Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
ASSETS
Available-for-sale, at fair value (amortized cost of $3,448,746 and allowance for credit losses of $157 at 3/31/25) (amortized cost of $3,391,159 and allowance for credit losses of $197 at 12/31/24)	$ 3,274,276	$ 3,175,796
Equity securities, at fair value (cost - $447,799 at 3/31/25 and $417,897 at 12/31/24)	725,946	736,191
Short-term investments, at cost which approximates fair value	116,601	74,915
Other invested assets	60,357	57,939
Cash	27,058	39,790
Total investments and cash	4,204,238	4,084,631
Accrued investment income	27,932	28,319
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $23,085 at 3/31/25 and $22,932 at 12/31/24	242,655	230,534
Ceded unearned premium	117,790	124,955
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $10,341 at 3/31/25 and $9,580 at 12/31/24	752,829	755,425
Deferred policy acquisition costs	169,628	166,214
Property and equipment, at cost, net of accumulated depreciation of $78,322 at 3/31/25 and $76,330 at 12/31/24	42,328	43,172
Investment in unconsolidated investees	56,684	56,477
Goodwill and intangibles	53,562	53,562
Income taxes-deferred	10,043	7,793
Other assets	51,465	77,720
TOTAL ASSETS	5,729,154	5,628,802
Liabilities
Unpaid loss and settlement expenses	2,743,245	2,693,470
Unearned premiums	975,721	984,140
Reinsurance balances payable	27,693	44,681
Funds held	105,721	97,380
Income taxes-current	24,735	749
Debt	100,000	100,000
Accrued expenses	63,454	124,242
Other liabilities	84,373	62,173
TOTAL LIABILITIES	4,124,942	4,106,835
Shareholders' Equity
Common stock ($0.01 par value) (Shares authorized - 400,000,000) (137,633,162 shares issued, 91,772,734 shares outstanding at 3/31/25) (137,598,560 shares issued, 91,738,132 shares outstanding at 12/31/24)	1,376	1,376
Paid-in capital	370,422	367,645
Accumulated other comprehensive earnings (loss)	(143,693)	(173,723)
Retained earnings	1,769,106	1,719,668
Deferred compensation	11,812	13,498
Less: Treasury shares, at cost (45,860,428 shares at 3/31/25 and 12/31/24)	(404,811)	(406,497)
TOTAL SHAREHOLDERS' EQUITY	1,604,212	1,521,967
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 5,729,154	$ 5,628,802