v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Net earned premium $ 342,975 $ 308,411
Net investment income 27,040 23,458
Net investment gains (losses) (254) (754)
Other income (loss) (319) 0
Total revenues 369,442 331,115
Benefits, Losses and Expenses    
Losses and loss settlement expenses 208,125 189,696
Amortization of deferred policy acquisition costs 82,041 77,354
Other underwriting expenses 37,567 39,586
Interest expense 3,183 2,483
Other non-underwriting expenses 514 142
Total benefits, losses and expenses 331,430 309,261
Income (loss) before income taxes 38,012 21,854
Income tax expense (benefit) 7,960 4,154
Net Income (loss) $ 30,052 $ 17,700
Earnings (loss) per common share:    
Basic (in dollars per share) $ 1.18 $ 0.70
Diluted (in dollars per share) $ 1.15 $ 0.67
Weighted average common shares outstanding:    
Basic (in shares) 25,560,813 25,391,281
Diluted (in shares) 26,098,592 26,237,647