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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Investments, at fair value:    
Fixed maturities (amortized cost of $559,163 and $672,139 $ 210,733 $ 204,682
Equity Securities, FV-NI 16,181 15,657
Other investments (amortized cost of $16,780 and $17,131 3,550 3,675
Total investments 230,464 224,014
Cash and Cash Equivalents 92,586 70,903
Restricted Cash 49,671 45,988
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 142,257 116,891
Accrued Investment Income 1,818 1,605
Property and equipment, net 18,118 19,591
Premiums receivable, net (credit allowance of $28 and $32) 48,120 39,301
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $552 and $563) 792,350 796,546
Ceded uneared premiums 65,702 90,496
Goodwill 59,476 59,476
Deferred policy acquisition costs 59,897 60,979
Intangible Assets, Net (Excluding Goodwill) 11,758 12,770
Other assets, net 15,426 3,920
Total Assets 1,445,386 2,837,496
Liabilities    
Unpaid losses and loss adjustment expenses 748,365 842,958
Unearned Premiums 301,625 258,978
Reinsurance Payable 33,908 30,503
Payments outstanding 2,326 2,000
Accounts Payable 89,582 75,374
Operating Lease, Liability 1,412 1,689
Other Liabilities 36,242 17,466
Notes Payable 148,438 148,355
Total Liabilities 1,361,898 3,019,535
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 395,966 395,631
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (25,629) (30,947)
Retained Earnings (286,422) (546,296)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 83,488 (182,039)
Total Liabilities and Stockholders' Equity 1,445,386 2,837,496
Disposal Group, Including Discontinued Operation, Assets 0 1,411,907
Disposal Group, Including Discontinued Operation, Liabilities $ 0 $ 1,642,212