CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Premiums written:
Direct	$ 271,360	$ 274,610	$ 782,094	$ 845,798
Assumed	597	(6,999)	1,852	(5,569)
Ceded	(8,452)	(11,866)	(26,850)	(39,622)
Net premiums written	263,505	255,745	757,096	800,607
Decrease in unearned premiums, net	2,927	19,349	14,369	47,487
Net premiums earned	266,432	275,094	771,465	848,094
Investment income, net of expenses	30,394	48,898	99,980	160,931
Realized investment gains, net	6,184	11,405	110,356	38,900
Total other-than-temporary impairment losses	0	(253)	(339)	(253)
Portion of losses recognized in other comprehensive income, before taxes	0	0	0	0
Net impairment losses recognized in earnings	0	(253)	(339)	(253)
Other revenue	3,209	2,025	25,530	9,617
Total revenues	306,219	337,169	1,006,992	1,057,289
Losses and expenses:
Losses incurred, net (note 12)	490,121	462,654	1,378,617	1,232,637
Change in premium deficiency reserve (note 13)	(9,144)	(12,388)	(50,685)	(32,441)
Amortization of deferred policy acquisition costs (note 2)	1,939	1,762	5,544	5,210
Other underwriting and operating expenses, net	48,739	50,715	144,387	158,860
Interest expense	24,478	25,761	74,017	78,129
Total losses and expenses	556,133	528,504	1,551,880	1,442,395
Loss before tax	(249,914)	(191,335)	(544,888)	(385,106)
Benefit from income taxes (note 11)	(2,972)	(26,130)	(4,500)	(34,508)
Net loss	$ (246,942)	$ (165,205)	$ (540,388)	$ (350,598)
Loss per share (note 6):
Basic (in dollars per share)	$ (1.22)	$ (0.82)	$ (2.68)	$ (1.74)
Diluted (in dollars per share)	$ (1.22)	$ (0.82)	$ (2.68)	$ (1.74)
Weighted average common shares outstanding - diluted (note 6) (in shares)	202,014	201,109	201,851	200,983