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Note 15 - Underwriting Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Disaggregation of Revenue [Table Text Block]

The Company has a single reportable segment and offers specialty insurance products. Gross written premiums (“GWP”) by product are presented below:

		Year Ended December 31,
		2025								2024								2023
		($ in thousands)
						% of								% of								% of
		Amount				GWP				Amount				GWP				Amount				GWP
Product
Earthquake		$	571,373				28.2	%		$	522,864				33.9	%		$	436,897				38.3	%
Casualty			542,949				26.8	%			235,592				15.3	%			90,388				7.9	%
Inland Marine and Other Property			446,184				22.0	%			334,079				21.7	%			250,022				21.9	%
Crop			247,547				12.2	%			116,239				7.5	%			12,110				1.1	%
Fronting			220,199				10.8	%			333,188				21.6	%			352,141				30.8	%
Total gross written premiums		$	2,028,252				100.0	%		$	1,541,962				100.0	%		$	1,141,558				100.0	%

Gross written premiums by state are as follows:

		Year Ended December 31,
		2025								2024								2023
		($ in thousands)
						% of								% of								% of
		Amount				GWP				Amount				GWP				Amount				GWP
State
California		$	626,399				30.9	%		$	668,635				43.4	%		$	600,791				52.6	%
Texas			160,639				7.9	%			124,416				8.1	%			95,517				8.4	%
Florida			96,764				4.8	%			67,008				4.3	%			47,595				4.2	%
Hawaii			92,585				4.6	%			72,558				4.7	%			47,388				4.2	%
Washington			70,188				3.4	%			57,900				3.8	%			49,494				4.3	%
New York			68,119				3.4	%			38,919				2.5	%			18,424				1.6	%
Illinois			54,406				2.7	%			20,901				1.4	%			22,340				2.0	%
Colorado			39,384				1.9	%			20,149				1.3	%			8,628				0.8	%
Other			819,768				40.4	%			471,476				30.5	%			251,381				21.9	%
Total gross written premiums		$	2,028,252				100.0	%		$	1,541,962				100.0	%		$	1,141,558				100.0	%

Gross written premiums by insurance subsidiary are as follows:

		Year Ended December 31,
		2025								2024								2023
		($ in thousands)
						% of								% of								% of
		Amount				GWP				Amount				GWP				Amount				GWP
Subsidiary
PSIC		$	995,901				49.1	%		$	823,263				53.4	%		$	653,809				57.3	%
PESIC			936,971				46.2	%			661,404				42.9	%			487,749				42.7	%
Laulima			76,727				3.8	%			57,295				3.7	%			—				—	%
FIA			18,653				0.9	%			—				—	%			—				—	%
Total gross written premiums		$	2,028,252				100.0	%		$	1,541,962				100.0	%		$	1,141,558				100.0	%

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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X

- References

No definition available.

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