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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Net premiums earned $ 632,573 $ 591,828
Net investment income earned 50,618 43,231
Net realized and unrealized gains (losses):    
Net realized investment gains on disposals 3,444 4,731
Other-than-temporary impairments (104) (1,212)
Unrealized gains (losses) on equity securities 10,111 (14,068)
Total net realized and unrealized gains (losses) 13,451 (10,549)
Other income 2,320 2,179
Total revenues 698,962 626,689
Expenses:    
Loss and loss expense incurred 386,579 384,941
Amortization of deferred policy acquisition costs 129,674 121,093
Other insurance expenses 85,079 83,240
Interest expense 11,526 6,152
Corporate expenses 12,410 11,332
Total expenses 625,268 606,758
Income before federal income tax 73,694 19,931
Federal income tax expense:    
Current 12,581 433
Deferred (235) 573
Total federal income tax expense 12,346 1,006
Net income $ 61,348 $ 18,925
Earnings per share:    
Basic net income $ 1.04 $ 0.32
Diluted net income $ 1.02 $ 0.32