Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Segment Reporting Information, by Segment

The following table provides certain profit and loss information for each reportable segment for the years ended

December 31:

		2012		2011			2010
Direct and assumed premium written:
Property and casualty insurance		$	284,200	$	274,101		$	249,699
Reinsurance			57,086		60,425			46,103
	Totals	$	341,286	$	334,526		$	295,802

Net premium earned:
Property and casualty insurance		$	186,586	$	186,422		$	174,043
Reinsurance			50,875		58,148			40,695
	Totals	$	237,461	$	244,570		$	214,738

Underwriting gain (loss):
Property and casualty insurance		$	23,491	$	19,646		$	26,308
Reinsurance			20,567		(45,113	)		(6,725	)
	Totals	$	44,058	$	(25,467	)	$	19,583

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table reconciles reportable segment profits to the Company's consolidated income (loss) before federal income taxes:

		2012			2011			2010
Profit:
Underwriting gain (loss)		$	44,058		$	(25,467	)	$	19,583
Net investment income			9,930			10,729			11,335
Net realized gains (losses) on investments			9,011			(17,803	)		16,485
Corporate expenses			(16,393	)		(12,748	)		(12,590	)
	Income (loss) before federal income taxes	$	46,606		$	(45,289	)	$	34,813

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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