v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Operating Activities        
Net cash provided by operating activities $ 498,870 $ 489,293    
Investing Activities        
Purchase of property and equipment (29,152) (7,329)    
Purchase of real estate investment 0 (312)    
Change in short-term investments, net (30,000) (1,233)    
Purchases – fixed-maturity securities (939,534) (759,799)    
Purchases - equity securities (94,894) (84,229)    
Sales – fixed-maturity securities 282,740 189,284    
Sales – equity securities 11,585 30,880    
Maturities and calls – fixed-maturity securities 359,007 200,573    
Net cash used in investing activities (440,248) (432,165)    
Financing Activities        
Payroll taxes withheld and remitted on share-based payments (6,282) (6,965)    
Proceeds from stock options exercised 479 1,152    
Dividends paid (7,932) (6,988)    
Payments for Repurchase of Common Stock (19,999) 0    
Net cash used in financing activities (33,734) (12,801)    
Net change in cash and cash equivalents 24,888 44,327    
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation 138,101 $ 171,021 $ 113,213 $ 126,694
Cash and cash equivalents at beginning of year 113,213      
Cash and cash equivalents at end of period $ 138,101