CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investments:
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,273,132 and $1,253,166)	$ 1,282,909	$ 1,275,016
Equity investments, at fair value (cost $160,371 and $144,274)	215,363
Equity investments, at fair value (cost $160,371 and $144,274)		228,115
Equity Securities without Readily Determinable Fair Value, Amount	1,200	0
Other long-term investments	19,316	13,648
Short-term investments	28,204	23,613
Total investments	1,546,992	1,540,392
Cash	337	347
Reinsurance receivables due from affiliate	37,361	31,650
Prepaid reinsurance premiums due from affiliate	8,789	12,789
Deferred policy acquisition costs (affiliated $44,440 and $40,848)	44,760	41,114
Amounts due from affiliate to settle inter-company transaction balances	5,154	0
Prepaid pension and postretirement benefits due from affiliate	17,691	20,683
Accrued investment income	10,468	11,286
Amounts receivable under reverse repurchase agreements	0	16,500
Accounts receivable	1,658	1,604
Income taxes recoverable	6,697	0
Goodwill	942	942
Other assets (affiliated $4,510 and $4,423)	4,629	4,633
Total assets	1,685,478	1,681,940
LIABILITIES
Losses and settlement expenses (affiliated $771,872 and $726,413)	777,190	732,612
Unearned premiums (affiliated $267,064 and $256,434)	268,511	257,797
Other policyholders' funds (all affiliated)	8,807	10,013
Surplus notes payable to affiliate	25,000	25,000
Amounts due affiliate to settle inter-company transaction balances	0	367
Pension benefits payable to affiliate	4,070	4,185
Income taxes payable	0	544
Deferred income taxes	4,908	15,020
Other liabilities (affiliated $31,121 and $27,520)	31,210	32,556
Total liabilities	1,119,696	1,078,094
STOCKHOLDERS' EQUITY
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,615,105 shares in 2018 and 21,455,545 shares in 2017	21,615	21,455
Additional paid-in capital	128,451	124,556
Accumulated other comprehensive income	1,620	83,384
Retained earnings	414,096	374,451
Total stockholders' equity	565,782	603,846
Total liabilities and stockholders' equity	$ 1,685,478	$ 1,681,940