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, 2018 and December 31, 2017:

	September 30, 2018
amounts in thousands	Level 1		Level 2		Level 3		Total
Fixed Maturities:
U.S. Treasury Bonds, Agency Bonds and Foreign Government Bonds	$	45,093	$	200,192	$	—	$	245,285
States, Municipalities and Political Subdivisions		—		631,514		—		631,514
Mortgage-Backed and Asset-Backed Securities:
Agency Residential Mortgage-Backed Securities		—		344,016		—		344,016
Residential Mortgage Obligations		—		124,191		—		124,191
Asset-Backed Securities		—		540,566		—		540,566
Commercial Mortgage-Backed Securities		—		186,251		—		186,251
Subtotal	$	—	$	1,195,024	$	—	$	1,195,024
Corporate Exposures		—		917,650		—		917,650
Total Fixed Maturities	$	45,093	$	2,944,380	$	—	$	2,989,473
Equity Securities:
Common Stocks	$	40,416	$	150,306	$	—	$	190,722
Preferred Stocks		—		180,958		—		180,958
Total Equity Securities	$	40,416	$	331,264	$	—	$	371,680
Short-Term Investments		—		7,264		—		7,264
Total Assets Measured at Fair Value	$	85,509	$	3,282,908	$	—	$	3,368,417
Senior Notes	$	—	$	274,348	$	—	$	274,348
Total Liabilities Measured at Fair Value	$	—	$	274,348	$	—	$	274,348

	December 31, 2017
amounts in thousands	Level 1		Level 2		Level 3		Total
Fixed Maturities:
U.S. Treasury Bonds, Agency Bonds and Foreign Government Bonds	$	178,251	$	215,312	$	—	$	393,563
States, Municipalities and Political Subdivisions		—		814,632		—		814,632
Mortgage-Backed and Asset-Backed Securities:
Agency Residential Mortgage-Backed Securities		—		407,619		—		407,619
Residential Mortgage Obligations		—		54,104		—		54,104
Asset-Backed Securities		—		328,753		—		328,753
Commercial Mortgage-Backed Securities		—		160,904		—		160,904
Subtotal	$	—	$	951,380	$	—	$	951,380
Corporate Exposures		—		897,479		—		897,479
Total Fixed Maturities	$	178,251	$	2,878,803	$	—	$	3,057,054
Equity Securities:
Common Stocks	$	52,439	$	—	$	—	$	52,439
Preferred Stocks		—		183,542		—		183,542
Total Equity Securities	$	52,439	$	183,542	$	—	$	235,981
Short-Term Investments		6,480		—		—		6,480
Total Assets Measured at Fair Value	$	237,170	$	3,062,345	$	—	$	3,299,515
Senior Notes	$	—	$	277,951	$	—	$	277,951
Total Liabilities Measured at Fair Value	$	—	$	277,951	$	—	$	277,951