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Consolidated Statement of Earnings (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
REVENUE        
Net earned premium $ 572,248 $ 561,356 $ 1,134,860 $ 1,122,542
Net investment income 56,438 55,668 113,244 111,433
Other operating income 9,983 7,784 19,249 16,629
Net realized investment gain 4,905 4,623 25,151 13,193
Total revenue 643,574 629,431 1,292,504 1,263,797
EXPENSE        
Loss and loss adjustment expense, net 327,094 339,474 648,938 672,171
Policy acquisition costs, net 72,970 70,796 142,011 137,745
Other operating expense 99,001 87,719 194,955 164,572
Interest expense 6,865 6,611 13,984 13,082
Total expense 505,930 504,600 999,888 987,570
Earnings before income taxes 137,644 124,831 292,616 276,227
Income tax expense 40,508 36,669 87,569 82,215
Net earnings $ 97,136 $ 88,162 $ 205,047 $ 194,012
Earnings per common share        
Basic $ 0.97 $ 0.88 $ 2.05 $ 1.93
Diluted $ 0.97 $ 0.87 $ 2.04 $ 1.92