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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Net premiums earned $ 1,410,400 $ 1,320,652 $ 4,060,208 $ 3,723,355
Net investment income 83,970 72,738 244,208 206,726
Net realized investment gains 84,451 114,446 131,251 155,536
Other 6,105 22,538 21,022 23,837
Total revenues 1,584,926 1,530,374 4,456,689 4,109,454
Expenses:        
Losses and loss adjustment expenses 882,745 918,439 3,043,596 2,759,117
Policy acquisition costs 236,164 230,293 692,765 630,016
Other operating expenses 108,518 86,861 283,996 245,651
Interest 7,181 7,717 21,562 23,288
Total expenses 1,234,608 1,243,310 4,041,919 3,658,072
Income before income taxes 350,318 287,064 414,770 451,382
Income tax expense 69,915 56,208 76,223 84,496
Net income $ 280,403 $ 230,856 $ 338,547 $ 366,886
Net income per share:        
Basic (in dollars per share) $ 5.06 $ 4.17 $ 6.11 $ 6.63
Diluted (in dollars per share) $ 5.06 $ 4.17 $ 6.11 $ 6.63
Weighted average shares outstanding:        
Basic (in shares) 55,389 55,371 55,389 55,371
Diluted (in shares) 55,389 55,376 55,389 55,374