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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2014, $2,277,384; 2013, $2,036,999) $ 2,310,195 $ 2,047,873
Equity securities, available-for-sale, at fair value (cost: 2014, $136,762; 2013, $118,804) 163,473 143,954
Short-term investments, at fair value (amortized cost 2014 $255,434; 2013 $296,250) 255,445 296,250
Cash 74,408 86,509
Total investments and cash 2,803,521 2,574,586
Premiums receivable 363,053 325,025
Prepaid reinsurance premiums 237,094 247,822
Reinsurance recoverable on paid losses 49,327 38,384
Reinsurance recoverable on unpaid losses and loss adjustment expenses 850,582 822,438
Deferred policy acquisition costs 76,268 67,007
Accrued investment income 15,075 13,866
Goodwill and other intangible assets 7,089 7,177
Current income tax receivable, net 2,506 9,918
Deferred income tax, net 14,531 28,187
Other assets 44,267 35,042
Total assets 4,463,313 4,169,452
Liabilities:    
Reserves for losses and loss adjustment expenses 2,168,974 2,045,071
Unearned premiums 772,755 714,606
Reinsurance balances payable 157,900 167,252
Senior Notes 263,406 263,308
Payable for investments purchased 35,757 7,624
Accounts payable and other liabilities 67,928 69,379
Total liabilities 3,466,720 3,267,240
Stockholders' equity:    
Preferred stock, $.10 par value, authorized 1,000,000 shares, none issued 0 0
Common stock, $.10 par value, authorized 50,000,000 shares, issued 17,778,131 shares for 2014 and 17,709,876 shares for 2013 1,777 1,770
Additional paid-in capital 343,407 335,546
Treasury stock, at cost (3,511,380 shares for 2014 and 2013) (155,801) (155,801)
Retained earnings 768,391 692,337
Accumulated other comprehensive income 38,819 28,360
Total stockholders' equity 996,593 902,212
Total liabilities and stockholders' equity $ 4,463,313 $ 4,169,452