Consolidated Statements of Income (Unaudited) (USD $) In Thousands, except Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
REVENUE:
Gross premiums written	$ 44,266	$ 36,017	$ 160,337	$ 127,259
Decrease (increase) in gross unearned premiums	2,861	3,440	(28,585)	(11,472)
Gross premiums earned	47,127	39,457	131,752	115,787
Ceded premiums earned	(23,267)	(21,592)	(66,485)	(66,929)
Net premiums earned	23,860	17,865	65,267	48,858
Net investment income	807	1,037	2,041	3,053
Net realized gains (losses)	0	206	112	234
Other revenue	826	891	2,536	4,171
Total revenue	25,493	19,999	69,956	56,316
EXPENSES:
Losses and loss adjustment expenses	8,414	11,451	29,399	32,466
Policy acquisition costs	7,568	6,185	21,293	18,801
Operating expenses	1,146	769	3,946	3,114
General and administrative expenses	2,368	1,910	6,785	5,669
Interest expense	142	155	453	1,637
Total expenses	19,638	20,470	61,876	61,687
Income (loss) before other expenses	5,855	(471)	8,080	(5,371)
Other expenses	(23)	0	256	726
Income (loss) before income taxes	5,878	(471)	7,824	(6,097)
Provision for (benefit from) income taxes	2,228	(155)	2,961	(2,277)
Net income (loss)	3,650	(316)	4,863	(3,820)
OTHER COMPREHENSIVE INCOME (LOSS):
Change in net unrealized holding gain on investments	2,441	2,362	3,470	4,158
Reclassification adjustmentfor net realized investment gains	0	(206)	(112)	(234)
Income tax expense related to items of other comprehensive income	(941)	(831)	(1,295)	(1,513)
Total comprehensive income (loss)	$ 5,150	$ 1,009	$ 6,926	$ (1,409)
Weighted average shares outstanding, basic	10,361,849	10,573,932	10,469,056	10,573,932
Weighted average shares outstanding, diluted	10,361,849	10,573,932	10,469,056	10,573,932
Earnings per share, basic	$ 0.35	$ (0.03)	$ 0.46	$ (0.36)
Earnings per share, diluted	$ 0.35	$ (0.03)	$ 0.46	$ (0.36)
Dividends declared per share	$ 0.00	$ 0.00	$ 0.00	$ 0.05