Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2012

Reportable Segments [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table provides certain revenue and profit and loss information for each reportable segment.  All amounts presented are computed based upon U.S. generally accepted accounting principles.  Segment profit for Property and Casualty Insurance includes the direct marketing agency operations conducted by the parent company for this segment and is computed after elimination of inter-company commissions.

	2012						2011
	Direct and Assumed Premium Written		Net  Premium Earned		Segment  Profit		Direct and  Assumed Premium Written		Net Premium Earned		Segment Profit (Loss)
Three months ended June 30:
Property and Casualty Insurance	$	64,760	$	48,167	$	6,872	$	67,309	$	47,352	$	6,147
Reinsurance		14,094		11,488		5,314		15,722		14,992		(12,470	)
Totals	$	78,854	$	59,655	$	12,186	$	83,031	$	62,344	$	(6,323	)
Six months ended June 30:
Property and Casualty Insurance	$	139,986	$	96,076	$	13,795	$	139,413	$	92,870	$	7,600
Reinsurance		28,920		25,130		11,461		28,749		27,075		(35,219	)
Totals	$	168,906	$	121,206	$	25,256	$	168,162	$	119,945	$	(27,619	)

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table reconciles reportable segment income (loss) to the Company's consolidated income (loss) before federal income taxes.

	Three Months Ended						Six Months Ended
	June 30						June 30
	2012			2011			2012			2011
Profit (Loss):
Segment profit (loss)	$	12,186		$	(6,323	)	$	25,256		$	(27,619	)
Net investment income		2,431			2,644			4,853			5,297
Net losses on investments		(5,453	)		(1,963	)		(73	)		(3,432	)
Corporate expenses		(3,904	)		(3,050	)		(7,778	)		(6,655	)
Income (loss) before federal income taxes	$	5,260		$	(8,692	)	$	22,258		$	(32,409	)