Hallmark Financial Services (HALL) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 07, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	HALLMARK FINANCIAL SERVICES INC
Entity Central Index Key	819,913
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	hall
Entity Common Stock, Shares Outstanding		19,210,512
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Debt securities, available-for-sale, at fair value (cost: $497,251 in 2015 and $450,770 in 2014)	$ 494,054	$ 450,785
Equity securities, available-for-sale, at fair value (cost: $25,080 in 2015 and $25,360 in 2014)	56,629	56,444
Total investments	550,683	507,229
Cash and cash equivalents	116,554	130,985
Restricted cash	14,687	11,914
Ceded unearned premiums	60,333	53,376
Premiums receivable	87,602	71,003
Accounts receivable	2,128	3,141
Receivable for securities	2,567	932
Reinsurance recoverable	112,584	109,719
Deferred policy acquisition costs	21,310	20,746
Goodwill	44,695	44,695
Intangible assets, net	16,193	17,427
Prepaid expenses	2,724	1,823
Other assets	9,882	7,879
Total assets	1,041,942	980,869
LIABILITIES AND STOCKHOLDERS' EQUITY
Subordinated debt securities	56,702	56,702
Reserves for unpaid losses and loss adjustment expenses	444,327	415,135
Unearned premiums	213,290	196,826
Reinsurance balances payable	32,468	26,403
Pension liability	2,527	2,619
Payable for securities	3,412	1,321
Federal income tax payable	3,007	968
Deferred federal income taxes, net	410	3,092
Accounts payable and other accrued expenses	23,487	25,766
Total liabilities	$ 779,630	$ 728,832
Commitments and Contingencies (Note 17)
Stockholders' equity:
Common stock, $.18 par value, authorized 33,333,333; issued 20,872,831 shares in 2015 and 2014	$ 3,757	$ 3,757
Additional paid-in capital	123,618	123,194
Retained earnings	131,357	119,638
Accumulated other comprehensive income	15,956	17,801
Treasury stock (1,626,863 shares in 2015 and 1,655,306 in 2014), at cost	(12,376)	(12,353)
Total stockholders' equity	262,312	252,037
Liabilities and equity, total	$ 1,041,942	$ 980,869

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Consolidated Balance Sheets [Abstract]
Debt securities, available-for-sale, cost (in dollars)	$ 497,251	$ 450,770
Equity securities, available for sale, cost (in dollars)	$ 25,080	$ 25,360
Common stock, par value (in dollars per share)	$ 0.18	$ 0.18
Common stock, authorized shares	33,333,333	33,333,333
Common stock, issued shares	20,872,831	20,872,831
Treasury stock, shares	1,626,863	1,655,306

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Operations [Abstract]
Gross premiums written	$ 133,508	$ 124,440	$ 258,567	$ 240,522
Ceded premiums written	(39,203)	(50,737)	(73,888)	(83,898)
Net premiums written	94,305	73,703	184,679	156,624
Change in unearned premiums	(5,829)	4,343	(9,507)	3,999
Net premiums earned	88,476	78,046	175,172	160,623
Investment income, net of expenses	3,711	2,986	6,556	6,227
Net realized gains	3,439	(284)	4,023	(99)
Finance charges	1,482	1,383	2,781	2,767
Commission and fees	(110)	(1,309)	(101)	(1,599)
Other income	199	14	216	26
Total revenues	97,197	80,836	188,647	167,945
Losses and loss adjustment expenses	59,725	52,502	115,815	105,272
Other operating expenses	26,446	24,510	52,360	50,646
Interest expense	1,134	1,143	2,274	2,295
Amortization of intangible assets	617	639	1,234	1,278
Total expenses	87,922	78,794	171,683	159,491
Income before tax	9,275	2,042	16,964	8,454
Income tax expense	2,899	391	5,245	2,255
Net income	$ 6,376	$ 1,651	$ 11,719	$ 6,199
Net income per share:
Basic	$ 0.33	$ 0.09	$ 0.61	$ 0.32
Diluted	$ 0.33	$ 0.09	$ 0.60	$ 0.32

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 6,376	$ 1,651	$ 11,719	$ 6,199
Other comprehensive income (loss):
Change in net actuarial gain	26	41	52	81
Tax effect on change in net actuarial gain	(9)	(14)	(18)	(28)
Unrealized holding (losses) gains arising during the period	(4,106)	3,766	2,963	2,121
Tax effect on unrealized holding (losses) gains arising during the period	1,437	(1,318)	(1,037)	(742)
Reclassification adjustment for (gains) losses included in net income	(4,992)	284	(5,853)	99
Tax effect on reclassification adjustment for (losses) gains included in net income	1,747	(99)	2,048	(35)
Other comprehensive (loss) income, net of tax	(5,897)	2,660	(1,845)	1,496
Comprehensive income	$ 479	$ 4,311	$ 9,874	$ 7,695

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2013	$ 3,757	$ 122,827	$ 106,209	$ 16,883	$ (11,558)
Acquisition of treasury stock					(736)
Stock options exercised					16
Equity based compensation		221
Net income			6,199			$ 6,199
Additional minimum pension liability, net of tax				53
Unrealized holding (losses) gains arising during period, net of tax				1,379
Reclassification adjustment for (gains) losses included in net income, net of tax				64
Balance at Jun. 30, 2014	3,757	123,048	112,408	18,379	(12,278)	245,314
Balance at Mar. 31, 2014	3,757	122,937	110,757	15,719	(11,558)
Acquisition of treasury stock					(736)
Stock options exercised					16
Equity based compensation		111
Net income			1,651			1,651
Additional minimum pension liability, net of tax				27
Unrealized holding (losses) gains arising during period, net of tax				2,448
Reclassification adjustment for (gains) losses included in net income, net of tax				185
Balance at Jun. 30, 2014	3,757	123,048	112,408	18,379	(12,278)	245,314
Balance at Dec. 31, 2014	3,757	123,194	119,638	17,801	(12,353)	252,037
Acquisition of treasury stock					(730)
Stock options exercised		(113)			707
Equity based compensation		537
Net income			11,719			11,719
Additional minimum pension liability, net of tax				34
Unrealized holding (losses) gains arising during period, net of tax				1,926
Reclassification adjustment for (gains) losses included in net income, net of tax				(3,805)
Balance at Jun. 30, 2015	3,757	123,618	131,357	15,956	(12,376)	262,312
Balance at Mar. 31, 2015	3,757	123,555	124,981	21,853	(12,428)
Acquisition of treasury stock					(443)
Stock options exercised		(103)			495
Equity based compensation		166
Net income			6,376			6,376
Additional minimum pension liability, net of tax				17
Unrealized holding (losses) gains arising during period, net of tax				(2,669)
Reclassification adjustment for (gains) losses included in net income, net of tax				(3,245)
Balance at Jun. 30, 2015	$ 3,757	$ 123,618	$ 131,357	$ 15,956	$ (12,376)	$ 262,312

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 11,719	$ 6,199
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization expense	1,448	2,049
Deferred federal income taxes	(1,834)	(1,179)
Net realized (gains) losses	(4,023)	99
Share-based payments expense	537	221
Change in ceded unearned premiums	(6,957)	(15,664)
Change in premiums receivable	(16,599)	(8,632)
Change in accounts receivable	1,013	(823)
Change in deferred policy acquisition costs	(564)	2,829
Change in unpaid losses and loss adjustment expenses	29,192	32,657
Change in unearned premiums	16,464	11,665
Change in reinsurance recoverable	(2,865)	(22,938)
Change in reinsurance balances payable	6,065	13,584
Change in current federal income tax payable	2,039	125
Change in all other liabilities	(2,371)	(2,661)
Change in all other assets	(386)	2,050
Net cash provided by operating activities	32,878	19,581
Cash flows from investing activities:
Purchases of property and equipment	(2,090)	(576)
Net transfers from restricted cash	(2,773)	(3,231)
Purchases of investment securities	(109,799)	(69,144)
Maturities, sales and redemptions of investment securities	67,489	70,262
Net cash used in investing activities	(47,173)	(2,689)
Cash flows from financing activities:
Activity under revolving credit facility, net		(1,473)
Proceeds from exercise of employee stock options	594	16
Purchase of treasury shares	(730)	(736)
Net cash used in financing activities	(136)	(2,193)
(Decrease) increase in cash and cash equivalents	(14,431)	14,699
Cash and cash equivalents at beginning of period	130,985	141,666
Cash and cash equivalents at end of period	116,554	156,365
Supplemental cash flow information:
Interest paid	2,274	2,295
Income taxes paid	5,040	3,309
Supplemental schedule of non-cash investing activities:
Change in receivable for securities related to investment disposals that settled after the balance sheet date	(1,635)	(155)
Change in payable for securities related to investment purchases that settled after the balance sheet date	$ 2,091	$ 17,702

