Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net Income (Unaudited)	$ 14,230	$ 3,094
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	212	19
Net amortization of premiums on investments in fixed maturity securities	111	61
Depreciation and amortization	637	158
Deferred income taxes	3,698	2,026
Realized gains on sales of investments	(30)	(293)
Gain on bargain purchase	(179)	(936)
Changes in operating assets and liabilities:
Premiums receivable	(8,516)	(4,441)
Assumed reinsurance balances receivable	1,687	26
Advance premiums	6,872	5,786
Prepaid reinsurance premiums	(12,315)	8,921
Accrued interest and dividends receivable	(138)	(6)
Income taxes receivable	(4,900)	(3,033)
Other assets	(445)	(476)
Assumed reinsurance balances payable	1,389	51
Deferred policy acquisition costs	(155)	(655)
Losses and loss adjustment expenses	9,889	2,827
Unearned premiums	11,752	5,496
Income taxes payable	(4,956)	(310)
Accrued expenses and other liabilities	5,131	4,568
Net cash provided by operating activities	23,974	22,883
Cash flows from investing activities:
Cash consideration paid for acquired business	(8,157)	(5,110)
Purchase of property and equipment, net	(480)	(1,843)
Purchase of other investments	(967)
Purchase of fixed maturity securities	(6,710)	(14,165)
Purchase of equity securities	(4,844)	(5,330)
Proceeds from sales, calls, and repayments of fixed maturity securities	2,419	19,614
Proceeds from sales of equity securities	1,512	1,106
Decrease (Increase) in time deposits, net	5,243	(273)
Net cash used in investing activities	(11,984)	(6,001)
Cash flows from financing activities:
Net proceeds from the issuance of common stock	20,082
Net proceeds from the issuance of preferred stock		11,307
Proceeds from the exercise of common stock options		363
Proceeds from the exercise of common stock warrants	1,375
Cash dividends paid	(3,151)	(1,382)
Repurchases of common stock		(1,887)
Excess tax benefit from common stock options exercised	437	124
Net cash provided by financing activities	18,743	8,525
Net increase in cash and cash equivalents	30,733	25,407
Cash and cash equivalents at beginning of period	100,355	58,849
Cash and cash equivalents at end of period	131,088	80,256
Supplemental disclosure of cash flow information:
Cash paid for income taxes	14,880	3,176
Cash paid for interest
Non-cash investing activities:
Unrealized (loss) gain on investments in available for sale securities, net of tax	872	(16)
Fair value of net assets acquired in connection with business acquisition	$ 8,267	$ 5,685