Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Fixed maturity securities, held-to-maturity – at carrying value (fair value: $416,981 – 2013; $594,661 – 2012)	$ 392,879	$ 554,069
Fixed maturity securities, available-for-sale – at fair value (amortized cost: $3,675,977 – 2013; $3,130,683 – 2012)	3,715,536	3,296,013
Equity securities, available-for-sale – at fair value (cost of: $155,350 – 2013; $132,441 – 2012)	192,771	151,382
Short-term investments (at cost which approximates fair value)	174,251	214,479
Other investments	107,875	114,076
Total investments (Note 5)	4,583,312	4,330,019
Cash	193	210
Interest and dividends due or accrued	37,382	35,984
Premiums receivable, net of allowance for uncollectible accounts of: $4,442 – 2013; $3,906 – 2012	524,870	484,388
Reinsurance recoverable, net (Note 8)	550,897	1,421,109
Prepaid reinsurance premiums (Note 8)	143,000	132,637
Current federal income tax (Note 14)	512	2,569
Deferred federal income tax (Note 14)	122,613	119,136
Property and equipment – at cost, net of accumulated depreciation and amortization of: $179,192 – 2013; $169,428 – 2012	50,834	47,131
Deferred policy acquisition costs (Note 3)	172,981	155,523
Goodwill (Note 11)	7,849	7,849
Other assets	75,727	57,661
Total assets	6,270,170	6,794,216
LIABILITIES AND STOCKHOLDERS’ EQUITY
Reserve for losses and loss expenses (Note 9)	3,349,770	4,068,941
Unearned premiums	1,059,155	974,706
Notes payable (Note 10)	392,414	307,387
Accrued salaries and benefits	111,427	152,396
Other liabilities	203,476	200,194
Total liabilities	5,116,242	5,703,624
Stockholders’ Equity:
Preferred stock of $0 par value per share: Authorized shares: 5,000,000; no shares issued or outstanding	0	0
Common stock of $2 par value per share Authorized shares: 360,000,000 Issued: 99,120,235 - 2013; 98,194,224 - 2012	198,240	196,388
Additional paid-in capital	288,182	270,654
Retained earnings	1,202,015	1,125,154
Accumulated other comprehensive income (Note 6)	24,851	54,040
Treasury stock – at cost (shares: 43,198,622 – 2013; 43,030,776 – 2012)	(559,360)	(555,644)
Total stockholders’ equity	1,153,928	1,090,592
Commitments and contingencies (Notes 18 and 19)
Total liabilities and stockholders’ equity	$ 6,270,170	$ 6,794,216

The known and estimated amount recoverable as of the balance sheet date from reinsurers for claims paid or incurred by the ceding insurer and associated claims settlement expenses, including estimated amounts for claims incurred but not reported, and policy benefits, net of any related valuation allowance.

No definition available.