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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Gross written premiums $ 393,222 $ 343,149
Revenues:    
Net written premiums 269,452 243,045
Change in unearned premiums (67,124) (59,926)
Net earned premiums 202,328 183,119
Net investment income 13,657 11,258
Total other-than-temporary impairment losses (42) (198)
Portion of loss recognized in other comprehensive income (before tax)   44
Net other-than-temporary impairment losses recognized in earnings (42) (154)
Net realized gains (losses) 4,814 1,842
Other income (expense) 618 911
Total revenues 221,375 196,976
Expenses:    
Net losses and loss adjustment expenses 131,342 117,985
Commission expenses 26,555 29,450
Other operating expenses 40,874 36,307
Interest expense 2,051 2,049
Total expenses 200,822 185,791
Income (loss) before income taxes 20,553 11,185
Income tax expense (benefit) 6,643 3,281
Net income (loss) $ 13,910 $ 7,904
Net income per common share:    
Basic $ 0.99 $ 0.57
Diluted $ 0.97 $ 0.56
Average common shares outstanding:    
Basic 14,085,821 13,979,442
Diluted 14,374,957 14,174,875