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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 457,453 $ 432,139
Purchase of:    
Fixed income securities, available-for-sale (982,958) (591,291)
Equity securities (137,744) (76,568)
Property and equipment (3,736) (4,187)
Other (4,453) (4,356)
Proceeds from sale of:    
Fixed income securities, available-for-sale 383,181 80,245
Equity securities 87,874 44,863
Other 2,790 4,624
Proceeds from call or maturity of:    
Fixed income securities, available-for-sale 343,319 242,955
Net proceeds from sale (purchase) of short-term investments (90,791) (68,373)
Net cash used in investing activities (402,518) (372,088)
Cash Flows from Financing Activities    
Cash dividends paid (43,146) (38,882)
Proceeds from stock option exercises 1,042 3,041
Net cash used in financing activities (42,104) (35,841)
Net increase (decrease) in cash 12,831 24,210
Cash at the beginning of the period 39,790 36,424
Cash at September 30, $ 52,621 $ 60,634