Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 5,140	$ 11,719
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization expense	1,923	1,448
Deferred federal income taxes	(669)	(1,834)
Net realized losses (gains)	2,404	(4,023)
Share-based payments expense	228	537
Change in ceded unearned premiums	(9,516)	(6,957)
Change in premiums receivable	(13,683)	(16,599)
Change in accounts receivable	(11)	1,013
Change in deferred policy acquisition costs	(258)	(564)
Change in unpaid losses and loss adjustment expenses	(7,266)	29,192
Change in unearned premiums	20,360	16,464
Change in reinsurance recoverable	(10,578)	(2,865)
Change in reinsurance balances payable	11,314	6,065
Change in current federal income tax recoverable	1,519	2,039
Change in all other liabilities	1,167	(2,345)
Change in all other assets	260	(412)
Net cash (used in) provided by operating activities	2,334	32,878
Cash flows from investing activities:
Purchases of property and equipment	(690)	(2,090)
Net transfers into restricted cash	(720)	(2,773)
Purchases of investment securities	(92,561)	(109,799)
Maturities, sales and redemptions of investment securities	73,876	67,489
Net cash used in investing activities	(20,095)	(47,173)
Cash flows from financing activities:
Proceeds from exercise of employee stock options		594
Purchase of treasury shares	(4,745)	(730)
Net cash used in financing activities	(4,745)	(136)
Decrease in cash and cash equivalents	(22,506)	(14,431)
Cash and cash equivalents at beginning of period	114,446	130,985
Cash and cash equivalents at end of period	91,940	116,554
Supplemental cash flow information:
Interest paid	2,254	2,274
Income taxes paid	1,486	5,040
Supplemental schedule of non-cash investing activities:
Change in receivable for securities related to investment disposals that settled after the balance sheet date	9,030	(1,635)
Change in payable for securities related to investment purchases that settled after the balance sheet date	$ 11,529	$ 2,091