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Concentration of Operations | 12 Months Ended
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Dec. 31, 2023
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 2023, 2022 and 2021 for the top ten states in 2023 and all others are shown below:
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Dollars |  |  | Percent |  |  | Dollars |  |  | Percent |  |  | Dollars |  |  | Percent |
|  | (Dollars in thousands) |
Florida |  | $ | 33,838 |  |  |  | 12.7 | % |  | $ | 31,955 |  |  |  | 11.8 | % |  | $ | 31,514 |  |  |  | 11.4 | %
Georgia |  |  | 30,504 |  |  |  | 11.4 | % |  |  | 30,831 |  |  |  | 11.3 | % |  |  | 34,772 |  |  |  | 12.6 | %
Louisiana |  |  | 21,150 |  |  |  | 7.9 | % |  |  | 21,804 |  |  |  | 8.0 | % |  |  | 20,476 |  |  |  | 7.4 | %
Pennsylvania |  |  | 19,963 |  |  |  | 7.5 | % |  |  | 21,017 |  |  |  | 7.7 | % |  |  | 19,574 |  |  |  | 7.1 | %
North Carolina |  |  | 16,432 |  |  |  | 6.2 | % |  |  | 17,883 |  |  |  | 6.6 | % |  |  | 15,964 |  |  |  | 5.8 | %
Illinois |  |  | 13,072 |  |  |  | 4.9 | % |  |  | 12,209 |  |  |  | 4.5 | % |  |  | 13,680 |  |  |  | 5.0 | %
Wisconsin |  |  | 11,724 |  |  |  | 4.4 | % |  |  | 12,007 |  |  |  | 4.4 | % |  |  | 13,108 |  |  |  | 4.7 | %
Virginia |  |  | 10,400 |  |  |  | 3.8 | % |  |  | 11,537 |  |  |  | 4.3 | % |  |  | 12,579 |  |  |  | 4.6 | %
South Carolina |  |  | 9,050 |  |  |  | 3.4 | % |  |  | 9,808 |  |  |  | 3.6 | % |  |  | 9,186 |  |  |  | 3.3 | %
Minnesota |  |  | 8,845 |  |  |  | 3.3 | % |  |  | 9,827 |  |  |  | 3.6 | % |  |  | 10,612 |  |  |  | 3.8 | %
All others |  |  | 92,147 |  |  |  | 34.5 | % |  |  | 92,820 |  |  |  | 34.2 | % |  |  | 94,528 |  |  |  | 34.3 | %
Total net premiums earned |  | $ | 267,125 |  |  |  | 100.0 | % |  | $ | 271,698 |  |  |  | 100.0 | % |  | $ | 275,993 |  |  |  | 100.0 | %

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