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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $409,517 and $672,139, respectively) $ 376,463 $ 663,602
Equity securities 39,020 37,958
Other investments (amortized cost of $16,578 and $17,131, respectively) 16,628 18,006
Total investments 432,111 719,566
Cash and cash equivalents 229,893 212,024
Restricted Cash 53,717 33,254
Cash, Cash Equivalents, and Restricted Cash 283,610 245,278
Accrued investment income 3,062 3,296
Property, Plant and Equipment, Net 19,591 31,561
Premiums receivable, net (credit allowance of $69 and $32, respectively) 86,036 79,166
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments 1,631,408 997,120
Ceded unearned premiums 213,028 430,631
Goodwill 59,476 73,045
Deferred policy acquisition costs 58,933 38,520
Intangible Assets, Net (Excluding Goodwill) 12,770 18,375
Other Assets 37,471 62,015
Total Assets 2,837,496 2,698,573
Liabilities:    
Unpaid losses and loss adjustment expenses 1,946,938 1,084,450
Unearned premiums   644,940
Reinsurance Payable 59,896 248,625
Payments outstanding 215,057 114,524
Accounts Payable and Accrued Expenses 74,503 76,258
Operating Lease, Liability 1,689 1,934
Other Liabilities 23,159 39,324
Notes payable 152,473 156,561
Total Liabilities 3,019,535 2,366,616
Commitments and contingencies (Note 12)
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; 100,000,000 shares authorized; 43,492,256 and 43,360,429 issued, respectively; 43,280,173 and 43,370,442 outstanding, respectively 4 4
Additional Paid in Capital 395,631 394,268
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated other comprehensive income (30,947) (6,531)
Retained Earnings (Accumulated Deficit) (546,296) (74,904)
Total Stockholders' Equity (182,039) 312,406
Stockholders' Equity Attributable to Noncontrolling Interest 0 19,551
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (182,039) 331,957
Total Liabilities and Stockholders' Equity 2,837,496 2,698,573
Reinsurance Recoverable, Allowance for Credit Loss 603 563
Fixed Maturities    
Investments available for sale, at fair value:    
Fixed maturities, available-for-sale (amortized cost of $409,517 and $672,139, respectively) 376,463 663,602
Stockholders' Equity:    
Debt Securities, Available-for-sale, Amortized Cost $ 409,517 $ 672,139