Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Investments:
Fixed maturities, available for sale, at fair value (amortized cost: $1,151,367 and $1,187,857, allowance for expected credit losses of $691 and $691)	$ 1,072,241	$ 1,218,279
Short term investments, at fair value (cost: $5 and $0)	5
Equity securities, at fair value (cost: $223,519 and $211,848)	234,697	264,945
Other invested assets	103,634	87,911
Total investments	1,410,577	1,571,135
Cash and cash equivalents	39,083	63,603
Accounts receivable, net of allowance for expected credit losses of $1,677 and $1,808	182,835	170,953
Receivable for securities sold	872	9,256
Accrued investment income	7,100	7,401
Taxes recoverable	16,153	1,508
Receivable from reinsurers related to paid loss and loss adjustment expenses	10,738	18,234
Receivable from reinsurers related to unpaid loss and loss adjustment expenses	88,538	90,667
Ceded unearned premiums	26,407	23,795
Deferred policy acquisition costs	73,518	73,024
Deferred income taxes	1,803
Equity and deposits in pools	36,369	33,592
Operating lease right-of-use-assets	25,348	27,115
Other assets	28,065	27,108
Total assets	1,947,406	2,117,391
Liabilities
Loss and loss adjustment expense reserves	548,145	570,651
Unearned premium reserves	421,455	413,487
Accounts payable and accrued liabilities	54,663	76,598
Payable for securities purchased	5,192	16,477
Payable to reinsurers	13,343	9,192
Deferred income taxes		15,240
Debt	30,000	30,000
Operating lease liabilities	25,348	27,115
Other liabilities	30,637	31,458
Total liabilities	1,128,783	1,190,218
Commitments and contingencies (Note 8)
Shareholders' equity
Common stock: $0.01 par value; 30,000,000 shares authorized; 17,881,694 and 17,813,370 shares issued	179	178
Additional paid-in capital	219,453	216,070
Accumulated other comprehensive (loss) income, net of taxes	(61,964)	24,579
Retained earnings	810,955	821,743
Treasury stock, at cost: 3,141,477 and 2,970,573 shares	(150,000)	(135,397)
Total shareholders' equity	818,623	927,173
Total liabilities and shareholders' equity	$ 1,947,406	$ 2,117,391