CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
ASSETS
Cash and cash equivalents	$ 115,397		$ 117,275
Restricted cash and cash equivalents	2,635		2,600
Fixed maturities, at fair value	353,949		289,418
Equity securities, at fair value	19,642		65,022
Short-term investments, at fair value	49,990
Prepaid reinsurance premiums	190,505		241,214
Reinsurance recoverable	55,187		107,847
Reinsurance receivable, net	7,468		203
Premiums receivable, net	50,987		46,461
Other receivables	2,763		2,587
Property and equipment, net	17,254		9,289
Deferred policy acquisition costs, net	25,660		15,899
Income taxes recoverable	5,675		8,152
Deferred income tax asset, net	11,850		12,051
Other assets	2,812		2,072
Total assets	911,774		920,090
LIABILITIES:
Unpaid losses and loss adjustment expenses	134,353		159,222
Unearned premiums	395,748		383,488
Advance premium	17,919		22,959
Accounts payable	4,121		3,441
Book overdraft	5,924		14,947
Reinsurance payable, net	66,066		86,232
Income taxes payable	1,799		2,566
Other liabilities and accrued expenses	36,318		34,386
Long-term debt	30,610		37,240
Total liabilities	692,858		744,481
Commitments and Contingencies (Note 15)
Contingently redeemable common stock - Authorized shares - 1,000, Outstanding shares - 1,000 (12/31/2014 Pro-Forma Balance $0, See Note 8)	19,000
STOCKHOLDERS' EQUITY:
Cumulative convertible preferred stock, $.01 par value Authorized shares - 1,000 Issued shares - 12 and 30 Outstanding shares - 12 and 30 Minimum liquidation preference, $8.49 and $6.98 per share
Common stock, $.01 par value Authorized shares - 55,000 Issued shares - 43,769 and 43,641 Outstanding shares - 34,102 and 35,366	448		436
Treasury shares, at cost - 9,667 and 8,275	(62,153)		(35,467)
Additional paid-in capital (See Notes 8 and 18)	40,987		42,282
Accumulated other comprehensive income (loss), net of taxes	(1,835)		(376)
Retained earnings	222,469		168,734
Total stockholders' equity (See Notes 8 and 18)	199,916	[1]	175,609
Total liabilities, contingently redeemable common stock and stockholders' equity	911,774		920,090
Pro-Forma Adjustment [Member]
LIABILITIES:
Commitments and Contingencies (Note 15)
Contingently redeemable common stock - Authorized shares - 1,000, Outstanding shares - 1,000 (12/31/2014 Pro-Forma Balance $0, See Note 8)	(19,000)
STOCKHOLDERS' EQUITY:
Cumulative convertible preferred stock, $.01 par value Authorized shares - 1,000 Issued shares - 12 and 30 Outstanding shares - 12 and 30 Minimum liquidation preference, $8.49 and $6.98 per share
Additional paid-in capital (See Notes 8 and 18)	19,000
Total stockholders' equity (See Notes 8 and 18)	19,000
Pro-Forma [Member]
ASSETS
Cash and cash equivalents	115,397
Restricted cash and cash equivalents	2,635
Fixed maturities, at fair value	353,949
Equity securities, at fair value	19,642
Short-term investments, at fair value	49,990
Prepaid reinsurance premiums	190,505
Reinsurance recoverable	55,187
Reinsurance receivable, net	7,468
Premiums receivable, net	50,987
Other receivables	2,763
Property and equipment, net	17,254
Deferred policy acquisition costs, net	25,660
Income taxes recoverable	5,675
Deferred income tax asset, net	11,850
Other assets	2,812
Total assets	911,774
LIABILITIES:
Unpaid losses and loss adjustment expenses	134,353
Unearned premiums	395,748
Advance premium	17,919
Accounts payable	4,121
Book overdraft	5,924
Reinsurance payable, net	66,066
Income taxes payable	1,799
Other liabilities and accrued expenses	36,318
Long-term debt	30,610
Total liabilities	692,858
Commitments and Contingencies (Note 15)
STOCKHOLDERS' EQUITY:
Cumulative convertible preferred stock, $.01 par value Authorized shares - 1,000 Issued shares - 12 and 30 Outstanding shares - 12 and 30 Minimum liquidation preference, $8.49 and $6.98 per share
Common stock, $.01 par value Authorized shares - 55,000 Issued shares - 43,769 and 43,641 Outstanding shares - 34,102 and 35,366	448
Treasury shares, at cost - 9,667 and 8,275	(62,153)
Additional paid-in capital (See Notes 8 and 18)	59,987
Accumulated other comprehensive income (loss), net of taxes	(1,835)
Retained earnings	222,469
Total stockholders' equity (See Notes 8 and 18)	218,916	[1]
Total liabilities, contingently redeemable common stock and stockholders' equity	$ 911,774

[1] See Note 8 - Stockholders’ Equity for an explanation of events subsequent to December 31, 2014 giving rise to pro-forma stockholders’ equity of $218.9 million as of December 31, 2014.