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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 9,534 $ 9,533 $ 9,730
Proceeds from Income Tax Refunds (19,895)    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (59,868) (95,498) (29,485)
Net Income (Loss) Attributable to Parent (57,919) (96,454) (29,872)
Property, Plant and Equipment, Transfers and Changes 21 2,949 0
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) (108) 140 (553)
Reinsurance Recoverable, Allowance for Credit Loss, Period Increase (Decrease) 177 386 0
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease) (20) 20 0
Net Cash Provided by (Used in) Operating Activities (295,391) (10,471) 149,015
Net Cash Provided by (Used in) Investing Activities 251,377 36,566 (33,979)
Net Cash Provided by (Used in) Financing Activities (12,206) (11,654) (12,099)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (56,220) 14,441 102,937
Cash, Cash Equivalents, and Restricted Cash 245,278 301,498 287,057
Depreciation and amortization 11,768 11,046 11,997
Accretion (Amortization) of Discounts and Premiums, Investments (8,814) (6,422) (5,323)
Debt and Equity Securities, Gain (Loss) 3,567 66,691 1,228
Unrealized Gain (Loss) on Investments 3,237 (27,562) 24,761
Increase (Decrease) in Deferred Income Taxes 22,816 9,894 4,280
Share-based Payment Arrangement, Noncash Expense 1,185 1,382 3,007
Payment receivable in connection with HCI renewal rights agreement (3,800) 0 0
HCI Stock Issued in Connection with Renewal Rights Agreement (5,007) 0 0
Increase (Decrease) in Accrued Investment Income Receivable (1,384) (1,221) (116)
Increase (Decrease) in Premiums Receivable (8,065) 496 (8,695)
Increase (Decrease) in Reinsurance Recoverable 175,787 270,890 (75,862)
Increase (Decrease) in Prepaid Reinsurance Premiums 46,043 114,554 52,149
Increase (Decrease) in Deferred Policy Acquisition Costs 35,894 30,158 1,010
Increase (Decrease) in Other Operating Assets (20,898) 31,917 6,817
Unpaid losses and loss adjustment expenses (5,516) 329,609 99,154
Unearned premiums (78,998) 49,883 46,742
Reinsurance payable 6,989 75,505 (9,141)
Payments outstanding 36,612 20,357 1,021
Accounts payable (14,915) 12,581 7,544
Change in Operating Lease Liability (377) 1,987 324
Increase (Decrease) in Other Operating Liabilities (7,041) 9,353 15,528
Proceeds from sales and maturities of investments available for sale 442,406 695,288 255,197
Proceeds from Sale of Equity Securities, FV-NI 12,691 144,990 2,201
Proceeds from Sale and Maturity of Other Investments 72,462 4,586 7,104
Payments to Acquire Debt Securities, Available-for-sale 198,553 726,862 254,357
Purchases of Equity Investments 30,222 26,540 15,373
Payments to Acquire Other Investments 42,136 44,048 6,855
Payments to Acquire Property, Plant, and Equipment 5,271 10,848 21,896
Payment, Tax Withholding, Share-based Payment Arrangement 39 112 296
Repayments of Long-term Debt 1,817 1,229 1,523
Payments of Dividends 10,350 10,313 10,280
Income taxes paid   1,265 517
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Reinsurance Recoverable, Allowance for Credit Loss, Period Increase (Decrease) (177) (386) 0
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease) 20 (20) 0
Depreciation and amortization 11,768 11,046 11,997
Accretion (Amortization) of Discounts and Premiums, Investments 8,814 6,422 5,323
Net realized gains (losses) (3,567) (66,691) (1,228)
Unrealized Gain (Loss) on Investments (3,237) 27,562 (24,761)
Deferred income taxes, net (22,816) (9,894) (4,280)
Share-based Payment Arrangement, Noncash Expense 1,185 1,382 3,007
Changes in operating assets and liabilities:      
Accrued investment income 1,384 1,221 116
Premiums receivable 8,065 (496) 8,695
Reinsurance recoverable on paid and unpaid losses (175,787) (270,890) 75,862
Prepaid reinsurance premiums (46,043) (114,554) (52,149)
Deferred policy acquisition costs, net (35,894) (30,158) (1,010)
Other assets 20,898 (31,917) (6,817)
Unpaid losses and loss adjustment expenses (5,516) 329,609 99,154
Unearned premiums (78,998) 49,883 46,742
Reinsurance payable 6,989 75,505 (9,141)
