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Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Information by Reportable Segment
The following tables present information by reportable segment (dollars in thousands):
 
Commercial Lines
 
Personal Lines
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Homeowners
 
 
 
 
 
 
 
 
Year Ended December 31, 2015
CMP
 
Other
Liability
 
Auto
 
Other
 
Total
 
Low-value
Dwelling
 
Wind-
exposed
 
Auto
 
Total
 
Corporate
& Other
 
Total
Gross written premiums
$
42,360

 
$
10,584

 
$
11,445

 
$
3,808

 
$
68,197

 
$
7,208

 
$
17,273

 
$
1,072

 
$
25,553

 
$

 
$
93,750

Net written premiums
$
35,514

 
$
9,050

 
$
10,121

 
$
3,472

 
$
58,157

 
$
5,900

 
$
14,545

 
$
1,072

 
$
21,517

 
$

 
$
79,674

Net earned premiums
$
30,271

 
$
7,153

 
$
8,241

 
$
2,921

 
$
48,586

 
$
6,001

 
$
9,533

 
$
2,645

 
$
18,179

 
$

 
$
66,765

Other income
333

 
741

 
25

 

 
1,099

 
260

 
117

 
112

 
489

 
79

 
1,667

Segment revenue
30,604

 
7,894

 
8,266

 
2,921

 
49,685

 
6,261

 
9,650

 
2,757

 
18,668

 
79

 
68,432

Loss and loss adjustment expenses, net
17,171

 
2,277

 
5,402

 
880

 
25,730

 
4,362

 
5,251

 
3,539

 
13,152

 

 
38,882

Policy acquisition costs
7,760

 
1,821

 
1,910

 
446

 
11,937

 
1,812

 
1,922

 
512

 
4,246

 

 
16,183

Operating expenses
3,215

 
964

 
487

 
317

 
4,983

 
963

 
971

 
1,371

 
3,305

 
6,518

 
14,806

Segment expenses
28,146

 
5,062

 
7,799

 
1,643

 
42,650

 
7,137

 
8,144

 
5,422

 
20,703

 
6,518

 
69,871

Segment underwriting gain (loss)
$
2,458

 
$
2,832

 
$
467

 
$
1,278

 
$
7,035

 
$
(876
)
 
$
1,506

 
$
(2,665
)
 
$
(2,035
)
 
$
(6,439
)
 
$
(1,439
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment income
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
1,902

 
1,902

Net realized investment gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
285

 
285

Other gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
104

 
104

Interest expense
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
(769
)
 
(769
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
$
(4,917
)
 
$
83

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred policy acquisition cost
$
5,516

 
$
1,343

 
$
1,300

 
$
242

 
$
8,401

 
$
1,382

 
$
2,318

 
$
1

 
$
3,701

 
$

 
$
12,102

Unearned premiums
21,515

 
4,780

 
5,534

 
1,508

 
33,337

 
4,072

 
10,502

 
5

 
14,579

 

 
47,916

Loss and loss adjustment expense reserves
20,734

 
5,295

 
2,183

 
1,527

 
29,739

 
1,518

 
1,802

 
2,363

 
5,683

 

 
35,422

 
Commercial Lines
 
Personal Lines
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Homeowners
 
 
 
 
 
 
 
 
Year Ended December 31, 2014
CMP
 
Other
Liability
 
Auto
 
Other
 
Total
 
Low-value
Dwelling
 
Wind-
exposed
 
Auto
 
Total
 
Corporate
& Other
 
Total
Gross written premiums
$
35,613

 
$
7,745

 
$
9,228

 
$
2,470

 
$
55,056

 
$
8,080

 
$
12,305

 
$
8,406

 
$
28,791

 
$

 
$
83,847

Net written premiums
$
25,702

 
$
5,892

 
$
7,459

 
$
1,905

 
$
40,958

 
$
6,835

 
$
10,103

 
$
8,403

 
$
25,341

 
$

 
$
66,299

Net earned premiums
$
24,246

 
$
5,373

 
$
4,564

 
$
1,566

 
$
35,749

 
$
6,495

 
$
3,651

 
$
11,633

 
$
21,779

 
$

 
$
57,528

Other income
766

 
129

 
23

 

 
918

 
340

 
2

 
562

 
904

 
(13
)
 
1,809

Segment revenue
25,012

 
5,502

 
4,587

 
1,566

 
36,667

 
6,835

 
3,653

 
12,195

 
22,683

 
(13
)
 
59,337

Loss and loss adjustment expenses, net
14,668

 
1,638

 
3,257

 
1,058

 
20,621

 
8,390

 
1,254

 
10,465

 
20,109

 

