Condensed Consolidated Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
ASSETS
Fixed income securities available for sale, at fair value (amortized cost $653,989 in 2011 and $665,761 in 2010)	$ 670,375	$ 672,968
Cash and cash equivalents	29,210	15,958
Premiums receivable, net	20,655	15,023
Deferred premiums, net	169,483	168,842
Reinsurance recoverables	81,042	56,746
Federal income tax recoverable	12,743	11,749
Deferred income taxes, net	24,313	23,458
Deferred policy acquisition costs, net	25,762	25,574
Goodwill	2,794	2,794
Other assets	34,141	33,450
Total assets	1,070,518	1,026,562
LIABILITIES AND STOCKHOLDERS’ EQUITY
Unpaid loss and loss adjustment expense	490,929	440,919
Unearned premiums	156,499	155,786
Reinsurance funds withheld and balances payable	6,396	6,739
Premiums payable	7,573	8,645
Accrued expenses and other liabilities	56,184	51,456
Surplus notes	12,000	12,000
Total liabilities	729,581	675,545
Contingencies (Note 7)
Series A preferred stock, $0.01 par value; 750,000 shares authorized; no shares issued and outstanding
Undesignated preferred stock, $0.01 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.01 par value; 75,000,000 shares authorized; issued and outstanding – 22,408,739 shares at June 30, 2011 and 22,025,450 shares at December 31, 2010	224	220
Paid-in capital	211,751	209,941
Accumulated other comprehensive income	11,493	5,591
Retained earnings	117,469	135,265
Total stockholders’ equity	340,937	351,017
Total liabilities and stockholders’ equity	$ 1,070,518	$ 1,026,562