CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Premiums written:
Direct	$ 247,481	$ 246,939	$ 502,028	$ 510,734
Assumed	531	614	1,082	1,255
Ceded	(11,390)	(8,948)	(17,988)	(18,398)
Net premiums written	236,622	238,605	485,122	493,591
Decrease (increase) in unearned premiums, net	1,155	4,023	(286)	11,442
Net premiums earned	237,777	242,628	484,836	505,033
Investment income, net of expenses	20,883	32,178	39,211	69,586
Realized investment gains, net	2,485	26,611	3,744	104,172
Total other-than-temporary impairment losses	0	(339)	0	(339)
Portion of losses recognized in other comprehensive income, before taxes	0	0	0	0
Net impairment losses recognized in earnings	0	(339)	0	(339)
Other revenue	2,715	20,012	5,254	22,321
Total revenues	263,860	321,090	533,045	700,773
Losses and expenses:
Losses incurred, net (note 12)	196,274	551,408	462,482	888,496
Change in premium deficiency reserve (note 13)	(11,283)	(27,358)	(12,933)	(41,541)
Amortization of deferred policy acquisition costs	1,955	1,935	3,652	3,605
Other underwriting and operating expenses, net	45,607	46,975	93,922	95,648
Interest expense	17,942	24,912	44,348	49,539
Total losses and expenses	250,495	597,872	591,471	995,747
Income (loss) before tax	13,365	(276,782)	(58,426)	(294,974)
Provision for (benefit from) income taxes (note 11)	990	(2,891)	2,129	(1,528)
Net income (loss)	$ 12,375	$ (273,891)	$ (60,555)	$ (293,446)
Income (loss) per share (note 6):
Basic (in dollars per share)	$ 0.04	$ (1.36)	$ (0.21)	$ (1.45)
Diluted (in dollars per share)	$ 0.04	$ (1.36)	$ (0.21)	$ (1.45)
Weighted average common shares outstanding - diluted (note 6) (in shares)	339,341	202,013	285,336	201,770