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Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net premiums earned $ 1,144,436 $ 980,903 $ 865,747
Net investment income 86,078 68,862 67,893
Net realized gains 588,515 64,222 17,885
Net unrealized gains (losses) on equity securities (121,037) 65,258 32,101
Consolidated revenue 1,697,992 1,179,245 983,626
Losses and settlement expenses 514,376 456,602 442,884
Policy acquisition costs 369,632 317,468 286,438
Insurance operating expenses 82,212 76,907 66,828
Interest expense on debt 8,047 7,677 7,603
General corporate expenses 12,900 13,330 10,265
Total expenses 987,167 871,984 814,018
Equity in earnings of unconsolidated investees 9,853 37,060 20,233
Earnings (losses) before income taxes 720,678 344,321 189,841
Income tax expense (benefit):      
Current 186,906 46,040 24,174
Deferred (49,639) 18,927 8,576
Total tax expense 137,267 64,967 32,750
Net earnings (losses) 583,411 279,354 157,091
Other comprehensive earnings (loss), net of tax (278,902) (58,888) 56,219
Comprehensive earnings $ 304,509 $ 220,466 $ 213,310
Basic net earnings per share $ 12.86 $ 6.18 $ 3.49
Diluted net earnings per share $ 12.74 $ 6.11 $ 3.46
Weighted average number of common shares outstanding:      
Basic 45,368 45,230 45,000
Diluted 45,794 45,712 45,376