Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2014

Fair Value Measurements [Abstract]

Assets and liabilities at fair value

			Level 1		Level 2		Level 3		Total
June 30, 2014
Fixed maturity securities
	U.S. government and government agency securities		$	77,934	$	7,693	$	-	$	85,627
	Fixed maturity securities of states, municipalities
		and political subdivisions		-		965,705		-		965,705
	Special purpose revenue bonds of states, municipalities
		and political subdivisions		-		2,376,963		-		2,376,963
	Corporate securities			-		1,199,562		149		1,199,711
	Residential mortgage-backed securities			-		764,534		-		764,534
	Commercial mortgage-backed securities			-		547,117		-		547,117
	Asset-backed securities			-		304,396		-		304,396
	Foreign government securities			-		89,138		-		89,138
		Total fixed maturity securities		77,934		6,255,108		149		6,333,191
Equity securities				448,685		-		-		448,685
Short-term investments*				186,602		155,733		-		342,335
Restricted cash and securities				-		2,269		-		2,269
Premium, claims and other receivables				-		63,802		-		63,802
Other assets				20		-		1,099		1,119
	Total assets measured at fair value		$	713,241	$	6,476,912	$	1,248	$	7,191,401
Notes payable*			$	-	$	783,738	$	-	$	783,738
Accounts payable and accrued liabilities - earnout liability				-		2,269		7,386		9,655
	Total liabilities measured at fair value		$	-	$	786,007	$	7,386	$	793,393

			Level 1		Level 2		Level 3		Total
December 31, 2013
Fixed maturity securities
	U.S. government and government agency securities		$	84,032	$	8,677	$	-	$	92,709
	Fixed maturity securities of states, municipalities
		and political subdivisions		-		986,486		-		986,486
	Special purpose revenue bonds of states, municipalities
		and political subdivisions		-		2,255,928		9,267		2,265,195
	Corporate securities			-		1,225,088		150		1,225,238
	Residential mortgage-backed securities			-		618,119		-		618,119
	Commercial mortgage-backed securities			-		504,888		-		504,888
	Asset-backed securities			-		182,392		-		182,392
	Foreign government securities			-		147,446		-		147,446
		Total fixed maturity securities		84,032		5,929,024		9,417		6,022,473
Equity securities				517,466		-		-		517,466
Short-term investments*				68,958		109,795		-		178,753
Restricted cash and securities				-		1,853		-		1,853
Premium, claims and other receivables				-		66,515		-		66,515
Other assets				20		-		941		961
	Total assets measured at fair value		$	670,476	$	6,107,187	$	10,358	$	6,788,021
Notes payable*			$	-	$	707,656	$	-	$	707,656
Accounts payable and accrued liabilities - earnout liability				-		1,853		7,259		9,112
	Total liabilities measured at fair value		$	-	$	709,509	$	7,259	$	716,768