The following tables present, for each of the fair value hierarchy levels as defined by the accounting guidance for fair value measurements described above, our Company’s Fixed Maturities and Equity Securities by asset class that are measured at fair value on a recurring basis, as well as the fair value of the 5.75% Senior Notes due October 15, 2023 (the “Senior Notes”) carried at amortized cost as of September 30, 2017 and December 31, 2016:

	September 30, 2017
amounts in thousands	Level 1		Level 2		Level 3		Total
Fixed Maturities:
U.S. Treasury Bonds, Agency Bonds and Foreign Government Bonds	$	51,612	$	218,239	$	—	$	269,851
States, Municipalities and Political Subdivisions		—		684,792		—		684,792
Mortgage-Backed and Asset-Backed Securities:
Agency Mortgage-Backed Securities		—		426,441		—		426,441
Residential Mortgage Obligations		—		34,748		—		34,748
Asset-Backed Securities		—		331,646		—		331,646
Commercial Mortgage-Backed Securities		—		140,601		—		140,601
Subtotal	$	—	$	933,436	$	—	$	933,436
Corporate Exposures		—		910,106		—		910,106
Total Fixed Maturities	$	51,612	$	2,746,573	$	—	$	2,798,185
Equity Securities:
Common Stocks	$	180,771	$	—	$	—	$	180,771
Preferred Stocks		—		195,105		—		195,105
Total Equity Securities	$	180,771	$	195,105	$	—	$	375,876
Short-Term Investments		247,607		—		—		247,607
Total Assets Measured at Fair Value	$	479,990	$	2,941,678	$	—	$	3,421,668
Senior Notes	$	—	$	282,073	$	—	$	282,073
Total Liabilities Measured at Fair Value	$	—	$	282,073	$	—	$	282,073

	December 31, 2016
amounts in thousands	Level 1		Level 2		Level 3		Total
Fixed Maturities:
U.S. Treasury Bonds, Agency Bonds and Foreign Government Bonds	$	47,704	$	226,072	$	—	$	273,776
States, Municipalities and Political Subdivisions		—		547,415		—		547,415
Mortgage-Backed and Asset-Backed Securities:
Agency Mortgage-Backed Securities		—		487,364		—		487,364
Residential Mortgage Obligations		—		20,530		—		20,530
Asset-Backed Securities		—		314,601		—		314,601
Commercial Mortgage-Backed Securities		—		154,139		—		154,139
Subtotal	$	—	$	976,634	$	—	$	976,634
Corporate Exposures		—		838,057		—		838,057
Total Fixed Maturities	$	47,704	$	2,588,178	$	—	$	2,635,882
Equity Securities:
Common Stocks	$	164,087	$	—	$	—	$	164,087
Preferred Stocks		—		185,055		—		185,055
Total Equity Securities	$	164,087	$	185,055	$	—	$	349,142
Short-Term Investments		143,539		—		—		143,539
Total Assets Measured at Fair Value	$	355,330	$	2,773,233	$	—	$	3,128,563
Senior Notes	$	—	$	280,316	$	—	$	280,316
Total Liabilities Measured at Fair Value	$	—	$	280,316	$	—	$	280,316