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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:              
Gross written premiums $ 58,346 $ 37,342 $ 112,377 $ 71,354 $ 154,891 $ 120,234 $ 82,287
Ceded written premiums (24,632) (26,674) (50,737) (40,436) (82,949) (46,951) (29,636)
Net written premiums 33,714 10,668 61,640 30,918 71,942 73,283 52,651
Change in unearned premiums (10,506) 7,611 (20,081) 5,327 (2,045) (17,738) (12,329)
Net earned premiums 23,208 18,279 41,559 36,245 69,897 55,545 40,322
Net investment income 1,483 729 2,443 1,346 3,238 2,125 1,615
Net realized and unrealized (losses) gains on investments 493 255 2,904 (366) (2,569) 608 499
Commission and other income 721 629 1,306 1,190 2,405 1,188 260
Total revenues 25,905 19,892 48,212 38,415 72,971 59,466 42,696
Expenses:              
Losses and loss adjustment expenses 643 732 959 1,670 6,274 12,125 7,292
Acquisition expenses 8,971 7,450 15,946 15,240 28,224 25,522 17,340
Other underwriting expenses 7,165 4,339 36,017 8,143 17,957 15,146 10,153
Interest expense 639 434 1,068 839 2,303 1,745 1,634
Total expenses 17,418 12,955 53,990 25,892 54,758 54,538 36,419
Income before income taxes 8,487 6,937 (5,778) 12,523 18,213 4,928 6,277
Income tax (benefit) expense 1,789 3 1,934 (4) (6) 1,145 (337)
Net income (loss) 6,698 6,934 (7,712) 12,527 18,219 3,783 6,614
Other comprehensive income, net:              
Net unrealized (losses) gains on securities available for sale, net of taxes of ($0), $704, and $734 for the years ended December 31, 2018, 2017 and 2016, respectively         (341) 1,522 1,475
Net comprehensive income (loss) $ 9,996 $ 6,843 $ (2,227) $ 11,537 $ 17,878 $ 5,305 $ 8,089
Per Share Data:              
Earnings per share, basic and diluted         $ 1.07 $ 0.22 $ 0.39
Weighted average common shares outstanding:         17,000,000 17,000,000 17,000,000