 
40,730

Policy acquisition costs
6,265

 
1,453

 
1,187

 
304

 
9,209

 
1,977

 
1,149

 
2,361

 
5,487

 

 
14,696

Operating expenses
3,330

 
671

 
366

 
199

 
4,566

 
380

 
328

 
1,745

 
2,453

 
5,120

 
12,139

Segment expenses
24,263

 
3,762

 
4,810

 
1,561

 
34,396

 
10,747

 
2,731

 
14,571

 
28,049

 
5,120

 
67,565

Segment underwriting gain (loss)
$
749

 
$
1,740

 
$
(223
)
 
$
5

 
$
2,271

 
$
(3,912
)
 
$
922

 
$
(2,376
)
 
$
(5,366
)
 
$
(5,133
)
 
$
(8,228
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment income
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
1,175

 
1,175

Net realized investment gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
417

 
417

Other gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 

 

Interest expense
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
(584
)
 
(584
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
$
(4,125
)
 
$
(7,220
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred policy acquisition cost
$
2,958

 
$
549

 
$
631

 
$
109

 
$
4,247

 
$
789

 
$
440

 
$
203

 
$
1,432

 
$

 
$
5,679

Unearned premiums
19,515

 
3,756

 
4,515

 
1,276

 
29,062

 
4,081

 
8,657

 
1,581

 
14,319

 

 
43,381

Loss and loss adjustment expense reserves
15,673

 
4,541

 
1,301

 
936

 
22,451

 
2,211

 
367

 
6,502

 
9,080

 

 
31,531

 
Commercial Lines
 
Personal Lines
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Homeowners
 
 
 
 
 
 
 
 
Year Ended December 31, 2013
CMP
 
Other
Liability
 
Auto
 
Other
 
Total
 
Low-value
Dwelling
 
Wind-
exposed
 
Auto
 
Total
 
Corporate
& Other
 
Total
Gross written premiums
$
21,133

 
$
4,485

 
$
769

 
$
934

 
$
27,321

 
$
6,250

 
$
3,759

 
$
6,757

 
$
16,766

 
$

 
$
44,087

Net written premiums
$
17,431

 
$
4,027

 
$
572

 
$
603

 
$
22,633

 
$
5,223

 
$
3,034

 
$
6,758

 
$
15,015

 
$

 
$
37,648

Net earned premiums
$
11,699

 
$
3,358

 
$
678

 
$
(15
)
 
$
15,720

 
$
3,895

 
$
1,153

 
$
6,861

 
$
11,909

 
$

 
$
27,629

Other income
305

 
43

 
9

 

 
357

 
338

 

 
59

 
397

 
80

 
834

Segment revenue
12,004

 
3,401

 
687

 
(15
)
 
16,077

 
4,233

 
1,153

 
6,920

 
12,306

 
80

 
28,463

Loss and loss adjustment expenses, net
6,122

 
(1,008
)
 
342

 
172

 
5,628

 
2,924

 
889

 
6,383

 
10,196

 

 
15,824

Policy acquisition costs
2,966

 
770

 
189

 
48

 
3,973

 
1,148

 
493

 
2,053

 
3,694

 

 
7,667

Operating expenses
3,714

 
776

 
170

 
205

 
4,865

 
370

 
161

 
167

 
698

 
3,598

 
9,161

Segment expenses
12,802

 
538

 
701

 
425

 
14,466

 
4,442

 
1,543

 
8,603

 
14,588

 
3,598

 
32,652

Segment underwriting gain (loss)
$
(798
)
 
$
2,863

 
$
(14
)
 
$
(440
)
 
$
1,611

 
$
(209
)
 
$
(390
)
 
$
(1,683
)
 
$
(2,282
)
 
$
(3,518
)
 
$
(4,189
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment income
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
1,000

 
1,000

Net realized investment gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
299

 
299

Other gains
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
3,714

 
3,714

Interest expense
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
(541
)
 
(541
)
Income (loss) before income taxes
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
$
954

 
$
283

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Balance Sheet Data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred policy acquisition cost
$
2,954

 
$
514

 
$
108

 
$
92

 
$
3,668

 
$
874

 
$
475

 
$
730

 
$
2,079

 
$

 
$
5,747

Unearned premiums
12,705

 
2,229

 
425

 
618

 
15,977

 
3,380

 
2,339

 
4,809

 
10,528

 

 
26,505

Loss and loss adjustment expense reserves
10,798

 
5,995

 
78

 
198

 
17,069

 
1,165

 
640

 
10,034

 
11,839

 

 
28,908

The following table summarizes our net earned premiums:
 
Net Earned Premium
 
2015
 
2014
 
2013
Commercial
73
%
 
62
%
 
57
%
Personal
27
%
 
38
%
 
43
%
Total
100
%
 
100
%
 
100
%