| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
REVENUES | |||||||||
Premiums Earned, Net, Property and Casualty | |||||||||
645,183 | 607,158 | 592,408 | 570,266 | 540,722 | 515,506 | 458,846 | 416,402 | 389,122 | 384,010 |
Net Investment Income | |||||||||
47,637 | 45,479 | 47,490 | 45,582 | 46,465 | 43,022 | 44,145 | 46,110 | 49,489 | 47,759 |
Net realized investment gains, excluding impairment losses on securities available-for-sale | |||||||||
- | - | - | 7,634 | 5,227 | 9,060 | 8,203 | 15,263 | 6,253 | 28,030 |
Total other-than-temporary impairment losses on securities available-for-sale | |||||||||
- | - | - | 1,481 | 878 | 63 | 186 | 5,874 | 2,263 | -10,269 |
Portion of other-than-temporary impairment losses on fixed maturity securities available-for-sale reclassified from other comprehensive income (before taxes) | |||||||||
- | - | - | 0 | 0 | 0 | 0 | -86 | 120 | 161 |
Net impairment losses on securities available-for-sale | |||||||||
- | - | - | 1,481 | 878 | 63 | 186 | 5,960 | 2,384 | 10,108 |
Gain (Loss) on Investments | |||||||||
-41,252 | 6,556 | 4,074 | 6,153 | 4,349 | 8,997 | 8,017 | 9,303 | 3,868 | 17,922 |
Other Income | |||||||||
9,159 | 4,764 | 5,820 | 1,725 | 2,931 | 460 | 834 | 828 | 783 | 755 |
Total revenues | |||||||||
660,727 | 663,957 | 649,792 | 623,726 | 594,467 | 567,985 | 511,842 | 472,644 | 443,263 | 450,447 |
LOSSES AND EXPENSES | |||||||||
Losses and settlement expenses (affiliated $102,691 and $110,570) | |||||||||
457,159 | 421,969 | 386,897 | 370,736 | 385,474 | 333,287 | 303,388 | 342,974 | 254,640 | 248,749 |
Dividends to policyholders (all affiliated) | |||||||||
9,209 | 7,610 | 13,800 | 7,705 | 9,504 | 10,864 | 8,630 | 5,255 | 8,013 | 9,090 |
Amortization of deferred policy acquisition costs (affiliated $29,892 and $26,917) | |||||||||
115,803 | 108,910 | 108,403 | 102,184 | 99,042 | 94,728 | 84,275 | 77,318 | 72,645 | 87,992 |
Other underwriting expenses (affiliated $22,715 and $22,920) | |||||||||
88,824 | 81,918 | 74,421 | 68,418 | 56,826 | 65,754 | 60,919 | 54,515 | 62,873 | 39,016 |
Interest Expense To Affiliates | |||||||||
654 | 337 | 337 | 337 | 337 | 384 | 900 | 900 | 900 | 900 |
Other Cost and Expense, Operating | |||||||||
3,754 | 3,397 | 2,727 | 2,690 | 2,377 | 2,115 | 2,097 | 2,672 | 1,741 | 2,172 |
Total losses and expenses | |||||||||
675,403 | 624,141 | 586,585 | 552,070 | 553,560 | 507,132 | 460,209 | 483,636 | 400,814 | 387,922 |
Income (loss) before income tax expense (benefit) | |||||||||
-14,676 | 39,816 | 63,207 | 71,656 | 40,907 | 60,853 | 51,633 | -10,991 | 42,448 | 62,524 |
INCOME TAX EXPENSE (BENEFIT) | |||||||||
Current | |||||||||
-1,225 | 8,004 | 18,061 | 18,611 | 7,280 | 16,927 | 11,594 | -9,818 | 7,291 | 15,716 |
Deferred | |||||||||
-5,983 | -7,426 | -1,057 | 2,883 | 3,635 | 407 | 2,073 | 1,564 | 3,809 | 1,438 |
Total income tax expense (benefit) | |||||||||
-7,208 | 578 | 17,004 | 21,494 | 10,915 | 17,334 | 13,667 | -8,254 | 11,100 | 17,154 |
Net income (loss) | |||||||||
-7,468 | 39,238 | 46,203 | 50,162 | 29,992 | 43,519 | 37,966 | -2,737 | 31,348 | 45,370 |
Net income (loss) per common share - basic and diluted | |||||||||
-0.35 | 1.84 | 2.20 | 2.43 | 1.48 | 2.22 | 2.95 | -0.21 | 2.40 | 3.44 |
Average number of common shares outstanding - basic and diluted (in shares) | |||||||||
21,549 | 21,326 | 21,006 | 20,621 | 20,205 | 19,629 | 12,886 | 12,912 | 13,038 | 13,207 |