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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES        
Direct premiums written $ 532,527 $ 473,627 $ 929,008 $ 838,941
Change in unearned premium (103,722) (81,053) (85,600) (70,761)
Direct premium earned 428,805 392,574 843,408 768,180
Ceded premium earned (151,744) (136,402) (297,283) (268,703)
Premiums earned, net 277,061 256,172 546,125 499,477
Net investment income 5,221 2,858 9,263 5,844
Net realized gains (losses) on investments (725) 496 (667) 1,038
Net change in unrealized gains (losses) of equity securities (8,884) 1,229 (12,280) 735
Commission revenue 11,404 9,860 22,565 18,986
Policy fees 5,940 6,575 10,719 11,962
Other revenue 1,989 1,991 3,763 3,896
Total revenues 292,006 279,181 579,488 541,938
OPERATING COSTS AND EXPENSES        
Losses and loss adjustment expenses 200,304 167,221 385,410 311,184
General and administrative expenses 79,291 81,866 157,588 164,289
Total operating costs and expenses 279,595 249,087 542,998 475,473
Interest and amortization of debt issuance costs 1,731 35 3,339 55
INCOME (LOSS) BEFORE INCOME TAXES 10,680 30,059 33,151 66,410
Income tax expense (benefit) 3,310 8,118 8,244 18,061
NET INCOME (LOSS) $ 7,370 $ 21,941 $ 24,907 $ 48,349
Basic earnings (loss) per common share (in USD per share) $ 0.24 $ 0.70 $ 0.80 $ 1.55
Weighted average common shares outstanding - Basic (in shares) 30,829 31,240 30,987 31,224
Diluted earnings (loss) per common share (in USD per share) $ 0.24 $ 0.70 $ 0.80 $ 1.54
Weighted average common shares outstanding - Diluted (in shares) 30,883 31,310 31,060 31,292
Cash dividend declared per common share (in USD per share) $ 0.16 $ 0.16 $ 0.32 $ 0.32