Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fixed income:
Available-for-sale, at fair value (amortized cost - $1,624,868 at 9/30/16 and $1,518,156 at 12/31/15)	$ 1,687,605	$ 1,538,110
Equity securities available-for-sale, at fair value (cost - $200,595 at 9/30/16 and $202,437 at 12/31/15)	382,282	375,424
Short-term investments, at cost which approximates fair value	8,392	6,262
Other invested assets	24,502	20,666
Cash	13,970	11,081
Total investments and cash	2,116,751	1,951,543
Accrued investment income	13,311	14,878
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $15,739 at 9/30/16 and $14,898 at 12/31/15	136,214	143,662
Ceded unearned premium	54,014	52,833
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $10,956 at 9/30/16 and $11,885 at 12/31/15	292,943	297,844
Deferred policy acquisition costs	75,805	69,829
Property and equipment, at cost, net of accumulated depreciation of $43,011 at 9/30/16 and $38,447 at 12/31/15	53,643	47,102
Investment in unconsolidated investees	82,276	70,784
Goodwill and intangibles	64,578	71,294
Other assets	23,999	15,696
TOTAL ASSETS	2,913,534	2,735,465
Liabilities:
Unpaid losses and settlement expenses	1,150,938	1,103,785
Unearned premiums	449,051	422,094
Reinsurance balances payable	17,425	37,556
Funds held	77,902	54,254
Income taxes - deferred	85,152	63,993
Bonds payable, long-term debt	148,694	148,554
Accrued expenses	40,029	55,742
Other liabilities	21,929	26,018
TOTAL LIABILITIES	1,991,120	1,911,996
Shareholders' Equity
Common stock ($1 par value, 100,000,000 shares authorized) (66,837,167 shares issued, 43,906,953 shares outstanding at 9/30/16) (66,474,342 shares issued, 43,544,128 shares outstanding at 12/31/15)	66,837	66,474
Paid-in capital	229,107	221,345
Accumulated other comprehensive earnings	157,672	123,774
Retained earnings	861,797	804,875
Deferred compensation	10,395	10,647
Less: Treasury shares at cost (22,930,214 shares at 9/30/16 and 12/31/15)	(403,394)	(403,646)
TOTAL SHAREHOLDERS’ EQUITY	922,414	823,469
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,913,534	$ 2,735,465