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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 9,004 $ (94,351)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Depreciation and amortization expense 3,430 5,754
Deferred federal income tax expense (benefit) 194 (6,513)
Investment (gains) losses, net (10,222) 22,894
Share-based payments expense 229 (400)
Impairment of goodwill and other intangibles   45,996
Change in ceded unearned premiums (2,987) 24,552
Change in premiums receivable 29,711 27,956
Change in accounts receivable (947) (1,681)
Change in deferred policy acquisition costs 11,029 5,154
Change in reserves for losses and loss adjustment expenses 26,913 169,413
Change in unearned premiums (36,379) (68,120)
Change in reinsurance recoverable (52,118) (180,709)
Change in reinsurance payable 56,808 (4,281)
Change in current federal income tax payable (recoverable) 6,474 (15,557)
Change in all other liabilities (1,556) (4,452)
Change in all other assets 4,185 5,018
Net cash provided by (used in) operating activities 43,768 (69,327)
Cash flows from investing activities:    
Purchases of property and equipment (1,910) (1,667)
Purchases of investment securities (132,461) (285,507)
Maturities, sales and redemptions of investment securities 338,972 409,861
Net cash provided by investing activities 204,601 122,687
Increase in cash and cash equivalents and restricted cash 248,369 53,360
Cash and cash equivalents and restricted cash at beginning of period 108,308 54,948
Cash and cash equivalents and restricted cash at end of period $ 356,677 $ 108,308