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Unaudited Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Net premiums earned $ 61,775 $ 59,655 $ 122,873 $ 121,206
Net investment income 1,985 2,431 4,395 4,853
Commissions and other income 1,539 1,623 2,922 3,128
Net realized gains on investments, excluding impairment losses 787 (5,108) 15,140 272
Total other-than-temporary impairment losses on investments (68) (345) (74) (345)
Net realized gains (losses) on investments 719 (5,453) 15,066 (73)
Total revenue 66,018 58,256 145,256 129,114
Expenses        
Losses and loss expenses incurred 38,343 33,739 72,876 68,643
Other operating expenses 20,413 19,257 42,439 38,213
Total expenses 58,756 52,996 115,315 106,856
Income before federal income taxes 7,262 5,260 29,941 22,258
Federal income taxes 2,355 1,210 10,091 6,702
Net income $ 4,907 $ 4,050 $ 19,850 $ 15,556
Per share data:        
Basic and diluted earnings (in dollars per share) $ 0.33 $ 0.27 $ 1.33 $ 1.05
Dividends paid to shareholders (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50
Reconciliation of shares outstanding:        
Average shares outstanding - basic (in shares) 14,910 14,837 14,894 14,832
Dilutive effect of share equivalents (in shares) 8 23 24 24
Average shares outstanding - diluted (in shares) 14,918 14,860 14,918 14,856