Consolidated Balance Sheets (USD $)	Sep. 30, 2012	Dec. 31, 2011
Fixed maturities
Held to maturity, amortized cost	$ 43,888,265	$ 58,489,619
Available for sale, at fair value	687,478,911	646,598,178
Equity securities, available for sale, at fair value	2,582,602	7,437,538
Investments in affiliates	36,672,972	32,322,246
Short-term investments, at cost, which approximates fair value	32,785,642	40,461,410
Total investments	803,408,392	785,308,991
Cash	20,041,988	13,245,378
Accrued investment income	6,595,607	6,713,038
Premiums receivable	121,335,888	104,715,327
Reinsurance receivable	208,912,086	209,823,907
Deferred policy acquisition costs	40,968,975	36,424,955
Deferred tax asset, net	2,431,511	9,919,720
Prepaid reinsurance premiums	114,686,364	106,450,018
Property and equipment, net	5,489,355	6,154,383
Accounts receivable - securities	557,537	1,507,500
Federal income taxes recoverable	3,676,164	2,661,808
Due from affiliate	795,748
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	1,232,427	1,285,089
Total assets	1,336,715,406	1,290,793,478
Liabilities
Unpaid losses and loss expenses	446,654,358	442,407,615
Unearned premiums	373,751,109	336,937,261
Accrued expenses	17,253,046	20,956,549
Reinsurance balances payable	17,436,361	20,039,339
Borrowings under line of credit	49,690,694	54,500,000
Cash dividends declared to stockholders		2,996,076
Subordinated debentures	20,465,000	20,465,000
Accounts payable - securities	5,416,888
Due to affiliate		5,386,391
Drafts payable	1,352,724	1,548,953
Other	1,806,641	2,104,702
Total liabilities	933,826,821	907,341,886
Stockholders' Equity
Preferred stock, $1.00 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital	173,234,072	170,836,943
Accumulated other comprehensive income	29,447,156	23,533,447
Retained earnings	212,078,748	199,604,700
Treasury stock	(12,136,900)	(10,787,520)
Total stockholders' equity	402,888,585	383,451,592
Total liabilities and stockholders' equity	1,336,715,406	1,290,793,478
Common Class A
Stockholders' Equity
Common stock value	209,017	207,530
Total stockholders' equity	209,017	207,530
Common Class B
Stockholders' Equity
Common stock value	56,492	56,492
Total stockholders' equity	$ 56,492	$ 56,492