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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income $ 23,322 $ 16,495
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 627 644
Net amortization of investments 7,389 6,183
Deferred income taxes (3,266) (1,772)
Net realized (gains)/losses on investments (333) 1,267
Loss on sale of asset   2
Share-based compensation 423 669
Changes in operating assets and liabilities:    
Premiums receivable, net (33,534) (38,295)
Accrued interest receivable 8 (488)
Deferred policy acquisition costs (2,638) (2,540)
Other assets (3,328) (2,121)
Reserves for loss and loss adjustment expenses 42,719 23,020
Unearned premiums 19,942 24,188
Reinsurance balances (9,793) (1,855)
Amounts held for others and policyholder deposits 6,175 7,756
Accounts payable and other liabilities 22,885 26,293
Net cash provided by operating activities 70,598 59,446
Investing Activities    
Purchases of investments held-to-maturity (92,419) (48,321)
Purchases of investments available-for-sale (67,029) (77,720)
Purchases of short-term investments (69,139) (72,680)
Proceeds from maturities of investments held-to-maturity 46,614 62,403
Proceeds from sales and maturities of investments available-for-sale 33,120 11,179
Proceeds from sales and maturities of short-term investments 66,061 58,039
Purchases of property and equipment (667) (662)
Net cash used in investing activities (83,459) (67,762)
Financing Activities    
Proceeds from stock option exercises 1,127 1,125
Tax benefit from share-based payments 1,227 883
Dividends to stockholders (13,752) (2,944)
Net cash used in financing activities (11,398) (936)
Change in cash and cash equivalents (24,259) (9,252)
Cash and cash equivalents at beginning of period 123,077 92,676
Cash and cash equivalents at end of period $ 98,818 $ 83,424