General

General	6 Months Ended
	Jun. 30, 2015
General [Abstract]
General	1. General Hallmark Financial Services, Inc. (“Hallmark” and, together with subsidiaries, “we,” “us” or “our”) is an insurance holding company engaged in the sale of property/casualty insurance products to businesses and individuals. Our business involves marketing, distributing, underwriting and servicing our insurance products, as well as providing other insurance related services. We pursue our business activities primarily through subsidiaries whose operations are organized into five business units that are supported by our insurance company subsidiaries. Our Standard Commercial P&C business unit handles commercial insurance products and services in the standard market. Our Workers Compensation business unit specialize s in small and middle market workers compensation business. Our E&S Commercial business unit handles primarily commercial insurance products and services in the excess and surplus lines market. Our Hallmark Select business unit offers (i) general aviation insurance products and services, (ii) low and middle market commercial umbrella and excess liability insurance, (iii) medical professional liability insurance products and services, and (iv) satellite launch insurance products. Our Personal Lines business unit handles personal insurance products and services. Our insurance company subsidiaries supporting these business units are American Hallmark Insurance Company of Texas, Hallmark Insurance Company, Hallmark Specialty Insurance Company, Hallmark County Mutual Insurance Company, Hallmark National Insurance Company and Texas Builders Insurance Company. These five business units are segregated into three reportable industry segments for financial accounting purposes. The Standard Commercial Segment includes our Standard Commercial P&C business unit and our Workers Compensation business unit. The Specialty Commercial Segment includes our E&S Commercial business unit and our Hallmark Select business unit, as well as certain specialty risk programs which are managed by Hallmark. The Personal Segment presently consists solely of our Personal Lines business unit.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	2. Basis of Presentation Our unaudited consolidated financial statements included herein have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and include our accounts and the accounts of our subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. These unaudited consolidated financial statements should be read in conjunction with our audited consolidated financial statements for the year ended December 31, 2014 included in our Annual Report on Form 10-K filed with the SEC. The interim financial data as of June 30, 2015 and 2014 is unaudited. However, in the opinion of management, the interim data includes all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results for the interim periods. The results of operations for the period ended June 30, 2015 are not necessarily indicative of the operating results to be expected for the full year. Business Combinations We account for business combinations using the acquisition method of accounting pursuant to Accounting Standards Codification (“ASC”) 805, “Business Combinations.” The base cash purchase price plus the estimated fair value of any non-cash or contingent consideration given for an acquired business is allocated to the assets acquired (including identified intangible assets) and liabilities assumed based on the estimated fair values of such assets and liabilities. The excess of the fair value of the total consideration given for an acquired business over the aggregate net fair values assigned to the assets acquired and liabilities assumed is recorded as goodwill. Contingent consideration is recognized as a liability at fair value as of the acquisition date with subsequent fair value adjustments recorded in the consolidated statements of operations. The valuation of contingent consideration requires assumptions regarding anticipated cash flows, probabilities of cash flows, discount rates and other factors. Significant judgment is employed in determining the propriety of these assumptions as of the acquisition date and for each subsequent period. Accordingly, future business and economic conditions, as well as changes in any of the assumptions, can materially impact the amount of contingent consideration expense we record in any given period. Indirect and general expenses related to business combinations are expensed as incurred. Income Taxes We file a consolidated federal income tax return. Deferred federal income taxes reflect the future tax consequences of differences between the tax bas i s of assets and liabilities and their financial reporting amounts at each year end. Deferred taxes are recognized using the liability method, whereby tax rates are applied to cumulative temporary differences based on when and how they are expected to affect the tax return. Deferred tax assets and liabilities are adjusted for tax rate changes in effect for the year in which these temporary differences are expected to be recovered or settled. Use of Estimates in the Preparation of the Financial Statements Our preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect our reported amounts of assets and liabilities and our disclosure of contingent assets and liabilities at the date of our consolidated financial statements, as well as our reported amounts of revenues and expenses during the reporting period. Refer to “Critical Accounting Estimates and Judgments” under Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2014 for information on accounting policies that we consider critical in preparing our consolidated financial statements. Actual results could differ materially from those estimates. Fair Value of Financial Instruments Fair value estimates are made at a point in time based on relevant market data as well as the best information available about the financial instruments. Fair value estimates for financial instruments for which no or limited observable market data is available are based on judgments regarding current economic conditions, credit and interest rate risk. These estimates involve significant uncertainties and judgments and cannot be determined with precision. As a result, such calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument. In addition, changes in the underlying assumptions used in the fair value measurement technique, including discount rate and estimates of future cash flows, could significantly affect these fair value estimates. Cash and Cash Equivalents : The carrying amounts reported in the balance sheet for these instruments approximate their fair values. Restricted Cash : The carrying amount for restricted cash reported in the balance sheet approximates the fair value. Subordinated Debt Securities : Our trust preferred securities have a carried value of $56.7 million and a fair value of $ 48.3 million as of June 30, 2015. The fair value of our trust preferred securities is based on discounted cash flows using a current yield to maturity of 8.0% , which is based on similar issues to discount future cash flows. Our trust preferred securities would be included in Level 3 of the fair value hierarchy if they were reported at fair value. For reinsurance balances, premiums receivable, federal income tax payable, other assets and other liabilities, the carrying amounts approximate fair value because of the short maturity of such financial instruments. Variable Interest Entities On June 21, 2005, we formed Hallmark Statutory Trust I (“Trust I”), an unconsolidated trust subsidiary, for the sole purpose of issuing $30.0 million in trust preferred securities. Trust I used the proceeds from the sale of these securities and our initial capital contribution to purchase $30.9 million of subordinated debt securities from Hallmark. The debt securities are the sole assets of Trust I, and the payments under the debt securities are the sole revenues of Trust I. On August 23, 2007, we formed Hallmark Statutory Trust II (“Trust II”), an unconsolidated trust subsidiary, for the sole purpose of issuing $25.0 million in trust preferred securities. Trust II used the proceeds from the sale of these securities and our initial capital contribution to purchase $25.8 million of subordinated debt securities from Hallmark. The debt securities are the sole assets of Trust II, and the payments under the debt securities are the sole revenues of Trust II. We evaluate on an ongoing basis our investments in Trust I and Trust II (collectively the “Trusts”) and have determined that we do not have a variable interest in the Trusts. Therefore, the Trusts are not included in our consolidated financial statements. We are also involved in the normal course of business with variable interest entities (“VIE’s”) primarily as a passive investor in mortgage-backed securities and certain collateralized corporate bank loans issued by third party VIE’s. The maximum exposure to loss with respect to these investments is the investment carrying values included in the consolidated balance sheets. New Accounting Pronouncements In May 2014, the FASB issued guidance which revises the criteria for revenue recognition. Insurance contracts are excluded from the scope of the new guidance. Under the guidance, the transaction price is attributed to underlying performance obligations in the contract and revenue is recognized as the entity satisfies the performance obligations and transfers control of a good or service to the customer. Incremental costs of obtaining a contract may be capitalized to the extent the entity expects to recover those costs. The guidance is effective for reporting periods beginning after December 15, 201 7 and is to be applied retrospectively. We are in the process of evaluating the impact of adoption, which is not expected to be material to our results of operations or financial position.

Business Combinations

Business Combinations	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Combinations	3. Business Combinations Effective July 1, 2011, we acquired all of the issued and outstanding capital stock of TBIC Holding Corporation (“TBIC Holding”) for initial consideration of $1.6 million paid in cash on July 1, 2011. In addition, a holdback purchase price of $350 thousand was paid during the third quarter of 2012. A contingent purchase price of up to $3.0 million may become payable following 16 full calendar quarters after closing based upon a formula contained in the acquisition agreement. On June 30, 2015, Redpoint Comp Holdings LLC (“Purchaser”) acquired exclusive renewal rights to our current in-force Texas workers compensation policies, together with certain physical assets associated with the administration of such in-force policies. In consideration for such renewal rights and physical assets, Purchaser assumed certain office lease obligations and offered employment to certain of our employees associated with the Workers Compensation business unit. Purchaser also agreed to administer the run-off of all of our current workers compensation policies and claims for a period of three years. In connection with the transaction, we made a one-time payment to the Purchaser of $83,000 . We also agreed not to compete in the workers compensation line of insurance in the State of Texas (with certain exceptions) until after the assumed office lease obligations expire on October 31, 2017 . We recorded a gain of $0.2 million in Other Income in the Consolidated Statements of Operations on the sale of the renewal rights.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2015
Fair Value [Abstract]
Fair Value	4. Fair Value ASC 820 defines fair value, establishes a consistent framework for measuring fair value and expands disclosure requirements about fair value measurements. ASC 820, among other things, requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. In addition, ASC 820 precludes the use of block discounts when measuring the fair value of instruments traded in an active market, which were previously applied to large holdings of publicly traded equity securities. We determine the fair value of our financial instruments based on the fair value hierarchy established in ASC 820. In accordance with ASC 820, we utilize the following fair value hierarchy: · Level 1: quoted prices in active markets for identical assets; · Level 2: inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, inputs of identical assets for less active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument; and · Level 3: inputs to the valuation methodology that are unobservable for the asset or liability. This hierarchy requires the use of observable market data when available. Under ASC 820, we determine fair value based on the price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy described above. Fair value measurements for assets and liabilities where there exists limited or no observable market data are calculated based upon our pricing policy, the economic and competitive environment, the characteristics of the asset or liability and other factors as appropriate. These estimated fair values may not be realized upon actual sale or immediate settlement of the asset or liability. Where quoted prices are available on active exchanges for identical instruments, investment securities are classified within Level 1 of the valuation hierarchy. Level 1 investment securities include common and preferred stock. Level 2 investment securities include corporate bonds, collateralized corporate bank loans, municipal bonds, and U.S. Treasury securities for which quoted prices are not available on active exchanges for identical instruments. We use third party pricing services to determine fair values for each Level 2 investment security in all asset classes. Since quoted prices in active markets for identical assets are not available, these prices are determined using observable market information such as quotes from less active markets and/or quoted prices of securities with similar characteristics, among other things. We have reviewed the processes used by the pricing services and have determined that they result in fair values consistent with the requirements of ASC 820 for Level 2 investment securities. We have not adjusted any prices received from the third party pricing services. In cases where there is limited activity or less transparency around inputs to the valuation, investment securities are classified within Level 3 of the valuation hierarchy. Level 3 investments are valued based on the best available data in order to approximate fair value. This data may be internally developed and consider risk premiums that a market participant would require. Investment securities classified within Level 3 include other less liquid investment securities. There were no transfers between Level 1 and Level 2 securities during the periods presented. The following table presents for each of the fair value hierarchy levels, our assets that are measured at fair value on a recurring basis at June 30, 2015 and December 31, 2014 (in thousands): As of June 30, 2015 Quoted Prices in Other Active Markets for Observable Unobservable Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total U.S. Treasury securities and obligations of U.S. Government $ - $ $ - $ Corporate bonds - - Collateralized corporate bank loans - Municipal bonds - Mortgage-backed - - Total debt securities - Total equity securities - - Total debt and equity securities $ $ $ $ As of December 31, 2014 Quoted Prices in Other Active Markets for Observable Unobservable Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total U.S. Treasury securities and obligations of U.S. Government $ - $ $ - $ Corporate bonds - - Collateralized corporate bank loans - Municipal bonds - Mortgage-backed - - Total debt securities - Total equity securities - - Total debt and equity securities $ $ $ $ Due to significant unobservable inputs into the valuation model for certain municipal bonds and a collateralized corporate bank loan in illiquid markets, we classified these investments as Level 3 in the fair value hierarchy. We used an income approach in order to derive an estimated fair value of the municipal bonds classified as Level 3, which included inputs such as expected holding period, benchmark swap rate, benchmark discount rate and a discount rate premium for illiquidity. The fair value of the collateralized corporate bank loan classified as Level 3 is based on discounted cash flows using current yield to maturity of 8.9% , which is based on the relevant spread over LIBOR for this particular loan to discount future cash flows. Significant changes in the unobservable inputs in the fair value measurement of our municipal bonds and collateralized corporate bank loan could result in a significant change in the fair value measurement. The following table summarizes the changes in fair value for all financial assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the six months ended June 30, 2015 and 2014 (in thousands): Beginning balance as of January 1, 2015 $ Sales - Settlements Purchases - Issuances - Total realized/unrealized gains included in net income - Net losses included in other comprehensive income Transfers into Level 3 - Transfers out of Level 3 - Ending balance as of June 30, 2015 $ Beginning balance as of January 1, 2014 $ Sales - Settlements Purchases - Issuances - Total realized/unrealized gains included in net income - Net gains included in other comprehensive income Transfers into Level 3 - Transfers out of Level 3 - Ending balance as of June 30, 2014 $

