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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Supplemental Cash Flows Information    
Proceeds from Income Tax Refunds $ (7,170)  
Interest Paid 0 $ 0
Income taxes paid   5,325
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 133,877 (141,354)
Cash, Cash Equivalents, Restricted Cash at end of period 305,709  
Cash, Cash Equivalents, Restricted Cash at beginning of period 171,832  
FINANCING ACTIVITIES    
Proceeds from Issuance of Common Stock 11,398 0
Net Cash Provided by (Used in) Financing Activities 11,398 0
INVESTING ACTIVITIES    
Proceeds from Divestiture of Businesses, Net of Cash Divested 0 (232,582)
Proceeds from sales and maturities of fixed maturities 1,956 178,211
Proceeds from Sale of Equity Securities, FV-NI 0 24,163
Proceeds from Sale and Maturity of Other Investments 2,043 227
Payments to Acquire Fixed Maturities, Available-for-sale 0 (7,439)
Payments to Acquire Equity Securities, FV-NI (6,004) (80)
Proceeds from Sale of Property, Plant, and Equipment 0 464
Cost of property, equipment and capitalized software acquired 0 (154)
Net cash provided by (used in) investing activities (2,005) (37,190)
Changes in operating assets and liabilities:    
Accrued investment income (430) 369
Premiums receivable (6,714) 15,178
Reinsurance recoverable on paid and unpaid losses 83,980 289,946
Ceded unearned premiums 21,387 72,064
Deferred policy acquisition costs, net (2,249) (875)
Other assets 20,548 (31,630)
Unpaid losses and loss adjustment expenses (90,665) (278,142)
Unearned premiums 28,636 (145,540)
Reinsurance payable 38,070 (13,376)
Payments outstanding (145) (68,493)
Accounts Payable 6,441 16,440
Change in Operating Lease Liability (671) (277)
Other liabilities (48) (3,561)
Net cash provided by operating activities 124,484 (104,164)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,168 2,155
Bond amortization and accretion 200 160
Net realized gains (losses) 0 (1,260)
Unrealized Gain (Loss) on Investments 50 (2,554)
Provision for uncollectable premiums/over and short (2) 5
Reinsurance Recoverable Change in Credit Loss Allowance 32 183
Deferred income taxes, net (260) 15,767
Stock based compensation 428 335
Gain on sale of building 0 (422)
Gain (Loss) on Disposition of Assets 129 524
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 (238,440)
Net Income (Loss), Parent 23,599 267,280
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 305,709  
Continuing Operations    
Supplemental Cash Flows Information    
Cash, Cash Equivalents, Restricted Cash at end of period 305,709 142,257
Cash, Cash Equivalents, Restricted Cash at beginning of period 171,832 283,611
Adjustments to reconcile net income to net cash provided by operating activities    
Net Income (Loss), Parent 23,599 30,367
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 305,709 $ 142,257