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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Net premiums written $ 820,029 $ 807,492 $ 834,113
Decrease in unearned premiums 22,498 65,051 28,451
Net premiums earned 842,527 872,543 862,564
Net investment income 124,409 88,765 80,087
Realized investment (losses) gains, net (13,172) 418 2,697
Income (loss) from other invested assets 28,676 56,386 (215)
Other income 18,384 10,398 10,021
Total revenues 1,000,824 1,028,510 955,154
Losses and expenses:      
(Benefit) provision for losses and LAE (174,704) 31,057 301,293
Other underwriting and operating expenses 171,733 166,857 154,691
Interest expense 15,608 8,282 9,074
Total losses and expenses 12,637 206,196 465,058
Income before income taxes 988,187 822,314 490,096
Income tax expense 156,834 140,531 77,055
Net income $ 831,353 $ 681,783 $ 413,041
Earnings per share:      
Basic (in dollars per share) $ 7.75 $ 6.13 $ 3.89
Diluted (in dollars per share) $ 7.72 $ 6.11 $ 3.88
Weighted average shares outstanding:      
Basic (in shares) 107,205 111,164 106,098
Diluted (in shares) 107,653 111,555 106,376
Net income $ 831,353 $ 681,783 $ 413,041
Other comprehensive (loss) income:      
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(75,013) in 2022, $(15,477) in 2021 and $16,836 in 2020 (433,497) (87,567) 82,087
Total other comprehensive (loss) income (433,497) (87,567) 82,087
Comprehensive income $ 397,856 $ 594,216 $ 495,128