Consolidated Statements of Cash Flow (Unaudited) (USD $) In Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flow from operating activities:
Net earnings	$ 18,204	$ 20,232
Adjustments to reconcile net earnings to net cash provided by operating activities:
Realized gains on sale of investments	(11,311)	(2,080)
Depreciation and amortization expense	2,033	2,073
Stock based compensation expense	1,712	1,778
Amortization of deferred acquisition costs, net	(3,414)	(5,728)
Amortization of premiums on investments	3,054	1,007
Deferred income taxes	(916)	(431)
Change in operating assets and liabilities:
Accrued investment income	506	(468)
Premiums receivable	(3,096)	(8,350)
Reinsurance recoverable	12,917	(11,786)
Ceded unearned premiums	2,043	17,838
Funds held	7,184	4,147
Unpaid loss and loss adjustment expenses	16,751	32,508
Unearned premiums	12,102	1,885
Ceded premiums payable	1,193	4,073
Other liabilities	(2,500)	(491)
Other assets, net	(4,653)	(3,941)
Net cash provided by operating activities	51,809	52,266
Cash flow from investing activities:
Purchases of fixed maturities	(309,591)	(222,594)
Purchase of common stock	(2,500)
Proceeds from sales and maturities of fixed maturities	242,959	148,168
Proceeds from sale of equity securities	656
Decrease in short-term investments	21,601	34,069
Purchase of fixed assets, net	(2,714)	(3,577)
Net cash used in investing activities	(49,589)	(43,934)
Cash flow from financing activities:
Stock repurchase payments	(2,793)	(2,883)
Proceeds from exercised stock options	465	442
Proceeds from termination of interest rate swaps		2,055
Net cash used in financing activities	(2,328)	(386)
Net (decrease) increase in cash and cash equivalents	(108)	7,946
Cash and cash equivalents at beginning of period	38,307	34,756
Cash and cash equivalents at end of period	38,199	42,702
Supplemental disclosure of cash flow information:
Income taxes paid	95	30
Interest paid	$ 1,102	$ 1,820