Investments

Investments	6 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Investments	5. Investments The amortized cost and estimated fair value of investments in debt and equity securities by category is as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair As of June 30, 2015 Cost Gains Losses Value U.S. Treasury securities and obligations of U.S. Government $ $ $ $ Corporate bonds Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities Total debt and equity securities $ $ $ $ As of December 31, 2014 U.S. Treasury securities and obligations of U.S. Government $ $ $ $ Corporate bonds Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities Total debt and equity securities $ $ $ $ Major categories of net realized gains (losses) on investments are summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 U.S. Treasury securities and obligations of U.S. Government $ - $ - $ - $ - Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed Equity securities Gain on investments Other-than-temporary impairments Net realized gains $ $ $ $ We realized gross gains on investments of $5.0 million and $42 thousand during the three months ended June 30, 2015 and 2014, respectively, and $5.9 million and $0.3 million for the six months ended June 30, 2015 and 2014, respectively. We realized gross losses on investments of $25 thousand and $52 thousand for the three months ended June 30, 2015 and 2014, respectively, and $53 thousand and $0.1 million for the six months ended June 30, 2015 and 2014, respectively. We recorded proceeds from the sale of investment securities of $15.2 million and $3.0 million during the three months ended June 30, 2015 and 2014, respectively, and $16.8 million and $14.3 million for the six months ended June 30, 2015 and 2014, respectively. Realized investment gains and losses are recognized in operations on the specific identification method. The following schedules summarize the gross unrealized losses showing the length of time that investments have been continuously in an unrealized loss position as of June 30, 2015 and December 31, 2014 (in thousands): As of June 30, 2015 12 months or less Longer than 12 months Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities and obligations of U.S. Government $ $ $ - $ - $ $ Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed - Total debt securities Total equity securities - - Total debt and equity securities $ $ $ $ $ $ As of December 31, 2014 12 months or less Longer than 12 months Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities and obligations of U.S. Government $ $ $ - $ - $ $ Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities - - Total debt and equity securities $ $ $ $ $ $ At June 30, 2015, the gross unrealized losses more than twelve months old were attributable to 23 debt security positions. At December 31, 2014, the gross unrealized losses more than twelve months old were attributable to 24 debt security positions. We consider these losses as a temporary decline in value as they are predominately on bonds that we do not intend to sell and do not believe we will be required to sell prior to recovery of our amortized cost basis. We see no other indications that the decline in values of these securities is other-than-temporary. We complete a detailed analysis each quarter to assess whether any decline in the fair value of any investment below cost is deemed other-than-temporary. All securities with an unrealized loss are reviewed. We recognize an impairment loss when an investment's value declines below cost, adjusted for accretion, amortization and previous other-than-temporary impairments, and it is determined that the decline is other-than-temporary. Debt Investments : We assess whether we intend to sell, or it is more likely than not that we will be required to sell, a fixed maturity investment before recovery of its amortized cost basis less any current period credit losses. For fixed maturity investments that are considered other-than-temporarily impaired and that we do not intend to sell and will not be required to sell, we separate the amount of the impairment into the amount that is credit related (credit loss component) and the amount due to all other factors. The credit loss component is recognized in earnings and is the difference between the investment’s amortized cost basis and the present value of its expected future cash flows. The remaining difference between the investment’s fair value and the present value of future expected cash flows is recognized in other comprehensive income. Equity Investments : Some of the factors considered in evaluating whether a decline in fair value for an equity investment is other-than-temporary include: (1) our ability and intent to retain the investment for a period of time sufficient to allow for an anticipated recovery in value; (2) the recoverability of cost; (3) the length of time and extent to which the fair value has been less than cost; and (4) the financial condition and near-term and long-term prospects for the issuer, including the relevant industry conditions and trends, and implications of rating agency actions and offering prices. When it is determined that an equity investment is other-than-temporarily impaired, the security is written down to fair value, and the amount of the impairment is included in earnings as a realized investment loss. The fair value then becomes the new cost basis of the investment, and any subsequent recoveries in fair value are recognized at disposition. We recognize a realized loss when impairment is deemed to be other-than-temporary even if a decision to sell an equity investment has not been made. When we decide to sell a temporarily impaired available-for-sale equity investment and we do not expect the fair value of the equity investment to fully recover prior to the expected time of sale, the investment is deemed to be other-than-temporarily impaired in the period in which the decision to sell is made. The amortized cost and estimated fair value of debt securities at June 30, 2015 by contractual maturity are as follows. Expected maturities may differ from contractual maturities because certain borrowers may have the right to call or prepay obligations with or without penalties. Amortized Fair Cost Value (in thousands) Due in one year or less $ $ Due after one year through five years Due after five years through ten years Due after ten years Mortgage-backed $ $

Pledged Investments

Pledged Investments	6 Months Ended
	Jun. 30, 2015
Pledged Investments [Abstract]
Pledged Investments	6. Pledged Investments We have pledged certain of our securities for the benefit of various state insurance departments and reinsurers. These securities are included with our available-for-sale debt securities because we have the ability to trade these securities. We retain the interest earned on these securities. These securities had a carrying value of $22.3 million and $20.3 million at June 30, 2015 and December 31, 2014, respectively.

Reserves for Unpaid Losses and

Reserves for Unpaid Losses and Loss Adjustment Expenses	6 Months Ended
	Jun. 30, 2015
Reserves for Unpaid Losses and Loss Adjustment Expenses [Abstract]
Reserves for Unpaid Losses and Loss Adjustment Expenses	7. Reserves for Unpaid Losses and Loss Adjustment Expenses We recorded $0.4 million and $1.5 million of favorable prior years’ loss development during the three and six months ended June 30, 2015, respectively. For the year to date, the $1.5 million favorable development was attributable to $1.6 million favorable development on claims incurred in the 2014 accident year and $0.6 million favorable development on claims incurred in the 2011 and prior accident years, partially offset by $0.6 million unfavorable development on claims incurred in the 2013 accident year and $0.1 million of unfavorable development on claims incurred in the 2012 accident year. During the six months ended June 30, 2015, our Standard Commercial P&C business unit accounted for $2.5 million of the favorable development, our Workers Compensation business unit accounted for $0.4 million of the favorable development and our Hallmark Select business unit accounted for $0.9 million of the favorable development. These favorable developments were partially offset by unfavorable development of $1.1 million in our E&S Commercial business unit and $1.2 million unfavorable development in our Personal Lines Segment during the first half of 2015. The favorable development for our Standard Commercial P&C business unit of $2.5 million was driven primarily by favorable claims development in our commercial property and general liability lines of business in the 201 3 and 201 1 and prior accident years. The favorable development of $0.4 million for our Workers Compensation business unit was primarily attributable to the 2013 and 2012 accident years. The favorable development of $0.9 million in our Hallmark Select business unit consisted of $0.5 million of favorable development in our general aviation line of business, $0.3 million of favorable development in our commercial excess liability line of business and $0.1 million of favorable development in our medical professional liability line of business. The unfavorable development of $1.1 million in our E&S Commercial business unit was primarily driven by unfavorable development in our commercial auto liability and general liability lines of business. The unfavorable development for our Personal Lines Segment of $1.2 million was primarily attributable to the 201 4 and 2011 and prior accident years. We recorded $5.6 million and $6.8 million of favorable prior years’ loss development during the three and six months ended June 30, 2014, respectively. For the first half of 2014, the $6.8 million favorable development was attributable to $7.6 million favorable development on claims incurred in the 2013 accident year and $2.5 million favorable development on claims incurred in the 2011 accident year, partially offset by $2.6 million unfavorable development on claims incurred in the 2012 accident year and $0.7 million unfavorable development on claims incurred in the 2010 and prior accident years. During the six months ended June 30, 2014, our Standard Commercial P&C business unit accounted for $3.9 million of the favorable development, our Personal Lines Segment accounted for $1.9 million of the favorable development, our Workers Compensation business unit accounted for $1.2 million of the favorable development and our Hallmark Select business unit accounted for $0.8 million of the favorable development. These favorable developments were partially offset by unfavorable development of $1.0 million in our E&S Commercial business unit during the first half of 2014. The favorable development for our Standard Commercial P&C business unit of $3.9 million was driven primarily by our general liability line of business in the 2011 accident year. The favorable development for our Personal Lines Segment of $1.9 million was primarily attributable to the 2013 accident year. The favorable development of $1.2 million for our Workers Compensation business unit was primarily attributable to the 2013 and 2012 accident years. The favorable development of $0.8 million in our Hallmark Select business unit consisted of $1.0 million of favorable development in our commercial excess liability line of business, partially offset by $0.2 million of unfavorable development in our general aviation line of business. The unfavorable development of $1.0 million in our E&S Commercial business unit was primarily driven by unfavorable development in our commercial auto liability and general liability lines of business .

