Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income	$ 85,246	$ 71,499
Adjustments to reconcile net income to net cash provided by operating activities:
Investment amortization, net	4,832	3,603
Fixed Asset depreciation, net	5,318	3,854
Stock based compensation	5,793	4,545
(Credit) Provision for deferred income taxes	(2,078)	1,129
Net realized losses (gains) on investments	683	(1,513)
Net impairment losses on investments		397
Credit loss expense	2,289
Losses (earnings) from partnership investments	2,167	(1,004)
Change in net unrealized gains on equity investments	5,639	(15,168)
Changes in assets and liabilities:
Accounts receivable	(598)	(19,844)
Accrued investment income	(740)	(1,055)
Receivable from reinsurers	8,028	(29,004)
Ceded unearned premiums	12,873	(1,131)
Deferred policy acquisition costs	(5,492)	(4,989)
Taxes recoverable	1,003	(1,454)
Other assets	(7,237)	(5,268)
Loss and loss adjustment expense reserves	(24,077)	16,740
Unearned premium reserves	4,938	30,623
Taxes payable	160	(6,090)
Accounts payable and accrued liabilities	(3,757)	(9,982)
Payable to reinsurers	6,424	20,881
Other liabilities	(25,302)	12,882
Net cash provided by operating activities	76,112	69,651
Cash flows from investing activities:
Fixed maturities purchased	(123,449)	(148,624)
Equity securities purchased	(41,386)	(18,330)
Other invested assets purchased	(7,692)	(10,206)
Proceeds from sales and paydowns of fixed maturities	97,498	114,376
Proceeds from maturities, redemptions, and calls of fixed maturities	52,355	31,276
Proceed from sales of equity securities	21,122	16,349
Proceeds from other invested assets redeemed	180	687
Fixed assets purchased	(8,125)	(6,355)
Net cash used for investing activities	(9,497)	(20,827)
Cash flows from financing activities:
Debt	30,000
Dividends paid to shareholders	(41,274)	(38,924)
Acquisition of treasury stock	(39,999)
Net cash used for financing activities	(51,273)	(38,924)
Net increase in cash and cash equivalents	15,342	9,900
Cash and cash equivalents at beginning of year	44,407	37,582
Cash and cash equivalents at end of period	$ 59,749	$ 47,482