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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net premiums earned $ 228,595 $ 215,582
Net investment income 16,424 17,778
Net realized gains 14,150 15,152
Net unrealized gains (losses) on equity securities 28,162 (130,395)
Consolidated revenue 287,331 118,117
Losses and settlement expenses 104,892 111,021
Policy acquisition costs 74,990 72,941
Insurance operating expenses 18,796 14,381
Interest expense on debt 1,901 1,897
General corporate expenses 3,342 1,755
Total expenses 203,921 201,995
Equity in earnings of unconsolidated investees 6,424 4,514
Earnings (loss) before income taxes 89,834 (79,364)
Income tax expense (benefit) 16,822 (18,097)
Net earnings (loss) 73,012 (61,267)
Other comprehensive earnings (loss), net of tax (44,747) (13,031)
Comprehensive earnings (loss) $ 28,265 $ (74,298)
Basic net earnings (loss) per share $ 1.62 $ (1.36)
Diluted net earnings (loss) per share $ 1.60 $ (1.36)
Weighted average number of common shares outstanding:    
Basic 45,178 44,920
Diluted 45,674 44,920