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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 288,399 $ 76,151
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 47,412 43,730
Net realized investment (gains) losses (197,726) 48,355
Increase in premiums receivable (74,797) (83,944)
Decrease in reinsurance recoverables 117,640 2,930
Changes in current and deferred income taxes 60,026 18,459
Increase in deferred policy acquisition costs (22,563) (18,328)
Increase in loss and loss adjustment expense reserves 25,799 69,441
Increase in unearned premiums 147,784 138,849
Increase in accounts payable and accrued expenses 40,764 31,628
Share-based compensation 88 104
Other, net (19,233) (2,180)
Net cash provided by operating activities 413,593 325,195
Fixed maturity securities available for sale in nature:    
Purchases (384,991) (547,385)
Sales 55,882 148,421
Calls or maturities 258,810 243,982
Equity securities available for sale in nature:    
Purchases (852,903) (778,405)
Sales 805,752 641,159
Changes in securities payable and receivable 3,771 13,647
(Increase) decrease in short-term investments (168,378) 39,650
Purchases of fixed assets (31,824) (20,649)
Other, net 4,972 8,064
Net cash used in investing activities (308,909) (251,516)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to shareholders (104,196) (103,752)
Proceeds from stock options exercised 591 340
Net cash used in financing activities (103,605) (103,412)
Net increase (decrease) in cash 1,079 (29,733)
Cash:    
Beginning of the year 314,291 291,413
End of period 315,370 261,680
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 16,567 16,567
Income taxes paid (refunded), net $ 1,178 $ (10,778)