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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 11,831 $ (26,935)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization and depreciation 3,342 3,265
Amortization of debt issuance costs 0 41
Restricted stock and stock option expense 2,122 2,646
Deferred federal income taxes 2,944 (4,039)
Amortization of bond premium and discount, net (1,725) 1,628
Net realized investment losses 2,281 35,301
Loss on extinguishment of debt 0 3,529
Loss from equity method investments, net of distributions 106 5,913
Changes in:    
Premium receivables, net 27,245 (33,515)
Reinsurance receivables, net (9,895) (4,200)
Funds held by ceding insurers 2,330 3,905
Unpaid losses and loss adjustment expenses 34,547 44,757
Unearned premiums (54,166) 20,111
Ceded balances payable (13,397) (20,585)
Other assets and liabilities (7,679) (3,986)
Contingent commissions (5,385) (1,575)
Deferred acquisition costs 12,875 (9,758)
Prepaid reinsurance premiums 6,795 1,956
Net cash provided by operating activities 14,171 18,459
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 96,890 829,205
Proceeds from sale of equity securities 24 88,726
Proceeds from maturity of fixed maturities 50,685 42,483
Proceeds from maturity of preferred stock 270 0
Proceeds from other invested assets 789 6,542
Amounts received in connection with derivatives 0 4,490
Purchases of fixed maturities (135,826) (860,076)
Purchases of equity securities (28) (10,376)
Net cash provided by investing activities 12,804 100,994
Cash flows from financing activities:    
Distributions paid to common shareholders (7,477) (7,255)
Distributions paid to preferred shareholders (220) (220)
Purchases of class A common shares (12,677) (414)
Redemption of subordinated notes 0 (130,000)
Net cash used for financing activities (20,374) (137,889)
Net change in cash and cash equivalents 6,601 (18,436)
Cash and cash equivalents at beginning of period 38,846 78,278
Cash and cash equivalents at end of period $ 45,447 $ 59,842