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INSURANCE OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Insurance [Abstract]  
Schedule of Beginning and Ending Balances and Changes in DPAC, Net of DRCC
The following table presents the beginning and ending balances and the changes in DPAC for the periods presented (in thousands):
Years Ended December 31,
202420232022
DPAC, beginning of year$109,985 $103,654 $108,822 
Capitalized Costs239,525 217,286 212,067 
Amortization of DPAC(228,332)(210,955)(217,235)
DPAC, end of year$121,178 $109,985 $103,654 
Schedule of Statutory Capital and Surplus, and an Amount Representing Ten Percent of Total Liabilities for both UPCIC and APPCIC The following table presents the amount of capital and surplus calculated in accordance with statutory accounting principles, which differs from GAAP, and an amount representing ten percent of total liabilities for each of the Insurance Entities as of the dates presented (in thousands):
As of December 31,
2024*2023
Statutory capital and surplus
UPCIC $385,530 $350,933 
APPCIC$27,985 $25,526 
Ten percent of total liabilities
UPCIC$161,438 $151,367 
APPCIC$3,179 $2,398 
 * Unaudited
The following table summarizes combined net income (loss) for the Insurance Entities determined in accordance with statutory accounting practices for the periods presented (in thousands):
Years Ended December 31,
2024*20232022
Combined net income (loss)$15,398 $(97,144)$(141,777)
 * Unaudited
The following table represents assets held by insurance regulators as of the dates presented (in thousands):
As of December 31,
20242023
Restricted cash and cash equivalents
Florida
$1,800 $1,800 
Georgia
35 35 
North Carolina
800 800 
Total
$2,635 $2,635 
Investments
Hawaii
$2,853 $2,762 
Massachusetts
127 121 
South Carolina
137 131 
Virginia
328 315 
Total
$3,445 $3,329