CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Premiums written:
Direct	$ 241,249	$ 247,481	$ 485,438	$ 502,028
Assumed	430	531	881	1,082
Ceded (note 4)	(28,294)	(11,390)	(54,914)	(17,988)
Net premiums written	213,385	236,622	431,405	485,122
(Increase) decrease in unearned premiums, net	(5,899)	1,155	(9,658)	(286)
Net premiums earned	207,486	237,777	421,747	484,836
Investment income, net of expenses	21,180	20,883	41,336	39,211
Realized investment gains, net	522	2,485	291	3,744
Total other-than-temporary impairment losses	0	0	0	0
Portion of losses recognized in other comprehensive income, before taxes	0	0	0	0
Net impairment losses recognized in earnings	0	0	0	0
Other revenue	2,048	2,715	2,944	5,254
Total revenues	231,236	263,860	466,318	533,045
Losses and expenses:
Losses incurred, net (note 12)	141,141	196,274	263,749	462,482
Change in premium deficiency reserve (note 13)	(7,833)	(11,283)	(13,006)	(12,933)
Amortization of deferred policy acquisition costs	1,676	1,955	3,095	3,652
Other underwriting and operating expenses, net	32,238	45,607	70,219	93,922
Interest expense (note 3)	17,374	17,942	34,913	44,348
Total losses and expenses	184,596	250,495	358,970	591,471
Income (loss) before tax	46,640	13,365	107,348	(58,426)
Provision for income taxes (note 11)	1,118	990	1,844	2,129
Net income (loss)	$ 45,522	$ 12,375	$ 105,504	$ (60,555)
Income (loss) per share (note 6):
Basic (in dollars per share)	$ 0.13	$ 0.04	$ 0.31	$ (0.21)
Diluted (in dollars per share)	$ 0.12	$ 0.04	$ 0.27	$ (0.21)
Weighted average common shares outstanding - basic (note 6) (in shares)	338,626	337,868	338,419	285,336
Weighted average common shares outstanding - diluted (note 6) (in shares)	413,481	339,341	413,374	285,336