Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Investment securities:
Debt securities, at fair value (amortized cost of $96,669 and $117,827, respectively)	$ 88,305	$ 105,665
Equity securities, at fair value (cost of $1,276 and $1,836, respectively)	1,277	1,603
Short-term investments, at fair value	24,725	21,151
Total investments	114,307	128,419
Cash and cash equivalents	27,362	27,654
Premiums and agents' balances receivable, net	5,521	9,901
Reinsurance recoverables on unpaid losses	63,909	84,490
Reinsurance recoverables on paid losses	5,929	6,919
Prepaid reinsurance premiums	12,024	6,088
Deferred policy acquisition costs	2,696	6,380
Receivable from contingent considerations at fair value	4,290	8,070
Other assets	3,245	3,735
Total assets	239,283	281,656
Liabilities:
Unpaid losses and loss adjustment expenses	146,262	189,285
Unearned premiums	25,703	30,590
Reinsurance premiums payable	2,501	1
Debt	12,187	11,932
Mandatorily redeemable preferred stock carrying value	14,380
Funds held under reinsurance agreements	24,233	25,829
Accounts payable and other liabilities	5,051	2,494
Total liabilities	230,317	260,131
Commitments and contingencies
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 12,222,881 issued and outstanding, respectively)	100,158	98,178
Accumulated deficit	(81,591)	(63,153)
Accumulated other comprehensive income (loss)	(9,601)	(13,500)
Total shareholders' equity	8,966	21,525
Total liabilities and shareholders' equity	$ 239,283	$ 281,656