Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Fixed income:
Available-for-sale, at fair value (amortized cost - $1,680,321 at 9/30/17 and $1,596,227 at 12/31/16)	$ 1,713,558	$ 1,605,209
Equity securities available-for-sale, at fair value (cost - $189,212 at 9/30/17 and $187,573 at 12/31/16	393,213	369,219
Short-term investments, at cost which approximates fair value	11,925	5,015
Other invested assets	25,998	24,115
Cash	26,877	18,269
Total investments and cash	2,171,571	2,021,827
Accrued investment income	15,161	14,593
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $16,543 at 9/30/17 and $15,981 at 12/31/16	127,388	126,387
Ceded unearned premium	54,186	52,173
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $10,066 at 9/30/17 and $10,699 at 12/31/16	291,074	288,224
Deferred policy acquisition costs	77,782	73,147
Property and equipment, at cost, net of accumulated depreciation of $45,927 at 9/30/17 and $41,999 at 12/31/16	55,770	54,606
Investment in unconsolidated investees	88,374	72,240
Goodwill and intangibles	59,427	64,371
Other assets	15,787	10,065
TOTAL ASSETS	2,956,520	2,777,633
Liabilities:
Unpaid losses and settlement expenses	1,253,729	1,139,337
Unearned premiums	443,110	433,777
Reinsurance balances payable	21,006	17,928
Funds held	75,294	72,742
Income taxes - deferred	84,982	64,494
Bonds payable, long-term debt	148,881	148,741
Accrued expenses	35,682	51,992
Other liabilities	14,680	25,050
TOTAL LIABILITIES	2,077,364	1,954,061
Shareholders' Equity
Common stock ($1 par value, authorized 100,000,000 shares, issued 66,990,045 shares at 9/30/17 and 66,874,911 shares at 12/31/16, and outstanding 44,059,831 shares at 9/30/17 and 43,944,697 shares at 12/31/16)	66,990	66,875
Paid-in capital	233,954	229,779
Accumulated other comprehensive earnings	153,422	122,610
Retained earnings	817,789	797,307
Deferred compensation	7,666	11,496
Less: Treasury shares at cost (22,930,214 shares at 9/30/17 and 12/31/16)	(400,665)	(404,495)
TOTAL SHAREHOLDERS’ EQUITY	879,156	823,572
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,956,520	$ 2,777,633