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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
PREMIUMS EARNED AND OTHER REVENUES    
Direct premiums written $ 227,973 $ 211,605
Ceded premiums written (74,059) (106,497)
Net premiums written 153,914 105,108
Change in net unearned premium (1,466) (10,748)
Premiums earned, net 152,448 94,360
Net investment income (expense) 1,605 862
Net realized gains (losses) on investments 667 171
Commission revenue 4,113 3,168
Policy fees 4,114 3,832
Other revenue 1,499 1,417
Total premiums earned and other revenues 164,446 103,810
OPERATING COSTS AND EXPENSES    
Losses and loss adjustment expenses 66,117 33,590
General and administrative expenses 57,230 32,197
Total operating costs and expenses 123,347 65,787
INCOME BEFORE INCOME TAXES 41,099 38,023
Income tax expense 15,873 15,693
NET INCOME $ 25,226 $ 22,330
Basic earnings per common share $ 0.73 $ 0.65
Weighted average common shares outstanding - Basic 34,527 34,578
Fully diluted earnings per common share $ 0.71 $ 0.62
Weighted average common shares outstanding - Diluted 35,594 36,081
Cash dividend declared per common share $ 0.14 $ 0.12