CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Premiums written:
Direct	$ 254,547	$ 263,795
Assumed	551	641
Ceded	(6,598)	(9,450)
Net premiums written	248,500	254,986
(Increase) decrease in unearned premiums, net	(1,441)	7,419
Net premiums earned	247,059	262,405
Investment income, net of expenses	18,328	37,408
Realized investment gains, net	1,259	77,561
Total other-than-temporary impairment losses	0	0
Portion of losses recognized in other comprehensive income, before taxes	0	0
Net impairment losses recognized in earnings	0	0
Other revenue	2,539	2,309
Total revenues	269,185	379,683
Losses and expenses:
Losses incurred, net (note 12)	266,208	337,088
Change in premium deficiency reserve (note 13)	(1,650)	(14,183)
Amortization of deferred policy acquisition costs	1,697	1,670
Other underwriting and operating expenses, net	48,315	48,673
Interest expense	26,406	24,627
Total losses and expenses	340,976	397,875
Loss before tax	(71,791)	(18,192)
Provision for income taxes (note 11)	1,139	1,363
Net loss	$ (72,930)	$ (19,555)
Loss per share (note 6):
Basic (in dollars per share)	$ (0.31)	$ (0.1)
Diluted (in dollars per share)	$ (0.31)	$ (0.1)
Weighted average common shares outstanding - diluted (note 6) (in shares)	232,348	201,528