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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Net premiums earned $ 724,960 $ 651,703
Net investment income earned 69,716 55,967
Net realized and unrealized investment gains (losses) 5,119 (44,666)
Other income 4,112 1,825
Total revenues 803,907 664,829
Expenses:    
Loss and loss expense incurred 413,401 400,324
Amortization of deferred policy acquisition costs 149,051 136,501
Other insurance expenses 88,910 95,346
Interest expense 7,359 7,601
Corporate expenses 9,554 9,060
Total expenses 668,275 648,832
Income before federal income tax 135,632 15,997
Federal income tax expense:    
Current 28,424 9,886
Deferred (2,062) (9,125)
Total federal income tax expense 26,362 761
Net income 109,270 15,236
Preferred stock dividends 2,453 0
Net Income available to common stockholders $ 106,817 $ 15,236
Earnings per common share:    
Net income available to common stockholders - Basic $ 1.78 $ 0.26
Net income available to common stockholders - Diluted $ 1.77 $ 0.25