Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investments, at fair value:
Fixed maturity securities (amortized cost $4,226,790; $3,909,780)	$ 4,088,311	$ 4,031,523
Equity securities (cost $668,843; $754,536)	699,552	970,939
Short-term investments (cost $123,928; $141,206)	122,937	140,127
Total investments	4,910,800	5,142,589
Cash	289,776	335,557
Receivables:
Premiums	571,910	621,740
Allowance for credit losses on premiums receivable	(5,800)	(6,000)
Premiums receivable, net of allowance for credit losses	566,110	615,740
Accrued investment income	52,474	43,299
Other	11,358	7,600
Total receivables	629,942	666,639
Reinsurance recoverables	25,895	45,000
Deferred policy acquisition costs	266,475	258,259
Fixed assets, net	171,442	191,332
Operating lease right-of-use assets	20,183	31,967
Current income taxes	55,136	20,108
Deferred income taxes	42,903	0
Goodwill	42,796	42,796
Other intangible assets, net	9,212	10,255
Other assets	49,628	27,970
Total assets	6,514,188	6,772,472
Liabilities
Loss and loss adjustment expense reserves	2,584,910	2,226,430
Unearned premiums	1,545,639	1,519,799
Notes payable	398,330	372,931
Accounts payable and accrued expenses	151,686	169,125
Operating lease liabilities	21,924	34,577
Deferred income taxes	0	53,569
Other liabilities	289,568	255,760
Total liabilities	4,992,057	4,632,191
Commitments and contingencies
Shareholders’ equity:
Authorized 70,000 shares; issued and outstanding 55,371; 55,371	98,947	98,943
Retained earnings	1,423,184	2,041,338
Total shareholders’ equity	1,522,131	2,140,281
Total liabilities and shareholders’ equity	$ 6,514,188	$ 6,772,472