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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net premiums earned $ 241,000 $ 208,734 $ 469,595 $ 424,316
Net investment income 16,661 16,917 33,085 34,695
Net realized gains (losses) 36,463 (2,109) 50,613 13,043
Net unrealized gains (losses) on equity securities 3,956 74,705 32,118 (55,690)
Consolidated revenue 298,080 298,247 585,411 416,364
Losses and settlement expenses 107,026 101,202 211,918 212,223
Policy acquisition costs 77,235 69,463 152,225 142,404
Insurance operating expenses 20,148 13,906 38,944 28,287
Interest expense on debt 1,904 1,903 3,805 3,800
General corporate expenses 3,686 1,994 7,028 3,749
Total expenses 209,999 188,468 413,920 390,463
Equity in earnings of unconsolidated investees 13,940 5,100 20,364 9,614
Earnings before income taxes 102,021 114,879 191,855 35,515
Income tax expense 20,206 22,713 37,028 4,616
Net earnings 81,815 92,166 154,827 30,899
Other comprehensive earnings (loss), net of tax 15,177 53,571 (29,570) 40,540
Comprehensive earnings $ 96,992 $ 145,737 $ 125,257 $ 71,439
Basic net earnings per share $ 1.81 $ 2.05 $ 3.43 $ 0.69
Diluted net earnings per share $ 1.79 $ 2.04 $ 3.39 $ 0.68
Weighted average number of common shares outstanding:        
Basic 45,226 44,951 45,202 44,936
Diluted 45,715 45,274 45,703 45,311