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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE:      
Gross premiums written $ 1,040,848 $ 708,156 $ 569,736
Increase in gross unearned premiums (54,825) (41,327) (65,521)
Gross premiums earned 986,023 666,829 504,215
Ceded Premiums Earned (400,533) (209,898) (168,257)
Net premiums earned 585,490 456,931 335,958
Net investment income 17,812 10,679 9,212
Net realized gains (losses) 67 547 827
Other revenue 51,051 18,960 11,572
Total revenue 654,420 487,117 357,569
EXPENSES:      
Losses and loss adjustment expenses 365,535 298,353 183,108
Deferred Policy Acquisition Costs, Amortization Expense 175,444 117,658 87,401
Operating Expenses 27,675 20,524 15,316
General and Administrative Expense 81,762 42,956 29,852
Interest Expense 3,247 723 326
Total expenses 653,663 480,214 316,003
Income before other income 757 6,903 41,566
Other Nonoperating Income (Expense) 153 100 294
Income before income taxes 910 7,003 41,860
Provision (benefit) for income taxes (9,235) 1,305 14,502
Net income 10,145 5,698 27,358
OTHER COMPREHENSIVE INCOME:      
Change in net unrealized gain (loss) on investments 10,647 (629) (3,070)
Reclassification adjustment for net realized investment gains (67) (547) (827)
Income tax benefit (expense) related to items of other comprehensive income (2,181) 378 1,506
Total comprehensive income $ 18,544 $ 4,900 $ 24,967
Weighted average shares outstanding      
Basic 37,152,768 21,417,486 21,218,233
Diluted 37,375,340 21,614,443 21,452,540
Earnings per share      
Earnings Per Share, Basic $ 0.27 $ 0.27 $ 1.29
Earnings Per Share, Diluted 0.27 0.26 1.28
Common Stock, Dividends, Per Share, Declared $ 0.24 $ 0.23 $ 0.20