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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net premiums earned $ 407,695 $ 389,489 $ 1,207,944 $ 1,129,230
Net investment income 41,270 36,694 117,414 103,502
Net realized gains (losses) 18,318 5,420 48,234 11,222
Net unrealized gains on equity securities 41,981 38,392 43,163 87,314
Consolidated revenue 509,264 469,995 1,416,755 1,331,268
Losses and settlement expenses 187,998 202,118 549,814 513,741
Policy acquisition costs 128,937 117,811 378,126 342,186
Insurance operating expenses 30,215 28,868 86,683 84,892
Interest expense on debt 1,364 1,617 4,049 4,839
General corporate expenses 5,045 3,994 12,747 13,144
Total expenses 353,559 354,408 1,031,419 958,802
Equity in earnings of unconsolidated investees 1,540 1,238 7,055 7,653
Earnings before income taxes 157,245 116,825 392,391 380,119
Income tax expense 32,635 21,798 80,231 75,200
Net earnings 124,610 95,027 312,160 304,919
Other comprehensive earnings (loss), net of tax 27,674 80,293 76,405 59,779
Comprehensive earnings $ 152,284 $ 175,320 $ 388,565 $ 364,698
Basic net earnings per share $ 1.36 $ 1.04 $ 3.4 $ 3.33
Diluted net earnings per share $ 1.35 $ 1.03 $ 3.38 $ 3.3
Weighted average number of common shares outstanding:        
Basic 91,849 91,559 91,816 91,467
Diluted 92,310 92,441 92,460 92,370