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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUE:    
Gross premiums written $ 149,395 $ 197,852
Change in gross unearned premiums (8,261) (35,751)
Gross premiums earned 141,134 162,101
Ceded premiums earned (75,523) (93,829)
Net premiums earned 65,611 68,272
Net investment income 5,079 4,511
Net realized investment gains 6 1,382
Net unrealized gains (losses) on equity securities 528 (1,963)
Total revenue 71,224 72,202
EXPENSES:    
Losses and loss adjustment expenses 10,243 11,389
Policy acquisition costs 22,393 23,466
General and administrative expenses 10,703 9,506
Interest expense 2,344 2,717
Total expenses 45,683 47,078
Income before other income 25,541 25,124
Other income 212 1,070
Income before income taxes 25,753 26,194
Provision for income taxes 6,499 6,483
Income from continuing operations, net of tax 19,254 19,711
Income from discontinued operations, net of tax 0 1,637
Net income 19,254 21,348
OTHER COMPREHENSIVE INCOME:    
Change in net unrealized gains (losses) on investments (1,244) 4,212
Reclassification adjustment for net realized investment gains (6) (1,382)
Total comprehensive income $ 18,004 $ 24,178
Weighted average shares outstanding    
Weighted average shares outstanding, Basic 48,546,290 48,135,231
Weighted average shares outstanding, Diluted 49,808,832 49,564,721
Basic    
Continuing operations $ 0.4 $ 0.41
Discontinued operations 0 0.03
Total 0.4 0.44
Diluted    
Continuing operations 0.39 0.4
Discontinued operations 0 0.03
Total $ 0.39 $ 0.43