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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Condensed Consolidated Statements of Earnings and Comprehensive Earnings    
Net premiums earned $ 215,582 $ 204,689
Net investment income 17,778 16,565
Net realized gains 15,152 9,068
Net unrealized gains (losses) on equity securities (130,395) 33,498
Consolidated revenue 118,117 263,820
Losses and settlement expenses 111,021 94,297
Policy acquisition costs 72,941 71,292
Insurance operating expenses 14,381 16,667
Interest expense on debt 1,897 1,861
General corporate expenses 1,755 3,276
Total expenses 201,995 187,393
Equity in earnings of unconsolidated investees 4,514 5,314
Earnings (loss) before income taxes (79,364) 81,741
Income tax expense:    
Income tax expense (benefit) (18,097) 16,268
Net earnings (loss) (61,267) 65,473
Other comprehensive earnings (loss), net of tax (13,031) 29,301
Comprehensive earnings (loss) $ (74,298) $ 94,774
Basic:    
Net earnings (loss) per share (in dollars per share) $ (1.36) $ 1.47
Comprehensive earnings (loss) per share (in dollars per share) (1.65) 2.13
Diluted:    
Net earnings (loss) per share (in dollars per share) (1.36) 1.46
Comprehensive earnings (loss) per share (in dollars per share) $ (1.65) $ 2.11
Weighted average number of common shares outstanding    
Basic (in shares) 44,920 44,536
Diluted (in shares) 44,920 44,887