v3.26.3
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Net earned premium $ 362,482 $ 328,431 $ 1,059,584 $ 951,644
Net investment income 29,295 25,992 85,263 71,123
Net investment gains (losses) 24 (405) (658) (2,161)
Other income (loss) (172) 0 608 0
Total revenues 391,629 354,018 1,144,797 1,020,606
Benefits, Losses and Expenses        
Losses and loss settlement expenses 216,364 188,180 636,763 571,608
Amortization of deferred policy acquisition costs 87,533 81,513 253,615 233,280
Other underwriting expenses 39,109 32,124 117,834 107,017
Interest expense 3,187 3,118 9,556 8,085
Other non-underwriting expenses 625 407 2,262 884
Total benefits, losses and expenses 346,818 305,342 1,020,030 920,874
Income (loss) before income taxes 44,811 48,676 124,767 99,732
Income tax expense (benefit) 9,726 9,486 26,265 19,895
Net Income (loss) $ 35,085 $ 39,190 $ 98,502 $ 79,837
Earnings (loss) per common share:        
Basic (in dollars per share) $ 1.36 $ 1.54 $ 3.84 $ 3.14
Diluted (in dollars per share) $ 1.34 $ 1.49 $ 3.78 $ 3.03
Weighted average common shares outstanding:        
Basic (in shares) 25,710,857 25,501,551 25,650,058 25,455,052
Diluted (in shares) 26,166,700 26,367,501 26,079,932 26,311,815