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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Net premiums earned $ 272,248,000 $ 194,559,000 $ 698,598,000 $ 605,708,000
Net investment income 19,278,000 16,924,000 51,713,000 55,877,000
Equity in earnings (loss) of unconsolidated subsidiaries 15,244,000 4,853,000 33,959,000 (22,065,000)
Net realized investment gains (losses):        
Impairment losses 0 0 0 (1,745,000)
Portion of impairment losses recognized in other comprehensive income (loss) before taxes 0 0 0 237,000
Net impairment losses recognized in earnings 0 0 0 (1,508,000)
Other net realized investment gains (losses) 530,000 8,838,000 20,212,000 1,658,000
Total net realized investment gains (losses) 530,000 8,838,000 20,212,000 150,000
Other income 2,400,000 1,723,000 6,862,000 5,668,000
Total revenues 309,700,000 226,897,000 811,344,000 645,338,000
Expenses        
Net losses and loss adjustment expenses 223,393,000 145,581,000 555,030,000 521,412,000
Underwriting, policy acquisition and operating expenses:        
Operating expense 38,659,000 32,419,000 120,721,000 96,650,000
DPAC amortization 28,153,000 27,014,000 79,729,000 83,528,000
SPC U.S. federal income tax expense 431,000 871,000 1,291,000 1,573,000
SPC dividend expense (income) 1,320,000 3,854,000 5,926,000 7,988,000
Interest expense 5,814,000 3,881,000 14,203,000 11,725,000
Goodwill impairment 0 161,115,000 0 161,115,000
Total expenses 297,770,000 374,735,000 776,900,000 883,991,000
Gain on bargain purchase 0 0 74,408,000 0
Income (loss) before income taxes 11,930,000 (147,838,000) 108,852,000 (238,653,000)
Provision for income taxes:        
Current expense (benefit) 3,692,000 11,314,000 2,643,000 (26,621,000)
Deferred expense (benefit) (3,962,000) (9,173,000) (5,775,000) (22,000,000)
Total income tax expense (benefit) (270,000) 2,141,000 (3,132,000) (48,621,000)
Net income (loss) 12,200,000 (149,979,000) 111,984,000 (190,032,000)
Other comprehensive income (loss), after tax, net of reclassification adjustments (11,565,000) 7,155,000 (33,720,000) 31,330,000
Comprehensive income (loss) $ 635,000 $ (142,824,000) $ 78,264,000 $ (158,702,000)
Earnings (loss) per share        
Basic (in usd per share) $ 0.23 $ (2.78) $ 2.08 $ (3.53)
Diluted (in usd per share) $ 0.23 $ (2.78) $ 2.07 $ (3.53)
Weighted average number of common shares outstanding:        
Basic (in shares) 53,982 53,889 53,955 53,854
Diluted (in shares) 54,078 53,918 54,042 53,896
Cash dividends declared per common share (in usd per share) $ 0.05 $ 0.05 $ 0.15 $ 0.41