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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Fixed income  
Available-for-sale, at fair value$ 1,211,759$ 1,132,064
Held-to-maturity, at amortized cost318,428309,258
Trading, at fair value815
Equity securities, at fair value331,301321,897
Short-term investments, at cost155,97039,787
Total investments2,017,4661,803,021
Accrued investment income12,14414,615
Premiums and reinsurance balances receivable119,771107,391
Ceded unearned premium59,29862,631
Reinsurance balances recoverable on unpaid losses341,986354,163
Deferred policy acquisition costs95,36574,435
Property and equipment19,50218,370
Investment in unconsolidated investees51,25843,358
Goodwill and intangibles60,73326,214
Other assets16,84010,394
TOTAL ASSETS2,794,3632,514,592
Liabilities:  
Unpaid losses and settlement expenses1,179,9931,173,943
Unearned premiums361,591301,537
Reinsurance balances payable22,68723,851
Funds held109,59232,072
Income taxes-deferred31,91733,930
Bonds payable, long-term debt100,000100,000
Accrued expenses55,16542,436
Other liabilities65,93315,447
TOTAL LIABILITIES1,926,8781,723,216
Shareholders' Equity  
Common stock ($1 par value) (32,542,327 shares issued at 9/30/11) (32,317,691 shares issued at 12/31/10)32,54232,318
Paid-in capital222,756215,066
Accumulated other comprehensive earnings89,66995,992
Retained earnings915,517834,375
Deferred compensation8,7456,474
Less: Treasury shares at cost (11,465,107 shares at 9/30/11) (11,353,151 shares at 12/31/10)(401,744)(392,849)
TOTAL SHAREHOLDERS' EQUITY867,485791,376
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 2,794,363$ 2,514,592