7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-09-30 2004-06-30 2004-03-31 2003-09-30 2003-03-31 2002-12-31 
      
    		                                                                                 
      ​
    		                                                                                 
      assets
    		                                                                                 
      investments:
    		                                                                                 
      fixed maturities, available for sale, at fair value
    		1,256,620,000 1,188,337,000 1,140,093,000 1,115,218,000 1,098,984,000 1,043,097,000 1,043,556,000 1,052,145,000 1,005,225,000 1,017,467,000 1,048,449,000 1,050,155,000 1,039,102,000 1,072,241,000 1,136,068,000 1,218,279,000 1,277,402,000 1,235,680,000 1,237,181,000  1,225,157,000 1,219,714,000 1,165,455,000  1,207,829,000 1,178,251,000 1,173,384,000  1,131,133,000 1,145,335,000 1,155,123,000                                                   
      short-term investments, at fair value
    		   19,975,000 19,729,000                                                                             
      equity securities, at fair value
    		243,341,000 235,352,000 222,516,000 221,422,000 226,340,000 216,434,000 216,598,000 238,022,000 223,152,000 230,056,000 245,872,000 240,155,000 225,967,000 234,697,000 258,699,000 264,945,000 252,623,000 233,114,000 216,226,000  192,240,000 178,347,000 149,888,000  167,061,000 165,659,000 160,471,000  158,434,000 134,764,000 116,601,000  105,987,000 111,413,000 108,120,000  100,621,000 116,961,000 111,122,000  103,672,000 110,926,000 109,756,000  106,730,000 97,540,000 93,739,000 57,362,000 46,511,000 45,069,000 22,833,000 22,303,000 22,493,000 20,079,000 21,446,000 16,398,000 13,958,000 13,361,000 12,430,000 9,806,000 9,558,000 9,405,000 8,315,000 8,603,000 8,619,000 6,848,000 6,628,000  4,126,000 3,983,000 4,006,000  2,157,000 2,076,000 2,029,000       
      other invested assets
    		152,884,000 156,419,000 158,574,000 156,444,000 157,883,000 154,195,000 138,270,000 133,946,000 129,739,000 125,943,000 121,318,000 112,850,000 107,070,000 103,634,000 91,460,000 87,911,000 66,323,000 52,580,000 52,148,000  42,603,000 35,526,000 41,881,000  34,206,000 30,124,000 26,238,000  25,961,000 23,074,000 24,883,000  27,893,000 27,492,000 24,025,000  21,622,000 19,304,000 17,572,000  15,319,000 15,692,000 11,794,000  8,650,000 7,552,000 6,471,000                                   
      total investments
    		1,652,845,000 1,580,108,000 1,521,183,000 1,513,059,000 1,502,936,000 1,413,726,000 1,398,424,000 1,424,113,000 1,358,116,000 1,373,545,000 1,415,718,000 1,403,160,000 1,372,139,000 1,410,577,000 1,486,232,000 1,571,135,000 1,596,348,000 1,521,374,000 1,506,002,000  1,460,000,000 1,433,587,000 1,357,224,000  1,409,096,000 1,374,034,000 1,360,093,000  1,315,528,000 1,303,173,000 1,296,607,000  1,311,511,000 1,287,564,000 1,271,933,000  1,274,526,000 1,248,542,000 1,219,957,000  1,190,158,000 1,206,783,000 1,254,422,000  1,245,240,000 1,216,340,000 1,225,716,000 1,182,344,000 1,164,539,000 1,187,475,000 1,194,297,000 1,137,810,000 1,065,322,000 1,101,078,000 1,060,585,000 1,043,407,000                          
      cash and cash equivalents
    		56,233,000 49,409,000 64,708,000 58,974,000 62,598,000 44,579,000 30,801,000 38,152,000 30,894,000 25,388,000 15,316,000 25,300,000 33,635,000 39,083,000 35,231,000 63,603,000 44,703,000 82,364,000 51,563,000  59,749,000 44,757,000 41,567,000  47,482,000 37,968,000 22,892,000  51,317,000 18,722,000 24,830,000  31,934,000 34,297,000 32,241,000  52,277,000 44,053,000 35,940,000  43,243,000 21,293,000 25,272,000  28,373,000 37,740,000 15,670,000 38,305,000 35,788,000 39,704,000 33,697,000 87,991,000 84,770,000 44,266,000 55,511,000 55,428,000 90,883,000 40,043,000 39,060,000 73,698,000 57,276,000 30,604,000 107,782,000 64,115,000 28,050,000 92,451,000 66,140,000  23,551,000 31,543,000 94,376,000  181,574,000 170,002,000 137,796,000 128,737,000 89,455,000 43,567,000 25,001,000   
      accounts receivable
    		333,178,000 333,014,000 306,408,000 306,465,000 311,443,000 312,361,000 269,491,000 256,687,000 258,267,000 238,563,000 205,560,000 192,542,000 187,973,000 182,835,000 167,096,000 170,953,000 183,774,000 183,222,000 170,915,000  193,967,000 199,356,000 189,671,000  209,906,000 209,658,000 188,654,000  209,470,000 209,468,000 193,213,000  205,835,000 201,881,000 183,945,000  199,655,000 195,509,000 178,671,000  193,768,000 192,054,000 177,168,000  191,127,000 191,149,000 175,120,000 185,546,000 189,256,000 173,330,000 180,333,000 175,996,000 159,721,000 164,203,000 160,434,000 146,878,000 158,352,000 154,596,000 141,175,000 148,353,000 147,197,000 138,079,000 156,811,000 163,843,000 160,279,000 175,475,000 171,994,000  164,120,000 162,075,000 156,159,000  167,167,000 170,622,000 161,563,000 160,004,000 159,072,000 148,918,000 143,843,000   
