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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Direct premiums written $ 592,774 $ 574,351 $ 1,656,572 $ 1,598,797
Change in unearned premiums (58,668) (66,606) (85,784) (118,331)
Direct premiums earned 534,106 507,745 1,570,788 1,480,466
Ceded premiums earned (174,430) (162,009) (495,198) (455,747)
Premiums earned, net 359,676 345,736 1,075,590 1,024,719
Net investment income 18,337 15,406 51,655 43,589
Net realized gains (losses) on investments (345) (1,146) 4,921 (1,534)
Net change in unrealized gains (losses) on equity investments 1,296 7,299 (4,755) 11,760
Commission revenue 14,598 12,959 46,727 35,671
Policy fees 5,389 5,194 15,485 15,175
Other revenue 2,030 2,106 6,366 6,347
Total revenues 400,981 387,554 1,195,989 1,135,727
OPERATING COSTS AND EXPENSES        
Losses and loss adjustment expenses 252,279 316,955 763,139 800,714
Policy acquisition costs 63,594 58,665 186,046 170,100
Other operating expenses 30,728 28,438 87,362 82,783
Total operating costs and expenses 346,601 404,058 1,036,547 1,053,597
Interest and amortization of debt issuance costs 1,603 1,619 4,823 4,864
INCOME (LOSS) BEFORE INCOME TAXES 52,777 (18,123) 154,619 77,266
Income tax expense (benefit) 12,947 (1,960) 38,257 24,356
NET INCOME (LOSS) $ 39,830 $ (16,163) $ 116,362 $ 52,910
Basic earnings (loss) per common share (in USD per share) $ 1.43 $ (0.57) $ 4.16 $ 1.85
Weighted average common shares outstanding - Basic (in shares) 27,851 28,355 27,971 28,607
Diluted earnings (loss) per common share (in USD per share) $ 1.38 $ (0.57) $ 4.03 $ 1.80
Weighted average common shares outstanding - Diluted (in shares) 28,808 28,355 28,903 29,317
Cash dividend declared per common share (in USD per share) $ 0.16 $ 0.16 $ 0.48 $ 0.48