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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 366,886 $ (95,058)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 53,844 54,154
Net realized investment (gains) losses (155,536) 60,772
Net gains on sales of fixed assets (20,113) (5,857)
Loss on property held for sale 6,420 0
Increase in premiums receivable (123,554) (53,643)
Decrease (increase) in reinsurance recoverables 3,928 (551)
Changes in current and deferred income taxes 40,583 (43,396)
Increase in deferred policy acquisition costs (47,562) (30,097)
Increase in loss and loss adjustment expense reserves 287,988 138,866
Increase in unearned premiums 341,250 202,915
Increase in accounts payable and accrued expenses 56,834 16,088
Other, net (22,169) (16,527)
Net cash provided by operating activities 788,799 227,666
Fixed maturity securities available for sale in nature:    
Purchases (1,221,342) (459,389)
Sales 163,105 160,115
Calls or maturities 562,132 184,038
Equity securities available for sale in nature:    
Purchases (1,276,932) (970,935)
Sales 1,193,926 987,078
Calls 7,185 0
Changes in securities payable and receivable 14,026 (12,844)
Increase in short-term investments (99,233) (81,991)
Purchases of fixed assets (33,814) (26,985)
Sales of fixed assets 12,707 29,860
Other, net 8,966 6,143
Net cash used in investing activities (669,274) (184,910)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to shareholders (52,741) (52,741)
Payments on finance lease obligations (1,412) (855)
Proceeds from bank borrowing 0 175,000
Net cash (used in) provided by financing activities (54,153) 121,404
Net increase in cash 65,372 164,160
Cash:    
Beginning of the year 550,903 289,776
End of period 616,275 453,936
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 26,783 19,534
Income taxes paid (refunded), net $ 43,912 $ (64)