      receivable for securities sold
    		1,927,000 315,000 496,000 568,000 2,000 2,908,000 322,000 124,000 845,000 607,000 1,895,000 877,000 3,289,000 872,000 7,774,000 9,256,000 7,113,000 12,598,000 10,950,000  862,000 2,523,000 1,067,000  702,000 964,000 1,079,000  984,000 2,673,000 1,048,000  2,495,000 834,000 4,850,000  647,000 518,000 89,000  795,000 939,000 806,000  886,000 660,000 1,423,000 3,441,000 250,000 1,582,000 866,000 41,000  2,511,000 10,675,000 7,539,000  19,099,000        5,582,000                
      accrued investment income
    		9,434,000 8,682,000 7,866,000 7,426,000 7,646,000 7,281,000 8,012,000 7,261,000 7,688,000 7,200,000 7,716,000 8,212,000 8,371,000 7,100,000 7,692,000 7,401,000 9,289,000 7,307,000 9,328,000  9,144,000 8,000,000 9,152,000  9,475,000 8,304,000 9,450,000  9,137,000 8,847,000 10,032,000  9,674,000 8,471,000 9,559,000  9,602,000 8,469,000 9,374,000  9,394,000 9,335,000 10,060,000  9,977,000 9,813,000 10,275,000 10,251,000 10,366,000 10,087,000 10,092,000 10,657,000 9,594,000 8,620,000 9,558,000 8,985,000 9,223,000 9,695,000 9,919,000 10,027,000 10,100,000 9,827,000 10,345,000 10,404,000 10,533,000 9,765,000 9,919,000  9,610,000 9,046,000 8,930,000  8,052,000 7,228,000 7,907,000 7,580,000 6,927,000 7,756,000 7,527,000   
      receivable from reinsurers related to paid loss and loss adjustment expenses
    		30,777,000 32,234,000 35,103,000 26,386,000 26,880,000 27,187,000 15,359,000 13,129,000 30,006,000 27,494,000 11,024,000 12,988,000 18,316,000 10,738,000 8,687,000 18,234,000 11,269,000 10,389,000 7,666,000  17,880,000 16,018,000 14,039,000  33,209,000 28,819,000 29,881,000  24,340,000 24,073,000 27,348,000  42,865,000 42,337,000 31,572,000  34,614,000 26,444,000 27,807,000  42,092,000 39,265,000 6,764,000  7,178,000 11,943,000 5,782,000 12,092,000 12,183,000 6,113,000 8,762,000 8,606,000 4,011,000 8,432,000 8,419,000 4,306,000 6,700,000 5,495,000 7,427,000 9,773,000 9,602,000 10,057,000 13,571,000 24,283,000 12,444,000 13,976,000 13,363,000  17,403,000 17,382,000 17,553,000  21,595,000 20,778,000 20,309,000 24,352,000 21,563,000 41,851,000 25,297,000   
      receivable from reinsurers related to unpaid loss and loss adjustment expenses
    		141,895,000 135,626,000 136,510,000 130,792,000 131,596,000 126,747,000 121,504,000 112,623,000 106,708,000 96,780,000 95,900,000 93,394,000 92,026,000 88,538,000 90,656,000 90,667,000 99,248,000 101,107,000 108,178,000  107,783,000 116,378,000 121,337,000  117,884,000 112,228,000 109,200,000  100,565,000 96,577,000 87,067,000  92,942,000 88,637,000 87,246,000  80,632,000 78,043,000 77,075,000  74,078,000 87,396,000 111,472,000  59,879,000 58,823,000 60,610,000 58,568,000 57,459,000 53,426,000 52,115,000 51,820,000 51,163,000 52,579,000 52,475,000 52,168,000 56,726,000 58,834,000 60,634,000 67,443,000 69,034,000 72,635,000 77,805,000 78,396,000 79,818,000 79,457,000 79,806,000  78,279,000 76,068,000 76,445,000  81,293,000 83,957,000 85,854,000 81,077,000 80,461,000 76,498,000 74,716,000   
      ceded unearned premiums
    		39,716,000 41,508,000 41,553,000 41,413,000 37,682,000 35,969,000 34,029,000 32,346,000 29,819,000 29,973,000 28,918,000 28,453,000 26,560,000 26,407,000 24,792,000 23,795,000 22,567,000 23,725,000 21,524,000  22,309,000 26,073,000 30,191,000  35,105,000 35,900,000 33,537,000  34,414,000 36,950,000 33,170,000  30,578,000 30,432,000 27,704,000  26,600,000 28,886,000 24,345,000  22,214,000 21,202,000 21,388,000  18,441,000 18,649,000 18,675,000 17,226,000 17,750,000 16,534,000 15,012,000 15,455,000 14,563,000 12,634,000 11,552,000 12,478,000 11,892,000 12,954,000 13,385,000 14,688,000 17,498,000 21,203,000 24,005,000 27,447,000 30,287,000 33,135,000 33,760,000               
      deferred policy acquisition costs
    		115,735,000 111,481,000 104,902,000 105,474,000 106,517,000 100,599,000 93,711,000 91,917,000 91,613,000 84,423,000 76,919,000 75,582,000 76,662,000 73,518,000 70,812,000 73,024,000 76,445,000 74,432,000 72,303,000  79,779,000 77,350,000 72,132,000  78,344,000 75,670,000 71,905,000  77,533,000 75,223,000 71,217,000  76,458,000 74,410,000 70,568,000  75,099,000 72,386,000 68,404,000  72,976,000 71,273,000 67,275,000  71,179,000 69,110,000 64,812,000 67,088,000 65,751,000 62,057,000 63,905,000 62,026,000 58,627,000 59,507,000 57,979,000 54,598,000 55,579,000 53,351,000 50,068,000 50,755,000 49,630,000 47,656,000 51,377,000 52,185,000 51,271,000 52,367,000 50,579,000  50,905,000 50,500,000 48,767,000  49,763,000 49,599,000 47,252,000 46,062,000 45,872,000 44,169,000 43,434,000   
