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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net premiums earned $ 253,389 $ 216,630 $ 722,984 $ 640,946
Net investment income 17,844 16,543 50,929 51,238
Net realized gains 1,829 1,512 52,442 14,555
Net unrealized gains (losses) on equity securities (2,592) 28,126 29,526 (27,564)
Consolidated revenue 270,470 262,811 855,881 679,175
Losses and settlement expenses 143,656 127,596 355,574 339,819
Policy acquisition costs 80,449 71,032 232,674 213,436
Insurance operating expenses 15,560 16,850 54,504 45,137
Interest expense on debt 1,906 1,901 5,711 5,701
General corporate expenses 2,505 2,668 9,533 6,417
Total expenses 244,076 220,047 657,996 610,510
Equity in earnings of unconsolidated investees 9,043 8,745 29,407 18,359
Earnings before income taxes 35,437 51,509 227,292 87,024
Income tax expense 6,194 9,122 43,222 13,738
Net earnings 29,243 42,387 184,070 73,286
Other comprehensive earnings (loss), net of tax (12,240) 9,550 (41,810) 50,090
Comprehensive earnings $ 17,003 $ 51,937 $ 142,260 $ 123,376
Basic net earnings per share $ 0.65 $ 0.94 $ 4.07 $ 1.63
Diluted net earnings per share $ 0.64 $ 0.93 $ 4.03 $ 1.62
Weighted average number of common shares outstanding:        
Basic 45,243 45,014 45,216 44,962
Diluted 45,689 45,426 45,714 45,339