CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Premiums written:
Direct	$ 277,206	$ 273,337	$ 553,677	$ 548,540
Assumed	3,717	3,353	7,255	6,769
Ceded	(43,539)	(43,212)	(88,202)	(88,031)
Net premiums written	237,384	233,478	472,730	467,278
Decrease in unearned premiums, net	6,938	10,050	15,311	18,894
Net premiums earned	244,322	243,528	488,041	486,172
Investment income, net of expenses	60,995	61,479	122,438	121,223
Net gains (losses) on investments and other financial instruments	(1,426)	(276)	(685)	(8,785)
Other revenue	354	546	685	1,028
Total revenues	304,245	305,277	610,479	599,638
Losses and expenses:
Losses incurred, net	(2,835)	(18,272)	6,756	(13,717)
Amortization of deferred insurance policy acquisition costs	1,738	2,150	3,395	4,159
Other underwriting and operating expenses, net	50,354	52,675	101,760	111,693
Interest expense	8,899	8,899	17,798	17,798
Total losses and expenses	58,156	45,452	129,709	119,933
Income before tax	246,089	259,825	480,770	479,705
Provision for income tax	53,607	55,597	102,828	101,380
Net income	$ 192,482	$ 204,228	$ 377,942	$ 378,325
Earnings per share:
Basic (in dollars per share)	$ 0.81	$ 0.77	$ 1.57	$ 1.41
Diluted (in dollars per share)	$ 0.81	$ 0.77	$ 1.56	$ 1.40
Weighted average common shares outstanding - basic (in shares)	236,333	265,315	240,218	267,814
Weighted average common shares outstanding - diluted (in shares)	237,971	266,872	242,209	269,990