      deferred income taxes
    		4,828,000 6,452,000 7,683,000 11,200,000 4,837,000 14,328,000 14,667,000 12,150,000 21,307,000 20,515,000 17,717,000 21,074,000 11,315,000 1,803,000 4,963,000 15,240,000 11,561,000 11,915,000 11,574,000  8,886,000 4,413,000 6,001,000    2,949,000  3,423,000 2,307,000 714,000    309,000      4,298,000 4,256,000 2,128,000  1,603,000  70,000 4,207,000 4,232,000 5,732,000 9,745,000 5,194,000 3,694,000  1,340,000 4,595,000 4,000 2,624,000 5,798,000 1,780,000 10,582,000 13,456,000 24,359,000 19,029,000 11,847,000 21,132,000 16,176,000  17,909,000 24,694,000 22,117,000  18,825,000 14,943,000 17,322,000 11,293,000 15,078,000 6,804,000 7,654,000   
      equity and deposits in pools
    		8,772,000 4,875,000 4,489,000 3,740,000 9,691,000 6,947,000 36,410,000 35,247,000 37,096,000 34,249,000 34,008,000 33,648,000 36,350,000 36,369,000 32,705,000 33,592,000 38,955,000 34,765,000 29,875,000  37,265,000 34,118,000 30,004,000  33,231,000 28,492,000 28,505,000  31,469,000 29,699,000 28,660,000  30,934,000 26,510,000 25,295,000  28,132,000 27,695,000 23,373,000  28,993,000 27,302,000 25,775,000  25,859,000 22,655,000 22,094,000 19,550,000 18,872,000 18,267,000 16,567,000 14,511,000 16,314,000 13,949,000 13,308,000 13,591,000 25,682,000 27,667,000 24,813,000 29,019,000 26,092,000 25,648,000 35,406,000 24,245,000 28,660,000 39,966,000 28,721,000  44,469,000 30,257,000 16,549,000  49,775,000 45,890,000 27,791,000 45,625,000 36,015,000 8,084,000 35,287,000   
      operating lease right-of-use-assets
    		12,626,000 13,657,000 14,673,000 15,733,000 16,845,000 17,966,000 19,078,000 19,756,000 20,586,000 21,734,000 22,214,000 23,336,000 24,183,000 25,348,000 26,527,000 27,115,000 27,313,000 28,573,000 29,801,000  32,004,000 33,092,000 34,256,000  35,758,000 36,116,000 36,992,000                                                       
      goodwill
    		17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000 17,093,000                                                                      
      intangible assets
    		7,019,000 7,256,000 7,493,000 7,730,000 7,967,000 7,130,000 7,340,000 7,551,000 7,242,000 7,439,000 7,637,000 7,856,000                                                                      
      other assets
    		17,762,000 20,797,000 21,142,000 24,037,000 24,672,000 24,863,000 27,198,000 25,232,000 27,539,000 27,973,000 27,328,000 29,054,000 25,784,000 28,065,000 27,955,000 27,108,000 27,704,000 28,047,000 27,555,000  26,368,000 27,251,000 24,078,000  22,155,000 23,290,000 22,881,000  20,280,000 19,879,000 20,863,000  15,535,000 15,594,000 15,808,000  13,789,000 16,917,000 15,013,000  13,717,000 14,347,000 13,963,000  14,466,000 15,475,000 16,104,000 15,268,000 15,875,000 16,673,000 14,242,000 15,516,000 16,518,000 11,766,000 13,038,000 13,252,000 10,676,000 11,676,000 12,376,000 13,105,000 14,432,000 14,709,000 14,429,000 12,458,000 11,163,000 9,230,000 5,866,000  3,096,000 3,559,000 2,408,000  2,480,000 2,136,000 2,537,000 3,591,000 3,120,000 3,570,000 1,886,000   
      total assets
    		2,449,840,000 2,364,208,000 2,291,302,000 2,270,090,000 2,270,638,000 2,161,917,000 2,093,439,000 2,094,004,000 2,052,105,000 2,016,105,000 1,989,798,000 1,972,569,000 1,934,153,000 1,947,406,000 1,990,684,000 2,117,391,000 2,144,728,000 2,107,903,000 2,045,660,000 2,054,273 2,047,110,000 2,018,914,000 1,930,719,000 2,022,669 2,033,801,000 1,973,114,000 1,918,018,000 1,856,240 1,878,630,000 1,830,326,000 1,797,337,000 1,807,279 1,854,610,000 1,815,049,000 1,761,030,000 1,758,246 1,795,573,000 1,764,499,000 1,694,230,000 1,703,869 1,719,655,000 1,724,574,000 1,742,308,000 1,675,719 1,674,614,000 1,652,923,000 1,621,825,000 1,614,037,000 1,592,446,000 1,585,248,000 1,593,439,000 1,582,243,000 1,484,593,000 1,489,197,000 1,466,593,000 1,426,174,000 1,480,109,000 1,441,369,000 1,426,636,000 1,455,265,000 1,417,938,000 1,416,693,000 1,462,269,000 1,464,279,000 1,451,448,000 1,418,489,000 1,396,052,000 1,355,748 1,359,489,000 1,303,775,000 1,286,116,000 1,257,675 1,318,400,000 1,283,199,000 1,223,586,000 1,207,769,000 1,148,565,000 1,103,208,000 1,061,178,000   
      liabilities
    		                                                                                 
