CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Premiums written:
Direct	$ 274,724	$ 273,897
Assumed	2,859	1,107
Ceded	(31,576)	(30,723)
Net premiums written	246,007	244,281
Decrease in unearned premiums, net	14,894	5,480
Net premiums earned	260,901	249,761
Investment income, net of expenses	41,347	40,585
Net realized investment gains (losses)	1,891	(526)
Other revenue	2,754	1,830
Total revenues	306,893	291,650
Losses and expenses:
Losses incurred, net	60,956	39,063
Amortization of deferred policy acquisition costs	2,510	2,478
Other underwriting and operating expenses, net	42,262	45,940
Interest expense	12,926	13,233
Total losses and expenses	118,654	100,714
Income before tax	188,239	190,936
Provision for income taxes	38,434	38,995
Net income	$ 149,805	$ 151,941
Earnings per share:
Basic (in dollars per share)	$ 0.44	$ 0.43
Diluted (in dollars per share)	$ 0.42	$ 0.42
Weighted average common shares outstanding - basic (in shares)	344,053	355,653
Weighted average common shares outstanding - diluted (in shares)	365,216	376,667