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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (56,999) $ (61,942)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 9,045 7,875
Bond amortization and accretion 6,831 4,686
Net realized gains (losses) (5,916) (24,959)
Unrealized Gain (Loss) on Investments (1,709) 17,456
Provision for uncollectable premiums/over and short 115 (132)
Reinsurance Recoverable Change in Credit Loss Allowance 382 368
Financing Receivable, Change in Credit Loss Allowance (20) 51
Deferred income taxes, net (20,535) (1,172)
Stock based compensation 738 988
Proceeds from contractual commitment (5,007) 0
Gain (Loss) on Disposition of Assets 18 0
Changes in operating assets and liabilities:    
Accrued investment income 697 210
Premiums receivable 24,025 (12,113)
Reinsurance recoverable on paid and unpaid losses (530,193) (230,050)
Ceded unearned premiums (88,894) (132,770)
Deferred policy acquisition costs, net (3,265) (14,517)
Other assets 4,389 (30,065)
Unpaid losses and loss adjustment expenses 419,511 321,769
Unearned premiums (6,002) 97,904
Reinsurance payable 94,477 181,580
Payments outstanding 57,848 10,950
Accounts Payable (18,610) 11,065
Change in Operating Lease Liability (273) 1,918
Other liabilities 10,527 16,330
Net cash provided by operating activities (109,544) 164,592
INVESTING ACTIVITIES    
Proceeds from sales and maturities of fixed maturities 209,021 147,551
Proceeds from Sale of Available-for-sale Securities, Equity 11,121 114,575
Proceeds from Sale and Maturity of Other Investments 64,097 2,928
Payments to Acquire Fixed Maturities, Available-for-sale (177,301) (265,685)
Purchases of Equity securities (22,575) (26,497)
Payments to Acquire Other Investments (42,521) (32,465)
Cost of property, equipment and capitalized software acquired (3,818) (9,463)
Net cash provided by (used in) investing activities 38,024 (66,142)
FINANCING ACTIVITIES    
Repayments of borrowings (1,143) (1,143)
Payments of Dividends (7,762) (7,730)
Net Cash Provided by (Used in) Financing Activities (8,921) (8,959)
Cash, Cash Equivalents, Restricted Cash at beginning of period 301,498 287,057
Cash, Cash Equivalents, Restricted Cash at end of period 221,057 376,548
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (80,441) 89,491
Supplemental Cash Flows Information    
Interest Paid 4,809 4,828
Income taxes refunded $ 5,119 $ 1,015