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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Investments:    
Available-for-sale, at fair value $ 3,093,156  
Equity Securities, at fair value (cost: 2018: $361,418; 2017: $224,159) 339,892  
Equity Securities, at fair value (cost: 2018: $361,418; 2017: $224,159)   $ 235,981
Other Invested Assets 48,406 30,488
Total Investments 3,481,454 3,330,003
Cash and Cash Equivalents 155,834 102,735
Restricted Cash and Cash Equivalents 66,320 56,229
Premiums Receivable 380,576 351,393
Prepaid Reinsurance Premiums 226,723 228,569
Reinsurance Recoverable on Paid Losses 118,259 72,494
Reinsurance Recoverable on Unpaid Losses and Loss Adjustment Expenses 820,189 809,765
Deferred Policy Acquisition Costs 158,080 135,249
Accrued Investment Income 22,168 19,480
Goodwill and Other Intangible Assets 27,146 6,596
Current Income Tax Receivable, Net 0 16,667
Deferred Income Tax Asset 49,893 22,271
Other Assets 96,807 73,171
Total Assets 5,603,449 5,224,622
Liabilities:    
Reserves for Losses and Loss Adjustment Expenses 2,743,973 2,515,145
Unearned Premiums 1,102,735 987,681
Reinsurance Balances Payable 145,027 136,192
Senior Notes 264,052 263,885
Current Income Tax Payable, Net 1,594 0
Deferred Income Tax Liability 7,596 0
Accounts Payable and Other Liabilities 151,622 95,754
Total Liabilities 4,416,599 3,998,657
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 36,805 shares for 2018 and 36,530 shares for 2017) 3,678 3,650
Additional Paid-In Capital 378,274 376,868
Treasury Stock, at cost (7,023 shares for 2018 and 2017) (155,801) (155,801)
Retained Earnings 1,012,220 981,380
Accumulated Other Comprehensive Income (Loss) (51,521) 19,868
Total Stockholders' Equity 1,186,850 1,225,965
Total Liabilities and Stockholders' Equity 5,603,449 5,224,622
Fixed Maturities    
Investments:    
Available-for-sale, at fair value 3,082,923 3,057,054
Short-Term Investments    
Investments:    
Available-for-sale, at fair value $ 10,233 $ 6,480