Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investments:
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $514,237 in 2018; $422,255 in 2017)	$ 510,251	$ 425,191
Equity securities at fair value (cost: $56,051 in 2018)	57,711
Equity securities available or sale, at fair value (cost: $45,916 in 2017)		54,132
Total investments	567,962	479,323
Cash and cash equivalents	75,089	81,747
Investment income due and accrued	3,783	3,077
Premiums receivable, net	24,253	19,787
Reinsurance recoverables	56,788	49,593
Ceded unearned premiums	16,072	13,858
Deferred policy acquisition costs, net of ceding commissions	14,801	11,775
Intangible assets	3,538	3,538
Deferred income tax asset, net	7,176	2,492
Other assets	3,601	2,659
Total assets	773,063	667,849
Liabilities:
Reserves for unpaid losses and loss adjustment expenses	369,152	315,717
Unearned premiums	128,250	103,110
Payable to reinsurers	4,565	3,226
Accounts payable and accrued expenses	7,090	6,519
Other liabilities	20	1,088
Total liabilities	509,077	429,660
Commitments and contingencies
Stockholders' equity:
Common stock, $0.01 par value, 400,000,000 shares authorized, 21,241,504 shares issued and outstanding as of December 31, 2018; 21,036,087 shares issued and outstanding as of December 31, 2017	212	210
Additional paid-in capital	158,485	155,082
Retained earnings	106,545	73,502
Accumulated other comprehensive (loss) income	(1,256)	9,395
Stockholders' equity	263,986	238,189
Total liabilities and stockholders' equity	$ 773,063	$ 667,849