      losses and loss adjustment expense reserves
    		719,812,000 685,941,000 682,717,000 671,669,000                567,581    610,566    584,719    574,054    560,321    553,977    482,012                                      
      unearned premium reserves
    		675,865,000 659,464,000 622,146,000 619,916,000 621,975,000 586,577,000 544,075,000 528,150,000 525,297,000 488,788,000 444,990,000 433,375,000 437,104,000 421,455,000 405,447,000 413,487,000 434,167,000 427,115,000 412,387,000  447,157,000 440,007,000 428,291,000  466,003,000 453,612,000 430,389,000  460,405,000 452,402,000 427,231,000  451,119,000 442,031,000 418,311,000  439,732,000 428,135,000 403,083,000  425,009,000 416,381,000 394,836,000  411,904,000 403,638,000 381,412,000 392,265,000 387,311,000 365,796,000 371,437,000 362,679,000 343,865,000 345,165,000 337,122,000 318,944,000 322,761,000 313,009,000 296,052,000 302,223,000 300,834,000 294,883,000 321,889,000 333,944,000 335,513,000 356,509,000 354,446,000  359,833,000 362,845,000 358,284,000  376,119,000 378,034,000 364,890,000 361,536,000 357,123,000 337,589,000 324,353,000   
      accounts payable and accrued liabilities
    		73,122,000 69,568,000 59,524,000 77,276,000 69,039,000 68,301,000 60,615,000 64,235,000 61,757,000 59,557,000 53,252,000 73,875,000 59,293,000 54,663,000 51,160,000 76,598,000 64,413,000 58,247,000 44,944,000  71,315,000 60,518,000 55,911,000  61,515,000 56,799,000 53,875,000  57,857,000 53,269,000 51,275,000  51,290,000 54,078,000 49,051,000  54,382,000 51,762,000 46,593,000  43,073,000 44,783,000 44,945,000  52,623,000 52,685,000 47,053,000 51,246,000 48,515,000 44,622,000 48,720,000 47,831,000 42,581,000 38,972,000 39,286,000 38,075,000 43,516,000 39,170,000 35,407,000 38,903,000 33,719,000 31,749,000 38,043,000 34,926,000 28,024,000 30,169,000 25,688,000  32,257,000 30,063,000 23,597,000  27,672,000 25,637,000 20,409,000 27,809,000 23,173,000 18,820,000 22,944,000   
      payable for securities purchased
    		8,623,000 17,103,000 9,913,000 6,949,000 6,867,000 11,521,000 6,434,000 1,863,000 2,059,000   1,359,000 3,115,000 5,192,000 16,354,000 16,477,000 28,224,000 26,259,000 28,487,000  11,756,000 7,451,000 4,343,000  6,145,000 7,684,000 5,494,000  7,385,000 7,226,000 9,764,000  14,860,000 14,763,000 11,288,000  6,342,000 7,093,000 2,181,000  4,296,000 5,135,000 3,242,000  3,249,000 6,554,000 4,365,000 11,277,000 5,397,000 19,721,000 18,198,000 52,620,000  14,668,000 10,532,000  11,895,000  7,617,000 15,710,000 3,679,000 2,532,000    1,720,000 4,431,000    15,302,000  8,921,000   4,983,000      
      payable to reinsurers
    		29,053,000 15,211,000 20,442,000 19,074,000 30,296,000 15,736,000 12,496,000 15,941,000 24,526,000 13,069,000 9,895,000 11,444,000 22,623,000 13,343,000 2,743,000 9,192,000 18,623,000 11,214,000 525,000  19,335,000 11,794,000 2,446,000  33,101,000 21,240,000 18,939,000  33,814,000 22,361,000 19,456,000  29,013,000 17,401,000 5,825,000  30,393,000 23,177,000 11,586,000  26,280,000 17,227,000 9,711,000  18,979,000 12,958,000 7,441,000 17,674,000 12,020,000 6,373,000 14,877,000 10,335,000 4,973,000 10,964,000 7,296,000 4,594,000 10,954,000 8,412,000 5,068,000 14,397,000 11,512,000 7,731,000 26,032,000 18,810,000 11,932,000 23,570,000 14,016,000  37,892,000 27,591,000 14,103,000  43,083,000 30,993,000 17,505,000 48,102,000 35,066,000 26,742,000 36,145,000   
      taxes payable
    		1,185,000  1,220,000 1,009,000   780,000     1,729,000     2,643,000 4,965,000 6,055,000  160,000  543,000    8,286,000        1,537,000  421,000             1,419,000         2,279,000 367,000   671,000 1,385,000 5,284,000 835,000 7,017,000    10,749,000  4,570,000 4,021,000 5,352,000 557,000  626,000    
      short-term debt
    		   30,000,000 30,000,000 30,000,000 30,000,000                                                                           
      long-term debt
    		30,000,000 30,000,000 30,000,000                                                                               
      operating lease liabilities
    		12,626,000 13,657,000 14,673,000 15,733,000 16,845,000 17,966,000 19,078,000 19,756,000 20,586,000 21,734,000 22,214,000 23,336,000 24,183,000 25,348,000 26,527,000 27,115,000 27,313,000 28,573,000 29,801,000  32,004,000 33,092,000 34,256,000  35,758,000 36,116,000 36,992,000                                                       
      total liabilities
    		1,550,286,000 1,490,944,000 1,440,635,000 1,441,626,000 1,419,197,000 1,351,738,000 1,286,368,000 1,289,737,000 1,282,356,000 1,222,355,000 1,186,873,000 1,160,570,000 1,149,788,000 1,128,783,000 1,128,796,000 1,190,218,000 1,216,651,000 1,187,604,000 1,155,407,000 1,169,594 1,209,259,000 1,201,936,000 1,168,610,000 1,214,263 1,241,724,000 1,190,065,000 1,162,956,000 1,137,596 1,166,759,000 1,133,858,000 1,111,692,000 1,106,263 1,151,771,000 1,121,215,000 1,083,181,000 1,087,520 1,108,270,000 1,084,464,000 1,035,899,000 1,059,370 1,075,213,000 1,078,232,000 1,075,301,000 967,436 968,847,000 949,222,000 915,010,000 920,596,000 908,088,000 888,767,000 897,030,000 900,904,000 815,537,000 833,913,000 820,171,000 783,620,000 820,688,000 797,682,000 793,774,000 835,031,000 816,249,000 811,161,000 867,638,000 875,201,000 866,394,000 888,336,000 876,641,000 859,400 884,243,000 868,401,000 875,006,000 869,726 953,878,000 941,659,000 911,378,000 913,302,000 877,028,000 826,491,000 795,622,000   
      commitments and contingencies
    		                                                                                 
