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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
PREMIUMS EARNED AND OTHER REVENUES        
Direct premiums written $ 274,744 $ 241,888 $ 816,350 $ 741,782
Change in unearned premium (19,935) (7,388) (80,543) (59,211)
Direct premium earned 254,809 234,500 735,807 682,571
Ceded premium earned (80,292) (74,966) (230,722) (214,128)
Premiums earned, net 174,517 159,534 505,085 468,443
Net investment income (expense) 3,085 2,304 9,012 6,051
Net realized gains (losses) on investments 803 101 2,450 1,344
Commission revenue 5,304 4,603 14,546 12,927
Policy fees 4,861 4,226 14,594 13,093
Other revenue 1,673 1,668 4,917 4,827
Total premiums earned and other revenues 190,243 172,436 550,604 506,685
OPERATING COSTS AND EXPENSES        
Losses and loss adjustment expenses 116,375 73,548 267,129 199,749
General and administrative expenses 57,269 54,725 171,582 166,780
Total operating costs and expenses 173,644 128,273 438,711 366,529
INCOME BEFORE INCOME TAXES 16,599 44,163 111,893 140,156
Income tax expense 6,635 17,281 41,354 54,400
NET INCOME $ 9,964 $ 26,882 $ 70,539 $ 85,756
Basic earnings per common share $ 0.29 $ 0.77 $ 2.02 $ 2.46
Weighted average common shares outstanding - Basic 34,686 35,042 34,927 34,878
Diluted earnings per common share $ 0.28 $ 0.75 $ 1.96 $ 2.41
Weighted average common shares outstanding - Diluted 35,615 35,723 35,917 35,594
Cash dividend declared per common share $ 0.14 $ 0.14 $ 0.42 $ 0.42