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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Net premiums earned $ 996,939 $ 940,941 $ 2,947,000 $ 2,783,682
Net investment income 44,563 32,334 118,469 95,566
Net realized investment (losses) gains (144,213) (43,543) (581,237) 56,953
Other 2,998 2,481 7,141 7,883
Total revenues 900,287 932,213 2,491,373 2,944,084
Expenses:        
Losses and loss adjustment expenses 787,462 697,947 2,436,175 1,981,519
Policy acquisition costs 168,870 153,142 487,444 468,556
Other operating expenses 68,585 80,238 208,305 216,723
Interest 4,273 4,267 12,822 12,845
Total expenses 1,029,190 935,594 3,144,746 2,679,643
(Loss) income before income taxes (128,903) (3,381) (653,373) 264,441
Income tax (benefit) expense (30,600) (4,669) (147,471) 46,977
Net (loss) income $ (98,303) $ 1,288 $ (505,902) $ 217,464
Net (loss) income per share:        
Basic (in dollars per share) $ (1.78) $ 0.02 $ (9.14) $ 3.93
Diluted (in dollars per share) $ (1.78) $ 0.02 $ (9.14) $ 3.93
Weighted average shares outstanding:        
Basic (in shares) 55,371 55,371 55,371 55,367
Diluted (in shares) 55,371 55,375 55,371 55,375