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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Net premiums earned $ 3,017,253 $ 2,681,814 $ 2,597,171
Net investment income earned 326,589 227,107 222,543
Net realized and unrealized investment gains (losses) 17,599 (4,217) 14,422
Other income 17,723 17,570 12,355
Total revenues 3,379,164 2,922,274 2,846,491
Expenses:      
Loss and loss expense incurred 1,813,984 1,635,823 1,551,491
Amortization of deferred policy acquisition costs 626,469 560,271 535,973
Other insurance expenses 375,931 366,941 358,069
Interest expense 29,165 30,839 33,668
Corporate expenses 28,305 25,412 30,900
Total expenses 2,873,854 2,619,286 2,510,101
Income before federal income tax 505,310 302,988 336,390
Federal income tax expense:      
Current 87,335 60,059 60,640
Deferred 14,138 (3,426) 4,127
Total federal income tax expense 101,473 56,633 64,767
Net income 403,837 246,355 271,623
Preferred stock dividends 9,353 0 0
Net Income available to common stockholders $ 394,484 $ 246,355 $ 271,623
Earnings per common share:      
Net income available to common stockholders - Basic (in dollars per share) $ 6.55 $ 4.12 $ 4.57
Net income available to common stockholders - Diluted (in dollars per share) $ 6.50 $ 4.09 $ 4.53