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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net premiums earned $ 360,676 $ 307,723
Net investment income 32,847 27,084
Net realized gains 5,994 14,620
Net unrealized gains on equity securities 45,314 15,496
Consolidated revenue 444,831 364,923
Losses and settlement expenses 143,824 114,488
Policy acquisition costs 110,454 101,444
Insurance operating expenses 28,703 23,901
Interest expense on debt 1,618 2,008
General corporate expenses 5,010 4,214
Total expenses 289,609 246,055
Equity in earnings of unconsolidated investees 4,769 3,923
Earnings before income taxes 159,991 122,791
Income tax expense 32,091 23,980
Net earnings 127,900 98,811
Other comprehensive earnings (loss), net of tax (12,671) 37,707
Comprehensive earnings $ 115,229 $ 136,518
Basic net earnings per share $ 2.80 $ 2.17
Diluted net earnings per share $ 2.77 $ 2.15
Weighted average number of common shares outstanding:    
Basic 45,684 45,530
Diluted 46,163 46,035