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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Net earned premiums $ 788,777 $ 781,587 $ 774,420
Net investment income 46,665 43,788 38,758
Earnings from partnership investments 1,937 6,915 2,082
Net realized gains on investments 2,976 3,226 6,036
Change in unrealized gains on equity investments 21,454 (16,324)  
Net impairment losses on investments (a) (889) (228) (256)
Finance and other service income 16,833 17,533 18,073
Total revenue 877,753 836,497 839,113
Expenses      
Losses and loss adjustment expenses 509,846 485,513 503,887
Underwriting, operating and related expenses 244,136 246,643 248,436
Interest expense 90 90 90
Total expenses 754,072 732,246 752,413
Income before income taxes 123,681 104,251 86,700
Income tax expense 24,080 21,056 24,313
Net income $ 99,601 $ 83,195 $ 62,387
Earnings per weighted average common share:      
Basic (in dollars per share) $ 6.52 $ 5.48 $ 4.13
Diluted (in dollars per share) 6.46 5.43 4.10
Cash dividends paid per common share (in dollars per share) $ 3.40 $ 3.20 $ 3.00
Number of shares used in computing earnings per share:      
Basic (in shares) 15,201,132 15,080,269 15,010,751
Diluted (in shares) 15,337,807 15,229,898 15,135,348