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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Gross written premiums $ 496,288 $ 385,184 $ 938,452 $ 753,262
Ceded written premiums (266,506) (209,181) (497,251) (437,352)
Net written premiums 229,782 176,003 441,201 315,910
Change in unearned premiums (49,824) (53,718) (97,172) (85,759)
Net earned premiums 179,958 122,285 344,029 230,151
Net investment income 13,370 7,960 25,441 15,098
Net realized and unrealized gains on investments 8,306 32 5,968 3,034
Commission and other income 1,677 792 2,507 1,320
Total revenues 203,311 131,069 377,945 249,603
Expenses:        
Losses and loss adjustment expenses 46,183 30,431 84,927 57,268
Acquisition expenses, net of ceding commissions and fronting fees 51,637 35,806 97,996 67,604
Other underwriting expenses 45,525 31,233 81,258 56,036
Interest expense 86 225 171 965
Total expenses 143,431 97,695 264,352 181,873
Income before income taxes 59,880 33,374 113,593 67,730
Income tax expense 13,352 7,645 24,143 15,619
Net income 46,528 25,729 89,450 52,111
Other comprehensive income, net:        
Net unrealized gains (losses) on securities available for sale 3,009 (1,550) 13,213 (4,064)
Net comprehensive income $ 49,537 $ 24,179 $ 102,663 $ 48,047
Per Share Data:        
Basic earnings per share (in dollars per share) $ 1.74 $ 1.03 $ 3.35 $ 2.09
Diluted earnings per share (in dollars per share) $ 1.68 $ 1 $ 3.24 $ 2.04
Weighted-average common shares outstanding:        
Basic (in shares) 26,756,095 24,946,987 26,707,371 24,904,677
Diluted (in shares) 27,628,733 25,617,916 27,568,913 25,554,445