      shareholders’ equity
    		                                                                                 
      common stock: 0.01 par value; 30,000,000 shares authorized; 18,051,631 and 17,995,584 shares issued
    		181,000                                                                                 
      additional paid-in capital
    		234,547,000 233,391,000 232,264,000 230,864,000 229,891,000 228,817,000 227,820,000 226,380,000 225,301,000 224,476,000 223,304,000 222,049,000 220,755,000 219,453,000 218,152,000 216,070,000 214,576,000 213,079,000 211,638,000  208,113,000 206,130,000 204,064,000  200,836,000 199,644,000 198,014,000  193,991,000 192,495,000 191,328,000  188,576,000 187,262,000 186,071,000  183,397,000 182,278,000 181,173,000  178,716,000 177,565,000 176,597,000  174,302,000 173,177,000 171,989,000 169,154,000 167,757,000 165,074,000 161,726,000 160,116,000 158,991,000 156,079,000 154,991,000 153,700,000 148,800,000 147,325,000 146,108,000 143,527,000 142,357,000 141,242,000 139,177,000 136,748,000 135,210,000 132,297,000 131,086,000  127,062,000 125,537,000 122,078,000  119,015,000 118,004,000 115,859,000 113,385,000 111,464,000 111,132,000 110,632,000   
      accumulated other comprehensive loss, net of taxes
    		-22,389,000 -32,854,000 -38,771,000 -51,047,000 -32,230,000 -59,843,000 -58,626,000                                                                           
      retained earnings
    		837,508,000 822,839,000 807,286,000 798,760,000 803,893,000 791,318,000 787,990,000 781,192,000 782,169,000 793,443,000 789,725,000 815,309,000 803,888,000 810,955,000 816,335,000 821,743,000 803,248,000 791,921,000 767,744,000  705,469,000 674,349,000 645,691,000  646,687,000 644,922,000 631,359,000  610,768,000 594,172,000 579,651,000  571,552,000 565,782,000 555,340,000  552,657,000 544,672,000 533,916,000  531,962,000 530,593,000 542,108,000  587,807,000 582,880,000 570,676,000 565,380,000 556,952,000 548,145,000 542,983,000 537,840,000 528,536,000 521,758,000 520,542,000 524,049,000 530,058,000 522,102,000 513,051,000 502,056,000 491,169,000 482,359,000 471,563,000 459,738,000 445,313,000 405,845,000 386,987,000  347,496,000 322,392,000 296,132,000  244,049,000 216,406,000 195,041,000 171,096,000 157,774,000 149,021,000 139,961,000   
      treasury stock
    		-150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -150,293,000 -145,000,000 -145,000,000 -150,000,000 -150,000,000 -150,000,000 -135,397,000 -123,834,000 -123,834,000 -123,834,000  -123,834,000 -105,980,000 -94,227,000  -83,835,000 -83,835,000 -83,835,000  -83,835,000 -83,835,000 -83,835,000  -83,835,000 -83,835,000 -83,835,000  -83,835,000 -83,835,000 -83,835,000  -83,835,000 -83,835,000 -83,835,000  -83,835,000                                     
      total shareholders’ equity
    		899,554,000 873,264,000 850,667,000 828,464,000 851,441,000 810,179,000 807,071,000 804,267,000 769,749,000 793,750,000 802,925,000 811,999,000 784,365,000 818,623,000 861,888,000 927,173,000 928,077,000 920,299,000 890,253,000  837,851,000 816,978,000 762,109,000  792,077,000 783,049,000 755,062,000  711,871,000 696,468,000 685,645,000  702,839,000 693,834,000 677,849,000  687,303,000 680,035,000 658,331,000  644,442,000 646,342,000 667,007,000  705,767,000 703,701,000 706,815,000 693,441,000 684,358,000 696,481,000 696,409,000 681,339,000 669,056,000 655,284,000 646,422,000 642,554,000 659,421,000 643,687,000 632,862,000 620,234,000 601,689,000 605,532,000 594,631,000 589,078,000 585,054,000 530,153,000 519,411,000 496,348 475,246,000 435,374,000 411,110,000  364,522,000 341,540,000 312,208,000 294,467,000 271,537,000 276,717,000 265,556,000   
      total liabilities and shareholders’ equity
    		2,449,840,000 2,364,208,000 2,291,302,000 2,270,090,000 2,270,638,000 2,161,917,000 2,093,439,000 2,094,004,000 2,052,105,000 2,016,105,000 1,989,798,000 1,972,569,000 1,934,153,000 1,947,406,000 1,990,684,000 2,117,391,000 2,144,728,000 2,107,903,000 2,045,660,000  2,047,110,000 2,018,914,000 1,930,719,000  2,033,801,000 1,973,114,000 1,918,018,000  1,878,630,000 1,830,326,000 1,797,337,000  1,854,610,000 1,815,049,000 1,761,030,000  1,795,573,000 1,764,499,000 1,694,230,000  1,719,655,000 1,724,574,000 1,742,308,000  1,674,614,000 1,652,923,000 1,621,825,000 1,614,037,000 1,592,446,000 1,585,248,000 1,593,439,000 1,582,243,000 1,484,593,000 1,489,197,000 1,466,593,000 1,426,174,000 1,480,109,000 1,441,369,000 1,426,636,000 1,455,265,000 1,417,938,000 1,416,693,000 1,462,269,000 1,464,279,000 1,451,448,000 1,418,489,000 1,396,052,000  1,359,489,000 1,303,775,000 1,286,116,000  1,318,400,000 1,283,199,000 1,223,586,000 1,207,769,000 1,148,565,000 1,103,208,000 1,061,178,000   
      taxes recoverable
    		 1,701,000   2,233,000 2,233,000  623,000 7,286,000 3,129,000 4,835,000  17,550,000 16,153,000 4,525,000 1,508,000      411,000   1,454,000 1,671,000   170,000 2,735,000 2,568,000  3,849,000 4,082,000    17,037,000 14,182,000  23,929,000 29,129,000 25,815,000  2,009,000 566,000 5,474,000 151,000 125,000  3,551,000 1,814,000 3,990,000 9,652,000 11,719,000 8,949,000 2,695,000 3,514,000   2,404,000 4,224,000       120,000 1,339,000            
      common stock: 0.01 par value; 30,000,000 shares authorized; 18,051,129 and 17,995,584 shares issued
