Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Fixed maturity securities, at fair value (amortized cost of $108,390 and $107,213, respectively)	$ 109,671	$ 107,093
Equity securities, at fair value (cost of $3,339 and $3,341, respectively)	4,380	4,240
Short-term investments, at fair value	5,142	6,391
Total investments	119,193	117,724
Cash	15,843	12,703
Premiums and agents' balances receivable, net	19,321	18,010
Receivable from affiliate	1,907	1,792
Reinsurance recoverables on unpaid losses	5,015	5,405
Reinsurance recoverables on paid losses	1,039	1,639
Ceded unearned premiums	3,988	3,483
Deferred policy acquisition costs	12,221	12,102
Other assets	5,497	5,069
Total assets	184,024	177,927
Liabilities:
Unpaid losses and loss adjustment expenses	38,488	35,422
Unearned premiums	49,763	47,916
Reinsurance premiums payable	1,369	1,069
Senior debt	13,250	12,750
Accounts payable and accrued expenses	3,768	2,758
Other liabilities	637	750
Total liabilities	$ 107,275	$ 100,665
Commitments and contingencies
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 7,610,659 and 7,644,492 issued and outstanding, respectively)	$ 80,084	$ 80,111
Accumulated deficit	(5,059)	(3,031)
Accumulated other comprehensive income	1,724	182
Total shareholders' equity	76,749	77,262
Total liabilities and shareholders' equity	$ 184,024	$ 177,927