Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investments:
Fixed maturities	$ 486,137	$ 437,184
Equity securities	134,454	145,498
Limited partnerships	77,197	75,458
Short-term	1,500	2,220
Total Investments	699,288	660,360
Cash and cash equivalents	67,372	73,538
Accounts receivable	62,195	66,522
Reinsurance recoverable	242,183	215,888
Other assets	70,570	65,761
Current federal income taxes	3,770	3,702
Total Assets	1,145,378	1,085,771
Liabilities and shareholders' equity
Reserves for losses and loss expenses	565,559	513,596
Reserves for unearned premiums	21,916	25,291
Short-term borrowings	20,000	20,000
Accounts payable and accrued expenses	118,200	121,188
Deferred federal income taxes	12,781	11,198
Total Liabilities	738,456	691,273
Shareholders' equity:
Additional paid-in capital	54,286	52,946
Unrealized net gains on investments	37,410	38,924
Foreign exchange adjustment	(668)	(1,066)
Retained earnings	315,250	303,053
Shareholders' equity	406,922	394,498
Total liabilities and shareholders' equity	1,145,378	1,085,771
Class A Voting [Member]
Shareholders' equity:
Common stock	112	112
Class B Non-voting [Member]
Shareholders' equity:
Common stock	$ 532	$ 529