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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 467,953 $ 96,336 $ (512,672)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 73,433 72,240 82,390
Net realized investment (gains) losses (88,671) (101,014) 488,080
Net (gains) losses on sales of fixed assets (20,111) (5,879) 86
Loss on property held for sale 6,420 0 841
(Increase) decrease in premiums receivable (89,051) (35,615) 49,630
Decrease (increase) in reinsurance recoverables 3,334 (6,052) 19,105
Changes in current and deferred income taxes 11,992 60,945 (131,500)
Increase in deferred policy acquisition costs (41,488) (27,369) (8,216)
Increase in loss and loss adjustment expense reserves 366,329 200,792 358,480
Increase in unearned premiums 304,170 190,021 25,840
Increase (decrease) in accounts payable and accrued expenses 67,139 23,162 (15,844)
Other, net (24,332) (14,563) (3,631)
Net cash provided by operating activities 1,037,117 453,004 352,589
Fixed maturity securities available for sale in nature:      
Purchases (1,720,986) (784,752) (1,794,817)
Sales 171,432 276,805 856,291
Calls or maturities 940,858 294,309 480,023
Equity securities available for sale in nature:      
Purchases (1,663,525) (1,356,493) (1,042,913)
Sales 1,550,229 1,356,132 1,154,523
Calls 7,185 0 0
Changes in securities payable and receivable 32,327 (36,435) 22,124
(Increase) decrease in short-term investments (92,156) (48,446) 38,141
Purchases of fixed assets (46,138) (36,810) (35,508)
Sales of fixed assets 12,707 29,860 3
Other, net 11,411 10,377 5,749
Net cash used in investing activities (796,656) (295,453) (316,384)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends paid to shareholders (70,326) (70,322) (105,482)
Proceeds from stock options exercised 752 0 0
Payments on finance lease obligations (1,533) (1,102) (1,504)
Proceeds from bank loan 0 175,000 25,000
Net cash (used in) provided by financing activities (71,107) 103,576 (81,986)
Net increase (decrease) in cash 169,354 261,127 (45,781)
Cash:      
Beginning of year 550,903 289,776 335,557
End of year 720,257 550,903 289,776
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Interest paid 30,077 23,000 16,665
Income taxes (refunded) paid, net $ 94,935 $ (57,853) $ (26,542)