Consolidated Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Investments:
Debt securities, available-for-sale, at fair value (cost: $393,497 in 2011 and $383,530 in 2010)	$ 395,975	$ 388,399
Equity securities, available-for-sale, at fair value (cost: $31,573 in 2011 and $32,469 in 2010)	42,943	44,042
Total investments	438,918	432,441
Cash and cash equivalents	50,885	60,519
Restricted cash	6,346	5,277
Ceded unearned premiums	20,262	25,504
Premiums receivable	57,444	47,337
Accounts receivable	6,020	7,051
Receivable for securities	473	2,215
Reinsurance recoverable	42,726	39,505
Deferred policy acquisition costs	24,047	21,679
Goodwill	43,564	43,564
Intangible assets, net	28,448	30,241
Federal income tax recoverable	13,138	4,093
Prepaid expenses	1,699	1,987
Other assets	13,159	15,207
Total assets	747,129	736,620
Liabilities:
Note payable	2,800	2,800
Subordinated debt securities	56,702	56,702
Reserves for unpaid losses and loss adjustment expenses	278,894	251,677
Unearned premiums	148,205	140,965
Unearned revenue	93	116
Reinsurance balances payable	5,493	3,122
Accrued agent profit sharing	1,277	1,301
Accrued ceding commission payable	4,230	4,231
Pension liability	2,623	2,833
Payable for securities	8,357	2,493
Payable for acquisition	0	14,000
Deferred federal income taxes, net	1,836	3,471
Accounts payable and other accrued expenses	17,005	15,786
Total liabilities	527,515	499,497
Commitments and Contingencies (Note 18)
Redeemable non-controlling interest	1,223	1,360
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333 shares in 2011 and 2010; issued 20,872,831 in 2011 and 2010	3,757	3,757
Additional paid-in capital	122,292	121,815
Retained earnings	94,567	105,816
Accumulated other comprehensive income	7,843	9,637
Treasury stock (1,418,003 shares in 2011 and 748,662 shares in 2010), at cost	(10,068)	(5,262)
Total stockholders' equity	218,391	235,763
Liabilities and Equity, Total	$ 747,129	$ 736,620