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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUE:    
Gross premiums written $ 335,183 $ 318,559
Change in gross unearned premiums 9,436 (6,746)
Gross premiums earned 344,619 311,813
Ceded premiums earned (153,023) (131,091)
Net premiums earned 191,596 180,722
Investment Income, Net 6,917 7,295
Net realized gains (losses) (68) 181
Unrealized Gain (Loss) on Securities (26,456) 10,173
Other revenue 4,315 3,950
Total revenue 176,304 202,321
EXPENSES:    
Losses and loss adjustment expenses 102,837 104,547
Policy acquisition costs 58,875 55,246
Operating Costs and Expenses 9,704 10,211
General and administrative expenses 18,301 17,581
Interest expense 2,419 2,409
Total expenses 192,136 189,994
Income (loss) before other income (15,832) 12,327
Other income 28 6
Income (loss) before income taxes (15,804) 12,333
Provision for income taxes (3,288) 2,755
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest (12,516) 9,578
Net income (loss) (12,723) 9,469
Net Income (Loss) Attributable to Noncontrolling Interest 207 109
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest (26) 231
OTHER COMPREHENSIVE INCOME:    
Change in net unrealized gains (losses) on investments (4,110) 14,322
Reclassification adjustment for net realized investment (gains) losses 68 (181)
Income tax benefit (expense) related to items of other comprehensive income 983 (3,459)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest (15,575) 20,260
Total comprehensive income $ (15,549) $ 20,029
Weighted-average shares outstanding    
Weighted-average shares outstanding 42,805,527 42,696,681
Weighted-average diluted shares 42,805,527 42,986,484
Earnings Per Share    
Basic earnings per share $ (0.30) $ 0.22
Diluted earnings per share $ (0.30) $ 0.22