CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Investments:
Debt securities, available-for-sale, at fair value (cost; $380,578 in 2011 and $383,530 in 2010)	$ 380,469	$ 388,399
Equity securities, available-for-sale, at fair value (cost; $30,465 in 2011 and $32,469 in 2010)	44,159	44,042
Total investments	424,628	432,441
Cash and cash equivalents	74,471	60,519
Restricted cash	9,372	5,277
Ceded unearned premiums	19,470	25,504
Premiums receivable	53,513	47,337
Accounts receivable	3,946	7,051
Receivable for securities	2,617	2,215
Reinsurance recoverable	42,734	39,505
Deferred policy acquisition costs	23,408	21,679
Goodwill	44,695	44,695
Intangible assets, net	26,654	30,241
Federal income tax recoverable	6,738	3,645
Prepaid expenses	1,458	1,987
Other assets	13,209	15,207
Assets, Total	746,913	737,303
Liabilities:
Revolving credit facility payable	4,050	2,800
Subordinated debt securities	56,702	56,702
Reserves for unpaid losses and loss adjustment expenses	296,945	251,677
Unearned premiums	146,104	140,965
Unearned revenue	55	116
Reinsurance balances payable	3,139	3,122
Accrued agent profit sharing	959	1,301
Accrued ceding commission payable	1,071	4,231
Pension liability	3,971	2,833
Payable for securities	203	2,493
Payable for acquisition		14,000
Deferred federal income taxes, net	434	4,154
Accounts payable and other accrued expenses	15,869	15,786
Liabilities, Total	529,502	500,180
Commitments and contingencies (Note 16)
Redeemable non-controlling interest	1,284	1,360
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333 shares in 2011 and 2010; issued 20,872,831 shares in 2011 and 2010	3,757	3,757
Additional paid-in capital	122,487	121,815
Retained earnings	94,995	105,816
Accumulated other comprehensive income	6,446	9,637
Treasury stock (1,609,374 shares in 2011 and 748,662 in 2010), at cost	(11,558)	(5,262)
Total stockholders' equity	216,127	235,763
Liabilities and Equity, Total	$ 746,913	$ 737,303