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Subsequent Events
3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTS
We evaluate all subsequent events and transactions for potential recognition or disclosure in our financial statements.

On April 1, 2022, the Company transitioned policies written in the state of Massachusetts to HCPCI in connection with the Northeast Renewal Agreement.

On April 11, 2022, we announced a proposed reorganization plan, which would merge JIC into ACIC, with ACIC being the surviving entity.

As a result of the proposed reorganization plan, on April 14, 2022, AM Best downgraded the Financial Strength Rating of JIC from A- (Excellent) to B++ (Good) and the Long-Term Issuer Credit Rating of JIC from "a-" (Excellent) to "bbb+" (Good). Concurrently, AM Best withdrew their rating of JIC as we requested to no longer participate in AM Best's interactive rating process.

On May 6, 2022, the Company made capital contributions of $1,000,000 and $3,200,000 to our insurance subsidiaries UPC, and FSIC, respectively.