Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Debt securities, at fair value (amortized cost of $137,004 and $113,915, respectively)	$ 136,536	$ 113,163
Equity securities, at fair value (cost of $8,629 and $4,283, respectively)	9,687	4,579
Short-term investments, at fair value	11,427	10,788
Total investments	157,650	128,530
Cash	11,868	12,493
Premiums and agents' balances receivable, net	22,845	24,538
Receivable from Affiliate	1,195	1,751
Reinsurance recoverables on unpaid losses	20,066	6,658
Reinsurance recoverables on paid losses	4,473	840
Prepaid reinsurance premiums	1,081	4,120
Deferred policy acquisition costs	12,781	13,290
Other assets	7,073	11,481
Total assets	239,032	203,701
Liabilities:
Unpaid losses and loss adjustment expenses	87,896	54,651
Unearned premiums	57,672	58,126
Reinsurance premiums payable	3,299	0
Debt	29,027	17,750
Accounts payable and accrued expenses	8,312	5,380
Total liabilities	186,206	135,907
Commitment and contingencies
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 8,520,328 and 7,633,070 issued and outstanding, respectively)	86,199	80,342
Accumulated deficit	(33,010)	(11,468)
Accumulated other comprehensive income (loss)	(363)	(1,080)
Total shareholders' equity	52,826	67,794
Total liabilities and shareholders' equity	$ 239,032	$ 203,701