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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investments, at fair value:    
Fixed maturities (amortized cost of $559,163 and $672,139 $ 492,251 $ 663,602
Equity Securities, FV-NI 36,495 37,958
Other investments (amortized cost of $16,780 and $17,131 16,609 18,006
Total investments 545,355 719,566
Cash and Cash Equivalents 180,947 212,024
Restricted Cash 42,300 33,254
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 223,247 245,278
Accrued Investment Income 3,203 3,296
Property and equipment, net 26,709 31,561
Premiums receivable, net (credit allowance of $28 and $32) 45,214 79,166
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $552 and $563) 1,547,282 997,120
Ceded uneared premiums 373,558 430,631
Goodwill 59,476 73,045
Deferred policy acquisition costs 71,204 38,520
Intangible Assets, Net (Excluding Goodwill) 15,940 18,375
Other assets, net 30,939 62,015
Total Assets 2,942,127 2,698,573
Liabilities    
Unpaid losses and loss adjustment expenses 1,679,567 1,084,450
Unearned Premiums 612,904 644,940
Reinsurance Payable 200,568 248,625
Payments outstanding 105,200 114,524
Accounts Payable 76,358 76,258
Operating Lease, Liability 1,416 1,934
Other Liabilities 32,996 39,324
Notes Payable 152,684 156,561
Total Liabilities 2,861,693 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 395,192 394,268
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (64,805) (6,531)
Retained Earnings (249,526) (74,904)
Total Stockholders' Equity 80,434 312,406
Stockholders' Equity Attributable to Noncontrolling Interest 0 19,551
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 80,434 331,957
Total Liabilities and Stockholders' Equity $ 2,942,127 $ 2,698,573