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Note 4 - Reserve for Losses and Loss Adjustment Expenses - Reconciliation of Changes in Reserve Balance for Losses and Loss Adjustment Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]          
Reserve for losses and LAE net of reinsurance recoverables at beginning of period $ 182,661 $ 110,163 $ 155,299 $ 97,653  
Add: Balance acquired from FIA(1) [1] 0 0 6,788 0  
Current year 52,698 33,355 95,757 59,688  
Prior years (6,515) (2,924) (10,830) (2,420)  
Total incurred 46,183 30,431 84,927 57,268  
Current year 17,659 6,861 22,657 11,756  
Prior years 12,000 14,972 25,172 24,404  
Total payments 29,659 21,833 47,829 36,160  
Reserve for losses and LAE net of reinsurance recoverables at end of period 199,185 118,761 199,185 118,761  
Add: Reinsurance recoverables on unpaid losses and LAE at end of period 399,471 347,840 399,471 347,840 $ 348,083
Reserve for losses and LAE gross of reinsurance recoverables on unpaid losses and LAE at end of period $ 598,656 $ 466,601 $ 598,656 $ 466,601 $ 503,382
[1] Represents amounts recognized in Reserve for losses and LAE net of reinsurance recoverables upon acquisition of FIA on 1/1/2025, in accordance with ASC 805, Business Combinations. See Note 12 for additional information regarding the acquisition.