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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES:    
Net premiums written $ 1,376,966 $ 1,203,526
Change in net unearned premiums (144,847) (103,875)
Net premiums earned 1,232,119 1,099,651
Net investment income 135,929 157,619
Insurance service fees 26,736 23,877
Net investment gains:    
Net realized gains on investment sales 19,969 43,477
Change in valuation allowance, net of other-than-temporary impairments 0 4,014
Net investment gains 19,969 47,491
Revenues from wholly-owned investees 91,735 49,675
Other income 281 392
Total revenues 1,506,769 1,378,705
OPERATING COSTS AND EXPENSES:    
Losses and loss expenses 744,679 679,472
Other operating costs and expenses 481,604 431,779
Expenses from wholly-owned investees 89,152 51,330
Interest expense 31,111 28,821
Total operating costs and expenses 1,346,546 1,191,402
Income before income taxes 160,223 187,303
Income tax expense (43,625) (52,071)
Net income before noncontrolling interests 116,598 135,232
Noncontrolling interests 17 86
Net income to common stockholders $ 116,615 $ 135,318
NET INCOME PER SHARE:    
Basic $ 0.86 $ 0.98
Diluted $ 0.83 $ 0.94