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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
PREMIUMS EARNED AND OTHER REVENUES    
Direct premiums written $ 269,984 $ 245,415
Change in unearned premium (7,723) (9,040)
Direct premium earned 262,261 236,375
Ceded premium earned (79,684) (74,816)
Premiums earned, net 182,577 161,559
Net investment income (expense) 4,785 2,704
Net realized gains (losses) on sale of securities (2,641) (63)
Net change in unrealized gains (losses) of securities (5,109)  
Commission revenue 5,271 4,598
Policy fees 4,775 4,483
Other revenue 1,842 1,593
Total premiums earned and other revenues 191,500 174,874
OPERATING COSTS AND EXPENSES    
Losses and loss adjustment expenses 75,926 70,570
General and administrative expenses 63,875 56,933
Total operating costs and expenses 139,801 127,503
INCOME BEFORE INCOME TAXES 51,699 47,371
Income tax expense 11,644 16,172
NET INCOME $ 40,055 $ 31,199
Basic earnings per common share $ 1.15 $ 0.89
Weighted average common shares outstanding - Basic 34,839 35,140
Diluted earnings per common share $ 1.12 $ 0.86
Weighted average common shares outstanding - Diluted 35,660 36,180
Cash dividend declared per common share $ 0.14 $ 0.14