Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Investments: Securities available for sale:
Fixed maturities, at fair value (amortized cost: $1,142,663 and $1,063,971)	$ 1,154,269	$ 1,081,637
Equity securities, at fair value (cost: $92,326 and $102,541)	105,095	110,204
Other invested assets	21,142	17,602
Total investments	1,280,506	1,209,443
Cash and cash equivalents	20,052	47,494
Accounts receivable, net of allowance for doubtful accounts	187,696	178,567
Receivable for securities sold	7,098	260
Accrued investment income	8,858	8,922
Taxes recoverable		15,497
Receivable from reinsurers related to paid loss and loss adjustment expenses	29,504	40,972
Receivable from reinsurers related to unpaid loss and loss adjustment expenses	83,724	68,261
Ceded unearned premiums	28,585	23,222
Deferred policy acquisition costs	70,996	68,937
Deferred income taxes	3,083	4,430
Equity and deposits in pools	24,675	23,558
Other assets	13,469	14,306
Total assets	1,758,246	1,703,869
Liabilities
Loss and loss adjustment expense reserves	560,321	553,977
Unearned premium reserves	418,033	401,961
Accounts payable and accrued liabilities	66,805	53,722
Payable for securities purchased	5,564	8,607
Payable to reinsurers	13,502	11,547
Taxes payable	1,110
Other liabilities	22,185	29,556
Total liabilities	1,087,520	1,059,370
Commitments and contingencies (Note 7)
Shareholders' equity
Common stock: $0.01 par value; 30,000,000 shares authorized; 17,430,189 and 17,373,643 shares issued	174	174
Additional paid-in capital	184,549	179,896
Accumulated other comprehensive income, net of taxes	15,843	16,464
Retained earnings	553,995	531,800
Treasury stock, at cost: 2,279,570 shares	(83,835)	(83,835)
Total shareholders' equity	670,726	644,499
Total liabilities and shareholders' equity	$ 1,758,246	$ 1,703,869