    		 181,000                                                                                
      common stock: 0.01 par value; 30,000,000 shares authorized; 18,051,280 and 17,995,584 shares issued
    		  181,000                                                                               
      other liabilities
    		      9,094,000 26,711,000 33,956,000 39,180,000 41,383,000 30,854,000 28,058,000 30,637,000 31,581,000 31,458,000 21,160,000 12,365,000 14,368,000  2,157,000 14,914,000 4,127,000  35,017,000 24,270,000 27,219,000  24,341,000 18,809,000 24,192,000  21,440,000 25,730,000 27,620,000  18,679,000 23,098,000 21,257,000  23,226,000 34,271,000 52,554,000  12,716,000 11,846,000 13,717,000 9,638,000 22,249,000 13,308,000 20,412,000 18,786,000 19,286,000 23,426,000 22,185,000 25,275,000 18,496,000 16,476,000 16,911,000 16,625,000 15,546,000 17,509,000                    
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,995,584 and 17,949,484 shares issued
    		   180,000 180,000                                                                             
      loss and loss adjustment expense reserves
    		    644,175,000 621,637,000 603,796,000 603,081,000 584,175,000 565,027,000 570,139,000 549,598,000 545,412,000 548,145,000 560,021,000 570,651,000 578,547,000 576,951,000 577,266,000  586,489,000 599,747,000 608,693,000  601,459,000 589,123,000 581,762,000  582,957,000 579,791,000 579,774,000  577,637,000 562,709,000 569,549,000  552,242,000 544,082,000 549,901,000  553,329,000 560,435,000 570,013,000  467,773,000 457,789,000 461,022,000 438,496,000 432,596,000 431,796,000 413,641,000 403,459,000 401,138,000 398,337,000 403,750,000 396,732,000 413,066,000 420,615,000 430,440,000 446,806,000 450,959,000 456,757,000 464,191,000 468,992,000 467,940,000 458,234,000 453,536,000  437,726,000 429,621,000 435,751,000  455,813,000 462,729,000 462,302,000 432,295,000 421,564,000 401,285,000 371,649,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,993,947 and 17,949,484 shares issued
    		     180,000                                                                            
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,994,242 and 17,949,484 shares issued
    		      180,000                                                                           
      debt
    		       30,000,000 30,000,000 35,000,000 45,000,000 35,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000  30,000,000 30,000,000 30,000,000                                                  19,956,000 19,956,000 19,956,000 19,956,000 19,956,000 19,956,000 19,956,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,949,484 and 17,879,095 shares issued
    		       179,000 179,000                                                                         
      accumulated other comprehensive income, net of taxes
    		       -53,191,000 -87,607,000 -74,055,000 -65,283,000 -80,538,000 -90,457,000 -61,964,000 -22,778,000 24,579,000 33,909,000 38,955,000 34,527,000  47,925,000 42,302,000 6,404,000  28,212,000 22,141,000 9,347,000  -9,229,000 -6,540,000 -1,675,000  26,371,000 24,450,000 20,098,000  34,910,000 36,746,000 26,903,000  17,425,000 21,845,000 31,963,000  27,320,000 31,306,000 24,345,000 19,103,000 19,845,000 38,660,000 47,099,000 38,782,000 36,928,000 32,847,000 26,246,000 20,162,000 35,921,000 29,619,000 23,248,000 24,197,000 7,945,000 3,395,000   8,396,000  1,176,000  528,000    1,301,000 6,973,000 1,152,000 9,831,000 2,145,000 16,411,000 14,904,000   
      short term investments, at fair value
    		         79,000 79,000   5,000 5,000    447,000                                                               
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,949,717 and 17,879,095 shares issued
    		         179,000                                                                        
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,948,889 and 17,879,095 shares issued
    		          179,000                                                                       
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,879,095 and 17,813,370 shares issued
    		           179,000 179,000                                                                     
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,881,694 and 17,813,370 shares issued
    		             179,000                                                                    
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,883,255 and 17,813,370 shares issued
    		              179,000                                                                   
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,813,370 and 17,724,866 shares issued
    		               178,000                                                                  
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,813,573 and 17,724,866 shares issued
    		                178,000 178,000                                                                
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,814,166 and 17,724,866 shares issued
    		                  178,000                                                               
      balance sheet data:
    		                                                                                 
