareholders’ equity	$ 4,801,272	$ 4,628,645