Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Fixed maturity securities (amortized cost $4,394,983; $4,226,790)	$ 4,319,336	$ 4,088,311
Equity securities (cost $654,939; $668,843)	730,693	699,552
Short-term investments (cost $179,375; $123,928)	178,491	122,937
Total investments	5,228,520	4,910,800
Cash	550,903	289,776
Receivables:
Premiums	607,025	571,910
Allowance for credit losses on premiums receivable	(5,300)	(5,800)
Premiums receivable, net of allowance for credit losses	601,725	566,110
Accrued investment income	59,128	52,474
Other	25,603	11,358
Total receivables	686,456	629,942
Reinsurance recoverables (net of allowance for credit losses $12; $0)	31,947	25,895
Deferred policy acquisition costs	293,844	266,475
Fixed assets, net	151,183	171,442
Operating lease right-of-use assets	14,406	20,183
Current income taxes	4,081	55,136
Deferred income taxes	33,013	42,903
Goodwill	42,796	42,796
Other intangible assets, net	8,333	9,212
Other assets	57,915	49,628
Total assets	7,103,397	6,514,188
Liabilities
Loss and loss adjustment expense reserves	2,785,702	2,584,910
Unearned premiums	1,735,660	1,545,639
Notes payable	573,729	398,330
Accounts payable and accrued expenses	175,219	151,686
Operating lease liabilities	14,231	21,924
Other liabilities	270,711	289,568
Total liabilities	5,555,252	4,992,057
Commitments and contingencies
Shareholders’ equity:
Common stock without par value or stated value, Authorized 70,000 shares; issued and outstanding 55,371; 55,371	98,947	98,947
Retained earnings	1,449,198	1,423,184
Total shareholders’ equity	1,548,145	1,522,131
Total liabilities and shareholders’ equity	$ 7,103,397	$ 6,514,188