Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fixed income:
Available-for-sale, at fair value (amortized cost - $1,772,097 at 3/31/19 and $1,776,465 at 12/31/18)	$ 1,793,343	$ 1,760,515
Equity securities, at fair value (cost - $234,428 at 3/31/19 and $220,373 at 12/31/18)	388,281	340,483
Short-term investments, at cost which approximates fair value	44,087	11,550
Other invested assets	54,262	51,542
Cash	25,181	30,140
Total investments and cash	2,305,154	2,194,230
Accrued investment income	14,080	14,033
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $17,055 at 3/31/19 and $16,967 at 12/31/18	139,487	152,576
Ceded unearned premium	71,011	71,174
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $9,808 at 3/31/19 and $9,793 at 12/31/18	364,374	364,999
Deferred policy acquisition costs	82,893	84,934
Property and equipment, at cost, net of accumulated depreciation of $56,322 at 3/31/19 and $54,275 at 12/31/18	54,121	54,692
Investment in unconsolidated investees	100,174	94,967
Goodwill and intangibles	54,432	54,534
Other assets	51,149	18,926
TOTAL ASSETS	3,236,875	3,105,065
Liabilities:
Unpaid losses and settlement expenses	1,479,344	1,461,348
Unearned premiums	482,325	496,505
Reinsurance balances payable	14,286	22,591
Funds held	74,043	72,309
Income taxes - deferred	39,672	24,238
Bonds payable, long-term debt	149,162	149,115
Accrued expenses	28,896	45,124
Other liabilities	74,442	26,993
TOTAL LIABILITIES	2,342,170	2,298,223
Shareholders' Equity
Common stock ($0.01 par value, 100,000,000 shares authorized; 67,484,470 shares issued, 44,554,256 shares outstanding at 3/31/19; 67,434,257 shares issued, 44,504,043 shares outstanding at 12/31/18)	675	674
Paid-in capital	308,551	305,660
Accumulated other comprehensive earnings	14,729	(14,572)
Retained earnings	963,749	908,079
Deferred compensation	7,315	8,354
Less: Treasury shares at cost (22,930,214 shares at 3/31/19 and 12/31/18)	(400,314)	(401,353)
TOTAL SHAREHOLDERS’ EQUITY	894,705	806,842
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 3,236,875	$ 3,105,065