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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 21,459 $ 11,831
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and depreciation 2,659 3,342
Restricted stock and stock option expense 2,759 2,122
Deferred federal income taxes 5,480 2,944
Amortization of bond premium and discount, net (11,375) (1,725)
Net realized investment losses (gains) (1,052) 2,281
Loss (income) from equity method investments, net of distributions (22) 106
Changes in:    
Premium receivables, net 21,571 27,245
Reinsurance receivables, net 4,796 (9,895)
Funds held by ceding insurers (10,152) 2,330
Unpaid losses and loss adjustment expenses (6,393) 34,547
Unearned premiums (1,018) (54,166)
Ceded balances payable (1,694) (13,397)
Other assets and liabilities 11,647 (7,679)
Contingent commissions (2,033) (5,385)
Federal income tax payable (2,494) 0
Deferred acquisition costs 1,336 12,875
Prepaid reinsurance premiums 1,460 6,795
Net cash provided by operating activities 36,934 14,171
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 51,491 96,890
Proceeds from sale of equity securities 0 24
Proceeds from maturity of fixed maturities 346,119 50,685
Proceeds from maturity of preferred stock 2,934 270
Proceeds from other invested assets 4,548 789
Purchases of fixed maturities (422,767) (135,826)
Purchases of equity securities 0 (28)
Net cash provided by (used for) investing activities (17,675) 12,804
Cash flows from financing activities:    
Distributions paid to common shareholders (9,816) (7,477)
Distributions paid to preferred shareholders (220) (220)
Purchases of class A common shares (529) (12,677)
Net cash used for financing activities (10,565) (20,374)
Net change in cash and cash equivalents 8,694 6,601
Cash and cash equivalents at beginning of period 38,037 38,846
Cash and cash equivalents at end of period $ 46,731 $ 45,447