Payments outstanding 36,612 20,357 1,021
Accounts payable (14,915) 12,581 7,544
Change in Operating Lease Liability (377) 1,987 324
Other Liabilities (7,041) 9,353 15,528
Net Cash Provided by (Used in) Operating Activities (295,391) (10,471) 149,015
INVESTING ACTIVITIES      
Proceeds from sales and maturities of investments available for sale 442,406 695,288 255,197
Proceeds from Sale and Maturity of Other Investments 72,462 4,586 7,104
Purchases of Equity Investments (30,222) (26,540) (15,373)
Payments to Acquire Other Investments (42,136) (44,048) (6,855)
Payments to Acquire Debt Securities, Available-for-sale (198,553) (726,862) (254,357)
Payments to Acquire Property, Plant, and Equipment (5,271) (10,848) (21,896)
Net Cash Provided by (Used in) Investing Activities 251,377 36,566 (33,979)
FINANCING ACTIVITIES      
Payment, Tax Withholding, Share-based Payment Arrangement (39) (112) (296)
Repayments of borrowings (1,817) (1,229) (1,523)
Payments of Dividends (10,350) (10,313) (10,280)
Net Cash Provided by (Used in) Financing Activities (12,206) (11,654) (12,099)
Cash, Cash Equivalents, and Restricted Cash at beginning of period 301,498 287,057 184,120
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (56,220) 14,441 102,937
Cash, Cash Equivalents, and Restricted Cash at end of period 245,278 301,498 287,057
Supplemental Cash Flows Information      
Income taxes paid   1,265 517
Parent Company      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (59,868) (95,498) (29,485)
Net Income (Loss) Attributable to Parent (57,919) (96,454) (29,872)
Net Cash Provided by (Used in) Operating Activities 4,557 6,159 21,001
Net Cash Provided by (Used in) Investing Activities (42,328) 16,513 9,720
Net Cash Provided by (Used in) Financing Activities 24,264 (8,004) (32,128)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (13,507) 14,668 (1,407)
Depreciation and amortization 1,222 2,054 1,131
Accretion (Amortization) of Discounts and Premiums, Investments (2) (42) (66)
Debt and Equity Securities, Gain (Loss) 0 4,971 63
Unrealized Gain (Loss) on Investments (1) (2,812) 4,036
Increase (Decrease) in Deferred Income Taxes (314) (644) 511
Share-based Payment Arrangement, Noncash Expense 1,185 1,382 3,007
Increase (Decrease) in Accrued Investment Income Receivable 0 (70) (113)
Increase (Decrease) in Other Operating Assets (2,516) 3,682 (9,976)
Accounts payable (960) 931 (22)
Change in Operating Lease Liability (14) (18) 64
Increase (Decrease) in Other Operating Liabilities (1,972) 966 313
Proceeds from sales and maturities of investments available for sale 1,112 32,518 35,036
Payments to Acquire Property, Plant, and Equipment 0 688 4,749
Payment, Tax Withholding, Share-based Payment Arrangement 39 112 296
Repayments of Long-term Debt (347) (347) (347)
Payments of Dividends (10,350) (10,313) (10,280)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 1,222 2,054 1,131
Accretion (Amortization) of Discounts and Premiums, Investments 2 42 66
Net realized gains (losses) 0 (4,971) (63)
Unrealized Gain (Loss) on Investments 1 2,812 (4,036)
Deferred income taxes, net 314 644 (511)
Share-based Payment Arrangement, Noncash Expense 1,185 1,382 3,007
Changes in operating assets and liabilities:      
Accrued investment income 0 70 113
Other assets 2,516 (3,682) 9,976
Accounts payable (960) 931 (22)
Change in Operating Lease Liability (14) (18) 64
Other Liabilities (1,972) 966 313
Net Cash Provided by (Used in) Operating Activities 4,557 6,159 21,001
INVESTING ACTIVITIES      
Proceeds from sales and maturities of investments available for sale 1,112 32,518 35,036
Payments to Acquire Property, Plant, and Equipment 0 (688) (4,749)
Net Cash Provided by (Used in) Investing Activities (42,328) 16,513 9,720
FINANCING ACTIVITIES      
Payment, Tax Withholding, Share-based Payment Arrangement (39) (112) (296)
Repayments of borrowings 347 347 347
Payments of Dividends 10,350 10,313 10,280
Net Cash Provided by (Used in) Financing Activities 24,264 (8,004) (32,128)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect $ (13,507) $ 14,668 $ (1,407)