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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE:      
Gross premiums written $ 1,252,401 $ 1,040,848 $ 708,156
Change in gross unearned premiums (71,440) (54,825) (41,327)
Gross premiums earned 1,180,961 986,023 666,829
Ceded Premiums Earned (491,685) (400,533) (209,898)
Net premiums earned 689,276 585,490 456,931
Investment Income 27,201 17,812 10,679
Net realized gains (losses) 1,655 67 547
Unrealized Gain (Loss) on Securities (9,300) 0 0
Other revenue 15,110 51,051 18,960
Total revenue 723,942 654,420 487,117
EXPENSES:      
Losses and loss adjustment expenses 408,589 365,535 298,353
Policy Acquisition Costs 203,140 175,444 117,658
Operating Expenses 40,590 27,675 20,524
General and Administrative Expense 66,112 81,762 42,956
Interest Expense 9,866 3,247 723
Total expenses 728,297 653,663 480,214
Income before other income (4,355) 757 6,903
Other Income 116 153 100
Income before income taxes (4,239) 910 7,003
Provision (benefit) for income taxes (4,633) (9,235) 1,305
Net Income (Loss) Attributable to Parent 290 10,145 5,698
Net Income (Loss) Attributable to Noncontrolling Interest 104 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 394 10,145 5,698
OTHER COMPREHENSIVE INCOME:      
Change in net unrealized gain (loss) on investments (22,264) 10,647 (629)
Reclassification adjustment for net realized investment gains (1,655) (67) (547)
Income tax benefit (expense) related to items of other comprehensive income 5,703 (2,181) 378
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (17,822) 18,544 4,900
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 139 0 0
Total comprehensive income $ (17,961) $ 18,544 $ 4,900
Weighted average shares outstanding      
Basic 42,650,629 37,152,768 21,417,486
Diluted 42,838,886 37,375,340 21,614,443
Earnings per share      
Earnings Per Share, Basic $ 0.01 $ 0.27 $ 0.27
Earnings Per Share, Diluted $ 0.01 $ 0.27 $ 0.26