XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities $ 470,983 $ 437,184
Equity securities 138,043 145,498
Limited partnerships 73,279 75,458
Short-term 2,215 2,220
Total Investments 684,520 660,360
Cash and cash equivalents 47,545 73,538
Accounts receivable 66,525 66,522
Reinsurance recoverable 229,740 215,888
Other assets 69,679 65,761
Current federal income taxes 0 3,702
Total Assets 1,098,009 1,085,771
Liabilities and shareholders' equity    
Reserves for losses and loss expenses 524,793 513,596
Reserves for unearned premiums 23,176 25,291
Short-term borrowings 20,000 20,000
Accounts payable and accrued expenses 121,530 121,188
Current federal income taxes 1,140 0
Deferred federal income taxes 9,145 11,198
Total Liabilities 699,784 691,273
Shareholders' equity:    
Additional paid-in capital 54,167 52,946
Unrealized net gains on investments 30,874 38,924
Foreign exchange adjustment (647) (1,066)
Retained earnings 313,188 303,053
Shareholders' equity 398,225 394,498
Total liabilities and shareholders' equity 1,098,009 1,085,771
Class A Voting [Member]    
Shareholders' equity:    
Common stock 112 112
Class B Non-voting [Member]    
Shareholders' equity:    
Common stock $ 531 $ 529