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Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net premiums earned $ 1,294,306 $ 1,144,436 $ 980,903
Net investment income 120,383 86,078 68,862
Net realized gains 32,518 588,515 64,222
Net unrealized gains (losses) on equity securities 64,787 (121,037) 65,258
Consolidated revenue 1,511,994 1,697,992 1,179,245
Losses and settlement expenses 604,413 514,376 456,602
Policy acquisition costs 418,325 369,632 317,468
Insurance operating expenses 98,383 82,212 76,907
Interest expense on debt 7,301 8,047 7,677
General corporate expenses 15,917 12,900 13,330
Total expenses 1,144,339 987,167 871,984
Equity in earnings of unconsolidated investees 9,610 9,853 37,060
Earnings before income taxes 377,265 720,678 344,321
Income tax expense (benefit):      
Current 64,944 186,906 46,040
Deferred 7,710 (49,639) 18,927
Income tax expense 72,654 137,267 64,967
Net earnings 304,611 583,411 279,354
Other comprehensive earnings (loss), net of tax 62,773 (278,902) (58,888)
Comprehensive earnings $ 367,384 $ 304,509 $ 220,466
Basic net earnings per share $ 6.68 $ 12.86 $ 6.18
Diluted net earnings per share $ 6.61 $ 12.74 $ 6.11
Weighted average number of common shares outstanding:      
Basic 45,596 45,368 45,230
Diluted 46,077 45,794 45,712