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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities $ 508,802 $ 491,904
Equity securities 135,514 119,945
Limited partnerships 65,739 76,469
Short-term and other 1,500 1,500
Total Investments 711,555 689,818
Cash and cash equivalents 61,761 62,976
Accounts receivable 67,303 64,984
Reinsurance recoverable 262,423 255,024
Other assets 75,148 78,732
Current federal income taxes recoverable 0 2,603
Total Assets 1,178,190 1,154,137
Liabilities and shareholders' equity    
Reserves for losses and loss expenses 578,841 576,330
Reserves for unearned premiums 25,968 21,694
Short-term borrowings 20,000 20,000
Accounts payable and other liabilities 125,375 120,356
Current federal income taxes 946 0
Deferred federal income taxes 14,158 11,412
Total Liabilities 765,288 749,792
Shareholders' equity:    
Additional paid-in capital 54,766 54,286
Unrealized net gains on investments 39,386 34,051
Foreign exchange adjustment (766) (831)
Retained earnings 318,871 316,195
Shareholders' equity 412,902 404,345
Total liabilities and shareholders' equity 1,178,190 1,154,137
Class A Voting [Member]    
Shareholders' equity:    
Common stock 112 112
Class B Non-voting [Member]    
Shareholders' equity:    
Common stock $ 533 $ 532