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Condensed Consolidated Balance Sheets Statement (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Investments available for sale, at fair value:    
Fixed maturities $ 127,450 $ 50,683
Equity securities 3,773 3,615
Other long-term investments 300 300
Total investments 131,523 54,598
Cash and cash equivalents 46,960 71,644
Accrued investment income 929 414
Premiums receivable, net 14,845 7,825
Reinsurance recoverable on paid and unpaid losses 19,928 27,304
Prepaid reinsurance premiums 84,230 38,307
Deferred policy acquisition costs 13,632 9,342
Other assets 8,241 4,187
Total Assets 320,288 213,621
Liabilities:    
Unpaid losses and loss adjustment expenses 44,057 47,414
Unearned premiums 108,607 77,161
Reinsurance payable 86,043 14,982
Other liabilities 17,296 10,536
Notes payable, net of unamortized discount 17,647 18,235
Total Liabilities 273,650 168,328
Commitments and contingencies (Note 9)    
Stockholders' Equity:    
Preferred stock 0 0
Common stock 1 1
Additional paid-in capital 75 75
Treasury stock, at cost (431) 0
Accumulated other comprehensive income 347 (216)
Retained earnings 46,646 45,433
Total Stockholders' Equity 46,638 45,293
Total Liabilities and Stockholders' Equity $ 320,288 $ 213,621