Share-Based Payment Arrangement

Share-Based Payment Arrangements	6 Months Ended
	Jun. 30, 2015
Share-Based Payment Arrangements [Abstract]
Share-Based Payment Arrangements	8. Share-Based Payment Arrangements Our 2005 Long Term Incentive Plan (“2005 LTIP”) is a stock compensation plan for key employees and non-employee directors that was initially approved by the shareholders on May 26, 2005 and expired by its terms on May 27, 2015. As of June 30, 2015, there were outstanding incentive stock options to purchase 626,503 shares of our common stock, non-qualified stock options to purchase 304,157 shares of our common stock and restricted stock units representing the right to receive up to 305,306 shares of our common stock. The exercise price of all such outstanding stock options is equal to the fair market value of our common stock on the date of grant. A new equity compensation plan for our key employees and non-employee directors, the 2015 Long Term Incentive Plan (“2015 LTIP”), was approved by shareholders on May 29, 2015. There are 2,000,000 shares authorized for issuance under the 2015 LTIP. No awards had been made under the 2015 LTIP as of June 30, 2015. Stock Options: Incentive stock options granted under the 2005 LTIP prior to 2009 vest 10% , 20% , 30% and 40% on the first, second, third and fourth anniversary dates of the grant, respectively, and terminate five to ten years from the date of grant. Incentive stock options granted in 2009 vest in equal annual increments on each of the first seven anniversary dates and terminate ten years from the date of grant. One grant of 25,000 incentive stock options in 2010 vests in equal annual increments on each of the first three anniversary dates and terminates ten years from the date of grant. Non-qualified stock options granted under the 2005 LTIP generally vest 100% six months after the date of grant and terminate ten years from the date of grant. One grant of 200,000 non-qualified stock options in 2009 vests in equal annual increments on each of the first seven anniversary dates and terminates ten years from the date of grant. A summary of the status of our stock options as of June 30, 2015 and changes during the six months ended is presented below: Average Weighted Remaining Aggregate Average Contractual Intrinsic Number of Exercise Term Value Shares Price (Years) ($000) Outstanding at January 1, 2015 $ Granted - Exercised $ Forfeited or expired $ Outstanding at June 30, 2015 $ $ Exercisable at June 30, 2015 $ $ The following table details the intrinsic value of options exercised, total cost of share-based payments charged against income before income tax benefit and the amount of related income tax benefit recognized in income for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Intrinsic value of options exercised $ $ $ $ Cost of share-based payments (non-cash) $ $ $ $ Income tax benefit of share-based payments recognized in income $ $ $ $ As of June 30, 2015, there was $123 thousand of total unrecognized compensation cost related to non-vested stock options granted under our plans, of which $82 thousand is expected to be recognized during the remainder of 2015 and $41 thousand is expected to be recognized in 2016. The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes option pricing model. Expected volatilities are based on the historical volatility of Hallmark’s and similar companies’ common stock for a period equal to the expected term. The risk-free interest rates for periods within the contractual term of the options are based on rates for U.S. Treasury Notes with maturity dates corresponding to the options’ expected lives on the dates of grant. Expected term is determined based on the simplified method as we do not have sufficient historical exercise data to provide a basis for estimating the expected term. There were no stock options granted during the first six months of 2015 or 2014. Restricted Stock Units: The 2005 LTIP was amended by the stockholders on May 30, 2013 to authorize the grant of restricted stock units, in addition to the other types of awards available thereunder. Restricted stock units awarded under the 2005 LTIP represent the right to receive shares of common stock upon the satisfaction of vesting requirements, performance criteria and other terms and conditions. On July 27, 2012 and April 10, 2013, an aggregate of 129,463 and 122,823 restricted stock units, respectively, were conditionally granted to certain of our employees subject to shareholder approval of the amendments to the 2005 LTIP at the May 30, 2013 shareholder meeting. One conditional grant of 9,280 restricted stock units was forfeited prior to approval at the shareholder meeting. Subsequently on September 8, 2014, an aggregate of 175,983 restricted stock units were granted to certain employees. The performance criteria for all restricted stock units require that we achieve certain compound average annual growth rates in book value per share over the vesting period in order to receive shares of common stock in amounts ranging from 50% to 150% of the number of restricted stock units granted. In addition, certain restricted stock units contain an additional performance criteria related to the attainment of an average combined ratio percen tage over the vesting period. Grantees of restricted stock units do not have any rights of a stockholder, a nd do not participate in any distributions to our common stockholders, until the award fully vests upon satisfaction of the vesting schedule, performance criteria and other conditions set forth in their award agreement. Therefore, unvested restricted stock units are not considered participating securities under ASC 260, “Earnings Per Share,” and are not included in the calculation of basic or diluted earnings per share. On April 1, 2015, 8,616 shares of common stock were issued with respect to 8,616 restricted stock units which were granted on July 27, 2012 and vested on March 31, 2015. If and to the extent specified performance criteria have been achieved, the restricted stock units granted on April 10, 2013 will vest on March 31, 2016, the restricted stock units granted on September 8, 2014 (except for one grant) will vest on March 31, 2017 and one grant of restricted stock units granted on September 8, 2014 will vest on March 31, 2018. Compensation cost is measured as an amount equal to the fair value of the restricted stock units on the date of grant and is expensed over the vesting period if achievement of the performance criteria is deemed probable, with the amount of the expense recognized based on our best estimate of the ultimate achievement level. The grant date fair value of the restricted stock units granted in 2012 and 2013 is $9.20 per unit. The grant date fair value of the restricted stock units granted in 2014 is $9.66 per unit. We incurred compensation expense of $125 thousand and $457 thousand related to the restricted stock units during the three and six months ended June 30, 2015 . We incurred compensation expense of $61 thousand and $123 thousand related to the restricted stock units during the three and six months ended June 30, 2014. We recorded an income tax benefit of $44 thousand and $160 thousand related to restricted stock units during the three and six months ended June 30, 2015 . We recorded an income tax benefit of $22 thousand and $43 thousand related to restricted stock units during the three and six months ended June 30, 2014. A summary of the status of our restricted stock units as of June 30, 2015 and changes during the six months then ended is presented below: Number of Restricted Stock Units Non-vested at January 1, 2015 Granted - Vested Forfeited Non-vested at June 30, 2015 As of June 30, 2015, there was $0.9 million of total unrecognized compensation cost related to unvested restricted stock units granted under our 2005 LTIP, of which $241 thousand is expected to be recognized during the remainder of 2015, $393 thousand is expected to be recognized in 2016, $196 thousand is expected to be recognized in 2017 and $35 thousand is expected to be recognized in 2018.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Segment Information	9. Segment Information The following is business segment information for the three and six months ended June 30, 2015 and 2014 (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Revenues: Standard Commercial Segment $ $ $ $ Specialty Commercial Segment Personal Segment Corporate Consolidated $ $ $ $ Pre-tax income (loss): Standard Commercial Segment $ $ $ $ Specialty Commercial Segment Personal Segment Corporate Consolidated $ $ $ $ The following is additional business segment information as of the dates indicated (in thousands): June 30, December 31, 2015 2014 Assets Standard Commercial Segment $ $ Specialty Commercial Segment Personal Segment Corporate $ $

Reinsurance

Reinsurance	6 Months Ended
	Jun. 30, 2015
Reinsurance [Abstract]
Reinsurance	10. Reinsurance We reinsure a portion of the risk we underwrite in order to control the exposure to losses and to protect capital resources. W e cede to reinsurers a portion of these risks and pay premiums based upon the risk and exposure of the policies subj ect to such reinsurance. Ceded reinsurance involves credit risk and is generally sub ject to aggregate loss limits. Although the reinsurer is liable to us to the extent of the reinsurance ceded, we are ultimately liable as the direct insurer on all risks reinsured. Reinsurance recoverables are reported after allowances for uncollectible amounts. We monitor the financial condition of reinsurers on an ongoing basis and review our reinsura nce arrangements periodically. Reinsurers are selected based on their financial condition, business practices and the price of their product offerings. In order to mitigate credit risk to reinsurance companies, most of our reinsurance recoverable balance as of June 30, 2015 was with reinsurers that had an A.M. Best rating of “A–” or better. The following table shows earned premiums ceded and reinsurance loss recoveries by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Ceded earned premiums $ $ $ $ Reinsurance recoveries $ $ $ $

Revolving Credit Facility

Revolving Credit Facility	6 Months Ended
	Jun. 30, 2015
Revolving Credit Facility [Abstract]
Revolving Credit Facility	11. Revolving Credit Facility Our Second Restated Credit Agreement with The Frost National Bank (“Frost”) dated June 30, 2015, reinstates the credit facility with Frost which expired by its terms on April 30, 2015. The Second Restated Credit Agreement also amends certain provisions of the credit facility and restates the agreement with Frost in its entirety. The Second Restated Credit Agreement provides a $15.0 million revolving credit facility, with a $5.0 million letter of credit sub-facility. The outstanding balance of the revolving credit facility bears interest at a rate equal to the prime rate or LIBOR plus 2.5 % , at our election. We pay an annual fee of 0.25 % of the average daily unused balance of the credit facility and letter of credit fees at the rate of 1.00 % per annum. The revolving credit facility contains covenants that, among other things, require us to maintain certain financial and operating ratios and restrict certain distributions, transactions and organizational changes. As of June 30, 2015, we were in compliance with all of our covenants and had no outstanding borrowings under this revolving credit facility.

Subordinated Debt Securities

Subordinated Debt Securities	6 Months Ended
	Jun. 30, 2015
Subordinated Debt Securities [Abstract]
Subordinated Debt Securities	12. Subordinated Debt Securities On June 21, 2005, we entered into a trust preferred securities transaction pursuant to which we issued $30.9 million aggregate principal amount of subordinated debt securities due in 2035 . To effect the transaction, we formed Trust I as a Delaware statutory trust. Trust I issued $30.0 million of preferred securities to investors and $0.9 million of common secu rities to us. Trust I used the proceeds from these issuances to purchase the subordinated debt securities. The initial interest rate on our Trust I subordinated debt securities was 7.25 % until June 15, 2015 , after which interest adjusts quarterly to the three-month LIBOR rate plus 3.25 percentage points . Trust I pays dividends on its preferred securities at the same rate. Under the terms of our Trust I subordinated debt securities, we pay interest only each quarter and the principal of the note at maturity. The subordinated debt securities are uncollaterized and do not require maintenance of minimum financial covenants. As of June 30, 2015, the balance of our Trust I subordinated debt was $30.9 million and the interest rate was 3.54% per annum. On August 23, 2007, we entered into a trust preferred securities transaction pursuant to which we issued $25.8 million aggregate principal amount of subordinated debt securities due in 2037 . To effect the transaction, we formed Trust II as a Delaware statutory trust. Trust II issued $25.0 million of preferred securities to investors and $0.8 million of common securities to us. Trust II used the proceeds from these issuances to purchase the subordinated debt securities. Our Trust II subordinated debt securities bear an initial interest rate of 8.28 % until September 15, 2017 , at which time interest will adjust quarterly to the three-month LIBOR rate plus 2.90 percentage points. Trust II pays dividends on its preferred securities at the same rate. Under the terms of our Trust II subordinated debt securities, we pay interest only each quarter and the principal of the note at maturity. The subordinated debt securities are uncollaterized and do not require maintenance of minimum financial covenants. As of June 30, 2015, the balance of our Trust II subordinated debt was $25.8 million.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	6 Months Ended
	Jun. 30, 2015
Deferred Policy Acquisition Costs [Abstract]
Deferred Policy Acquisition Costs	13. Deferred Policy Acquisition Costs The following table shows total deferred and amortized policy acquisition cost activity by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Deferred $ $ $ $ Amortized Net $ $ $ $

Earnings per Share

Earnings per Share	6 Months Ended
	Jun. 30, 2015
Earnings per Share [Abstract]
Earnings per Share	14. Earnings per Share The following table sets forth basic and diluted weighted average shares outstanding for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Weighted average shares - basic Effect of dilutive securities Weighted average shares - assuming dilution For the three and six months ended June 30, 2015, 452,500 shares and 504,999 shares of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive. For the three and six months ended June 30, 2014, 715,832 shares and 740,832 shares of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive.

