CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Investment portfolio:
Fixed income available-for-sale	$ 5,964,065	$ 5,723,113
Equity securities, at fair value (cost 2024 - $16,115; 2023 - $16,025)	15,174	14,771
Other invested assets, at cost	1,109	850
Total investment portfolio	5,980,348	5,738,734
Cash and cash equivalents	288,622	363,666
Restricted cash and cash equivalents	10,987	6,978
Accrued investment income	59,409	58,774
Reinsurance recoverable on loss reserves	45,327	33,302
Reinsurance recoverable on paid losses	992	9,896
Premiums receivable	58,125	58,499
Home office and equipment, net	36,223	38,755
Deferred insurance policy acquisition costs	12,508	14,591
Deferred income taxes, net	56,023	79,782
Other assets	129,220	135,403
Total assets	6,677,784	6,538,380
Liabilities:
Loss reserves	460,574	505,379
Unearned premiums	129,551	157,779
Senior notes	644,299	643,196
Other liabilities	149,284	160,009
Total liabilities	1,383,708	1,466,363
Contingencies
Shareholders’ equity:
Common stock	371,353	371,353
Paid-in capital	1,801,788	1,808,113
Treasury stock at cost	(1,748,895)	(1,384,293)
Accumulated other comprehensive income (loss), net of tax	(204,061)	(316,281)
Retained earnings	5,073,891	4,593,125
Total shareholders’ equity	5,294,076	5,072,017
Total liabilities and shareholders’ equity	6,677,784	6,538,380
Fixed income
Investment portfolio:
Fixed income available-for-sale	5,691,717	5,601,540
Short-Term Investments
Investment portfolio:
Fixed income available-for-sale	$ 272,348	$ 121,573