CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
Investments and cash:
Fixed maturities, available-for-sale, at fair value (amortized cost: 2011, $1,768,428; 2010, $1,855,598)	$ 1,827,973	$ 1,882,245
Equity securities, available-for-sale, at fair value (cost: 2011, $133,616; 2010, $64,793)	147,794	87,258
Short-term investments, at cost which approximates fair value	159,549	153,057
Cash	58,935	31,768
Total investments and cash	2,194,251	2,154,328
Premiums receivable	249,834	188,368
Prepaid reinsurance premiums	170,180	156,869
Reinsurance recoverable on paid losses	49,232	56,658
Reinsurance recoverable on unpaid losses and loss adjustment expenses	843,546	843,296
Deferred policy acquisition costs	61,975	55,201
Accrued investment income	14,741	15,590
Goodwill and other intangible assets	6,897	6,925
Current income tax receivable, net	9,817	1,054
Deferred income tax, net	4,250	15,141
Other assets	18,652	38,029
Total assets	3,623,375	3,531,459
Liabilities:
Reserves for losses and loss adjustment expenses	2,044,709	1,985,838
Unearned premiums	528,463	463,515
Reinsurance balances payable	113,188	105,904
Senior notes	114,240	114,138
Accounts payable and other liabilities	23,320	32,710
Total liabilities	2,823,920	2,702,105
Stockholders' equity:
Preferred stock, $.10 par value, authorized 1,000,000 shares, none issued
Common stock, $.10 par value, authorized 50,000,000 shares, issued 17,451,233 shares for 2011 and 17,274,440 shares for 2010	1,745	1,728
Additional paid-in capital	324,257	312,588
Treasury stock, at cost (3,134,469 shares for 2011 and 1,532,273 shares for 2010)	(138,611)	(64,935)
Retained earnings	555,021	539,512
Accumulated other comprehensive income	57,043	40,461
Total stockholders' equity	799,455	829,354
Total liabilities and stockholders' equity	$ 3,623,375	$ 3,531,459