XML 83 R73.htm IDEA: XBRL DOCUMENT v3.23.3
Reinsurance - Additional information (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended
Jul. 01, 2023
USD ($)
Apr. 01, 2023
USD ($)
Aug. 31, 2023
USD ($)
Jul. 31, 2023
USD ($)
Sep. 30, 2023
USD ($)
placement
layer
Jun. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2023
USD ($)
Sep. 30, 2023
USD ($)
placement
layer
Sep. 30, 2022
USD ($)
Reinsurance Retention [Line Items]                    
Loss on reinsurance contract             $ 0   $ 41,201 $ 0
Reinsurance recoverable improvement         $ (7,043)          
Vesttoo | Homeowners of America Insurance Company                    
Reinsurance Retention [Line Items]                    
Reinsurance, collateral received from trust $ 47,600     $ 47,600            
Reinsurance, collateral, line of credit facility 300,000                  
Loss on reinsurance contract           $ 48,200        
Reinsurance, net asset due           $ 95,800        
Supplemental reinsurance coverage $ 166,000                  
Vesttoo | Homeowners of America Insurance Company | Forecast                    
Reinsurance Retention [Line Items]                    
Additional premium payments               $ 20,000    
Maximum | Vesttoo | Homeowners of America Insurance Company                    
Reinsurance Retention [Line Items]                    
Reinsurance coverage limit         $ 175,000          
Reinsurance Quota Share Program                    
Reinsurance Retention [Line Items]                    
Number of placements for reinsurance programs | placement         3       3  
Reinsurance Quota Share Program | Texas                    
Reinsurance Retention [Line Items]                    
Reinsured risk percentage                 42.00%  
Reinsurance Quota Share Program | South Carolina                    
Reinsurance Retention [Line Items]                    
Reinsured risk percentage                 7.00%  
Reinsurance Quota Share Program | Core program                    
Reinsurance Retention [Line Items]                    
Reinsured risk percentage                 9.50%  
Reinsurance Quota Share Program | Core locations outside of Texas                    
Reinsurance Retention [Line Items]                    
Reinsured risk percentage                 8.00%  
Reinsurance Quota Share Program | Combined program                    
Reinsurance Retention [Line Items]                    
Reinsured risk percentage                 5.00%  
Reinsurance Property Catastrophe Treaties                    
Reinsurance Retention [Line Items]                    
Number of retention layers for reinsurance policy | layer         4       4  
Excess amount retained   $ 440,000                
Reinsurance Property Catastrophe Treaties | Minimum                    
Reinsurance Retention [Line Items]                    
Amount retained     $ 20,000              
Reinsurance Property Catastrophe Treaties | Maximum                    
Reinsurance Retention [Line Items]                    
Amount retained     $ 80,000