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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Net premiums earned $ 3,827,606 $ 3,373,380 $ 3,017,253
Net investment income earned 388,650 288,155 326,589
Net realized and unrealized investment gains (losses) (3,552) (114,808) 17,599
Other income 19,402 11,335 17,723
Total revenues 4,232,106 3,558,062 3,379,164
Expenses:      
Loss and loss expense incurred 2,484,285 2,111,778 1,813,984
Amortization of deferred policy acquisition costs 796,182 705,822 626,469
Other insurance expenses 433,742 400,313 375,931
Interest expense 28,799 28,847 29,165
Corporate expenses 30,686 31,116 28,305
Total expenses 3,773,694 3,277,876 2,873,854
Income before federal income tax 458,412 280,186 505,310
Federal income tax expense:      
Current 94,022 78,308 87,335
Deferred (848) (23,008) 14,138
Total federal income tax expense 93,174 55,300 101,473
Net income 365,238 224,886 403,837
Preferred stock dividends 9,200 9,200 9,353
Net Income available to common stockholders $ 356,038 $ 215,686 $ 394,484
Earnings per common share:      
Earnings per common share - net income available to common stockholders - Basic $ 5.87 $ 3.57 $ 6.55
Earnings per common share - net income available to common stockholders - Diluted $ 5.84 $ 3.54 $ 6.50