Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investments:
Fixed maturities, available for sale, at fair value (amortized cost: $1,152,779 and $1,187,857, allowance for expected credit losses of $678 and $691)	$ 1,050,155	$ 1,218,279
Equity securities, at fair value (cost: $231,444 and $211,848)	240,155	264,945
Other invested assets	112,850	87,911
Total investments	1,403,160	1,571,135
Cash and cash equivalents	25,300	63,603
Accounts receivable, net of allowance for expected credit losses of $1,446 and $1,808	192,542	170,953
Receivable for securities sold	877	9,256
Accrued investment income	8,212	7,401
Taxes recoverable		1,508
Receivable from reinsurers related to paid loss and loss adjustment expenses	12,988	18,234
Receivable from reinsurers related to unpaid loss and loss adjustment expenses	93,394	90,667
Ceded unearned premiums	28,453	23,795
Deferred policy acquisition costs	75,582	73,024
Deferred income taxes	21,074
Equity and deposits in pools	33,648	33,592
Operating lease right-of-use-assets	23,336	27,115
Goodwill	17,093
Intangible assets	7,856
Other assets	29,054	27,108
Total assets	1,972,569	2,117,391
Liabilities
Loss and loss adjustment expense reserves	549,598	570,651
Unearned premium reserves	433,375	413,487
Accounts payable and accrued liabilities	73,875	76,598
Payable for securities purchased	1,359	16,477
Payable to reinsurers	11,444	9,192
Deferred income taxes		15,240
Taxes payable	1,729
Debt	35,000	30,000
Operating lease liabilities	23,336	27,115
Other liabilities	30,854	31,458
Total liabilities	1,160,570	1,190,218
Commitments and contingencies (Note 8)
Shareholders' equity
Common stock: $0.01 par value; 30,000,000 shares authorized; 17,879,095 and 17,813,370 shares issued	179	178
Additional paid-in capital	222,049	216,070
Accumulated other comprehensive (loss) income, net of taxes	(80,538)	24,579
Retained earnings	815,309	821,743
Treasury stock, at cost: 3,083,364 and 2,970,573 shares	(145,000)	(135,397)
Total shareholders' equity	811,999	927,173
Total liabilities and shareholders' equity	$ 1,972,569	$ 2,117,391