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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Supplemental Cash Flows Information    
Proceeds from Income Tax Refunds $ (1,015) $ (7,170)
Interest Paid 0 0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 31,956 133,877
Cash, Cash Equivalents, Restricted Cash at end of period 233,040  
Cash, Cash Equivalents, Restricted Cash at beginning of period 199,393  
FINANCING ACTIVITIES    
Proceeds from Issuance of Common Stock 309 11,398
Net Cash Provided by (Used in) Financing Activities 309 11,398
INVESTING ACTIVITIES    
Proceeds from sales and maturities of fixed maturities 10,499 1,956
Proceeds from Sale of Equity Securities, FV-NI 9,998 0
Proceeds from Sale and Maturity of Other Investments 189 2,043
Payments to Acquire Fixed Maturities, Available-for-sale (12,270) 0
Payments to Acquire Equity Securities, FV-NI (2,999) (6,004)
Payments to Acquire Other Investments (117) 0
Cost of property, equipment and capitalized software acquired (96) 0
Net cash provided by (used in) investing activities 5,204 (2,005)
Changes in operating assets and liabilities:    
Accrued investment income (6) (430)
Premiums receivable (16,746) (6,714)
Reinsurance recoverable on paid and unpaid losses 61,001 83,980
Ceded unearned premiums 41,826 21,387
Deferred policy acquisition costs, net (6,875) (2,249)
Other assets 1,833 20,548
Unpaid losses and loss adjustment expenses (65,906) (90,665)
Unearned premiums 39,087 28,636
Reinsurance payable (33,653) 38,070
Accounts Payable (21,214) 6,441
Change in Operating Lease Liability (25) (671)
Other liabilities (341) (193)
Net cash provided by operating activities 26,443 124,484
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,722 2,168
Bond amortization and accretion 165 200
Net realized gains (losses) (1,379) 0
Unrealized Gain (Loss) on Investments 1,963 50
Provision for uncollectable premiums/over and short (7) (2)
Reinsurance Recoverable Change in Credit Loss Allowance 21 32
Deferred income taxes, net 2,896 (260)
Stock based compensation 733 428
Gain (Loss) on Disposition of Assets 0 129
Net Income (Loss), Parent 21,348 23,599
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 233,040  
Continuing Operations    
Supplemental Cash Flows Information    
Cash, Cash Equivalents, Restricted Cash at end of period 254,246 305,709
Cash, Cash Equivalents, Restricted Cash at beginning of period 222,290 171,832
Adjustments to reconcile net income to net cash provided by operating activities    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 254,246 $ 305,709