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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUE:      
Gross premiums written $ 708,156 $ 569,736 $ 436,753
Increase in gross unearned premiums (41,327) (65,521) (36,058)
Gross premiums earned 666,829 504,215 400,695
Ceded Premiums Earned (209,898) (168,257) (135,845)
Net premiums earned 456,931 335,958 264,850
Net investment income 10,679 9,212 6,795
Net realized gains (losses) 547 827 (20)
Other revenue 18,960 11,572 8,605
Total revenue 487,117 357,569 280,230
EXPENSES:      
Losses and loss adjustment expenses 298,353 183,108 118,077
Deferred Policy Acquisition Cost, Amortization Expense 117,658 87,401 65,657
Operating Expenses 20,524 15,316 11,746
General and Administrative Expense 42,956 29,852 20,007
Interest Expense 723 326 410
Total expenses 480,214 316,003 215,897
Income before other income 6,903 41,566 64,333
Other Nonoperating Income (Expense) 100 294 77
Income before income taxes 7,003 41,860 64,410
Provision for income taxes 1,305 14,502 23,397
Net income 5,698 27,358 41,013
OTHER COMPREHENSIVE INCOME:      
Change in net unrealized gain on investments (629) (3,070) 6,367
Reclassification adjustment for net realized investment gains (547) (827) 20
Income tax expense related to items of other comprehensive income 378 1,506 (2,468)
Total comprehensive income $ 4,900 $ 24,967 $ 44,932
Weighted average shares outstanding      
Basic 21,417,486 21,218,233 19,933,652
Diluted 21,614,443 21,452,540 20,045,907
Earnings per share      
Earnings Per Share, Basic $ 0.27 $ 1.29 $ 2.06
Earnings Per Share, Diluted 0.26 1.28 2.05
Common Stock, Dividends, Per Share, Declared $ 0.23 $ 0.20 $ 0.16