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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Net premiums earned $ 630,671 $ 642,619 $ 1,282,374 $ 1,275,192
Net investment income earned 34,444 58,505 90,411 109,123
Net realized and unrealized gains (losses):        
Net realized investment gains on disposals 2,615 2,883 6,715 6,327
Unrealized gains (losses) on equity securities 5,701 2,115 (11,436) 12,226
Other-than-temporary impairment benefit (expense) 4,333 (971) (27,296) (1,075)
Total net realized and unrealized gains (losses) 12,649 4,027 (32,017) 17,478
Other income 4,683 3,053 6,508 5,373
Total revenues 682,447 708,204 1,347,276 1,407,166
Expenses:        
Loss and loss expense incurred 403,949 380,984 804,273 767,563
Amortization of deferred policy acquisition costs 136,931 133,401 273,432 263,075
Other insurance expenses 84,601 86,662 179,947 171,741
Interest expense 7,928 7,366 15,529 18,892
Corporate expenses 6,345 9,566 15,405 21,976
Total expenses 639,754 617,979 1,288,586 1,243,247
Income before federal income tax 42,693 90,225 58,690 163,919
Federal income tax expense:        
Current (1,350) 17,958 8,536 30,539
Deferred 9,860 1 735 (234)
Total federal income tax expense 8,510 17,959 9,271 30,305
Net income $ 34,183 $ 72,266 $ 49,419 $ 133,614
Earnings per share:        
Basic net income $ 0.57 $ 1.22 $ 0.83 $ 2.25
Diluted net income $ 0.57 $ 1.21 $ 0.82 $ 2.23