Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Investment securities:
Debt securities, at fair value (amortized cost of $125,018 and $137,004, respectively)	$ 121,996	$ 136,536
Equity securities, at fair value (cost of $8,890 and $8,629, respectively)	9,832	9,687
Short-term investments, at fair value	9,905	11,427
Total investments	141,733	157,650
Cash	16,455	11,868
Premiums and agents' balances receivable, net	22,415	22,845
Receivable from affiliate	1,321	1,195
Reinsurance recoverables on unpaid losses	27,118	20,066
Reinsurance recoverables on paid losses	2,540	4,473
Prepaid reinsurance premiums	1,498	1,081
Deferred policy acquisition costs	11,843	12,781
Other assets	8,074	7,073
Total assets	232,997	239,032
Liabilities:
Unpaid losses and loss adjustment expenses	91,046	87,896
Unearned premiums	51,701	57,672
Reinsurance premiums payable	0	3,299
Debt	29,750	29,027
Accounts payable and other liabilities	13,961	8,312
Total liabilities	186,458	186,206
Commitments and contingencies
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 8,602,703 and 8,520,328 issued and outstanding, respectively)	86,915	86,199
Accumulated deficit	(36,982)	(33,010)
Accumulated other comprehensive income (loss)	(3,394)	(363)
Total shareholders' equity	46,539	52,826
Total liabilities and shareholders' equity	$ 232,997	$ 239,032