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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments, at fair value:    
Fixed maturities (amortized cost of $559,163 and $672,139 $ 153,857 $ 204,682
Equity Securities, FV-NI 0 15,657
Other investments (amortized cost of $16,780 and $17,131 2,599 3,675
Total investments 156,456 224,014
Cash and Cash Equivalents 111,061 70,903
Restricted Cash 19,427 45,988
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 130,488 116,891
Accrued Investment Income 1,540 1,605
Property and equipment, net 3,910 5,293
Premiums receivable, net (credit allowance of $28 and $32) 22,441 39,301
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments (credit allowance of $552 and $563) 448,358 796,546
Ceded uneared premiums 241,270 90,496
Goodwill 59,476 59,476
Deferred policy acquisition costs 28,852 52,369
Intangible Assets, Net (Excluding Goodwill) 10,135 12,770
Other assets, net 35,581 3,920
Total Assets 1,149,690 2,837,496
Liabilities    
Unpaid losses and loss adjustment expenses 443,406 842,958
Unearned Premiums 325,423 258,978
Reinsurance Payable 3,963 30,503
Payments outstanding 11,636 2,000
Accounts Payable 84,772 74,386
Operating Lease, Liability 941 1,689
Other Liabilities 8,504 5,849
Notes Payable 148,604 148,355
Total Liabilities 1,029,041 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 396,584 395,631
Treasury shares, at cost; 212,083 shares (431) (431)
Accumulated Other Comprehensive Income (Loss), Net of Tax (23,835) (30,947)
Retained Earnings (251,673) (546,296)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 120,649 (182,039)
Total Liabilities and Stockholders' Equity 1,149,690 2,837,496
Disposal Group, Including Discontinued Operation, Assets 11,183 1,434,815
Disposal Group, Including Discontinued Operation, Liabilities $ 1,792 $ 1,654,817