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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES        
Direct premiums written $ 578,267 $ 547,126 $ 1,024,446 $ 957,228
Change in unearned premium (87,618) (83,802) (51,725) (38,536)
Direct premium earned 490,649 463,324 972,721 918,692
Ceded premium earned (145,691) (160,050) (293,738) (333,194)
Premiums earned, net 344,958 303,274 678,983 585,498
Net investment income 14,660 11,282 28,183 21,980
Net realized gains (losses) on investments (311) 882 (388) 94
Net change in unrealized gains (losses) on investments 1,355 1,731 4,461 2,688
Commission revenue 11,679 14,986 22,712 32,268
Policy fees 5,576 5,384 9,981 9,551
Other revenue 2,297 2,031 4,241 3,999
Total revenues 380,214 339,570 748,173 656,078
OPERATING COSTS AND EXPENSES        
Losses and loss adjustment expenses 243,572 223,727 483,759 429,881
General and administrative expenses 87,114 76,675 165,780 152,602
Total operating costs and expenses 330,686 300,402 649,539 582,483
Interest and amortization of debt issuance costs 1,623 1,629 3,245 3,265
INCOME (LOSS) BEFORE INCOME TAXES 47,905 37,539 95,389 70,330
Income tax expense (benefit) 12,489 8,973 26,316 17,591
NET INCOME (LOSS) $ 35,416 $ 28,566 $ 69,073 $ 52,739
Basic earnings (loss) per common share (in USD per share) $ 1.24 $ 0.94 $ 2.40 $ 1.74
Weighted average common shares outstanding - Basic (in shares) 28,600 30,265 28,734 30,323
Diluted earnings (loss) per common share (in USD per share) $ 1.21 $ 0.93 $ 2.35 $ 1.72
Weighted average common shares outstanding - Diluted (in shares) 29,308 30,659 29,369 30,633
Cash dividend declared per common share (in USD per share) $ 0.16 $ 0.16 $ 0.32 $ 0.32