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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Investments available for sale, at fair value:    
Fixed maturities (amortized cost of $118,373 and $116,863, respectively) $ 123,277 $ 120,378
Equity securities (adjusted cost of $3,406 and $3,284, respectively) 3,794 3,581
Other long-term investments 300 300
Total investments 127,371 124,259
Cash and cash equivalents 92,130 41,639
Accrued investment income 983 986
Premiums receivable, net of allowances for credit losses of $86 and $77, respectively 17,938 11,205
Reinsurance recoverable on paid and unpaid losses 3,470 4,458
Prepaid reinsurance premiums 103,834 40,968
Deferred policy acquisition costs 16,779 12,324
Other assets 3,524 4,376
Total Assets 366,029 240,215
Liabilities:    
Unpaid losses and loss adjustment expenses 33,150 33,600
Unearned premiums 130,929 100,130
Reinsurance payable 106,263 16,571
Other liabilities 16,095 17,866
Notes payable 16,471 17,059
Total Liabilities 302,908 185,226
Commitments and contingencies (Note 7)      
Stockholders' Equity:    
Common stock, $0.0001 par value; 50,000,000 shares authorized; 10,573,932 issued; 10,361,849 outstanding 1 1
Additional paid-in capital 75 75
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated other comprehensive income 3,252 2,341
Retained earnings 60,224 53,003
Total Stockholders' Equity 63,121 54,989
Total Liabilities and Stockholders' Equity $ 366,029 $ 240,215