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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Direct premiums written $ 467,078 $ 446,179
Change in unearned premiums 46,179 35,893
Direct premiums earned 513,257 482,072
Ceded premiums earned (157,536) (148,047)
Premiums earned, net 355,721 334,025
Net investment income 16,060 13,523
Net realized gains (losses) on investments (14) (77)
Net change in unrealized gains (losses) on investments 10 3,106
Commission revenue 16,275 11,033
Policy fees 4,493 4,405
Other revenue 2,322 1,944
Total revenues 394,867 367,959
OPERATING COSTS AND EXPENSES    
Losses and loss adjustment expenses 250,555 240,187
General and administrative expenses 87,244 78,666
Total operating costs and expenses 337,799 318,853
Interest and amortization of debt issuance costs 1,612 1,622
INCOME (LOSS) BEFORE INCOME TAXES 55,456 47,484
Income tax expense (benefit) 14,017 13,827
NET INCOME (LOSS) $ 41,439 $ 33,657
Basic earnings (loss) per common share (in USD per share) $ 1.48 $ 1.17
Weighted average common shares outstanding - Basic (in shares) 28,091 28,869
Diluted earnings (loss) per common share (in USD per share) $ 1.44 $ 1.14
Weighted average common shares outstanding - Diluted (in shares) 28,779 29,404
Cash dividend declared per common share (in USD per share) $ 0.16 $ 0.16