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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Supplemental Cash Flows Information    
Proceeds from Income Tax Refunds $ (6,564) $ (10,591)
Interest Paid 5,438 5,438
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 90,624 (153,123)
Cash, Cash Equivalents, Restricted Cash at end of period 240,398  
Cash, Cash Equivalents, Restricted Cash at beginning of period 157,000  
FINANCING ACTIVITIES    
Proceeds from Issuance of Common Stock 11,621 38
Net Cash Provided by (Used in) Financing Activities 11,621 38
INVESTING ACTIVITIES    
Proceeds from Divestiture of Businesses, Net of Cash Divested 0 (232,582)
Proceeds from sales and maturities of fixed maturities 12,687 234,403
Proceeds from Sale of Equity Securities, FV-NI 0 40,436
Proceeds from Sale and Maturity of Other Investments 12,111 2,397
Payments to Acquire Fixed Maturities, Available-for-sale (140,667) (11,786)
Payments to Acquire Equity Securities, FV-NI (23,995) (79)
Payments to Acquire Other Investments (23,029) (1,494)
Proceeds from Sale of Property, Plant, and Equipment 0 629
Cost of property, equipment and capitalized software acquired (11) (196)
Net cash provided by (used in) investing activities (162,904) 31,728
Changes in operating assets and liabilities:    
Accrued investment income (1,579) 647
Premiums receivable 26,425 40,851
Reinsurance recoverable on paid and unpaid losses 193,719 633,895
Ceded unearned premiums (45,792) (103,504)
Deferred policy acquisition costs, net (22,067) 30,170
Other assets 26,368 (53,938)
Unpaid losses and loss adjustment expenses (175,543) (583,101)
Unearned premiums 35,857 (121,742)
Reinsurance payable 124,656 (43,321)
Payments outstanding 4,707 (59,183)
Accounts Payable 999 13,422
Change in Operating Lease Liability (739) (748)
Other liabilities (248) (20,322)
Net cash provided by operating activities 241,907 (184,889)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 6,614 6,391
Bond amortization and accretion 553 759
Net realized gains (losses) 190 5,464
Unrealized Gain (Loss) on Investments (1,542) (2,871)
Provision for uncollectable premiums/over and short 32 11
Reinsurance Recoverable Change in Credit Loss Allowance 58 226
Deferred income taxes, net (2,558) 13,344
Stock based compensation 1,903 915
Gain on sale of building 0 (588)
Gain (Loss) on Disposition of Assets 129 1,147
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax (1,007) (238,440)
Net Income (Loss), Parent 70,772 295,627
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 240,398  
Continuing Operations    
Supplemental Cash Flows Information    
Cash, Cash Equivalents, Restricted Cash at end of period 262,456 130,488
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    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 262,456 $ 130,488