Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
Investments:
Debt securities, available-for-sale, at fair value (cost: $405,612 in 2011 and $383,530 in 2010)	$ 403,244	$ 388,399
Equity securities, available-for-sale, at fair value (cost: $33,424 in 2011 and $32,469 in 2010)	41,241	44,042
Total investments	444,485	432,441
Cash and cash equivalents	49,416	60,519
Restricted cash	4,180	5,277
Ceded unearned premiums	18,685	25,504
Premiums receivable	58,159	47,337
Accounts receivable	4,582	7,051
Receivable for securities	11	2,215
Reinsurance recoverable	44,078	39,505
Deferred policy acquisition costs	24,441	21,679
Goodwill	44,695	44,695
Intangible assets, net	27,551	30,241
Federal income tax recoverable	7,156	4,093
Deferred federal income taxes, net	1,801
Prepaid expenses	1,835	1,987
Other assets	13,290	15,207
Total assets	744,365	737,751
Liabilities:
Note payable	4,050	2,800
Subordinated debt securities	56,702	56,702
Reserves for unpaid losses and loss adjustment expenses	293,201	251,677
Unearned premiums	150,796	140,965
Unearned revenue	73	116
Reinsurance balances payable	2,445	3,122
Accrued agent profit sharing	1,438	1,301
Accrued ceding commission payable	1,139	4,231
Pension liability	2,338	2,833
Payable for securities	5,778	2,493
Payable for acquisition		14,000
Deferred federal income taxes, net		4,602
Accounts payable and other accrued expenses	13,551	15,786
Total liabilities	531,511	500,628
Commitments and Contingencies (Note 18)
Redeemable non-controlling interest	1,261	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	122,355	121,815
Retained earnings	94,692	105,816
Accumulated other comprehensive income	2,347	9,637
Treasury stock (1,609,374 shares in 2011 and 748,662 shares in 2010), at cost	(11,558)	(5,262)
Total stockholders' equity	211,593	235,763
Liabilities and Equity, Total	$ 744,365	$ 737,751