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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Investments:    
Fixed income securities (Amortized cost: $894,468, $783,047; allowance for credit losses of $1,035 and $0) $ 919,692 $ 795,538
Equity securities 58,169 76,812
Limited partnerships 7,214 23,292
Commercial mortgage loans (less allowance of $195 and $0) 10,602 11,782
Short-term and other 1,000 1,000
Total Investments 996,677 908,424
Cash and cash equivalents 58,301 67,851
Restricted cash and cash equivalents 12,128 21,037
Accounts receivable (less allowance of $19,960 and $2,233) 100,921 111,762
Accrued investment income 4,816 4,882
Reinsurance recoverable (less allowance of $972 and $1,171) 455,564 432,067
Prepaid reinsurance premiums 11,747 5,820
Deferred policy acquisition costs 9,744 8,496
Property and equipment (less accumulated depreciation of $25,959 and $20,091) 38,144 42,542
OtherAssets 25,805 24,566
Current federal income taxes 0 4,878
Deferred federal income taxes 8,980 2,035
Total Assets 1,722,827 1,634,360
Reserves:    
Losses and loss expenses 1,089,669 988,305
Unearned premiums 63,731 74,810
Total Reserves 1,153,400 1,063,115
Reinsurance payable 76,617 65,835
Short-term borrowings 20,000 20,000
Depository liabilities 110 18
AccountsPayableAndOtherAccruedLiabilities 108,852 121,076
Current federal income taxes payable 766 0
Total Liabilities 1,359,745 1,270,044
Shareholders' equity:    
Additional paid-in capital 54,571 53,349
Accumulated other comprehensive income 21,759 9,369
Retained earnings 286,143 300,988
Total Shareholders' Equity 363,082 364,316
Total Liabilities and Shareholders' Equity 1,722,827 1,634,360
Class A Voting [Member]    
Shareholders' equity:    
Common stock 111 111
Class B Non-voting [Member]    
Shareholders' equity:    
Common stock $ 498 $ 499