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Unaudited quarterly financial data (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Unaudited quarterly financial data [Abstract]                      
Net premiums written $ 263,773 $ 255,745 $ 270,399 $ 274,463 $ 271,409 [1] $ 278,982 $ 295,346 $ 256,058 $ 1,064,380 $ 1,101,795 $ 1,243,027
Net premiums earned 275,741 275,094 284,454 288,546 291,125 [1] 296,496 309,174 271,952 1,123,835 1,168,747 1,302,341
Investment income, net of expenses 40,339 48,898 55,490 56,543 57,061 58,465 62,868 68,859 201,270 247,253 304,678
Loss incurred, net 482,070 462,654 459,552 310,431 448,375 [1] 384,578 320,077 454,511 1,714,707 1,607,541 3,379,444
Change in premium deficiency reserve (11,709) (12,388) (11,035) (9,018) (18,275) [1] (8,887) (10,619) (13,566) (44,150) (51,347)  
Underwriting and other operating expenses 50,680 52,477 54,043 57,550 53,541 [1] 57,606 54,050 59,945 214,750 225,142  
Interest expense 25,142 25,761 26,326 26,042 25,770 [1] 26,702 25,099 21,018 103,271 98,589 89,266
Net income (loss) $ (135,294) $ (165,205) $ (151,732) $ (33,661) $ (186,667) [1] $ (51,528) $ 24,551 $ (150,091) $ (485,892) $ (363,735) $ (1,322,277)
Income (loss) per share [Abstract]                      
Basic $ (0.67) [2] $ (0.82) [2] $ (0.75) [2] $ (0.17) [2] $ (0.93) [1],[2] $ (0.26) [2] $ 0.14 [2] $ (1.20) [2] $ (2.42) [2] $ (2.06) [2] $ (10.65)
Diluted $ (0.67) [2] $ (0.82) [2] $ (0.75) [2] $ (0.17) [2] $ (0.93) [1],[2] $ (0.26) [2] $ 0.13 [2] $ (1.20) [2] $ (2.42) [2] $ (2.06) [2] $ (10.65)
[1] In prior periods, the liability associated with premium to be returned on claim payments is included in loss reserves and changes to this estimate affect losses incurred. See Note 3 - Summary of significant accounting policies - Revenue recognition.
[2] Due to the use of weighted average shares outstanding when calculating earnings per share, the sum of the quarterly per share data may not equal the per share data for the year.