CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Gross written premiums	$ 278,714	$ 253,568	$ 574,997	$ 523,713
Revenues:
Net written premiums	183,363	165,005	376,439	354,322
Change in unearned premiums	(9,586)	(3,534)	(50,184)	(28,782)
Net earned premiums	173,777	161,471	326,255	325,540
Net investment income	17,429	17,853	34,813	35,825
Total other-than-temporary impairment losses	(833)	(489)	(1,096)	(740)
Portion of loss recognized in other comprehensive income (before tax)	301	334	322	504
Net other-than-temporary impairment losses recognized in earnings	(532)	(155)	(774)	(236)
Net realized gains (losses)	3,006	11,020	1,618	17,133
Other income (expense)	573	(899)	1,564	171
Total revenues	194,253	189,290	363,476	378,433
Expenses:
Net losses and loss adjustment expenses	113,863	99,863	230,651	203,670
Commission expenses	28,030	25,677	54,230	50,993
Other operating expenses	35,777	34,513	72,352	69,099
Interest expense	2,047	2,044	4,093	4,088
Total expenses	179,717	162,097	361,326	327,850
Income (loss) before income taxes	14,536	27,193	2,150	50,583
Income tax expense (benefit)	5,032	8,223	539	14,568
Net income (loss)	$ 9,504	$ 18,970	$ 1,611	$ 36,015
Net income per common share:
Basic	$ 0.62	$ 1.18	$ 0.10	$ 2.20
Diluted	$ 0.60	$ 1.16	$ 0.10	$ 2.16
Average common shares outstanding:
Basic	15,373	16,100	15,555	16,369
Diluted	15,726	16,422	15,944	16,686