      total cash and investment securities
    		                   1,561,356    1,487,362    1,370,936    1,348,763    1,300,558    1,256,937    1,298,716                        966,888              
      total shareholders' equity
    		                   884,679    808,406    718,644    701,016    670,726    644,499    708,283                            387,949          
      gaap ratios:
    		                                                                                 
      loss ratio
    		                   52.5    64.6    62.1    65.1    65.3    83    66.5                        56.6    61.9          
      expense ratio
    		                   34.6    31    31.6    32.1    30.8    29    30.6                        26.2    23.4          
      combined ratio
    		                   87.1    95.6    93.7    97.2    96.1    112    97.1                        82.8    85.3          
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,724,866 and 17,662,779 shares issued
    		                    178,000 177,000                                                            
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,732,359 and 17,662,779 shares issued
    		                      177,000                                                           
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,663,364 and 17,566,180 shares issued
    		                        177,000 177,000 177,000                                                       
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,566,180 and 17,499,544 shares issued
    		                            176,000                                                     
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,566,461 and 17,499,544 shares issued
    		                             176,000 176,000                                                   
      securities available for sale:
    		                                                                                 
      fixed maturities, at fair value
    		                                1,177,631,000 1,148,659,000 1,139,788,000  1,152,283,000 1,112,277,000 1,091,263,000  1,071,167,000 1,080,165,000 1,132,872,000  1,129,860,000 1,111,248,000 1,125,506,000 1,124,982,000 1,118,028,000 1,142,406,000 1,171,464,000 1,115,507,000 1,042,829,000 1,073,216,000 1,033,321,000 1,023,661,000 1,037,739,000 1,028,460,000 1,049,551,000 1,026,818,000 994,533,000 951,218,000 938,064,000 979,271,000 1,018,477,000 879,105,000 913,100,000  911,067,000 856,476,000 800,452,000  694,773,000 673,766,000 670,501,000 654,195,000 646,756,000 684,723,000 660,782,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,499,544 and 17,430,189 shares issued
    		                                175,000                                                 
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,498,644 and 17,430,189 shares issued
    		                                 175,000 175,000                                               
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,430,189 and 17,373,643 shares issued
    		                                    174,000                                             
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,437,644 and 17,373,643 shares issued
    		                                     174,000                                            
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,427,897 and 17,373,643 shares issued
    		                                      174,000                                           
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,371,903 and 17,288,728 shares issued
    		                                        174,000                                         
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,372,209 and 17,288,728 shares issued
    		                                         174,000                                        
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,371,994 and 17,288,728 shares issued
    		                                          174,000                                       
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,285,228 and 17,207,929 shares issued
    		                                            173,000                                     
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,288,504 and 17,207,929 shares issued
    		                                             173,000                                    
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,286,871 and 17,207,929 shares issued
    		                                              173,000                                   
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,205,134 and 17,052,034 shares issued
    		                                               172,000                                  
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,200,461 and 17,052,034 shares issued
    		                                                172,000                                 
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,158,536 and 17,052,034 shares issued
    		                                                 171,000                                
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,047,104 and 16,915,432 shares issued
    		                                                  170,000                               
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,032,693 and 16,915,432 shares issued
    		                                                   170,000                              
      common stock: 0.01 par value; 30,000,000 shares authorized; 17,029,853 and 16,915,432 shares issued
    		                                                    170,000                             
      other invested assets, at cost, which approximates fair value
    		                                                     7,783,000 5,818,000 3,348,000                          
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,915,232 and 16,795,504 shares issued
    		                                                     169,000                            
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,915,032 and 16,795,504 shares issued
    		                                                      169,000                           
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,908,517 and 16,795,504 shares issued
    		                                                       169,000                          
      investment securities available for sale:
    		                                                                                 
