| Fixed maturities |
| Held to maturity, at amortized cost |
40.41M |
| Available for sale, at fair value |
697.45M |
| Equity securities, available for sale, at fair value |
9.83M |
| Investments in affiliates |
37.46M |
| Short-term investments, at cost, which approximates fair value |
11.26M |
| Total investments |
796.41M |
| Cash |
23.93M |
| Accrued investment income |
6.56M |
| Premiums receivable |
127.62M |
| Reinsurance receivable |
220.55M |
| Deferred policy acquisition costs |
41.19M |
| Deferred tax asset, net |
6.82M |
| Prepaid reinsurance premiums |
114.69M |
| Property and equipment, net |
5.81M |
| Accounts receivable - securities |
| Federal income taxes recoverable |
190.34K |
| Goodwill |
5.63M |
| Other intangible assets |
958.01K |
| Other |
1.21M |
| Total assets |
1.35B |
| Liabilities |
| Unpaid losses and loss expenses |
470.56M |
| Unearned premiums |
374.38M |
| Accrued expenses |
14.45M |
| Reinsurance balances payable |
14.98M |
| Borrowings under line of credit |
61.5M |
| Cash dividends declared to stockholders |
0 |
| Subordinated debentures |
5M |
| Accounts payable - securities |
3.52M |
| Payable for the purchase of Michigan Insurance Company |
| Due to affiliate |
0 |
| Drafts payable |
621.77K |
| Other |
2.31M |
| Total liabilities |
947.31M |
| Stockholders' Equity |
| Preferred stock, $1.00 par value, authorized 2,000,000 shares; none issued |
0 |
| Additional paid-in capital |
178.7M |
| Accumulated other comprehensive income |
22.34M |
| Retained earnings |
216.12M |
| Treasury stock |
-12.71M |
| Total stockholders' equity |
404.72M |
| Total liabilities and stockholders' equity |
1.35B |
| Class A Shares |
| Stockholders' Equity |
| Common stock value |
210.93K |
| Total stockholders' equity |
210.93K |
| Class B Shares |
| Stockholders' Equity |
| Common stock value |
56.49K |
| Total stockholders' equity |
56.49K |
