Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The following table summarizes the provision for income taxes:



	Year Ended December 31,
	2013		2012			2011
Federal:
Current	$	11,413	$	5,704		$	4,864
Deferred	1,026		(526		)	(656		)
Provision for Federal income tax expense	12,439		5,178			4,208

State:
Current	1,581		966			664
Deferred	125		(135		)	56
Provision for State income tax expense	1,706		831			720
Provision for income taxes	$	14,145	$	6,009		$	4,928

Tax Expense Reconciliation [Table Text Block]

The actual income tax expense differs from the expected income tax expense computed by applying the combined applicable effective federal and state tax rates to income before the provision for income taxes as follows:



	Year Ended December 31,
	2013			2012			2011
Expected income tax expense at federal rate	$	12,070		$	5,500		$	4,425
State tax expense, net of federal deduction benefit	1,140			547			472
Dividend received deduction	(47		)	(42		)	(38		)
Prior period adjustment	699			—			—
Other, net	283			4			69
Reported income tax expense	$	14,145		$	6,009		$	4,928

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The table below summarizes the significant components of our net deferred tax asset:



	December 31,
	2013			2012
Deferred tax assets:
Unearned premiums	$	11,370		$	6,478
Assessments	30			636
Tax-related discount on loss reserve	682			495
Bad debt expense	11			9
Other-than-temporary impairment	56			56
Other	873			672
Total deferred tax assets	13,022			8,346
Deferred tax liabilities:
Unrealized gain	(58		)	(1,641		)
Deferred acquisitions costs	(11,061		)	(6,453		)
Capitalized software	(294		)	(207		)
Other	(1,317		)	(185		)
Total deferred tax liabilities	(12,730		)	(8,486		)
Net deferred tax asset (liability)	$	292		$	(140	)