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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities (Amortized cost: 2016, $494,561; 2015, $442,578) $ 491,904 $ 437,184
Equity securities (Cost: 2016, $64,902; 2015, $80,221) 119,945 145,498
Limited partnerships (Affiliated: 2016, $44,038; 2015, $45,009) 76,469 75,458
Short-term and other 1,500 2,220
Total Investments 689,818 660,360
Cash and cash equivalents 62,976 73,538
Accounts receivable--less allowance (2016, $542; 2015, $600) 64,984 66,522
Accrued investment income 3,882 3,989
Reinsurance recoverable 255,024 215,888
Prepaid reinsurance premiums 2,674 3,176
Deferred policy acquisition costs 1,172 1,443
Property and equipment--less accumulated depreciation (2016, $15,328; 2015, $14,768) 47,225 46,144
Other assets 23,779 11,009
Current federal income taxes recoverable 2,603 3,702
Total Assets 1,154,137 1,085,771
Reserves:    
Losses and loss expenses 576,330 513,596
Unearned premiums 21,694 25,291
Total Reserves 598,024 538,887
Reinsurance payable 43,150 47,565
Short-term borrowings 20,000 20,000
Depository liabilities 9,910 16,847
Accounts payable and other liabilities 67,296 56,776
Deferred federal income taxes 11,412 11,198
Total Liabilities 749,792 691,273
Shareholders' equity:    
Additional paid-in capital 54,286 52,946
Unrealized net gains on investments 34,051 38,924
Foreign exchange adjustment (831) (1,066)
Retained earnings 316,195 303,053
Shareholders' equity 404,345 394,498
Total liabilities and shareholders' equity 1,154,137 1,085,771
Class A Voting [Member]    
Shareholders' equity:    
Common stock 112 112
Class B Non-voting [Member]    
Shareholders' equity:    
Common stock $ 532 $ 529