Net Periodic Pension Cost

Net Periodic Pension Cost	6 Months Ended
	Jun. 30, 2015
Net Periodic Pension Cost [Abstract]
Net Periodic Pension Cost	15. Net Periodic Pension Cost The following table details the net periodic pension cost incurred by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Interest cost $ $ $ $ Amortization of net loss Expected return on plan assets Net periodic pension cost $ $ $ $ Contributed amount $ - $ $ - $ Refer to Note 14 to the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2014 for more discussion of our retirement plans.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	16. Income Taxes Our effective income tax rate for the first six months ended June 30, 2015 and 2014 was 30.9% and 26.7 %, respectively. The rates varied from the statutory tax rate primarily due to the amount of tax exempt income in relation to pre-tax income .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	17. Commitments and Contingencies We are engaged in various legal proceedings in the ordinary course of business, none of which, either individually or in the aggregate, are believed likely to have a material adverse effect on our consolidated financial position or results of operations, in the opinion of management. The various legal proceedings to which we are a party are routine in nature and incidental to our business.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income Balances	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Income Balances [Abstract]
Changes in Accumulated Other Comprehensive Income Balances	18. Changes in Accumulated Other Comprehensive Income Balances The changes in accumulated other comprehensive income balances as of June 30, 2015 and 2014 were as follows (in thousands): Minimum Accumulated Other Pension Unrealized Comprehensive Liability Gains (Loss) Income Balance at December 31, 2013 $ $ $ Other comprehensive income : Change in net actuarial gain - Tax effect on change in net actuarial gain - Net unrealized holding gains arising during the period - Tax effect on unrealized gains arising during the period - Reclassification adjustment for gains included in net realized gains - Tax effect on reclassification adjustment for gains included in income tax expense - Other comprehensive income (loss), net of tax Balance at June 30, 2014 $ $ $ Balance at December 31, 2014 $ $ $ Other comprehensive income : Change in net actuarial gain - Tax effect on change in net actuarial gain - Net unrealized holding losses arising during the period - Tax effect on unrealized losses arising during the period - Reclassification adjustment for gains included in net realized gains - Tax effect on reclassification adjustment for gains included in income tax expense - Other comprehensive income, net of tax Balance at June 30, 2015 $ $ $

Basis of Presentation (Policy)

Basis of Presentation (Policy)	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Business Combinations	Business Combinations We account for business combinations using the acquisition method of accounting pursuant to Accounting Standards Codification (“ASC”) 805, “Business Combinations.” The base cash purchase price plus the estimated fair value of any non-cash or contingent consideration given for an acquired business is allocated to the assets acquired (including identified intangible assets) and liabilities assumed based on the estimated fair values of such assets and liabilities. The excess of the fair value of the total consideration given for an acquired business over the aggregate net fair values assigned to the assets acquired and liabilities assumed is recorded as goodwill. Contingent consideration is recognized as a liability at fair value as of the acquisition date with subsequent fair value adjustments recorded in the consolidated statements of operations. The valuation of contingent consideration requires assumptions regarding anticipated cash flows, probabilities of cash flows, discount rates and other factors. Significant judgment is employed in determining the propriety of these assumptions as of the acquisition date and for each subsequent period. Accordingly, future business and economic conditions, as well as changes in any of the assumptions, can materially impact the amount of contingent consideration expense we record in any given period. Indirect and general expenses related to business combinations are expensed as incurred.
Income Taxes	Income Taxes We file a consolidated federal income tax return. Deferred federal income taxes reflect the future tax consequences of differences between the tax bas i s of assets and liabilities and their financial reporting amounts at each year end. Deferred taxes are recognized using the liability method, whereby tax rates are applied to cumulative temporary differences based on when and how they are expected to affect the tax return. Deferred tax assets and liabilities are adjusted for tax rate changes in effect for the year in which these temporary differences are expected to be recovered or settled.
Use of Estimates in the Preparation of the Financial Statements	Use of Estimates in the Preparation of the Financial Statements Our preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect our reported amounts of assets and liabilities and our disclosure of contingent assets and liabilities at the date of our consolidated financial statements, as well as our reported amounts of revenues and expenses during the reporting period. Refer to “Critical Accounting Estimates and Judgments” under Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2014 for information on accounting policies that we consider critical in preparing our consolidated financial statements. Actual results could differ materially from those estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value estimates are made at a point in time based on relevant market data as well as the best information available about the financial instruments. Fair value estimates for financial instruments for which no or limited observable market data is available are based on judgments regarding current economic conditions, credit and interest rate risk. These estimates involve significant uncertainties and judgments and cannot be determined with precision. As a result, such calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument. In addition, changes in the underlying assumptions used in the fair value measurement technique, including discount rate and estimates of future cash flows, could significantly affect these fair value estimates. Cash and Cash Equivalents : The carrying amounts reported in the balance sheet for these instruments approximate their fair values. Restricted Cash : The carrying amount for restricted cash reported in the balance sheet approximates the fair value. Subordinated Debt Securities : Our trust preferred securities have a carried value of $56.7 million and a fair value of $ 48.3 million as of June 30, 2015. The fair value of our trust preferred securities is based on discounted cash flows using a current yield to maturity of 8.0% , which is based on similar issues to discount future cash flows. Our trust preferred securities would be included in Level 3 of the fair value hierarchy if they were reported at fair value. For reinsurance balances, premiums receivable, federal income tax payable, other assets and other liabilities, the carrying amounts approximate fair value because of the short maturity of such financial instruments.
Variable Interest Entities	Variable Interest Entities On June 21, 2005, we formed Hallmark Statutory Trust I (“Trust I”), an unconsolidated trust subsidiary, for the sole purpose of issuing $30.0 million in trust preferred securities. Trust I used the proceeds from the sale of these securities and our initial capital contribution to purchase $30.9 million of subordinated debt securities from Hallmark. The debt securities are the sole assets of Trust I, and the payments under the debt securities are the sole revenues of Trust I. On August 23, 2007, we formed Hallmark Statutory Trust II (“Trust II”), an unconsolidated trust subsidiary, for the sole purpose of issuing $25.0 million in trust preferred securities. Trust II used the proceeds from the sale of these securities and our initial capital contribution to purchase $25.8 million of subordinated debt securities from Hallmark. The debt securities are the sole assets of Trust II, and the payments under the debt securities are the sole revenues of Trust II. We evaluate on an ongoing basis our investments in Trust I and Trust II (collectively the “Trusts”) and have determined that we do not have a variable interest in the Trusts. Therefore, the Trusts are not included in our consolidated financial statements. We are also involved in the normal course of business with variable interest entities (“VIE’s”) primarily as a passive investor in mortgage-backed securities and certain collateralized corporate bank loans issued by third party VIE’s. The maximum exposure to loss with respect to these investments is the investment carrying values included in the consolidated balance sheets.
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the FASB issued guidance which revises the criteria for revenue recognition. Insurance contracts are excluded from the scope of the new guidance. Under the guidance, the transaction price is attributed to underlying performance obligations in the contract and revenue is recognized as the entity satisfies the performance obligations and transfers control of a good or service to the customer. Incremental costs of obtaining a contract may be capitalized to the extent the entity expects to recover those costs. The guidance is effective for reporting periods beginning after December 15, 201 7 and is to be applied retrospectively. We are in the process of evaluating the impact of adoption, which is not expected to be material to our results of operations or financial position.

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following table presents for each of the fair value hierarchy levels, our assets that are measured at fair value on a recurring basis at June 30, 2015 and December 31, 2014 (in thousands): As of June 30, 2015 Quoted Prices in Other Active Markets for Observable Unobservable Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total U.S. Treasury securities and obligations of U.S. Government $ - $ $ - $ Corporate bonds - - Collateralized corporate bank loans - Municipal bonds - Mortgage-backed - - Total debt securities - Total equity securities - - Total debt and equity securities $ $ $ $ As of December 31, 2014 Quoted Prices in Other Active Markets for Observable Unobservable Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total U.S. Treasury securities and obligations of U.S. Government $ - $ $ - $ Corporate bonds - - Collateralized corporate bank loans - Municipal bonds - Mortgage-backed - - Total debt securities - Total equity securities - - Total debt and equity securities $ $ $ $
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table summarizes the changes in fair value for all financial assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the six months ended June 30, 2015 and 2014 (in thousands): Beginning balance as of January 1, 2015 $ Sales - Settlements Purchases - Issuances - Total realized/unrealized gains included in net income - Net losses included in other comprehensive income Transfers into Level 3 - Transfers out of Level 3 - Ending balance as of June 30, 2015 $ Beginning balance as of January 1, 2014 $ Sales - Settlements Purchases - Issuances - Total realized/unrealized gains included in net income - Net gains included in other comprehensive income Transfers into Level 3 - Transfers out of Level 3 - Ending balance as of June 30, 2014 $

