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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Gross written premiums $ 374,930 $ 354,062 $ 1,201,372 $ 1,129,993
Revenues:        
Net written premiums 277,001 251,939 903,356 799,141
Change in unearned premiums 7,009 2,143 (86,996) (66,599)
Net earned premiums 284,010 254,082 816,360 732,542
Net investment income 19,875 17,371 59,344 50,219
Total other-than-temporary impairment losses 23 (1,298) (248) (1,747)
Portion of loss recognized in other comprehensive income (before tax) (23) 23 98 49
Net other-than-temporary impairment losses recognized in earnings   (1,275) (150) (1,698)
Net realized gains (losses) 1,586 518 5,143 10,453
Other income (expenses) (183) (2,518) 6,796 (4,638)
Total revenues 305,288 268,178 887,493 786,878
Expenses:        
Net losses and loss adjustment expenses 172,793 146,546 492,955 418,717
Commission expenses 42,611 34,253 120,891 98,638
Other operating expenses 56,137 56,599 176,020 164,297
Interest expense 3,859 3,856 11,575 11,567
Total expenses 275,400 241,254 801,441 693,219
Income before income taxes 29,888 26,924 86,052 93,659
Income tax expense (benefit) 7,875 8,723 24,917 30,345
Net income $ 22,013 $ 18,201 $ 61,135 $ 63,314
Net income per common share:        
Basic $ 1.51 $ 1.26 $ 4.21 $ 4.40
Diluted $ 1.46 $ 1.23 $ 4.08 $ 4.29
Average common shares outstanding:        
Basic 14,557,376 14,411,927 14,528,917 14,384,291
Diluted 15,070,422 14,811,095 14,998,385 14,767,949