| Fixed maturity securities at fair value (amortized cost $1,813,074 at June 30, 2011and $1,901,778 at December 31, 2010) |
2.38B |
| Equity securities at fair value (amortized cost $49,748 at June 30, 2011and $49,281 at December 31, 2010) |
184.5M |
| Total investments |
2.58B |
| Cash and cash equivalents |
84.1M |
| Restricted cash and cash equivalents |
2.7M |
| Accrued investment income |
20.3M |
| Premiums receivable, less bad debt allowance of $6,733 at June 30, 2011 and $7,603at December 31, 2010 |
317.1M |
| Paid losses |
| Unpaid losses |
591.5M |
| Funds held by or deposited with reinsureds |
| Deferred policy acquisition costs |
46.8M |
| Federal income taxes recoverable |
| Deferred income taxes, net |
41.1M |
| Property and equipment, net |
22.6M |
| Intangible assets, net |
8.3M |
| Goodwill |
36.2M |
| Other assets |
31.8M |
| Total assets |
3.82B |
| Unpaid losses and loss adjustment expenses |
| Unearned premiums |
325.6M |
| Policyholders’ dividends accrued |
| Total claims and policy liabilities |
| Commissions and premium taxes payable |
| Accounts payable and accrued expenses |
17.5M |
| Deferred reinsurance gain—LPT Agreement |
177.8M |
| Notes payable |
32M |
| Other liabilities |
40.8M |
| Total liabilities |
2.97B |
| Commitments and contingencies |
0 |
| Common stock, $0.01 par value; 150,000,000 shares authorized; 53,930,227 and 53,779,118shares issued and 37,855,399 and 38,965,126 shares outstanding at June 30, 2011 andDecember 31, 2010, respectively |
600K |
| Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued |
0 |
| Additional paid-in capital |
368.6M |
| Retained earnings |
744.5M |
| Accumulated other comprehensive income, net |
117.6M |
| Treasury stock, at cost (16,074,828 shares at June 30, 2011 and 14,813,992 sharesat December 31, 2010) |
-381.2M |
| Total stockholders’ equity |
850.1M |
| Total liabilities and stockholders’ equity |
3.82B |
