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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Investments:    
Fixed Maturities, available-for-sale, at fair value (amortized cost: 2017: $3,027,408; 2016: $2,628,225) $ 3,057,054 $ 2,635,882
Equity Securities, available-for-sale, at fair value (cost: 2017: $224,159; 2016: $327,911) 235,981 349,142
Other Invested Assets 1,720 1,960
Short-Term Investments, at fair value (amortized cost: 2017: $127,125; 2016: $143,451) 127,128 143,539
Total Investments 3,421,883 3,130,523
Cash 67,084 64,643
Premiums Receivable 351,393 306,686
Prepaid Reinsurance Premiums 228,569 213,377
Reinsurance Recoverable on Paid Losses 72,494 82,582
Reinsurance Recoverable on Unpaid Losses and Loss Adjustment Expenses 809,765 779,276
Deferred Policy Acquisition Costs 135,249 119,660
Accrued Investment Income 19,480 17,315
Goodwill and Other Intangible Assets 6,596 6,451
Current Income Tax Receivable, Net 16,667 20,556
Deferred Income Tax, Net 22,271 20,938
Other Assets 73,171 52,030
Total Assets 5,224,622 4,814,037
Liabilities:    
Reserves for Losses and Loss Adjustment Expenses 2,515,145 2,289,727
Unearned Premiums 987,681 887,344
Reinsurance Balances Payable 136,192 108,980
Senior Notes 263,885 263,728
Accounts Payable and Other Liabilities 95,754 86,070
Total Liabilities 3,998,657 3,635,849
Stockholders' Equity:    
Preferred Stock, ($.10 par value, authorized 1,000 shares, none issued) 0 0
Common Stock, ($.10 par value, authorized 50,000 shares, issued 36,530 shares for 2017 and 36,147 shares for 2016) 3,650 3,612
Additional Paid-In Capital 376,868 373,983
Treasury Stock, at cost (7,023 shares for 2017 and 2016) (155,801) (155,801)
Retained Earnings 981,380 947,519
Accumulated Other Comprehensive Income 19,868 8,875
Total Stockholders' Equity 1,225,965 1,178,188
Total Liabilities and Stockholders' Equity $ 5,224,622 $ 4,814,037