Consolidated Balance Sheets (USD $)	Sep. 30, 2011	Dec. 31, 2010
Fixed maturities
Held to maturity, at amortized cost	$ 59,706,672	$ 64,766,429
Available for sale, at fair value	625,636,087	603,846,201
Equity securities, available for sale, at fair value	11,128,097	10,161,614
Investments in affiliates	31,867,120	8,991,577
Short-term investments, at cost, which approximates fair value	60,172,130	40,775,993
Total investments	788,510,106	728,541,814
Cash	12,910,189	16,342,212
Accrued investment income	6,463,583	7,365,171
Premiums receivable	105,835,584	96,467,949
Reinsurance receivable	196,792,349	173,836,746
Deferred policy acquisition costs	37,773,096	34,445,579
Deferred tax asset, net	9,998,718	11,988,169
Prepaid reinsurance premiums	109,895,989	89,365,771
Property and equipment, net	6,324,287	7,069,086
Accounts receivable - securities	0	428,983
Federal income taxes recoverable	2,208,744	948,325
Goodwill	5,625,354	5,493,316
Other intangible assets	958,010	958,010
Other	1,425,241	1,368,392
Total assets	1,284,721,250	1,174,619,523
Liabilities
Unpaid losses and loss expenses	414,355,657	383,318,672
Unearned premiums	346,857,279	297,272,161
Accrued expenses	19,696,401	21,287,406
Reinsurance balances payable	21,533,977	19,140,322
Borrowings under line of credit	54,500,000	35,617,371
Cash dividends declared to stockholders	0	2,870,955
Subordinated debentures	20,465,000	20,465,000
Accounts payable - securities	9,852,827	0
Payable for the purchase of Michigan Insurance Company	0	7,207,471
Due to affiliate	5,435,894	2,926,104
Drafts payable	2,578,471	1,304,779
Other	1,787,942	3,106,472
Total liabilities	897,063,448	794,516,713
Stockholders' Equity
Preferred stock, $1.00 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital	170,275,270	167,093,504
Accumulated other comprehensive income	21,372,948	8,561,086
Retained earnings	206,476,253	213,435,095
Treasury stock	(10,730,328)	(9,249,933)
Total stockholders' equity	387,657,802	380,102,810
Total liabilities and stockholders' equity	1,284,721,250	1,174,619,523
Class A Shares
Stockholders' Equity
Common stock value	207,167	206,566
Total stockholders' equity	207,167	206,566
Class B Shares
Stockholders' Equity
Common stock value	56,492	56,492
Total stockholders' equity	$ 56,492	$ 56,492