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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, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net premiums earned $ 282,810 $ 241,000 $ 551,962 $ 469,595
Net investment income 18,472 16,661 36,355 33,085
Net realized gains 12,804 36,463 18,392 50,613
Net unrealized gains (losses) on equity securities (100,994) 3,956 (128,804) 32,118
Consolidated revenue 213,092 298,080 477,905 585,411
Losses and settlement expenses 117,914 107,026 223,438 211,918
Policy acquisition costs 89,615 77,235 174,902 152,225
Insurance operating expenses 19,325 20,148 38,188 38,944
Interest expense on debt 2,011 1,904 4,021 3,805
General corporate expenses 2,435 3,686 5,798 7,028
Total expenses 231,300 209,999 446,347 413,920
Equity in earnings of unconsolidated investees 11,654 13,940 20,413 20,364
Earnings (loss) before income taxes (6,554) 102,021 51,971 191,855
Income tax expense (benefit) (4,315) 20,206 6,287 37,028
Net earnings (loss) (2,239) 81,815 45,684 154,827
Other comprehensive earnings (loss), net of tax (97,563) 15,177 (213,144) (29,570)
Comprehensive earnings (loss) $ (99,802) $ 96,992 $ (167,460) $ 125,257
Basic net earnings (loss) per share $ (0.05) $ 1.81 $ 1.01 $ 3.43
Diluted net earnings (loss) per share $ (0.05) $ 1.79 $ 1.00 $ 3.39
Weighted average number of common shares outstanding:        
Basic 45,354 45,226 45,330 45,202
Diluted 45,354 45,715 45,748 45,703