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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,116,627 and $1,130,217) $ 1,166,022 $ 1,161,025
Equity securities available-for-sale, at fair value (cost $151,046 and $144,176) 212,582 206,243
Other long-term investments 8,440 9,930
Short-term investments 48,447 38,599
Total investments 1,435,491 1,415,797
Cash 697 224
Reinsurance receivables due from affiliate 21,342 24,236
Prepaid reinsurance premiums due from affiliate 7,080 6,563
Deferred policy acquisition costs (affiliated $40,232 and $40,535) 40,462 40,720
Amounts due from affiliate to settle inter-company transaction balances 7,309 0
Prepaid pension and postretirement benefits due from affiliate 11,754 12,133
Accrued investment income 11,939 10,789
Amounts receivable under reverse repurchase agreements 16,850 16,850
Accounts receivable 1,440 804
Income taxes recoverable 0 1,735
Goodwill 942 942
Other assets (affiliated $4,019 and $4,595) 4,938 5,162
Total assets 1,560,244 1,535,955
LIABILITIES    
Losses and settlement expenses (affiliated $674,131 and $671,169) 681,579 678,774
Unearned premiums (affiliated $238,600 and $238,637) 239,609 239,435
Other policyholders' funds (all affiliated) 11,025 8,721
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 0 6,408
Pension benefits payable to affiliate 3,958 4,299
Income taxes payable 5,882 0
Deferred income taxes 23,818 19,029
Other liabilities (affiliated $16,968 and $28,598) 18,307 29,351
Total liabilities 1,009,178 1,011,017
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 20,946,158 shares in 2016 and 20,780,439 shares in 2015 20,946 20,781
Additional paid-in capital 112,500 108,747
Accumulated other comprehensive income 69,917 58,433
Retained earnings 347,703 336,977
Total stockholders' equity 551,066 524,938
Total liabilities and stockholders' equity $ 1,560,244 $ 1,535,955