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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 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 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 $ 199,185 $ 118,761 $ 155,299 $ 97,653  
Add: Balance acquired from FIA(1) [1] 0 0 6,788 0  
Current year 78,946 40,536 174,703 100,225  
Prior years (6,134) (221) (16,964) (2,642)  
Total incurred 72,812 40,315 157,739 97,583  
Current year 15,655 16,153 38,312 27,909  
Prior years 12,629 5,649 37,801 30,053  
Total payments 28,284 21,802 76,113 57,962  
Reserve for losses and LAE net of reinsurance recoverables at end of period 243,713 137,274 243,713 137,274  
Add: Reinsurance recoverables on unpaid losses and LAE at end of period 440,559 360,164 440,559 360,164 $ 348,083
Reserve for losses and LAE gross of reinsurance recoverables on unpaid losses and LAE at end of period $ 684,272 $ 497,438 $ 684,272 $ 497,438 $ 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.