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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Investments    
Held-to-maturity, at amortized cost (fair value $1,883 in 2012 and $4,161 in 2011) $ 1,847 $ 4,143
Available-for-sale, at fair value (amortized cost $2,667,040 in 2012 and $2,562,786 in 2011) 2,830,707 2,697,248
Equity securities, at fair value (amortized cost $68,959 in 2012 and $68,559 in 2011) 179,724 159,451
Trading securities, at fair value (amortized cost $13,547 in 2012 and $13,429 in 2011) 14,498 13,454
Mortgage loans 4,683 4,829
Policy loans 7,308 7,209
Other long-term investments 29,499 20,574
Short-term investments 800 1,100
Total Investments 3,069,066 2,908,008
Cash and cash equivalents 82,566 144,527
Accrued investment income 31,229 32,219
Premiums receivable (net of allowance for doubtful accounts of $849 in 2012 and $825 in 2011) 203,592 172,348
Deferred policy acquisition costs 100,146 106,654
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $34,891 in 2012 and $35,248 in 2011) 43,105 45,644
Reinsurance receivables and recoverables 147,625 128,574
Prepaid reinsurance premiums 3,162 6,191
Income taxes receivable 15,783 26,742
Goodwill and intangible assets 28,895 30,801
Other assets 12,641 17,216
TOTAL ASSETS 3,737,810 3,618,924
Liabilities    
Property and casualty insurance 965,685 945,051
Life insurance 1,508,998 1,476,281
Unearned premiums 324,338 288,991
Accrued expenses and other liabilities 152,503 138,210
Deferred income taxes 32,464 13,624
Debt 0 45,000
Trust preferred securities 0 15,626
TOTAL LIABILITIES 2,983,988 2,922,783
Stockholders' Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,417,390 and 25,505,350 shares issued and outstanding in 2012 and 2011, respectively 25 25
Additional Paid In Capital 212,281 213,045
Retained earnings 431,660 400,485
Accumulated other comprehensive income, net of tax 109,856 82,586
TOTAL STOCKHOLDERS' EQUITY 753,822 696,141
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,737,810 $ 3,618,924