Statements of Cash Flow

12 Months Ended

Dec. 31, 2022

Supplemental Cash Flow Information [Abstract]

Statements of Cash Flows

Supplemental cash flow information for the years ended December 31, 2022, 2021, and 2020 was as follows:


($ in thousands)	2022		2021	2020
Cash paid during the period for:
Interest	$	26,639	28,930	30,464
Federal income tax	75,000		100,000	47,000

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	8,148		7,935	9,498
Operating cash flows from financing leases	46		35	15
Financing cash flows from finance leases	2,438		1,768	550

Non-cash items:
Corporate actions related to fixed income securities, AFS1	38,106		56,365	55,446
Corporate actions related to fixed income securities, held-to-maturity ("HTM")1	—		—	2,589
Corporate actions related to equity securities1	—		30,666	10,890
Conversion of AFS fixed income securities to equity securities	1,463		15,139	—
Assets acquired under finance lease arrangements	707		6,709	324
Assets acquired under operating lease arrangements	16,649		3,272	22,390
Non-cash purchase of property and equipment	70		472	590

1Examples of corporate actions include like-kind exchanges, non-cash acquisitions, and stock-splits.

The following table provides a reconciliation of cash and restricted cash reported within the Consolidated Balance Sheets that equate to the amount reported in the Consolidated Statements of Cash Flows:


($ in thousands)	December 31, 2022		December 31, 2021
Cash	$	26	455
Restricted cash	25,183		44,608
Total cash and restricted cash shown in the Statements of Cash Flows	$	25,209	45,063

Amounts in restricted cash represent cash received from the National Flood Insurance Program ("NFIP") that can only be used to pay flood claims under the Write Your Own program. Restricted cash was elevated at December 31, 2021, primarily to pay Hurricane Ida flood claims.