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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Net premiums written $ 966,580 $ 894,282 $ 820,029
Decrease in unearned premiums 24,302 22,624 22,498
Net premiums earned 990,882 916,906 842,527
Net investment income 222,070 186,139 124,409
Realized investment gains (losses), net (2,350) (7,204) (13,172)
Income (loss) from other invested assets 7,375 (11,118) 28,676
Other income 24,927 25,036 18,384
Total revenues 1,242,904 1,109,759 1,000,824
Losses and expenses:      
Provision (benefit) for losses and LAE 81,220 31,542 (174,704)
Other underwriting and operating expenses 270,874 225,081 171,733
Interest expense 35,319 30,137 15,608
Total losses and expenses 387,413 286,760 12,637
Income before income taxes 855,491 822,999 988,187
Income tax expense 126,088 126,613 156,834
Net income $ 729,403 $ 696,386 $ 831,353
Earnings per share:      
Basic (in dollars per share) $ 6.92 $ 6.56 $ 7.75
Diluted (in dollars per share) $ 6.85 $ 6.50 $ 7.72
Weighted average shares outstanding:      
Basic (in shares) 105,394 106,222 107,205
Diluted (in shares) 106,550 107,129 107,653
Other comprehensive income (loss):      
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(7,818) in 2024, $17,944 in 2023 and $(75,013) in 2022 $ (23,488) $ 102,294 $ (433,497)
Total other comprehensive income (loss) (23,488) 102,294 (433,497)
Comprehensive income $ 705,915 $ 798,680 $ 397,856