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Amortized Cost and Estimated Fair Value of Investments in Debt and Equity Securities by Category	The amortized cost and estimated fair value of investments in debt and equity securities by category is as follows (in thousands): Gross Gross Amortized Unrealized Unrealized Fair As of June 30, 2015 Cost Gains Losses Value U.S. Treasury securities and obligations of U.S. Government $ $ $ $ Corporate bonds Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities Total debt and equity securities $ $ $ $ As of December 31, 2014 U.S. Treasury securities and obligations of U.S. Government $ $ $ $ Corporate bonds Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities Total debt and equity securities $ $ $ $
Summary of Realized Gain (Loss) on Investments	Major categories of net realized gains (losses) on investments are summarized as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 U.S. Treasury securities and obligations of U.S. Government $ - $ - $ - $ - Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed Equity securities Gain on investments Other-than-temporary impairments Net realized gains $ $ $ $
Summary of Gross Unrealized Losses for Investments that have been Continuously in Unrealized Loss Position	The following schedules summarize the gross unrealized losses showing the length of time that investments have been continuously in an unrealized loss position as of June 30, 2015 and December 31, 2014 (in thousands): As of June 30, 2015 12 months or less Longer than 12 months Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities and obligations of U.S. Government $ $ $ - $ - $ $ Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed - Total debt securities Total equity securities - - Total debt and equity securities $ $ $ $ $ $ As of December 31, 2014 12 months or less Longer than 12 months Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities and obligations of U.S. Government $ $ $ - $ - $ $ Corporate bonds - - Collateralized corporate bank loans Municipal bonds Mortgage-backed Total debt securities Total equity securities - - Total debt and equity securities $ $ $ $ $ $
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturities	Amortized Fair Cost Value (in thousands) Due in one year or less $ $ Due after one year through five years Due after five years through ten years Due after ten years Mortgage-backed $ $

Share-Based Payment Arrangeme29

Share-Based Payment Arrangements (Tables)	6 Months Ended
	Jun. 30, 2015
Share-Based Payment Arrangements [Abstract]
Summary of the Status of Stock Options	A summary of the status of our stock options as of June 30, 2015 and changes during the six months ended is presented below: Average Weighted Remaining Aggregate Average Contractual Intrinsic Number of Exercise Term Value Shares Price (Years) ($000) Outstanding at January 1, 2015 $ Granted - Exercised $ Forfeited or expired $ Outstanding at June 30, 2015 $ $ Exercisable at June 30, 2015 $ $
Schedule of Options, Grants in Period and Grant Date Intrinsic Value	The following table details the intrinsic value of options exercised, total cost of share-based payments charged against income before income tax benefit and the amount of related income tax benefit recognized in income for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Intrinsic value of options exercised $ $ $ $ Cost of share-based payments (non-cash) $ $ $ $ Income tax benefit of share-based payments recognized in income $ $ $ $
Summary of the Status of Restricted Stock Units	A summary of the status of our restricted stock units as of June 30, 2015 and changes during the six months then ended is presented below: Number of Restricted Stock Units Non-vested at January 1, 2015 Granted - Vested Forfeited Non-vested at June 30, 2015

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Schedule of Business Segment Information	The following is business segment information for the three and six months ended June 30, 2015 and 2014 (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Revenues: Standard Commercial Segment $ $ $ $ Specialty Commercial Segment Personal Segment Corporate Consolidated $ $ $ $ Pre-tax income (loss): Standard Commercial Segment $ $ $ $ Specialty Commercial Segment Personal Segment Corporate Consolidated $ $ $ $
Schedule of Additional Business Segment Information	The following is additional business segment information as of the dates indicated (in thousands): June 30, December 31, 2015 2014 Assets Standard Commercial Segment $ $ Specialty Commercial Segment Personal Segment Corporate $ $

Reinsurance (Tables)

Reinsurance (Tables)	6 Months Ended
	Jun. 30, 2015
Reinsurance [Abstract]
Schedule of Reinsurance Ceded and Recoveries	The following table shows earned premiums ceded and reinsurance loss recoveries by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Ceded earned premiums $ $ $ $ Reinsurance recoveries $ $ $ $

Deferred Policy Acquisition C32

Deferred Policy Acquisition Costs (Tables)	6 Months Ended
	Jun. 30, 2015
Deferred Policy Acquisition Costs [Abstract]
Deferred Amortized Policy Acquisition Costs	The following table shows total deferred and amortized policy acquisition cost activity by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Deferred $ $ $ $ Amortized Net $ $ $ $

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings per Share [Abstract]
Schedule of Weighted Average Number of Shares Outstanding	The following table sets forth basic and diluted weighted average shares outstanding for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Weighted average shares - basic Effect of dilutive securities Weighted average shares - assuming dilution

Net Periodic Pension Cost (Tabl

Net Periodic Pension Cost (Tables)	6 Months Ended
	Jun. 30, 2015
Net Periodic Pension Cost [Abstract]
Schedule of Net Benefit Costs	The following table details the net periodic pension cost incurred by period (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Interest cost $ $ $ $ Amortization of net loss Expected return on plan assets Net periodic pension cost $ $ $ $ Contributed amount $ - $ $ - $

Changes in Accumulated Other 35

Changes in Accumulated Other Comprehensive Income Balances (Tables)	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Income Balances [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income	The changes in accumulated other comprehensive income balances as of June 30, 2015 and 2014 were as follows (in thousands): Minimum Accumulated Other Pension Unrealized Comprehensive Liability Gains (Loss) Income Balance at December 31, 2013 $ $ $ Other comprehensive income : Change in net actuarial gain - Tax effect on change in net actuarial gain - Net unrealized holding gains arising during the period - Tax effect on unrealized gains arising during the period - Reclassification adjustment for gains included in net realized gains - Tax effect on reclassification adjustment for gains included in income tax expense - Other comprehensive income (loss), net of tax Balance at June 30, 2014 $ $ $ Balance at December 31, 2014 $ $ $ Other comprehensive income : Change in net actuarial gain - Tax effect on change in net actuarial gain - Net unrealized holding losses arising during the period - Tax effect on unrealized losses arising during the period - Reclassification adjustment for gains included in net realized gains - Tax effect on reclassification adjustment for gains included in income tax expense - Other comprehensive income, net of tax Balance at June 30, 2015 $ $ $

General (Narrative) (Details)

General (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015segment
General [Abstract]
Operating business units of subsidiaries	5
Number of reportable segments	3

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details) - USD ($) $ in Millions	Aug. 23, 2007	Jun. 21, 2005	Jun. 30, 2015
Hallmark Statutory Trust I [Member]
Variable Interest Entity [Line Items]
Proceeds from issuance of trust preferred securities		$ 30
Hallmark Statutory Trust II [Member]
Variable Interest Entity [Line Items]
Proceeds from issuance of trust preferred securities	$ 25
Subordinated Debt [Member]
Variable Interest Entity [Line Items]
Trust preferred securities, carrying value			$ 56.7
Trust preferred securities, fair value			$ 48.3
Current yield to maturity percentage			8.00%
Subordinated Debt [Member] | Hallmark Statutory Trust I [Member]
Variable Interest Entity [Line Items]
Payments to acquire trust preferred investments		$ 30.9
Subordinated Debt [Member] | Hallmark Statutory Trust II [Member]
Variable Interest Entity [Line Items]
Payments to acquire trust preferred investments	$ 25.8

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) - USD ($)	Jul. 02, 2011	Jul. 01, 2011	Sep. 30, 2012	Jun. 30, 2015
TBIC Holding Corporation [Member]
Business Acquisition [Line Items]
Total consideration for acquisition	$ 1,600,000
Holdback purchase price paid			$ 350,000
Fair value of contingent consideration		$ 3,000,000
Contingent purchase payable period benchmark		4 years
Workers Compensation Business Unit [Member] | Renewal Rights [Member]
Business Acquisition [Line Items]
One-time payment related to divesture of renewal rights				$ 83,000
Gain on disposition of intangible assets				$ 200,000

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - Jun. 30, 2015 - USD ($)	Total
Fair value, equity, Level 1 to Level 2 transfers, amount	$ 0
Fair value, equity, Level 2 to Level 1 transfers, amount	$ 0
Collateralized Bank Loan [Member]
Current yield to maturity percentage	8.90%

Fair Value (Fair Value, Assets

Fair Value (Fair Value, Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	$ 494,054	$ 450,785
Total equity securities	56,629	56,444
Total debt and equity securities	550,683	507,229
US Treasury Securities and Obligations of U.S. Government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	92,627	93,305
Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	31,092	29,442
Collateralized Corporate Bank Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	116,862	113,649
Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	187,511	162,329
Mortgage Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	65,962	52,060
Quoted Prices in Active Markets for Identical Assets, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total equity securities	56,629	56,444
Total debt and equity securities	56,629	56,444
Other Observable Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	479,905	436,187
Total debt and equity securities	479,905	436,187
Other Observable Inputs, Level 2 [Member] | US Treasury Securities and Obligations of U.S. Government [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	92,627	93,305
Other Observable Inputs, Level 2 [Member] | Corporate Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	31,092	29,442
Other Observable Inputs, Level 2 [Member] | Collateralized Corporate Bank Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	116,831	113,402
Other Observable Inputs, Level 2 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	173,393	147,978
Other Observable Inputs, Level 2 [Member] | Mortgage Backed [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	65,962	52,060
Unobservable Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	14,149	14,598
Total debt and equity securities	14,149	14,598
Unobservable Inputs, Level 3 [Member] | Collateralized Corporate Bank Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	31	247
Unobservable Inputs, Level 3 [Member] | Municipal Bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities	$ 14,118	$ 14,351

Fair Value (Fair Value, Asset41

Fair Value (Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Fair Value [Abstract]
Beginning balance	$ 14,598	$ 17,517
Sales
Settlements	$ (338)	$ (3,315)
Purchases
Issuances
Total realized/unrealized gains included in net income
Net losses included in other comprehensive income	$ (111)	$ 334
Transfers into Level 3
Transfers out of Level 3
Ending balance	$ 14,149	$ 14,536

Investments (Narrative) (Detail

Investments (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)security	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)security	Jun. 30, 2014USD ($)	Dec. 31, 2014security
Investments [Abstract]
Gross gains on investments	$ 5,000	$ 42	$ 5,900	$ 300
Gross losses on investments	25	52	53	100
Proceeds from sale of investment securities	$ 15,200	$ 3,000	$ 16,800	$ 14,300
Number of debt security positions | security	23		23		24

