Underwriting Information

3 Months Ended

Mar. 31, 2020

12. Underwriting information

The Company has a single reportable segment and offers primarily earthquake, wind, and flood insurance products. Gross written premiums (GWP) by product are presented below:


	Three Months Ended March 31,
	2020				2019
	($ in thousands)
			% of				% of
	Amount		GWP		Amount		GWP
Product
Residential Earthquake	$	28,756	40.2	%	$	29,308	54.3	%
Commercial All Risk		12,456	17.4	%		7,565	14.0	%
Commercial Earthquake		10,848	15.2	%		6,532	12.1	%
Specialty Homeowners		9,845	13.8	%		7,780	14.4	%
Hawaii Hurricane		2,695	3.8	%		2,074	3.8	%
Residential Flood		1,526	2.1	%		772	1.4	%
Other		5,368	7.5	%		—	—	%
Total Gross Written Premiums	$	71,494	100.0	%	$	54,031	100.0	%

Gross written premiums by state are as follows:


	Three Months Ended March 31,
	2020				2019
	($ in thousands)
			% of				% of
	Amount		GWP		Amount		GWP
State
California	$	32,751	45.8	%	$	30,449	56.4	%
Texas		15,791	22.1	%		10,439	19.3	%
Hawaii		3,052	4.3	%		2,091	3.9	%
Washington		2,606	3.6	%		1,594	3.0	%
South Carolina		2,410	3.4	%		1,669	3.1	%
Oregon		2,097	2.9	%		1,456	2.7	%
North Carolina		1,684	2.4	%		740	1.4	%
Alabama		1,529	2.1	%		1,010	1.9	%
Other		9,574	13.4	%		4,583	8.3	%
Total Gross Written Premiums	$	71,494	100.0	%	$	54,031	100.0	%