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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Net premiums earned $ 694,541 $ 653,620 $ 1,976,915 $ 1,928,812
Net investment income earned 68,185 55,826 158,596 164,949
Net realized and unrealized gains (losses):        
Net realized investment gains on disposals 573 20,425 7,288 26,752
Unrealized gains (losses) on equity securities 4,338 (20,317) (7,098) (8,091)
Other-than-temporary impairment benefit (expense) 2,810 (2,291) (24,486) (3,366)
Total net realized and unrealized gains (losses) 7,721 (2,183) (24,296) 15,295
Other income 6,119 3,162 12,627 8,535
Total revenues 776,566 710,425 2,123,842 2,117,591
Expenses:        
Loss and loss expense incurred 447,802 398,675 1,252,075 1,166,238
Amortization of deferred policy acquisition costs 142,291 136,572 415,723 399,647
Other insurance expenses 89,530 90,234 269,477 261,975
Interest expense 7,781 7,397 23,310 26,289
Corporate expenses 3,905 6,369 19,310 28,345
Total expenses 691,309 639,247 1,979,895 1,882,494
Income before federal income tax 85,257 71,178 143,947 235,097
Federal income tax expense:        
Current 17,412 13,805 25,948 44,344
Deferred (2,030) 1,223 (1,295) 989
Total federal income tax expense 15,382 15,028 24,653 45,333
Net income $ 69,875 $ 56,150 $ 119,294 $ 189,764
Earnings per share:        
Basic net income $ 1.17 $ 0.94 $ 1.99 $ 3.20
Diluted net income $ 1.16 $ 0.93 $ 1.98 $ 3.16