Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Investments:
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $714,817 in 2019; $514,237 in 2018)	$ 729,532	$ 510,251
Equity securities, at fair value (cost: $64,245 in 2019; $56,051 in 2018)	78,294	57,711
Total investments	807,826	567,962
Cash and cash equivalents	100,408	75,089
Investment income due and accrued	4,743	3,783
Premiums receivable, net	34,483	24,253
Reinsurance recoverables	72,574	56,788
Ceded unearned premiums	16,118	16,072
Deferred policy acquisition costs, net of ceding commissions	23,564	14,801
Intangible assets	3,538	3,538
Deferred income tax asset, net	3,374	7,176
Other assets	23,922	3,601
Total assets	1,090,550	773,063
Liabilities:
Reserves for unpaid losses and loss adjustment expenses	460,058	369,152
Unearned premiums	187,374	128,250
Payable to reinsurers	7,151	4,565
Accounts payable and accrued expenses	12,366	7,090
Credit facility	16,744	0
Other liabilities	977	20
Total liabilities	684,670	509,077
Commitments and contingencies
Stockholders' equity:
Common stock, $0.01 par value, 400,000,000 shares authorized, 22,205,665 shares issued and outstanding as of December 31, 2019; 21,241,504 shares issued and outstanding as of December 31, 2018	222	212
Additional paid-in capital	229,229	158,485
Retained earnings	162,911	106,545
Accumulated other comprehensive income (loss)	13,518	(1,256)
Stockholders' equity	405,880	263,986
Total liabilities and stockholders' equity	$ 1,090,550	$ 773,063