Schedule II - Condensed Financial Information of Parent Company (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Condensed Balance Sheet [Table Text Block]

	December 31, 2023			December 31, 2022
Assets
Investments:
Fixed maturity securities available for sale, at fair value (amortized cost: $51,946 in 2023, $51,993 in 2022)	$	48,626		$	45,511
Equity securities, at fair value: (cost: $1,725 in 2023, $1,725 in 2022)		1,835			1,626
Equity method investment		2,617			—
Total investments		53,078			47,137
Cash and cash equivalents		314			781
Accrued investment income		345			320
Prepaid expenses and other assets		3,780			2,267
Receivables from subsidiaries		51,967			3,689
Note receivable from subsidiary		15,000			—
Investment in subsidiaries		530,690			405,525
Total assets	$	655,174		$	459,719
Liabilities and Stockholders' equity
Liabilities:
Accounts payable and other liabilities	$	10,120		$	7,359
Payables to subsidiaries		157,404			57,324
Federal income tax payable		16,398			10,282
Total liabilities		183,922			74,965
Stockholders' equity:
Common stock, $0.0001 par value, 500,000,000 shares authorized, 24,772,987 and 25,027,467 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively		3			3
Additional paid‑in capital		350,597			333,557
Accumulated other comprehensive income (loss)		(23,991	)		(36,514	)
Retained earnings		144,643			87,708
Total stockholders' equity		471,252			384,754
Total liabilities and stockholders' equity	$	655,174		$	459,719

Condensed Income Statement [Table Text Block]

	Year Ended December 31,
	2023			2022			2021
Revenues:
Net investment income	$	1,699		$	1,048		$	555
Net realized and unrealized gains (losses) on investments		(209	)		(320	)		217
Total revenues		1,490			728			772
Expenses:
Other operating expenses		39,347			33,292			19,480
Loss before income taxes		(37,857	)		(32,564	)		(18,708	)
Income tax (benefit) expense		(7,953	)		(8,464	)		11,039
Loss before equity in net income of subsidiaries		(29,904	)		(24,100	)		(29,747	)
Equity in net income of subsidiaries		109,105			76,270			75,594
Net income	$	79,201		$	52,170		$	45,847
Other comprehensive income:
Net unrealized (losses) gains on securities available for sale		(2,505	)		(3,997	)		580
Equity in other comprehensive income (loss) of subsidiaries, net of taxes		15,029			(37,830	)		(8,514	)
Total comprehensive income	$	91,725		$	10,343		$	37,913

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
	2023			2022			2021
Operating activities
Net income	$	79,201		$	52,170		$	45,847
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries		(109,105	)		(76,270	)		(75,594	)
Stock-based compensation expense		10,426			8,820			4,755
Net realized and unrealized (losses) gains on investments		209			320			(217	)
Amortization of premium on fixed maturity securities		189			347			443
Deferred income tax expense		2,787			7,210			634
Changes in operating assets and liabilities:		37,777			36,449			13,596
Net cash provided by (used in) operating activities		21,484			29,046			(10,536	)
Investing activities
Purchases of fixed maturity securities		(11,045	)		(9,807	)		(2,177	)
Sales and maturities of fixed maturity securities		9,232			8,488			11,396
Cash paid to subsidiaries		—			—			(15,595	)
Cash received from subsidiaries		—			—			27,100
Net cash (used in) provided by investing activities		(1,813	)		(1,319	)		20,724
Financing activities
Proceeds from common stock issued via equity incentive plans		2,038			3,032			2,811
Policyholder contribution to surplus		90			—			—
Repurchase of common stock		(22,266	)		(34,415	)		(15,852	)
Net cash used in financing activities		(20,138	)		(31,383	)		(13,041	)
Net decrease in cash and cash equivalents		(467	)		(3,656	)		(2,853	)
Cash and cash equivalents at beginning of period		781			4,437			7,290
Cash and cash equivalents at end of period	$	314		$	781		$	4,437
Supplementary cash flow information:
Cash paid for income taxes	$	21,124		$	18,890		$	2,104
Cash paid for interest	$	3,682		$	704		$	—