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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
PREMIUMS EARNED AND OTHER REVENUES      
Direct premiums written $ 1,190,875 $ 1,055,886 $ 954,617
Change in unearned premium (69,235) (56,688) (33,390)
Direct premium earned 1,121,640 999,198 921,227
Ceded premium earned (353,258) (310,405) (288,811)
Premiums earned, net 768,382 688,793 632,416
Net investment income 24,816 13,460 9,540
Net realized gains (losses) on sale of securities (2,089) 2,570 2,294
Net change in unrealized gains (losses) of equity securities (17,169) 0 0
Commission revenue 22,438 21,253 17,733
Policy fees 20,275 18,838 16,880
Other revenue 7,163 7,002 6,426
Total premiums earned and other revenues 823,816 751,916 685,289
OPERATING COSTS AND EXPENSES      
Losses and loss adjustment expenses 414,455 350,428 301,229
General and administrative expenses 256,488 231,004 221,177
Total operating costs and expenses 670,943 581,432 522,406
INCOME BEFORE INCOME TAXES 152,873 170,484 162,883
Income tax expense 35,822 63,549 63,473
NET INCOME $ 117,051 $ 106,935 $ 99,410
Basic earnings per common share (in dollars per share) $ 3.36 $ 3.07 $ 2.85
Weighted average common shares outstanding - Basic (in shares) 34,856 34,841 34,919
Diluted earnings per common share (in dollars per share) $ 3.27 $ 2.99 $ 2.79
Weighted average common shares outstanding - Diluted (in shares) 35,786 35,809 35,650
Cash dividend declared per common share (in dollars per share) $ 0.73 $ 0.69 $ 0.69