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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES:    
Net income $ 69,863 $ 19,137
Adjustments to reconcile net income to net cash from operating activities:    
Loss related to warrant liabilities, net 8,544 1,419
Depreciation and amortization 29,758 34,893
Provision for deferred taxes 2,772 4,973
Impairment of operating lease right-of-use assets 0 1,147
Loss on disposals of equipment, software and other assets 401 2,019
Gains, losses, and impairments related to divestitures (87) 2,827
Share-based compensation expense 13,018 13,157
Non-cash lease expense 5,920 9,472
Other (354) 708
Changes in operating assets and liabilities:    
Accounts, premiums and commissions receivable (28,062) (107,001)
Deferred acquisition costs, net (26,998) (47,936)
Losses payable and provision for unpaid losses and loss adjustment expenses 60,328 23,527
Commissions payable (14,734) 34,582
Due to insurers 38,586 45,322
Advanced premiums 10,166 11,800
Unearned premiums 68,344 100,439
Operating lease liabilities (6,781) (9,018)
Other assets and liabilities, net (41,042) (9,246)
Net Cash Provided by Operating Activities 189,642 132,221
INVESTING ACTIVITIES:    
Capital expenditures (17,278) (21,556)
Acquisitions, net of cash acquired, and other investments (23,865) (8,690)
Issuance of notes receivable (55,030) (11,405)
Collection of notes receivable 32,099 10,252
Purchases of fixed maturity securities (565,838) (7,277)
Proceeds from sales of fixed maturity securities 53,253 0
Proceeds from maturities of fixed maturity securities 23,766 4,128
Purchases of equity securities (10,602) 0
Other investing activities 1,005 86
Net Cash Used in Investing Activities (562,490) (34,462)
FINANCING ACTIVITIES:    
Payments on long-term debt (63,202) (132,850)
Proceeds from long-term debt, net of issuance costs 52,718 100,345
Proceeds from issuance of Series A Convertible Preferred Stock, net of issuance costs 0 79,159
Contribution from non-controlling interest 0 779
Distributions paid to non-controlling interest unit holders (5,320) 0
Payment of Series A Convertible Preferred Stock dividends (5,600) 0
Funding of employee tax obligations upon vesting of share-based payments (5,713) 0
Proceeds from issuance of Class A Common Stock under employee stock purchase plan 0 906
Net Cash Provided by (Used in) Financing Activities (27,117) 48,339
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents (882) 286
Change in cash and cash equivalents and restricted cash and cash equivalents (400,847) 146,384
Beginning cash and cash equivalents and restricted cash and cash equivalents 724,276 539,191
Ending cash and cash equivalents and restricted cash and cash equivalents $ 323,429 $ 685,575