Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Available-for-sale, at fair value (amortized cost of $2,219,502 and allowance for credit losses of $204 at 6/30/21) (amortized cost of $2,061,467 and allowance for credit losses of $397 at 12/31/20)	$ 2,319,244	$ 2,196,626
Equity securities, at fair value (cost - $308,374 at 6/30/21 and $293,190 at 12/31/20)	566,870	524,006
Other invested assets	52,849	54,232
Cash	95,457	62,217
Total investments and cash	3,034,420	2,837,081
Accrued investment income	17,240	16,126
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $18,410 at 6/30/21 and $17,658 at 12/31/20	177,237	174,628
Ceded unearned premium	120,116	113,488
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $9,220 at 6/30/21 and $8,634 at 12/31/20	545,085	443,729
Deferred policy acquisition costs	99,898	88,425
Property and equipment, at cost, net of accumulated depreciation of $71,928 at 6/30/21 and $68,682 at 12/31/20	50,925	51,406
Investment in unconsolidated investees	148,561	128,382
Goodwill and intangibles	53,582	53,719
Other assets	33,566	31,501
TOTAL ASSETS	4,280,630	3,938,485
Liabilities
Unpaid losses and settlement expenses	1,917,609	1,750,049
Unearned premiums	640,895	586,386
Reinsurance balances payable	34,946	42,265
Funds held	89,474	81,747
Income taxes-deferred	82,110	80,235
Bonds payable, long-term debt	149,582	149,489
Accrued expenses	60,849	75,925
Other liabilities	63,362	36,411
TOTAL LIABILITIES	3,038,827	2,802,507
Shareholders’ Equity
Common stock ($0.01 par value) (Shares authorized - 200,000,000 at 6/30/21 and 12/31/20) (68,153,557 shares issued, 45,223,343 shares outstanding at 6/30/21) (68,072,794 shares issued, 45,142,580 shares outstanding at 12/31/20)	682	681
Paid-in capital	338,099	335,365
Accumulated other comprehensive earnings	79,144	108,714
Retained earnings	1,216,877	1,084,217
Deferred compensation	8,251	8,292
Less: Treasury shares, at cost (22,930,214 shares at 6/30/21 and 12/31/20)	(401,250)	(401,291)
TOTAL SHAREHOLDERS’ EQUITY	1,241,803	1,135,978
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 4,280,630	$ 3,938,485