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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE:    
Gross premiums written $ 279,617 $ 168,842
Decrease (increase) in gross unearned premiums (667) 13,223
Gross premiums earned 278,950 182,065
Ceded premiums earned (116,275) (74,882)
Net premiums earned 162,675 107,183
Investment income 5,686 2,951
Net realized gains (losses) 211 (351)
Unrealized Gain (Loss) on Securities (2,444) 0
Other revenue 13,999 12,850
Total revenue 180,127 122,633
EXPENSES:    
Losses and loss adjustment expenses 77,246 63,333
Policy acquisition costs 57,135 35,436
Operating expenses 8,318 5,872
General and administrative expenses 23,325 11,333
Interest expense 2,458 759
Total expenses 168,482 116,733
Income (loss) before other income 11,645 5,900
Other income 71 38
Income (loss) before income taxes 11,716 5,938
Provision for income taxes 3,347 2,039
Net income (loss) 8,369 3,899
OTHER COMPREHENSIVE INCOME:    
Change in net unrealized gains (losses) on investments (23,384) 3,731
Reclassification adjustment for net realized investment (gains) losses (211) 351
Income tax benefit (expense) related to items of other comprehensive income 5,923 (1,542)
Total comprehensive income $ (9,303) $ 6,439
Weighted-average shares outstanding    
Weighted-average shares outstanding (in shares) 42,581,939 21,471,185
Weighted-average diluted shares (in shares) 42,748,627 21,688,733
Earnings Per Share    
Basic earnings per share (in usd per share) $ 0.20 $ 0.18
Diluted earnings per share (in usd per share) 0.20 0.18
Dividends declared per share (in usd per share) $ 0.06 $ 0.06