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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments, at fair value:    
Fixed maturities (amortized cost of $578,059 and $672,139 $ 527,091 $ 663,602
Equity Securities, FV-NI 37,552 37,958
Other investments (amortized cost of $16,506 and $17,131 16,590 18,006
Total investments 581,233 719,566
Cash and Cash Equivalents 283,785 212,024
Restricted Cash 33,361 33,254
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 317,146 245,278
Accrued Investment Income 3,096 3,296
Property and equipment, net 27,890 31,561
Premiums receivable, net (credit allowance of $26 and $32) 101,546 79,166
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $340 and $563) 757,511 997,120
Ceded uneared premiums 502,664 430,631
Goodwill 73,045 73,045
Deferred policy acquisition costs 77,191 38,520
Intangible Assets, Net (Excluding Goodwill) 16,751 18,375
Other assets, net 35,981 62,015
Total Assets 2,494,054 2,698,573
Liabilities    
Unpaid losses and loss adjustment expenses 849,994 1,084,450
Unearned Premiums 659,597 644,940
Reinsurance Payable 437,684 248,625
Payments outstanding 108,963 114,524
Accounts Payable 68,565 76,258
Operating Lease, Liability 1,600 1,934
Other Liabilities 44,711 39,324
Notes Payable 155,968 156,561
Total Liabilities 2,327,082 2,366,616
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding 0 0
Common Stock, $0.0001 par value; 50,000,000 shares authorized; 43,525,249 and 43,360,429 issued; 43,313,166 and 43,370,442 outstanding, respectively 4 4
Additional Paid in Capital 394,902 394,268
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (48,861) (6,531)
Retained Earnings (178,642) (74,904)
Total Stockholders' Equity 166,972 312,406
Stockholders' Equity Attributable to Noncontrolling Interest 0 19,551
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 166,972 331,957
Total Liabilities and Stockholders' Equity $ 2,494,054 $ 2,698,573