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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Net premiums written $ 894,282 $ 820,029 $ 807,492
Decrease in unearned premiums 22,624 22,498 65,051
Net premiums earned 916,906 842,527 872,543
Net investment income 186,139 124,409 88,765
Realized investment (losses) gains, net (7,204) (13,172) 418
Income (loss) from other invested assets (11,118) 28,676 56,386
Other income 25,036 18,384 10,398
Total revenues 1,109,759 1,000,824 1,028,510
Losses and expenses:      
(Benefit) provision for losses and LAE 31,542 (174,704) 31,057
Other underwriting and operating expenses 200,431 171,733 166,857
Premiums retained by agents 24,650 0 0
Interest expense 30,137 15,608 8,282
Total losses and expenses 286,760 12,637 206,196
Income before income taxes 822,999 988,187 822,314
Income tax expense 126,613 156,834 140,531
Net income $ 696,386 $ 831,353 $ 681,783
Earnings per share:      
Basic (in dollars per share) $ 6.56 $ 7.75 $ 6.13
Diluted (in dollars per share) $ 6.50 $ 7.72 $ 6.11
Weighted average shares outstanding:      
Basic (in shares) 106,222 107,205 111,164
Diluted (in shares) 107,129 107,653 111,555
Net income $ 696,386 $ 831,353 $ 681,783
Other comprehensive income (loss):      
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $17,944 in 2023, $(75,013) in 2022 and $(15,477) in 2021 102,294 (433,497) (87,567)
Total other comprehensive income (loss) 102,294 (433,497) (87,567)
Comprehensive income $ 798,680 $ 397,856 $ 594,216