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Condensed Consolidated Statements of Earnings and Comprehensive Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net premiums earned $ 141,584 $ 130,826 $ 278,864 $ 246,877
Net investment income 14,826 15,180 30,119 31,483
Net realized investment gains 492 10,050 11,908 14,522
Other-than-temporary impairment (OTTI) losses on investments (1,156)   (1,156)  
Consolidated revenue 155,746 156,056 319,735 292,882
Losses and settlement expenses 61,005 30,363 122,888 77,234
Policy acquisition costs 48,173 46,243 96,370 84,861
Insurance operating expenses 10,783 12,130 23,042 21,745
Interest expense on debt 1,525 1,512 3,025 3,024
General corporate expenses 1,815 1,964 3,802 3,969
Total expenses 123,301 92,212 249,127 190,833
Equity in earnings of unconsolidated investee 4,123 3,886 7,069 6,502
Earnings before income taxes 36,568 67,730 77,677 108,551
Income tax expense 11,820 22,738 24,891 35,853
Net earnings 24,748 44,992 52,786 72,698
Unrealized gains (losses) on securities:        
Unrealized holding gains arising during the period 5,430 9,224 24,939 17,378
Less: Reclassification adjustment for losses (gains) included in net earnings 460 (6,464) (8,273) (9,370)
Other comprehensive earnings 5,890 2,760 16,666 8,008
Comprehensive earnings $ 30,638 $ 47,752 $ 69,452 $ 80,706
Basic:        
Basic net earnings per share (in dollars per share) $ 1.17 $ 2.13 $ 2.49 $ 3.45
Basic comprehensive earnings per share (in dollars per share) $ 1.44 $ 2.27 $ 3.28 $ 3.83
Diluted:        
Diluted net earnings per share (in dollars per share) $ 1.15 $ 2.11 $ 2.45 $ 3.41
Diluted comprehensive earnings per share (in dollars per share) $ 1.42 $ 2.24 $ 3.23 $ 3.79
Weighted average number of common shares outstanding        
Basic (in shares) 21,213 21,075 21,200 21,050
Diluted (in shares) 21,514 21,332 21,521 21,315
Cash dividends declared per common share (in dollars per share) $ 0.32 $ 0.30 $ 0.62 $ 0.59