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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (41,881) $ 11,926
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 6,255 4,746
Bond amortization and accretion 4,555 3,016
Net realized gains (losses) (379) 9
Unrealized Gain (Loss) on Investments (5,002) 5,904
Provision for uncollectable premiums/over and short 77 213
Reinsurance Recoverable Change in Credit Loss Allowance 110 0
Financing Receivable, Change in Credit Loss Allowance 546 0
Deferred income taxes, net (17,112) 7,147
Stock based compensation 402 781
Proceeds from contractual commitment (5,007) 0
Gain (Loss) on Disposition of Assets 15 0
Changes in operating assets and liabilities:    
Accrued investment income 352 86
Premiums receivable (9,403) (26,798)
Reinsurance recoverable on paid and unpaid losses (106,161) 63,075
Ceded unearned premiums (208,386) (228,804)
Deferred policy acquisition costs, net (12,444) (15,610)
Other assets 8,719 (11,504)
Unpaid losses and loss adjustment expenses 46,409 (76,886)
Unearned premiums 24,966 86,076
Reinsurance payable 296,581 294,676
Payments outstanding (5,703) (12,003)
Accounts Payable (20,525) 9,469
Change in Operating Lease Liability (152) 2,045
Other liabilities 16,219 21,756
Net cash provided by operating activities (28,261) 139,320
INVESTING ACTIVITIES    
Proceeds from sales and maturities of fixed maturities 142,823 99,195
Proceeds from Sale of Available-for-sale Securities, Equity 542 7,341
Proceeds from Sale and Maturity of Other Investments 23,455 1,262
Payments to Acquire Fixed Maturities, Available-for-sale (61,921) (208,091)
Purchases of Equity securities (14,987) (26,463)
Payments to Acquire Other Investments (35,263) (4,524)
Cost of property, equipment and capitalized software acquired (2,471) (7,616)
Net cash provided by (used in) investing activities 52,178 (138,896)
FINANCING ACTIVITIES    
Repayments of borrowings (1,056) (762)
Payments of Dividends (5,186) (5,149)
Net Cash Provided by (Used in) Financing Activities (6,242) (5,911)
Cash, Cash Equivalents, Restricted Cash at beginning of period 301,498 287,057
Cash, Cash Equivalents, Restricted Cash at end of period 319,173 281,570
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 17,675 (5,487)
Supplemental Cash Flows Information    
Interest Paid 4,773 4,793
Income taxes refunded $ 5,315 $ 878