CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Premiums written:
Direct	$ 255,041	$ 247,254	$ 740,479	$ 749,282
Assumed	400	509	1,281	1,591
Ceded (note 4)	(32,536)	(13,485)	(87,450)	(31,473)
Net premiums written	222,905	234,278	654,310	719,400
Increase in unearned premiums, net	(13,870)	(2,421)	(23,528)	(2,707)
Net premiums earned	209,035	231,857	630,782	716,693
Investment income, net of expenses	22,355	20,250	63,691	59,461
Realized investment gains, net	632	189	923	3,933
Total other-than-temporary impairment losses	0	(328)	0	(328)
Portion of losses recognized in other comprehensive income, before taxes	0	0	0	0
Net impairment losses recognized in earnings	0	(328)	0	(328)
Other revenue	3,093	2,481	6,037	7,735
Total revenues	235,115	254,449	701,433	787,494
Losses and expenses:
Losses incurred, net (note 12)	115,254	180,189	379,003	642,671
Change in premium deficiency reserve (note 13)	(6,744)	(3,813)	(19,750)	(16,746)
Amortization of deferred policy acquisition costs	2,096	2,209	5,191	5,861
Other underwriting and operating expenses, net	34,882	45,761	105,101	139,683
Interest expense (note 3)	17,361	17,653	52,274	62,001
Total losses and expenses	162,849	241,999	521,819	833,470
Income (loss) before tax	72,266	12,450	179,614	(45,976)
Provision for income taxes (note 11)	249	336	2,093	2,465
Net income (loss)	$ 72,017	$ 12,114	$ 177,521	$ (48,441)
Income (loss) per share (note 6):
Basic (in dollars per share)	$ 0.21	$ 0.04	$ 0.52	$ (0.16)
Diluted (in dollars per share)	$ 0.18	$ 0.04	$ 0.45	$ (0.16)
Weighted average common shares outstanding - basic (note 6) (in shares)	338,626	337,868	338,488	302,996
Weighted average common shares outstanding - diluted (note 6) (in shares)	413,576	339,426	413,473	302,996