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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Net premiums earned $ 812,283 $ 724,960
Net investment income earned 72,602 69,716
Net realized and unrealized investment (losses) gains (40,352) 5,119
Other income 1,529 4,112
Total revenues 846,062 803,907
Expenses:    
Loss and loss expense incurred 494,236 413,401
Amortization of deferred policy acquisition costs 169,757 149,051
Other insurance expenses 93,990 88,910
Interest expense 7,168 7,359
Corporate expenses 11,021 9,554
Total expenses 776,172 668,275
Income before federal income tax 69,890 135,632
Federal income tax expense:    
Current 17,178 28,424
Deferred (3,618) (2,062)
Total federal income tax expense 13,560 26,362
Net income 56,330 109,270
Preferred stock dividends 2,300 2,453
Net Income available to common stockholders $ 54,030 $ 106,817
Earnings per common share:    
Net income available to common stockholders - Basic $ 0.89 $ 1.78
Net income available to common stockholders - Diluted $ 0.89 $ 1.77