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Consolidated Balance Sheets (Q1) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Investment securities:            
Debt securities, at fair value $ 110,633 $ 110,201   $ 149,783    
Equity securities, at fair value (cost of $2,369 and $1,905, respectively) 2,425 1,267   9,931    
Short-term investments, at fair value 28,055 25,929   23,013    
Total investments 141,113 137,397   182,727    
Cash and cash equivalents 21,549 28,035   9,913    
Premiums and agents' balances receivable, net 21,713 21,802   21,197    
Receivable from Affiliate 1,245 1,261   5,784    
Reinsurance recoverables on unpaid losses 61,101 82,651 $ 40,605 40,344 $ 24,218 $ 22,579
Reinsurance recoverables on paid losses 9,023 6,653   1,347    
Prepaid reinsurance premiums 21,929 16,399   8,301    
Deferred policy acquisition costs 8,326 10,290 10,124 12,267 12,243 11,906
Other assets 7,172 7,862   8,524    
Total assets 293,171 312,350   290,404    
Liabilities:            
Unpaid losses and loss adjustment expenses 145,362 165,539 $ 140,938 139,085 111,270 $ 107,246
Unearned premiums 69,807 67,887   65,269 $ 56,224  
Reinsurance premium payable 7,463 6,144   5,318    
Debt 33,954 33,876   33,564    
Accounts payable and accrued expenses 14,293 19,954   6,665    
Total liabilities 270,879 293,400   249,901    
Commitments and contingencies      
Shareholders' equity:            
Common stock, no par value (100,000,000 shares authorized; 12,215,849 issued and outstanding, respectively) 97,968 97,913   92,692    
Accumulated deficit (59,759) (60,760)   (50,079)    
Accumulated other comprehensive income (loss) (15,917) (18,203)   (2,110)    
Total shareholders' equity 22,292 18,950   40,503    
Total liabilities and shareholders' equity $ 293,171 $ 312,350   $ 290,404