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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net premiums earned $ 307,723 $ 269,152
Net investment income 27,084 17,883
Net realized gains 14,620 5,588
Net unrealized gains (losses) on equity securities 15,496 (27,810)
Consolidated revenue 364,923 264,813
Losses and settlement expenses 114,488 105,524
Policy acquisition costs 101,444 85,287
Insurance operating expenses 23,901 18,863
Interest expense on debt 2,008 2,010
General corporate expenses 4,214 3,363
Total expenses 246,055 215,047
Equity in earnings of unconsolidated investees 3,923 8,759
Earnings (loss) before income taxes 122,791 58,525
Income tax expense 23,980 10,602
Net earnings (loss) 98,811 47,923
Other comprehensive earnings (loss), net of tax 37,707 (115,581)
Comprehensive earnings $ 136,518 $ (67,658)
Basic net earnings per share $ 2.17 $ 1.06
Diluted net earnings per share $ 2.15 $ 1.05
Weighted average number of common shares outstanding:    
Basic 45,530 45,306
Diluted 46,035 45,714