      total investment securities
    		                                                        1,051,697,000 1,041,821,000 1,061,981,000 1,036,624,000 1,004,091,000 1,028,595,000 946,379,000 987,874,000 1,027,096,000 885,953,000 919,728,000  915,193,000 860,459,000 804,458,000  696,930,000 675,842,000 672,530,000       
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,754,727 and 16,624,220 shares issued
    		                                                        168,000                         
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,739,927 and 16,624,220 shares issued
    		                                                         167,000                        
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,734,132 and 16,624,220 shares issued
    		                                                          167,000                       
      short-term securities, at amortized cost which approximates fair value
    		                                                                                 
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,614,554 and 16,464,530 shares issued
    		                                                           166,000                      
      short term securities, at amortized cost which approximates fair value
    		                                                             67,972,000                    
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,610,054 and 16,464,530 shares issued
    		                                                            166,000                     
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,608,149 and 16,464,530 shares issued
    		                                                             166,000                    
      other liabilites
    		                                                              16,812,000                   
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,460,530 and 16,242,213 shares issued
    		                                                              165,000                   
      outstanding claims drafts
    		                                                               17,144,000 17,701,000 17,299,000 17,507,000  16,439,000 18,128,000 17,010,000  17,423,000 19,913,000 20,533,000 17,526,000 19,554,000 18,555,000 19,094,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,399,106 and 16,242,213 shares issued
    		                                                               164,000                  
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,373,008 and 16,242,213 shares issued
    		                                                                164,000                 
      capital lease obligations
    		                                                                    96,000 153,000 210,000  321,000 376,000 431,000 538,000 592,000 644,000    
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,233,463 and 16,096,004 shares issued and outstanding, respectively
    		                                                                 162,000                
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,223,363 and 16,096,004 shares issued and outstanding, respectively
    		                                                                  162,000               
      losses and loss adjustment expenses reserves
    		                                                                   449,444    450,716          
      total debt
    		                                                                                 
      mandatorily redeemable preferred stock
    		                                                                                 
      statutory data:
    		                                                                                 
      policyholders’ surplus
    		                                                                   457,505              
      prepaid reinsurance premiums
    		                                                                    34,834,000 36,853,000 38,354,000  40,946,000 42,202,000 42,725,000 45,253,000 42,856,000 37,268,000 34,396,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; 16,019,436 and 15,787,947 shares issued and outstanding, respectively
    		                                                                    160,000             
      common stock: 0.01 par value; 30,000,000 shares authorized; 15,989,203 and 15,787,947 shares issued and outstanding, respectively
    		                                                                     160,000            
      common stock: 0.01 par value; 30,000,000 shares authorized; 15,880,717 and 15,787,947 shares issued and outstanding, respectively
    		                                                                      159,000           
      total cash & investment securities
    		                                                                       877,570          
      policyholders' surplus
    		                                                                       350,833          
      common stock: 0.01 par value; 30,000,000 shares authorized; 15,743,472 and 15,500,052 shares issued and outstanding , respectively
    		                                                                        157,000         
      common stock: 0.01 par value; 30,000,000 shares authorized; 15,729,137 and 15,500,052 shares issued and outstanding , respectively
    		                                                                         157,000        
      common stock: 0.01 par value; 30,000,000 shares authorized; and 15,632,701 and 15,500,052 shares issued and outstanding
    		                                                                          156,000       
      taxes receivable
    		                                                                            1,390,000  1,355,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; and 15,465,150 and 15,259,991 shares issued and outstanding, respectively
    		                                                                           155,000      
      promissory notes receivable from management
    		                                                                                 
      common stock: 0.01 par value; 30,000,000 shares authorized; and 15,353,405 shares and 15,259,991 shares issued and outstanding, respectively
    		                                                                            154,000     
      payable for securities
    		                                                                             2,274,000 1,481,000   
      common stock: 0.01 par value; 30,000,000 shares authorized; and 15,334,690 shares and 15,259,991 shares issued and outstanding, respectively
    		                                                                             153,000    
      common stock: 0.01 par value; 30,000,000 shares authorized, 15,259,991 shares issued and outstanding
    		                                                                              153,000   
      shareholders' equity
    		                                                                                 
      total liabilities and shareholders' equity
    		                                                                                 
      equipment and leasehold improvements
    		                                                                                 
      deferred debt issuance costs
    		                                                                                 
      common stock: 0.01 par value; 30,000,000 shares authorized, 15,259,991 issued and outstanding in 2002; 9,296,000 shares authorized, 5,810,000 issued and outstanding in 2001
    		                                                                                 
      total liabilities, mandatorily redeemable preferred stock and shareholders' equity
    		                                                                                 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.