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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Premiums written:    
Direct $ 286,522 $ 276,471
Assumed 3,965 3,538
Ceded (55,544) (44,663)
Net premiums written 234,943 235,346
Decrease in unearned premiums, net 420 8,373
Net premiums earned 235,363 243,719
Investment income, net of expenses 61,742 61,443
Net gains (losses) on investments and other financial instruments (169) 741
Other revenue 141 331
Total Revenues 297,077 306,234
Losses and Expenses:    
Losses incurred, net 33,242 9,591
Amortization of deferred insurance policy acquisition costs 1,224 1,657
Other underwriting and operating expenses, net 46,884 51,406
Interest expense 8,899 8,899
Total Losses and Expenses 90,249 71,553
Income before tax 206,828 234,681
Provision for income tax 41,525 49,221
Net Income $ 165,303 $ 185,460
Earnings per share:    
Basic (in dollars per share) $ 0.76 $ 0.76
Diluted (in dollars per share) $ 0.76 $ 0.75
Weighted average common shares outstanding - basic (in shares) 216,135 244,147
Weighted average common shares outstanding - diluted (in shares) 218,186 246,490