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Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Net premiums earned $ 1,050,944 $ 902,336
Net investment income earned 107,849 91,506
Net realized and unrealized investment gains (losses) (1,635) 3,344
Other income 7,801 2,634
Total revenues 1,164,959 999,820
Expenses:    
Loss and loss expense incurred 704,292 567,438
Amortization of deferred policy acquisition costs 219,435 189,761
Other insurance expenses 115,987 108,588
Interest expense 7,181 7,166
Corporate expenses 15,498 12,108
Total expenses 1,062,393 885,061
Income before federal income tax 102,566 114,759
Federal income tax expense:    
Current 21,413 25,505
Deferred (1,365) (3,320)
Total federal income tax expense 20,048 22,185
Net income 82,518 92,574
Preferred stock dividends 2,300 2,300
Net income available to common stockholders, basic 80,218 90,274
Net income available to common stockholders, diluted $ 80,218 $ 90,274
Earnings per common share:    
Net income available to common stockholders - Basic (in dollars per share) $ 1.32 $ 1.49
Net income available to common stockholders - DIluted (in dollars per share) $ 1.31 $ 1.48