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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Investment securities:    
Fixed maturity securities, at fair value (amortized cost of $121,914 and $113,915, respectively) $ 121,883 $ 113,163
Equity securities, at fair value (cost of $9,386 and $4,283, respectively) 10,157 4,579
Short-term investments, at fair value 13,815 10,788
Total investments 145,855 128,530
Cash 30,846 12,493
Premiums and agents' balances receivable, net 22,233 24,538
Receivable from affiliate 589 1,751
Reinsurance recoverables on unpaid losses 13,528 6,658
Reinsurance recoverables on paid losses 2,244 840
Ceded unearned premiums 1,082 4,120
Deferred policy acquisition costs 12,753 13,290
Other assets 7,179 11,481
Total assets 236,309 203,701
Liabilities:    
Unpaid losses and loss adjustment expenses 82,756 54,651
Unearned premiums 55,669 58,126
Reinsurance premiums payable 7,349 0
Debt 29,010 17,750
Accounts payable and other liabilities 9,031 5,380
Total liabilities 183,815 135,907
Commitments and contingencies 0 0
Shareholders' equity:    
Common stock, no par value (100,000,000 shares authorized; 8,518,488 and 7,633,070 issued and outstanding, respectively) 85,979 80,342
Accumulated deficit (33,231) (11,468)
Accumulated other comprehensive income (loss) (254) (1,080)
Total shareholders' equity 52,494 67,794
Total liabilities and shareholders' equity $ 236,309 $ 203,701