CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Premiums written:
Direct	$ 283,471	$ 314,310	$ 571,188	$ 589,444
Assumed	700	779	1,430	1,576
Ceded	(13,772)	(19,743)	(27,756)	(39,616)
Net premiums written	270,399	295,346	544,862	551,404
Decrease in unearned premiums, net	14,055	13,828	28,138	29,722
Net premiums earned	284,454	309,174	573,000	581,126
Investment income, net of expenses	55,490	62,868	112,033	131,727
Realized investment gains, net	21,734	31,702	27,495	64,656
Total other-than-temporary impairment losses	0	0	0	(6,052)
Portion of losses recognized in other comprehensive income, before taxes	0	0	0	0
Net impairment losses recognized in earnings	0	0	0	(6,052)
Other revenue	5,329	2,611	7,592	5,668
Total revenues	367,007	406,355	720,120	777,125
Losses and expenses:
Losses incurred, net (note 12)	459,552	320,077	769,983	774,588
Change in premium deficiency reserve (note 13)	(11,035)	(10,619)	(20,053)	(24,185)
Amortization of deferred policy acquisition costs	1,723	1,770	3,448	3,493
Other underwriting and operating expenses, net	52,320	52,280	108,145	110,502
Interest expense	26,326	25,099	52,368	46,117
Total losses and expenses	528,886	388,607	913,891	910,515
(Loss) income before tax	(161,879)	17,748	(193,771)	(133,390)
Benefit from income taxes (note 11)	(10,147)	(6,803)	(8,378)	(7,850)
Net (loss) income	$ (151,732)	$ 24,551	$ (185,393)	$ (125,540)
(Loss) earnings per share (note 6):
Basic (in dollars per share)	$ (0.75)	$ 0.14	$ (0.92)	$ (0.82)
Diluted (in dollars per share)	$ (0.75)	$ 0.13	$ (0.92)	$ (0.82)
Weighted average common shares outstanding - diluted (in shares, note 6)	201,097	182,156	200,921	152,344