Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets
Fixed-maturity securities available for sale, at fair value (amortized cost: $472,418 in 2018; $422,255 in 2017)	$ 467,922	$ 425,191
Equity securities at fair value (cost: $51,190 in 2018)	58,219
Equity securities available or sale, at fair value (cost: $45,916 in 2017)		54,132
Total investments	526,141	479,323
Cash and cash equivalents	79,670	81,747
Investment income due and accrued	3,343	3,077
Premiums receivable, net	24,023	19,787
Reinsurance recoverables	54,436	49,593
Ceded unearned premiums	14,463	13,858
Deferred policy acquisition costs, net of ceding commissions	14,123	11,775
Intangible assets	3,538	3,538
Deferred income tax asset, net	5,073	2,492
Other assets	4,093	2,659
Total assets	728,903	667,849
Liabilities
Reserves for unpaid losses and loss adjustment expenses	344,565	315,717
Unearned premiums	120,742	103,110
Payable to reinsurers	3,711	3,226
Accounts payable and accrued expenses	4,230	6,519
Other liabilities	7,710	1,088
Total liabilities	480,958	429,660
Stockholders' Equity
Common stock, $0.01 par value, 400,000,000 shares authorized, 21,169,384 and 21,036,087 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	211	210
Additional paid-in capital	156,264	155,082
Retained earnings	93,129	73,502
Accumulated other comprehensive (loss) income	(1,659)	9,395
Total stockholders’ equity	247,945	238,189
Total liabilities and stockholders’ equity	$ 728,903	$ 667,849