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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following tables present information by reportable operating segment (dollars in thousands):
Three Months Ended September 30, 2018
 
Commercial Lines
 
Personal Lines
 
Corporate
& Other
 
Total
Gross written premiums
 
$
24,806

 
$
1,823

 
$

 
$
26,629

Net written premiums
 
$
22,160

 
$
686

 
$

 
$
22,846

 
 
 
 
 
 
 
 
 
Net earned premiums
 
$
21,270

 
$
2,180

 
$

 
$
23,450

Other income
 
167

 
199

 
39

 
405

Total revenue
 
21,437

 
2,379

 
39

 
23,855

Losses and loss adjustment expenses, net
 
14,445

 
2,109

 

 
16,554

Policy acquisition costs
 
5,441

 
1,011

 

 
6,452

Operating expenses
 
3,969

 
416

 
401

 
4,786

Total expenses
 
23,855

 
3,536

 
401

 
27,792

Underwriting gain (loss)
 
$
(2,418
)
 
$
(1,157
)
 
$
(362
)
 
$
(3,937
)
 
 
 
 
 
 
 
 
 
Net investment income
 
 

 
 

 
786

 
786

Net realized investment gains
 
 

 
 

 
(21
)
 
(21
)
Change in fair value of equity securities
 
 
 
 
 
151

 
151

Interest expense
 
 
 
 
 
(598
)
 
(598
)
Income (loss) before equity earnings of affiliates and income taxes
 
 

 
 

 
$
(44
)
 
$
(3,619
)
Three Months Ended September 30, 2017
 
Commercial Lines
 
Personal Lines
 
Corporate
& Other
 
Total
Gross written premiums
 
$
23,509

 
$
6,072

 
$

 
$
29,581

Net written premiums
 
$
16,221

 
$
2,174

 
$

 
$
18,395

 
 
 
 
 
 
 
 
 
Net earned premiums
 
$
15,658

 
$
2,001

 
$

 
$
17,659

Other income
 
162

 
281

 
34

 
477

Total revenue
 
15,820

 
2,282

 
34

 
18,136

Losses and loss adjustment expenses, net
 
19,589

 
6,879

 

 
26,468

Policy acquisition costs
 
5,161

 
1,494

 

 
6,655

Operating expenses
 
3,322

 
808

 
344

 
4,474

Total expenses
 
28,072

 
9,181

 
344

 
37,597

Underwriting gain (loss)
 
$
(12,252
)
 
$
(6,899
)
 
(310
)
 
(19,461
)
 
 
 
 
 
 
 
 
 
Net investment income
 
 

 
 

 
768

 
768

Net realized investment gains
 
 

 
 

 
39

 
39

Interest expense
 
 

 
 

 
(303
)
 
(303
)
Income (loss) before equity earnings of affiliates and income taxes
 
 

 
 

 
$
194

 
$
(18,957
)


Nine Months Ended September 30, 2018
 
Commercial Lines
 
Personal Lines
 
Corporate
& Other
 
Total
Gross written premiums
 
$
71,602

 
$
5,326

 
$

 
$
76,928

Net written premiums
 
$
63,866

 
$
1,420

 
$

 
$
65,286

 
 
 
 
 
 
 
 
 
Net earned premiums
 
$
62,270

 
$
8,918

 
$

 
$
71,188

Other income
 
471

 
593

 
148

 
1,212

Total revenue
 
62,741

 
9,511

 
148

 
72,400

Losses and loss adjustment expenses, net
 
36,979

 
7,971

 

 
44,950

Policy acquisition costs
 
16,028

 
3,409

 

 
19,437

Operating expenses
 
11,294

 
1,134

 
848

 
13,276

Total expenses
 
64,301

 
12,514

 
848

 
77,663

Underwriting gain (loss)
 
$
(1,560
)
 
$
(3,003
)
 
(700
)
 
(5,263
)
 
 
 
 
 
 
 
 
 
Net investment income
 
 

 
 

 
2,425

 
2,425

Net realized investment gains
 
 

 
 

 
152

 
152

Change in fair value of equity securities
 
 
 
 
 
(116
)
 
(116
)
Interest Expense
 
 
 
 
 
(1,834
)
 
(1,834
)
Income (loss) before equity earnings of affiliates and income taxes
 
 

 
 

 
$
(73
)
 
$
(4,636
)

Nine Months Ended September 30, 2017
 
Commercial Lines
 
Personal Lines
 
Corporate
& Other
 
Total
Gross written premiums
 
$
66,258

 
$
16,778

 
$

 
$
83,036

Net written premiums
 
$
54,616

 
$
9,185

 
$

 
$
63,801

 
 
 
 
 
 
 
 
 
Net earned premiums
 
$
55,443

 
$
10,852

 
$

 
$
66,295

Other income
 
485

 
601

 
117

 
1,203

Total revenue
 
55,928

 
11,453

 
117

 
67,498

Losses and loss adjustment expenses, net
 
43,819

 
15,056

 

 
58,875

Policy acquisition costs
 
15,180

 
4,375

 

 
19,555

Operating expenses
 
8,231

 
1,967

 
3,176

 
13,374

Total expenses
 
67,230

 
21,398

 
3,176

 
91,804

Underwriting gain (loss)
 
$
(11,302
)
 
$
(9,945
)
 
(3,059
)
 
(24,306
)
 
 
 
 
 
 
 
 
 
Net investment income
 
 

 
 

 
2,008

 
2,008

Net realized investment gains (losses)
 
 

 
 

 
31

 
31

Other gains
 
 
 
 
 
750

 
750

Interest expense
 
 

 
 

 
(745
)
 
(745
)
Income (loss) before equity earnings of affiliates and income taxes
 
 

 
 

 
$
(1,015
)
 
$
(22,262
)