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Subsequent Events | 12 Months Ended
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Dec. 31, 2021
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS We evaluate all subsequent events and transactions for potential recognition or disclosure in our financial statements. The Company announced that its Board of Directors declared a $0.06 per share quarterly cash dividend that will be paid on March 16, 2022 to stockholders of record as of March 9, 2022. On January 15, 2022, the Company transitioned policies written in the state of New Jersey to HCPCI in connection with the Northeast Renewal Agreement. On February 23, 2022, the Company sold the headquarter building located at 770 2nd Avenue South, Saint Petersburg, FL 33701. The sale price of the building totaled $4,300,000. On February 25, 2022, the Company made capital contributions of $8,000,000 each to our insurance subsidiaries UPC and FSIC. On February 28, 2022, the Company received a notice of assessment from FIGA, assessing property and casualty insurers 1.3% on direct written premium of all covered lines of business in Florida, to cover the cost of an insurance company facing insolvency. This assessment is in addition to FIGA’s 0.70% assessment and is recoupable from the policyholders.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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