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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturities (Amortized cost: 2017, $521,017; 2016, $494,561) $ 521,853 $ 491,904
Equity securities (Cost: 2017, $130,751; 2016, $64,902) 201,763 119,945
Limited partnerships (Affiliated: 2017, $43,586; 2016, $44,038) 70,806 76,469
Short-term and other 1,000 1,500
Total Investments 795,422 689,818
Cash and cash equivalents 64,680 62,976
Accounts receivable--less allowance (2017, $484; 2016, $542) 87,551 64,984
Accrued investment income 4,159 3,882
Reinsurance recoverable 318,331 255,024
Prepaid reinsurance premiums 4,578 2,674
Deferred policy acquisition costs 5,608 1,172
Property and equipment--less accumulated depreciation (2017, $16,614; 2016, $15,328) 47,317 47,225
Restricted cash and short-term investments 11,402 0
Other assets 11,030 23,779
Current federal income taxes recoverable 6,938 2,603
Total Assets 1,357,016 1,154,137
Reserves:    
Losses and loss expenses 680,274 576,330
Unearned premiums 53,085 21,694
Total Reserves 733,359 598,024
Reinsurance payable 62,308 43,150
Short-term borrowings 20,000 20,000
Depository liabilities 3,050 9,910
Accounts payable and other liabilities 105,130 67,296
Deferred federal income taxes 14,358 11,412
Total Liabilities 938,205 749,792
Shareholders' equity:    
Additional paid-in capital 55,078 54,286
Unrealized net gains on investments 46,700 34,051
Foreign exchange adjustment (309) (831)
Retained earnings 316,700 316,195
Shareholders' equity 418,811 404,345
Total liabilities and shareholders' equity 1,357,016 1,154,137
Class A Voting [Member]    
Shareholders' equity:    
Common stock 112 112
Class B Non-voting [Member]    
Shareholders' equity:    
Common stock $ 530 $ 532