Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Fixed-maturity securities available for sale, at fair value (amortized cost: $514,980 in 2018; $422,255 in 2017)	$ 508,011	$ 425,191
Equity securities at fair value (cost: $52,658 in 2018)	61,448
Equity securities available or sale, at fair value (cost: $45,916 in 2017)		54,132
Total investments	569,459	479,323
Cash and cash equivalents	64,744	81,747
Investment income due and accrued	3,711	3,077
Premiums receivable, net	22,465	19,787
Reinsurance recoverables	64,949	49,593
Ceded unearned premiums	15,646	13,858
Deferred policy acquisition costs, net of ceding commissions	14,485	11,775
Intangible assets	3,538	3,538
Deferred income tax asset, net	6,129	2,492
Other assets	5,375	2,659
Total assets	770,501	667,849
Liabilities
Reserves for unpaid losses and loss adjustment expenses	365,814	315,717
Unearned premiums	125,574	103,110
Payable to reinsurers	5,313	3,226
Accounts payable and accrued expenses	5,726	6,519
Other liabilities	10,169	1,088
Total liabilities	512,596	429,660
Stockholders' Equity
Common stock, $0.01 par value, 400,000,000 shares authorized, 21,226,512 and 21,036,087 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	212	210
Additional paid-in capital	157,721	155,082
Retained earnings	103,584	73,502
Accumulated other comprehensive (loss) income	(3,612)	9,395
Total stockholders’ equity	257,905	238,189
Total liabilities and stockholders’ equity	$ 770,501	$ 667,849