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Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Fair Values of Financial Instruments [Abstract]

Summary of carrying or reported values and corresponding fair value for financial instruments

		December 31,
		2012								2011
		Carrying Amount				Fair Value				Carrying Amount				Fair Value
		(In thousands)
Assets:
Fixed maturity securities—held to maturity		$	583,287			$	627,349			$	646,048			$	685,242
Fixed maturity securities—available for sale			149,139				149,139				100,742				100,742
Equity securities			6,766				6,766				12,240				12,240
Cash and cash equivalents			92,676				92,676				45,536				45,536
Short-term investments			68,924				68,924				46,944				46,944
Liabilities:
Subordinated debt securities:
ACT II			—				—				25,780				25,780

Fair Value Measured on a Recurring Basis

		December 31, 2012
		Level 1 Inputs				Level 2 Inputs				Level 3 Inputs				Total Fair Value
		(in thousands)
Securities available for sale—equity
Domestic common stock		$	6,766			$	—			$	—			$	6,766
Securities available for sale—fixed maturity
States and political subdivisions			—				98,243				—				98,243
U.S. agency-based mortgage-backed securities			—				11,086				—				11,086
Corporate bonds			—				39,810				—				39,810
Total available for sale—fixed maturity		$	—			$	149,139			$	—			$	149,139
Total available for sale		$	6,766			$	149,139			$	—			$	155,905
		December 31, 2011
		Level 1 Inputs				Level 2 Inputs				Level 3 Inputs				Total Fair Value
		(in thousands)
Securities available for sale—equity
Domestic common stock		$	11,460			$	—			$	—			$	11,460
Securities available for sale—fixed maturity
States and political subdivisions			—				57,761				—				57,761
Corporate bonds			—				42,981				—				42,981
Total available for sale—fixed maturity		$	—			$	100,742			$	—			$	100,742
Total available for sale		$	11,460			$	100,742			$	—			$	112,202

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- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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-Publisher FASB

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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