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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities:      
Net Income $ 34,239 $ 40,494 $ 82,726
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation & Amortization 3,675 3,645 5,429
Amortization of Finite-Lived Intangible Assets 657 0 0
Share-Based Compensation 6,786 13,829 17,624
Deferred Income Taxes (14,366) (8,879) (5,755)
Total Net Realized and Unrealized (Gains) Losses 30,348 (43,009) (9,036)
Changes in Assets And Liabilities:      
Reinsurance Recoverable on Paid and Unpaid Losses and Loss Adjustment Expenses (39,224) (20,399) (2,835)
Reserves for Losses and Loss Adjustment Expenses 198,818 225,132 87,083
Prepaid Reinsurance Premiums 4,346 (15,168) 19,211
Unearned Premiums 104,781 100,160 66,668
Premiums Receivable (31,308) (45,035) (30,070)
Deferred Policy Acquisition Costs (22,969) (15,552) (27,677)
Accrued Investment Income (2,712) (2,139) (1,314)
Reinsurance Balances Payable 8,875 27,362 1,568
Current Income Tax Receivable/Payable, Net 17,674 3,966 (1,988)
Other 42,718 936 27,791
Net Cash Provided by Operating Activities 342,338 265,343 229,425
Fixed Maturities      
Redemptions and Maturities 418,367 373,380 275,706
Sales 358,309 225,962 446,666
Purchases (887,996) (1,008,537) (962,419)
Equity Securities      
Sales   207,838 54,798
Sales 34,617    
Purchases   (62,887) (92,329)
Purchases (126,746)    
Net Sales and Purchases of Other Invested Assets (19,097) (933) (7,519)
Net Sales, Maturities and Purchases of Short-Term Investments (4,179) 2,487 88,349
Net Change in Unsettled Security Transactions (2,194) 2,135 (1,517)
Purchase of Subsidiaries, Net of Acquired Cash (22,383) 0 0
Net Purchase of Property and Equipment (8,845) (3,474) (3,918)
Net Cash Used in Investing Activities (260,147) (264,029) (202,183)
Financing Activities:      
Proceeds from Employee Stock Purchase Plan 2,008 2,076 1,840
Payment of Employee Tax Withholding on Stock Compensation (8,456) (13,887) (5,198)
Dividends Paid (8,319) (6,633) (3,930)
Net Cash Used in Financing Activities (14,767) (18,444) (7,288)
Effect of Exchange Rate on Unrestricted and Restricted Cash and Cash Equivalents (4,234) 3,248 (15,963)
Change in Unrestricted and Restricted Cash and Cash Equivalents 63,190 (13,882) 3,991
Unrestricted and Restricted Cash and Cash Equivalents at Beginning of Year 158,964 172,846 168,855
Unrestricted and Restricted Cash and Cash Equivalents at End of Period 222,154 158,964 172,846
Supplemental Information:      
Income Taxes Paid, Net 21,422 39,689 34,830
Interest Paid 15,238 15,238 15,238
Issuance of Stock to Directors $ 783 $ 578 $ 633