Quarterly Results of Operations (unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Data [Abstract]

Quarterly Results of Operations (unaudited)

Quarterly Results of Operations (unaudited)

The following is a summary of unaudited quarterly results of operations for 2016 and 2015:

	2016
(In thousands, except per share data)	1st			2nd			3rd			4th
Net premiums earned	$	177,579		$	176,732		$	185,275		$	193,694
Net losses and loss adjustment expenses:
Current year	139,660			143,668			147,093			156,585
Prior year	(28,705		)	(36,769		)	(29,011		)	(49,292		)
Net income	19,317			43,081			33,834			54,848
Basic earnings per share	0.36			0.81			0.64			1.03
Diluted earnings per share	0.36			0.81			0.63			1.02
	2015
(In thousands, except per share data)	1st			2nd			3rd			4th
Net premiums earned	$	171,899		$	175,293		$	182,085		$	164,874
Net losses and loss adjustment expenses:
Current year	138,654			139,057			145,027			149,157
Prior year	(33,514		)	(35,115		)	(36,221		)	(56,330		)
Net income	37,814			33,158			10,276			34,948
Basic earnings per share	0.67			0.60			0.19			0.66
Diluted earnings per share	0.67			0.60			0.19			0.65
* Quarterly and year-to-date computations of per share amounts are made independently; therefore, the sum of per share amounts for the quarters may not equal per share amounts for the respective year-to-date periods.