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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
PREMIUMS EARNED AND OTHER REVENUES        
Direct premiums written $ 222,572 $ 195,435 $ 684,147 $ 607,361
Ceded premiums written (71,150) (103,492) (185,578) (301,624)
Net premiums written 151,422 91,943 498,569 305,737
Change in net unearned premiums (5,269) 2,345 (145,168) (74,280)
Premiums earned, net 146,153 94,288 353,401 231,457
Net investment income (expense) 1,307 644 3,376 1,574
Net realized gains (losses) on investments 11 501 292 5,353
Commission revenue 4,115 3,123 10,757 10,882
Policy fees 3,820 3,416 12,003 10,827
Other revenue 1,637 1,528 4,614 4,701
Total premiums earned and other revenues 157,043 103,500 384,443 264,794
OPERATING COSTS AND EXPENSES        
Losses and loss adjustment expenses 53,854 34,181 127,148 88,685
General and administrative expenses 55,289 32,167 130,152 85,431
Total operating costs and expenses 109,143 66,348 257,300 174,116
INCOME BEFORE INCOME TAXES 47,900 37,152 127,143 90,678
Income tax expense 17,602 15,811 49,811 38,662
NET INCOME $ 30,298 $ 21,341 $ 77,332 $ 52,016
Basic earnings per common share $ 0.87 $ 0.64 $ 2.22 $ 1.55
Weighted average common shares outstanding - Basic 34,911 33,432 34,837 33,607
Fully diluted earnings per common share $ 0.84 $ 0.61 $ 2.15 $ 1.48
Weighted average common shares outstanding - Diluted 35,999 34,812 35,918 35,097
Cash dividend declared per common share $ 0.12 $ 0.10 $ 0.36 $ 0.30