Condensed Consolidated Balance Sheets Statement (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Investments
Fixed-maturities held to maturity—at amortized cost (fair value $8,282 at June 30, 2011 and $11,416 at December 31, 2010)	$ 7,781	$ 10,773
Fixed-maturities available for sale at fair value (amortized cost $160,085 at June 30, 2011 and $340,795 at December 31, 2010)	149,146	273,799
Equity securities available for sale—at fair value (cost $160,038 at June 30, 2011and $160,242 at December 31, 2010)	193,965	184,365
Trading securities—at fair value (including variable interest entity (“VIE”) securities of $100,691 at June 30, 2011 and $83,184 at December 31, 2010)	4,445,335	4,562,821
Short-term investments at fair value (including VIE investments of $149,984 at June 30, 2011 and $149,981 at December 31, 2010)	1,130,268	1,537,498
Other invested assets—at cost	62,344	59,627
Total investments	5,988,839	6,628,883
Cash	21,122	20,334
Restricted cash	28,568	31,413
Deferred policy acquisition costs	138,926	148,326
Accrued investment income	39,620	40,498
Accounts and notes receivable (less allowance of $0 at June 30, 2011 and $50,000 at December 31, 2010)	109,017	116,452
Property and equipment, at cost (less accumulated depreciation of $95,204 at June 30, 2011 and $92,451 at December 31, 2010)	15,999	13,024
Derivative assets (including VIE derivative assets of $4,653 at June 30, 2011 and $10,855 at December 31, 2010)	27,266	26,212
Deferred income taxes, net	27,531	27,531
Reinsurance recoverables	179,573	244,894
Other assets (including VIE other assets of $115,716 at June 30, 2011 and $112,426 at December 31, 2010)	352,335	323,320
Total assets	6,928,796	7,620,887
Liabilities
Unearned premiums	629,813	686,364
Reserve for losses and loss adjustment expenses (“LAE”)	3,343,624	3,596,735
Reserve for premium deficiency	6,251	10,736
Long-term debt	811,319	964,788
VIE debt—at fair value (including $3,195 at June 30, 2011 and $9,514 at December 31, 2010 of non-recourse debt)	393,740	520,114
Derivative liabilities (including VIE derivative liabilities of $18,831 at June 30, 2011 and $19,226 at December 31, 2010)	313,708	723,579
Accounts payable and accrued expenses (including VIE accounts payable of $686 at June 30, 2011 and $837 at December 31, 2010)	301,031	258,791
Total liabilities	5,799,486	6,761,107
Stockholders’ equity
Common stock: par value $.001 per share; 325,000,000 shares authorized; 150,574,956 and 150,507,853 shares issued at June 30, 2011 and December 31, 2010, repectively; 133,113,518 and 133,049,213 shares outstanding at June 30, 2011 and December 31, 2010, respectively	151	150
Treasury stock, at cost: 17,461,438 and 17,458,640 shares at June 30, 2011 and December 31, 2010, respectively	(892,036)	(892,012)
Additional paid-in capital	1,965,739	1,963,092
Retained Earnings (Deficit)	34,861	(204,926)
Accumulated other comprehensive income (loss)	20,595	(6,524)
Stockholders' Equity Attributable to Parent	1,129,310	859,780
Total liabilities and stockholders’ equity	$ 6,928,796	$ 7,620,887