Consolidated Balance Sheets (Unaudited) (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Investments
Fixed income securities - available for sale, at fair value (amortized cost: 2011 - $5,240,718; 2010 - $4,864,806)	$ 5,434,761	$ 4,999,440
Fixed income securities - held to maturity, at amortized cost (fair value: 2011 - $176,352; 2010 - $195,811)	173,993	193,668
Short-term investments, at cost, which approximates fair value	194,507	488,002
Other investments	31,942	5,985
Total investments	5,835,203	5,687,095
Cash	87,242	97,857
Restricted cash	230,532	148,547
Premium, claims and other receivables	716,463	635,867
Reinsurance recoverables	1,103,855	1,006,855
Ceded unearned premium	242,599	278,663
Ceded life and annuity benefits	57,604	58,409
Deferred policy acquisition costs	229,248	212,786
Goodwill	842,056	821,648
Other assets	130,324	116,355
Total assets	9,475,126	9,064,082
LIABILITIES
Loss and loss adjustment expense payable	3,655,944	3,471,858
Life and annuity policy benefits	57,604	58,409
Reinsurance, premium and claims payable	327,180	345,730
Unearned premium	1,110,638	1,045,877
Deferred ceding commissions	67,015	72,565
Notes payable	393,714	298,637
Accounts payable and accrued liabilities	593,337	474,574
Total liabilities	6,205,432	5,767,650
SHAREHOLDERS' EQUITY
Common stock, $1.00 par value; 250,000 shares authorized (shares issued: 2011 - 122,594 and 2010 - 120,942; outstanding: 2011 - 110,274 and 2010 - 114,968)	122,594	120,942
Additional paid-in capital	995,053	954,332
Retained earnings	2,341,736	2,257,895
Accumulated other comprehensive income	145,887	97,186
Treasury stock, at cost (shares: 2011 - 12,320 and 2010 - 5,974)	(335,576)	(133,923)
Total shareholders' equity	3,269,694	3,296,432
Total liabilities and shareholders' equity	$ 9,475,126	$ 9,064,082

The known and estimated amount recoverable related to certain life insurance policies as of the balance sheet date from reinsurers for claims paid or incurred by the ceding insurer and associated claims settlement expenses, including estimated amounts for claims incurred but not reported, and policy benefits, net of any related valuation allowance.

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The cumulative amount of the reporting entity's undistributed earnings or deficit.

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Investments which are intended to be sold in the short term (usually less than one year or the normal operating cycle, whichever is longer) including trading securities, available-for-sale securities, held-to-maturity securities, and other short-term investments not otherwise listed in the existing taxonomy.

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Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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