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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
PREMIUMS EARNED AND OTHER REVENUES      
Direct premiums written $ 954,617 $ 883,409 $ 789,577
Change in unearned premium (33,390) (46,617) (12,260)
Direct premium earned 921,227 836,792 777,317
Ceded premium earned (288,811) (332,793) (450,440)
Premiums earned, net 632,416 503,999 326,877
Net investment income (expense) 9,540 5,155 2,375
Net realized gains (losses) on investments 2,294 1,060 5,627
Commission revenue 17,733 14,870 14,205
Policy fees 16,880 15,440 13,982
Other revenue 6,426 6,020 6,210
Total premiums earned and other revenues 685,289 546,544 369,276
OPERATING COSTS AND EXPENSES      
Losses and loss adjustment expenses 301,229 187,739 123,275
General and administrative expenses 221,177 183,782 118,397
Total operating costs and expenses 522,406 371,521 241,672
INCOME BEFORE INCOME TAXES 162,883 175,023 127,604
Income tax expense 63,473 68,539 54,616
NET INCOME $ 99,410 $ 106,484 $ 72,988
Basic earnings per common share $ 2.85 $ 3.06 $ 2.17
Weighted average common shares outstanding - Basic 34,919 34,799 33,569
Diluted earnings per common share $ 2.79 $ 2.97 $ 2.08
Weighted average common shares outstanding - Diluted 35,650 35,884 35,150
Cash dividend declared per common share $ 0.69 $ 0.63 $ 0.55