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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,253,166 and $1,189,525) $ 1,275,016 $ 1,199,699
Equity securities available-for-sale, at fair value (cost $144,274 and $147,479) 228,115 213,839
Other long-term investments 13,648 12,506
Short-term investments 23,613 39,670
Total investments 1,540,392 1,465,714
Cash 347 307
Reinsurance receivables due from affiliate 31,650 21,326
Prepaid reinsurance premiums due from affiliate 12,789 9,309
Deferred policy acquisition costs (affiliated $40,848 and $40,660) 41,114 40,939
Prepaid pension and postretirement benefits due from affiliate 20,683 12,314
Accrued investment income 11,286 11,050
Amounts receivable under reverse repurchase agreements 16,500 20,000
Accounts receivable 1,604 2,076
Goodwill 942 942
Other assets (affiliated $4,423 and $4,632) 4,633 4,836
Total assets 1,681,940 1,588,813
LIABILITIES    
Losses and settlement expenses (affiliated $726,413 and $685,533) 732,612 690,532
Unearned premiums (affiliated $256,434 and $243,682) 257,797 244,885
Other policyholders' funds (all affiliated) 10,013 13,068
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 367 11,222
Pension benefits payable to affiliate 4,185 4,097
Income taxes payable 544 2,359
Deferred income taxes 15,020 11,321
Other liabilities (affiliated $27,520 and $27,871) 32,556 32,987
Total liabilities 1,078,094 1,035,471
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,455,545 shares in 2017 and 21,222,535 shares in 2016 21,455 21,223
Additional paid-in capital 124,556 119,054
Accumulated other comprehensive income 83,384 46,081
Retained earnings 374,451 366,984
Total stockholders' equity 603,846 553,342
Total liabilities and stockholders' equity $ 1,681,940 $ 1,588,813