Investments (Amortized Cost and

Investments (Amortized Cost and Estimated Fair Value of Investments in Debt and Equity Securities by Category) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Investments, Amortized Cost	$ 522,331	$ 476,130
Investments, Gross Unrealized Gains	35,479	35,076
Investments, Gross Unrealized Losses	(7,127)	(3,977)
Investments, Fair Value	550,683	507,229
Equity Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	25,080	25,360
Investments, Gross Unrealized Gains	31,838	31,086
Investments, Gross Unrealized Losses	(289)	(2)
Investments, Fair Value	56,629	56,444
Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	497,251	450,770
Investments, Gross Unrealized Gains	3,641	3,990
Investments, Gross Unrealized Losses	(6,838)	(3,975)
Investments, Fair Value	494,054	450,785
US Treasury Securities and Obligations of U.S. Government [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	92,299	93,280
Investments, Gross Unrealized Gains	333	29
Investments, Gross Unrealized Losses	(5)	(4)
Investments, Fair Value	92,627	93,305
Corporate Bonds [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	30,655	28,643
Investments, Gross Unrealized Gains	696	884
Investments, Gross Unrealized Losses	(259)	(85)
Investments, Fair Value	31,092	29,442
Collateralized Corporate Bank Loans [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	117,279	115,358
Investments, Gross Unrealized Gains	394	206
Investments, Gross Unrealized Losses	(810)	(1,915)
Investments, Fair Value	116,863	113,649
Municipal Bonds [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	190,604	161,546
Investments, Gross Unrealized Gains	1,991	2,384
Investments, Gross Unrealized Losses	(5,085)	(1,601)
Investments, Fair Value	187,510	162,329
Mortgage Backed [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Investments, Amortized Cost	66,414	51,943
Investments, Gross Unrealized Gains	227	487
Investments, Gross Unrealized Losses	(679)	(370)
Investments, Fair Value	$ 65,962	$ 52,060

Investments (Summary of Realize

Investments (Summary of Realized Gain (Loss) on Investments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Investments [Line Items]
Gain (loss) on investments	$ 4,992	$ (10)	$ 5,853	$ 175
Other-than-temporary impairment	(1,553)	(274)	(1,830)	(274)
Net realized (losses) gains	$ 3,439	$ (284)	$ 4,023	$ (99)
US Treasury Securities and Obligations of U.S. Government [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments
Corporate Bonds [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments		$ (21)		$ 133
Collateralized Corporate Bank Loans [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments	$ 132	30	$ 150	89
Municipal Bonds [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments	(16)	(26)	(42)	(54)
Mortgage Backed [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments	53	3	240	3
Equity Securities [Member]
Schedule of Investments [Line Items]
Gain (loss) on investments	$ 4,823	$ 4	$ 5,505	$ 4

Investments (Summary of Gross U

Investments (Summary of Gross Unrealized Losses for Investments that have been Continuously in Unrealized Loss Position) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Fair Value 12 months or less	$ 149,686	$ 158,413
Unrealized Losses 12 months or less	(2,438)	(2,225)
Fair Value Longer than 12 months	27,092	27,548
Unrealized Losses Longer than 12 months	(4,689)	(1,752)
Total Fair Value	176,778	185,961
Total Unrealized Losses	(7,127)	(3,977)
Equity Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	4,632	129
Unrealized Losses 12 months or less	(289)	(2)
Total Fair Value	4,632	129
Total Unrealized Losses	(289)	(2)
Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	145,054	158,284
Unrealized Losses 12 months or less	(2,149)	(2,223)
Fair Value Longer than 12 months	27,092	27,548
Unrealized Losses Longer than 12 months	(4,689)	(1,752)
Total Fair Value	172,146	185,832
Total Unrealized Losses	(6,838)	(3,975)
US Treasury Securities and Obligations of U.S. Government [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	1,990	15,005
Unrealized Losses 12 months or less	(5)	(4)
Total Fair Value	1,990	15,005
Total Unrealized Losses	(5)	(4)
Corporate Bonds [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	11,782	7,552
Unrealized Losses 12 months or less	(259)	(85)
Total Fair Value	11,782	7,552
Total Unrealized Losses	(259)	(85)
Collateralized Corporate Bank Loans [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	45,452	64,712
Unrealized Losses 12 months or less	(496)	(824)
Fair Value Longer than 12 months	4,087	8,898
Unrealized Losses Longer than 12 months	(314)	(1,091)
Total Fair Value	49,539	73,610
Total Unrealized Losses	(810)	(1,915)
Municipal Bonds [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	54,540	50,546
Unrealized Losses 12 months or less	(710)	(945)
Fair Value Longer than 12 months	22,994	15,684
Unrealized Losses Longer than 12 months	(4,375)	(656)
Total Fair Value	77,534	66,230
Total Unrealized Losses	(5,085)	(1,601)
Mortgage Backed [Member] | Debt Securities [Member]
Schedule of Investments [Line Items]
Fair Value 12 months or less	31,290	20,469
Unrealized Losses 12 months or less	(679)	(365)
Fair Value Longer than 12 months	11	2,966
Unrealized Losses Longer than 12 months		(5)
Total Fair Value	31,301	23,435
Total Unrealized Losses	$ (679)	$ (370)

Investments (Schedule of Amorti

Investments (Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturities) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Due in one year or less, Amortized Cost	$ 58,034
Due after one year through five years, Amortized Cost	211,191
Due after five years through ten years, Amortized Cost	102,571
Due after ten years, Amortized Cost	59,041
Debt securities, available-for-sale, cost (in dollars)	497,251	$ 450,770
Due in one year or less, Fair Value	58,030
Due after one year through five years, Fair Value	210,938
Due after five years through ten years, Fair Value	100,018
Due after ten years, Fair Value	59,106
Debt Securities, Fair Value	494,054	450,785
Mortgage Backed [Member]
Schedule of Investments [Line Items]
Debt securities, available-for-sale, cost (in dollars)	66,414
Debt Securities, Fair Value	$ 65,962	$ 52,060

Pledged Investments (Narrative)

Pledged Investments (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Pledged Investments [Abstract]
Securities available-for-sale pledged, carrying value	$ 22.3	$ 20.3

Reserves for Unpaid Losses an48

Reserves for Unpaid Losses and Loss Adjustment Expenses (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense	$ 0.4	$ 5.6	$ 1.5	$ 6.8
Loss and Loss Adjustment Expenses Incurred in 2014 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			1.6
Loss and Loss Adjustment Expenses Incurred in 2013 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				7.6
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.6
Loss and Loss Adjustment Expenses Incurred In 2012 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.1	2.6
Loss and Loss Adjustment Expenses Incurred In 2011 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.6	2.5
Loss and Loss Adjustment Expenses Incurred In 2010 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				0.7
Standard Commercial P & C Business Unit [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			2.5	3.9
Standard Commercial P & C Business Unit [Member] | Loss and Loss Adjustment Expenses Incurred in 2013 and 2011 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			2.5
Standard Commercial P & C Business Unit [Member] | Loss and Loss Adjustment Expenses Incurred In 2011 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				3.9
Workers Compensation Business Unit [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.4	1.2
Workers Compensation Business Unit [Member] | Loss and Loss Adjustment Expenses Incurred in 2013 and 2012 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.4	1.2
E & S Commercial Business Unit [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			1.1	1
Hallmark Select Business Unit [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.9	0.8
Commerical Excess Liability [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.3	1
Medical Professional Liability Products [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.1
General Aviation [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			0.5
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				0.2
Personal Segment [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			1.2
Personal Segment [Member] | Loss and Loss Adjustment Expenses Incurred in 2014 and 2011 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unfavorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense			$ 1.2
Personal Segment [Member] | Loss and Loss Adjustment Expenses Incurred in 2013 Accident Year [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				1.9
Personal Lines Business Unit [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Favorable Adjustment to Prior Years Liability for Unpaid Claims and Claims Adjustment Expense				$ 1.9

Share-Based Payment Arrangeme49

Share-Based Payment Arrangements (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands

Apr. 02, 2015

Apr. 10, 2013

Jul. 27, 2012

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2013

Sep. 30, 2014

Dec. 31, 2014

Dec. 31, 2013

May. 29, 2015

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total unrecognized compensation cost related to non-vested share-based compensation arrangements

$ 123

$ 123

Compensation costs expected to be recognized during remainder of the fiscal period

82

82

Compensation costs expected to be recognized during next fiscal year

41

41

Restricted stock or unit expense

$ 125

$ 61

$ 457

$ 123

Other than options, granted

8,616

Stock options, granted

Long Term Incentive Plan 2005 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of incentive stock options to purchase shares of common stock outstanding

626,503

Number of non-qualified stock options to purchase shares of common stock outstanding

304,157

Number of restricted stock units to receive shares of common stock

305,306

Long Term Incentive Plan 2005 [Member] | Option Issued Prior to 2009 [Member] | First Anniversary [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of options vested or expected to vest

10.00%

10.00%

Long Term Incentive Plan 2005 [Member] | Option Issued Prior to 2009 [Member] | Second Anniversary [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of options vested or expected to vest

20.00%

20.00%

Long Term Incentive Plan 2005 [Member] | Option Issued Prior to 2009 [Member] | Third Anniversary [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of options vested or expected to vest

30.00%

30.00%

Long Term Incentive Plan 2005 [Member] | Option Issued Prior to 2009 [Member] | Fourth Anniversary [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of options vested or expected to vest

40.00%

40.00%

Long Term Incentive Plan 2005 [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive stock options termination period

5 years

Long Term Incentive Plan 2005 [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive stock options termination period

10 years

Long Term Incentive Plan 2015 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock compensation plan, number of shares authorized

2,000,000

Incentive Stock Options 2009 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive stock options termination period

10 years

Share-based payment, award vesting period

7 years

Incentive Stock Options 2009 [Member] | 200,000 Grant [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive stock options termination period

10 years

Share-based payment, award vesting period

7 years

Number of options vested or expected to vest

200,000

200,000

Incentive Stock Options 2010 [Member] | 25,000 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Incentive stock options termination period

10 years

Share-based payment, award vesting period

3 years

Number of options vested or expected to vest

25,000

25,000

Non Qualified Stock Options [Member] | Long Term Incentive Plan 2005 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of options vested or expected to vest

100.00%

100.00%

Incentive stock options termination period

10 years

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Income tax benefit of share-based payments recognized in income

$ 44

$ 22

$ 160

$ 43

Restricted Stock Units (RSUs) [Member] | Minimum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of restricted stock units granted as result of meeting growth rates

50.00%

50.00%

Restricted Stock Units (RSUs) [Member] | Maximum [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Percentage of restricted stock units granted as result of meeting growth rates

150.00%

150.00%

Restricted Stock Units (RSUs) [Member] | Long Term Incentive Plan 2005 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total unrecognized compensation cost related to non-vested share-based compensation arrangements

