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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities (Amortized cost: 2015, $442,578; 2014, $455,385) $ 437,184 $ 451,809
Equity securities (Cost: 2015, $80,221; 2014, $78,778) 145,498 162,107
Limited partnerships (Affiliated: 2015, $45,009; 2014, $46,987) 75,458 81,230
Short-term and other 2,220 2,966
Total Investments 660,360 698,112
Cash and cash equivalents 73,538 64,632
Accounts receivable--less allowance (2015, $600; 2014, $605) 66,522 98,144
Accrued investment income 3,989 3,682
Reinsurance recoverable 215,888 220,221
Prepaid reinsurance premiums 3,176 2,274
Deferred policy acquisition costs 1,443 2,263
Property and equipment--less accumulated depreciation (2015, $14,768; 2014, $13,777) 46,144 43,815
Other assets 11,009 9,413
Current federal income taxes recoverable 3,702 1,691
Total Assets 1,085,771 1,144,247
Reserves:    
Losses and loss expenses 513,596 506,102
Unearned premiums 25,291 35,019
Total Reserves 538,887 541,121
Reinsurance payable 47,565 46,338
Short-term borrowings 20,000 20,000
Depository liabilities 16,847 48,893
Accounts payable and other liabilities 56,776 68,426
Deferred federal income taxes 11,198 19,973
Total Liabilities 691,273 744,751
Shareholders' equity:    
Additional paid-in capital 52,946 51,854
Unrealized net gains on investments 38,924 51,840
Foreign exchange adjustment (1,066) 390
Retained earnings 303,053 294,773
Shareholders' equity 394,498 399,496
Total liabilities and shareholders' equity 1,085,771 1,144,247
Class A (voting) [Member]    
Shareholders' equity:    
Common stock 112 112
Class B (non-voting) [Member]    
Shareholders' equity:    
Common stock $ 529 $ 527