CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Premiums written:
Direct	$ 244,189	$ 254,547
Assumed	451	551
Ceded (note 4)	(26,620)	(6,598)
Net premiums written	218,020	248,500
Increase in unearned premiums, net	(3,759)	(1,441)
Net premiums earned	214,261	247,059
Investment income, net of expenses	20,156	18,328
Realized investment (losses) gains, net	(231)	1,259
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	896	2,539
Total revenues	235,082	269,185
Losses and expenses:
Losses incurred, net (note 12)	122,608	266,208
Change in premium deficiency reserve (note 13)	(5,173)	(1,650)
Amortization of deferred policy acquisition costs	1,419	1,697
Other underwriting and operating expenses, net	37,981	48,315
Interest expense (note 3)	17,539	26,406
Total losses and expenses	174,374	340,976
Income (loss) before tax	60,708	(71,791)
Provision for income taxes (note 11)	726	1,139
Net income (loss)	$ 59,982	$ (72,930)
Income (loss) per share (note 6):
Basic (in dollars per share)	$ 0.18	$ (0.31)
Diluted (in dollars per share)	$ 0.15	$ (0.31)
Weighted average common shares outstanding - basic (note 6) (in shares)	338,213	232,348
Weighted average common shares outstanding - diluted (note 6) (in shares)	413,180	232,348