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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Investments:    
Fixed maturities $ 409,460 $ 415,554
Equity securities 88,085 96,657
Limited partnerships 54,705 77,352
Short-term and other 3,675 4,225
Total Investments 555,925 593,788
Cash and cash equivalents 89,726 38,223
Accounts receivable--less allowance (2011, $659; 2010, $621) 74,094 42,953
Accrued investment income 4,337 4,046
Reinsurance recoverable 138,404 127,228
Prepaid reinsurance premiums 3,059 3,199
Deferred policy acquisition costs 4,578 4,826
Property and equipment--less accumulated depreciation (2011, $13,486; 2010, $11,685) 12,991 13,869
Notes receivable from employees 1,302 1,414
Other assets 10,405 8,400
Current federal income taxes recoverable 3,354 0
Deferred federal income taxes 7,119 0
Total Assets 905,294 837,946
Reserves:    
Losses and loss expenses 421,556 344,520
Unearned premiums 39,919 29,819
Total Reserves 461,475 374,339
Reinsurance payable 28,330 28,986
Short-term borrowings 10,000 15,000
Accounts payable and other liabilities 86,428 37,455
Current federal income taxes payable 0 6,659
Deferred federal income taxes 0 6,772
Total Liablities 586,233 469,211
Shareholders' equity:    
Additional paid-in capital 48,751 47,874
Unrealized net gains on investments 26,592 33,894
Retained earnings 243,084 286,335
Shareholders' equity 319,061 368,735
Total liabilities and shareholders' Equity 905,294 837,946
Class A voting [Member]
   
Shareholders' equity:    
Common stock 112 112
Class B non-voting [Member]
   
Shareholders' equity:    
Common stock $ 522 $ 520