$ 900

$ 900

Compensation costs expected to be recognized during remainder of the fiscal period

241

241

Compensation costs expected to be recognized during next fiscal year

393

393

Compensation costs expected to be recognized during year two

196

196

Compensation costs expected to be recognized during year three

$ 35

$ 35

Other than options, granted

122,823

129,463

175,983

Other than options, forfeited

73,063

9,280

Vested

(8,616)

Other than options, grant date fair value

$ 9.66

$ 9.20

Share-Based Payment Arrangeme50

Share-Based Payment Arrangements (Summary of the Status of Stock Options) (Details) - Jun. 30, 2015 - USD ($) $ / shares in Units, $ in Thousands	Total
Share-Based Payment Arrangements [Abstract]
Stock Options, Outstanding at January 1, 2015	1,062,134
Stock options, granted
Stock Options, Exercised	(85,756)
Stock Options, Forfeited or Expired	(45,718)
Stock Options, Outstanding at June 30, 2015	930,660
Stock Options, Exercisable at June 30, 2015	876,732
Weighted Average Exercise Price, Outstanding at January 1, 2015	$ 9.51
Weighted Average Exercise Price, Exercised	6.94
Weighted Average Exercise Price, Forfeited or Expired	11.48
Weighted Average Exercise Price, Outstanding at June 30, 2015	9.65
Weighted Average Exercise Price, Exercisable at June 30, 2015	$ 9.87
Average Remaining Contractual Term, Outstanding at June 30, 2015	2 years 10 months 24 days
Average Remaining Contractual Term, Exercisable at June 30, 2015	2 years 10 months 24 days
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 1,961
Aggregate Intrinsic Value, Exercisable at June 30, 2015	$ 1,703

Share-Based Payment Arrangeme51

Share-Based Payment Arrangements (Schedule of Options, Grants in Period and Grant Date Intrinsic Value) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cost of share-based payments (non-cash)			$ 537	$ 221
Employee Stock Option [Member]
Intrinsic value of options exercised	$ 268	$ 9	382	9
Cost of share-based payments (non-cash)	41	50	80	98
Income tax benefit of share-based payments recognized in income	$ 7	$ 7	$ 15	$ 15

Share-Based Payment Arrangeme52

Share-Based Payment Arrangements (Summary of the Status of Restricted Stock Units) (Details) - shares	Apr. 02, 2015	Apr. 10, 2013	Jul. 27, 2012	Jun. 30, 2015	Jun. 30, 2013	Sep. 30, 2014
Granted	8,616
Long Term Incentive Plan 2005 [Member] | Restricted Stock Units (RSUs) [Member]
Nonvested at January 1, 2015				285,216
Granted		122,823	129,463			175,983
Vested				(8,616)
Forfeited				(73,063)	(9,280)
Nonvested at June 30, 2015				203,537

Segment Information (Schedule o

Segment Information (Schedule of Business Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues [Abstract]
Revenues	$ 97,197	$ 80,836	$ 188,647	$ 167,945
Pre-tax income (loss) [Abstract]
Pre-tax income (loss)	9,275	2,042	16,964	8,454
Standard Commercial Segment [Member]
Revenues [Abstract]
Revenues	20,083	19,341	40,464	39,682
Pre-tax income (loss) [Abstract]
Pre-tax income (loss)	2,468	(3,147)	4,354	(1,926)
Specialty Commercial Segment [Member]
Revenues [Abstract]
Revenues	62,418	58,702	124,675	121,184
Pre-tax income (loss) [Abstract]
Pre-tax income (loss)	7,727	9,465	17,448	19,389
Personal Segment [Member]
Revenues [Abstract]
Revenues	11,727	4,882	20,380	10,474
Pre-tax income (loss) [Abstract]
Pre-tax income (loss)	(76)	1,285	(372)	1,254
Corporate [Member]
Revenues [Abstract]
Revenues	2,969	(2,089)	3,128	(3,395)
Pre-tax income (loss) [Abstract]
Pre-tax income (loss)	$ (844)	$ (5,561)	$ (4,466)	$ (10,263)

Segment Information (Schedule54

Segment Information (Schedule of Additional Business Segment Information) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Assets	$ 1,041,942	$ 980,869
Standard Commercial Segment [Member]
Segment Reporting Information [Line Items]
Assets	151,800	145,355
Specialty Commercial Segment [Member]
Segment Reporting Information [Line Items]
Assets	634,625	590,852
Personal Segment [Member]
Segment Reporting Information [Line Items]
Assets	235,612	222,183
Corporate [Member]
Segment Reporting Information [Line Items]
Assets	$ 19,905	$ 22,479

Reinsurance (Schedule of Reinsu

Reinsurance (Schedule of Reinsurance Ceded and Recoveries) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reinsurance [Abstract]
Ceded earned premiums	$ 33,993	$ 36,421	$ 66,932	$ 68,234
Reinsurance recoveries	$ 23,931	$ 28,760	$ 43,289	$ 48,517

Revolving Credit Facility (Narr

Revolving Credit Facility (Narrative) (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 15
Line of credit facility, amount outstanding	$ 0
Debt instrument, description of variable rate basis	prime rate or LIBOR plus 2.5%
Line of credit facility, unused capacity, commitment fee percentage	0.25%
Debt instrument, covenant compliance	As of June 30, 2015, we were in compliance with all of our covenants
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	2.50%
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 5
Line of credit facility, commitment fee percentage	1.00%

Subordinated Debt Securities (N

Subordinated Debt Securities (Narrative) (Details) - USD ($) $ in Millions	Aug. 23, 2007	Jun. 21, 2005	Jun. 30, 2015
Subordinated Debt Due In 2035 [Member] | Trust I [Member]
Subordinated Borrowing [Line Items]
Long-term debt, gross		$ 30.9	$ 30.9
Proceeds from issuance of trust preferred securities		30
Proceeds from issuance of common stock		$ 0.9
Subordinated borrowing, interest rate			7.25%
Debt instrument, interest rate fixed to floating date			Jun. 15, 2015
Debt instrument, maturity date			Jun. 15, 2035
Debt instrument, description of variable rate basis			interest adjusts quarterly to the three-month LIBOR rate plus 3.25 percentage points
Debt instrument, basis spread on variable rate			3.25%
Debt instrument, interest rate, effective percentage			3.54%
Subordinated Debt Due In 2037 [Member] | Trust II [Member]
Subordinated Borrowing [Line Items]
Long-term debt, gross	$ 25.8		$ 25.8
Proceeds from issuance of trust preferred securities	25
Proceeds from issuance of common stock	$ 0.8
Subordinated borrowing, interest rate			8.28%
Debt instrument, interest rate fixed to floating date			Sep. 15, 2017
Debt instrument, maturity date			Sep. 15, 2037
Debt instrument, description of variable rate basis			three-month LIBOR rate plus 2.90 percentage
Debt instrument, basis spread on variable rate			2.90%

Deferred Policy Acquisition C58

Deferred Policy Acquisition Costs (Deferred Amortized Policy Acquisition Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Deferred	$ (4,003)	$ (8,167)	$ (7,721)	$ (23,622)
Amortized	3,823	11,263	7,157	26,452
Net	$ (180)	$ 3,096	$ (564)	$ 2,830

Earnings per Share (Narrative)

Earnings per Share (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	452,500	715,832	504,999	740,832

Earnings per Share (Schedule of

Earnings per Share (Schedule of Weighted Average Number of Shares Outstanding) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings per Share [Abstract]
Weighted average shares - basic	19,270	19,236	19,249	19,250
Effect of dilutive securities	176	134	183	118
Weighted average shares - assuming dilution	19,446	19,370	19,432	19,368

Net Periodic Pension Cost (Sche

Net Periodic Pension Cost (Schedule of Net Benefit Costs) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Periodic Pension Cost [Abstract]
Interest cost	$ 130	$ 133	$ 259	$ 266
Amortization of net loss	26	41	52	81
Expected return on plan assets	(176)	(175)	(351)	(349)
Net periodic pension cost	$ (20)	(1)	$ (40)	(2)
Contributed amount		$ 134		$ 234

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Effective income tax rate, continuing operations	30.90%	26.70%

Changes in Accumulated Other 63

Changes in Accumulated Other Comprehensive Income Balances (Schedule of Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			$ 17,801
Other comprehensive income (loss):
Change in net actuarial loss	$ 26	$ 41	52	$ 81
Tax effect on change in net actuarial gain	(9)	(14)	(18)	(28)
Net unrealized holding gains (losses) arising during the period	(4,106)	3,766	2,963	2,121
Tax effect on unrealized gains arising during the period	1,437	(1,318)	(1,037)	(742)
Reclassification adjustment for gains included in net realized gains (losses)	(4,992)	284	(5,853)	99
Tax effect on reclassification adjustment for gains (losses) included in net income	1,747	(99)	2,048	(35)
Other comprehensive income (loss), net of tax	(5,897)	2,660	(1,845)	1,496
Ending Balance	15,956		15,956
Minimum Pension Liability [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(2,600)	(1,480)
Other comprehensive income (loss):
Change in net actuarial loss			52	81
Tax effect on change in net actuarial gain			(18)	(28)
Other comprehensive income (loss), net of tax			34	53
Ending Balance	(2,566)	(1,427)	(2,566)	(1,427)
Unrealized Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			20,401	18,363
Other comprehensive income (loss):
Net unrealized holding gains (losses) arising during the period			2,963	2,121
Tax effect on unrealized gains arising during the period			(1,037)	(742)
Reclassification adjustment for gains included in net realized gains (losses)			(5,853)	99
Tax effect on reclassification adjustment for gains (losses) included in net income			2,048	(35)
Other comprehensive income (loss), net of tax			(1,879)	1,443
Ending Balance	18,522	19,806	18,522	19,806
Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			17,801	16,883
Other comprehensive income (loss):
Change in net actuarial loss			52	81
Tax effect on change in net actuarial gain			(18)	(28)
Net unrealized holding gains (losses) arising during the period			2,963	2,121
Tax effect on unrealized gains arising during the period			(1,037)	(742)
Reclassification adjustment for gains included in net realized gains (losses)			(5,853)	99
Tax effect on reclassification adjustment for gains (losses) included in net income			2,048	(35)
Other comprehensive income (loss), net of tax			(1,845)	1,496
Ending Balance	$ 15,956	$ 18,379	$ 15,956	$ 18,379