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Concentration of Operations | 12 Months Ended
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Dec. 31, 2020
Concentration Of Operations [Abstract] |
Concentration of Operations |
17. | Concentration of Operations
The Company derives its premium revenues from its operations in the workers’ compensation insurance line of business. Net premiums earned during 2020, 2019 and 2018 for the top ten states in 2020 and all others are shown below:
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | Dollars |  |  | Percent |  |  | Dollars |  |  | Percent |  |  | Dollars |  |  | Percent |
|  | (Dollars in thousands) |
Georgia |  | $ | 37,926 |  |  |  | 12.5 | % |  | $ | 38,090 |  |  |  | 11.4 | % |  | $ | 40,351 |  |  |  | 11.5 | %
Florida |  |  | 34,617 |  |  |  | 11.4 | % |  |  | 39,936 |  |  |  | 12.0 | % |  |  | 39,672 |  |  |  | 11.3 | %
Pennsylvania |  |  | 24,340 |  |  |  | 8.0 | % |  |  | 27,519 |  |  |  | 8.3 | % |  |  | 31,708 |  |  |  | 9.1 | %
Louisiana |  |  | 22,668 |  |  |  | 7.4 | % |  |  | 24,782 |  |  |  | 7.4 | % |  |  | 25,810 |  |  |  | 7.4 | %
North Carolina |  |  | 17,338 |  |  |  | 5.7 | % |  |  | 18,800 |  |  |  | 5.7 | % |  |  | 19,537 |  |  |  | 5.6 | %
Illinois |  |  | 14,802 |  |  |  | 4.9 | % |  |  | 16,929 |  |  |  | 5.1 | % |  |  | 19,710 |  |  |  | 5.6 | %
Virginia |  |  | 14,041 |  |  |  | 4.6 | % |  |  | 15,249 |  |  |  | 4.6 | % |  |  | 15,228 |  |  |  | 4.3 | %
Wisconsin |  |  | 12,263 |  |  |  | 4.0 | % |  |  | 13,388 |  |  |  | 4.0 | % |  |  | 14,101 |  |  |  | 4.0 | %
South Carolina |  |  | 11,270 |  |  |  | 3.7 | % |  |  | 13,020 |  |  |  | 3.9 | % |  |  | 13,924 |  |  |  | 4.0 | %
Minnesota |  |  | 11,057 |  |  |  | 3.6 | % |  |  | 13,399 |  |  |  | 4.0 | % |  |  | 12,900 |  |  |  | 3.7 | %
All others |  |  | 104,105 |  |  |  | 34.2 | % |  |  | 111,776 |  |  |  | 33.6 | % |  |  | 117,385 |  |  |  | 33.5 | %
Total net premiums earned |  | $ | 304,427 |  |  |  | 100.0 | % |  | $ | 332,888 |  |  |  | 100.0 | % |  | $ | 350,326 |  |  |  | 100.0 | %

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