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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUE:      
Gross premiums written $ 1,329,445 $ 1,456,863 $ 1,380,268
Change in gross unearned premiums 78,998 (49,883) (46,742)
Gross premiums earned 1,408,443 1,406,980 1,333,526
Ceded Premiums Earned (818,682) (641,317) (581,126)
Net premiums earned 589,761 765,663 752,400
Investment Income, Net 13,772 24,125 30,145
Net realized gains (losses) 3,567 66,691 1,228
Unrealized Gain (Loss) on Investments 3,237 (27,562) 24,761
Equity Securities, FV-NI, Unrealized Gain (Loss)   (27,562) 24,761
Other revenue 24,190 17,739 16,582
Total revenue 634,527 846,656 825,116
EXPENSES:      
Losses and loss adjustment expenses 422,134 608,316 499,493
Policy Acquisition Costs 173,574 236,002 238,268
Operating Costs and Expenses 56,257 52,876 44,310
General and Administrative Expense 57,212 72,057 65,989
Interest Expense 9,391 9,582 9,781
Total expenses 718,568 978,833 857,841
Income before other income (84,041) (132,177) (32,725)
Other Income 184 74 119
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (83,857) (132,103) (32,606)
Provision (benefit) for income taxes (23,989) (36,605) (3,121)
Net Income (Loss) Attributable to Parent (57,919) (96,454) (29,872)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (59,868) (95,498) (29,485)
OTHER COMPREHENSIVE INCOME:      
Change in net unrealized gain (loss) on investments (18,267) 64,726 28,366
Reclassification adjustment for net realized investment gains (3,567) (66,691) (1,228)
Income tax benefit (expense) related to items of other comprehensive income 5,264 502 (6,588)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (76,438) (96,961) (8,935)
Total comprehensive income $ (74,143) $ (98,080) $ (9,523)
Weighted average shares outstanding      
Basic 42,948,850 42,864,166 42,763,423
Diluted 42,948,850 42,864,166 42,763,423
Earnings per share      
Earnings Per Share, Basic $ (1.35) $ (2.25) $ (0.70)
Earnings Per Share, Diluted $ (1.35) $ (2.25) $ (0.70)
Net Income (Loss) Attributable to Noncontrolling Interest $ (1,949) $ 956 $ 387
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest $ (2,295) $ 1,119 $ 588