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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 136,030 $ (86,831)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 34,738 35,917
Net realized investment gains (41,090) (29,229)
Net losses (gains) on sales of fixed assets 71 (5,855)
Loss on property held for sale 6,145 0
Increase in premiums receivable (103,766) (19,107)
Decrease (increase) in reinsurance recoverables 2,188 (1,643)
Changes in current and deferred income taxes 3,810 (36,747)
Increase in deferred policy acquisition costs (33,016) (11,786)
Increase in loss and loss adjustment expense reserves 190,701 135,097
Increase in unearned premiums 238,474 86,751
Increase in accounts payable and accrued expenses 29,076 14,499
Other, net 7,309 24,307
Net cash provided by operating activities 470,670 105,373
Fixed maturity securities available for sale in nature:    
Purchases (789,541) (255,888)
Sales 145,144 118,121
Calls or maturities 261,280 124,542
Equity securities available for sale in nature:    
Purchases (768,728) (628,971)
Sales 721,754 668,730
Calls 7,185 0
Changes in securities payable and receivable 20,607 (29,195)
Decrease (increase) in short-term investments 41,492 (63,238)
Purchases of fixed assets (21,857) (19,063)
Sales of fixed assets 4 29,860
Other, net 7,007 3,478
Net cash used in investing activities (375,653) (51,624)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to shareholders (35,160) (35,160)
Payments on finance lease obligations (1,427) (642)
Proceeds from bank borrowing 0 50,000
Net cash (used in) provided by financing activities (36,587) 14,198
Net increase in cash 58,430 67,947
Cash:    
Beginning of the year 550,903 289,776
End of period 609,333 357,723
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 15,012 8,409
Income taxes paid (refunded), net $ 24,477 $ (65)