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CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Investments:    
Fixed maturities available-for sale, at fair value (amortized cost: $134.2 and $215.4 at March 31, 2021 and December 31, 2020, respectively) $ 136.3 $ 221.0
Short-term investments (amortized cost: $3.0 and $3.0 at March 31, 2021 and December 31, 2020, respectively) 3.0 3.0
Other investments 0.5 0.5
Total investments 139.8 224.5
Cash and cash equivalents 1,106.3 1,112.8
Restricted cash 1.0 1.0
Premiums receivable, net of allowance of $2.0 and $3.5 at March 31, 2021 and December 31, 2020, respectively 161.0 130.1
Reinsurance recoverable 130.0 124.8
Prepaid reinsurance premiums 101.3 112.8
Other assets 64.8 56.3
Total assets 1,704.2 1,762.3
Liabilities:    
Loss and loss adjustment expense reserves 240.7 237.2
Unearned premiums 199.4 157.1
Long-term debt 192.2 188.2
Reinsurance premiums payable 65.7 89.1
Accounts payable and accrued expenses 50.5 48.0
Other liabilities 21.4 10.3
Total liabilities 769.9 729.9
Commitments and Contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 100.0 shares authorized, zero shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 0.0 0.0
Treasury stock, at cost (0.8) (0.8)
Additional paid-in capital 1,780.6 1,775.6
Accumulated other comprehensive income 2.1 5.6
Accumulated loss (847.6) (748.0)
Total stockholders’ equity 934.3 1,032.4
Total liabilities and stockholders’ equity 1,704.2 1,762.3
Class A Common Stock    
Stockholders’ equity:    
Common stock 0.0 0.0
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 0.0 $ 0.0