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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 285,059 $ (102,312)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 4,281 5,042
Bond amortization and accretion 499 3,041
Net realized gains (losses) 5,464 1,847
Unrealized Gain (Loss) on Investments (2,694) 7,352
Provision for uncollectable premiums/over and short 4 6
Reinsurance Recoverable Change in Credit Loss Allowance (164) (223)
Deferred income taxes, net 3,310 24,764
Stock based compensation 505 634
Proceeds from contractual commitment 0 3,800
Gain on sale of building (559) (1,528)
Gain (Loss) on Disposition of Assets 953 343
Changes in operating assets and liabilities:    
Accrued investment income 555 200
Premiums receivable 7,648 (22,386)
Reinsurance recoverable on paid and unpaid losses 423,501 239,386
Ceded unearned premiums (191,910) (72,033)
Deferred policy acquisition costs, net 24,201 (38,671)
Other assets (49,699) (1,728)
Unpaid losses and loss adjustment expenses (491,831) (234,456)
Unearned premiums (59,854) 14,657
Reinsurance payable 93,378 189,059
Payments outstanding (53,287) (5,561)
Accounts Payable 21,837 (7,693)
Change in Operating Lease Liability (517) (334)
Other liabilities (15,391) 4,634
Net cash provided by operating activities (232,823) 8,286
INVESTING ACTIVITIES    
Proceeds from sales and maturities of fixed maturities 230,424 107,536
Proceeds from Sale of Equity Securities, FV-NI 40,322 88
Proceeds from Sale and Maturity of Other Investments 500 1,464
Payments to Acquire Fixed Maturities, Available-for-sale (11,786) (18,334)
Payments to Acquire Equity Securities, FV-NI 35 (6,253)
Payments to Acquire Other Investments (759) (840)
Proceeds from Sale of Property, Plant, and Equipment 599 3,966
Cost of property, equipment and capitalized software acquired (273) (2,360)
Net cash provided by (used in) investing activities 26,480 85,267
FINANCING ACTIVITIES    
Repayments of borrowings 0 (761)
Payments of Dividends 0 (2,589)
Return of capital - Noncontrolling interest 0 (18,335)
Net Cash Provided by (Used in) Financing Activities 0 (21,685)
Cash, Cash Equivalents, Restricted Cash at beginning of period 116,891  
Cash, Cash Equivalents, Restricted Cash at end of period 77,268  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (206,343) 71,868
Supplemental Cash Flows Information    
Interest Paid 5,438 4,771
Income taxes paid 614 644
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax (238,440) 0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 77,268  
Proceeds from Divestiture of Businesses, Net of Cash Divested (232,582) 0
Continuing Operations    
OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 50,719 (13,584)
Adjustments to reconcile net income to net cash provided by operating activities    
Unrealized Gain (Loss) on Investments (615) 3,161
Changes in operating assets and liabilities:    
Unearned premiums 128,333 97,830
FINANCING ACTIVITIES    
Cash, Cash Equivalents, Restricted Cash at beginning of period 283,611 245,278
Cash, Cash Equivalents, Restricted Cash at end of period 77,268 317,146
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 77,268 317,146
Discontinued Operations    
OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 234,340 (88,728)
Changes in operating assets and liabilities:    
Unearned premiums $ (198,154) $ (72,969)