| Schedule of Information by Reportable Segment |
The following tables present information by reportable segment (dollars in thousands):
|
|
|
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|
|
|
|
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|
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|
Three months ended March 31, 2026 |
|
Personal Lines |
|
|
Commercial Lines |
|
|
Corporate |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross written premiums |
|
$ |
11,487 |
|
|
$ |
(18 |
) |
|
$ |
— |
|
|
$ |
11,469 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net written premiums |
|
$ |
6,091 |
|
|
$ |
(16 |
) |
|
$ |
— |
|
|
$ |
6,075 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net earned premiums |
|
$ |
5,792 |
|
|
$ |
133 |
|
|
$ |
— |
|
|
$ |
5,925 |
|
Segment revenue |
|
|
5,792 |
|
|
|
133 |
|
|
|
— |
|
|
|
5,925 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Losses and LAE, net |
|
|
3,600 |
|
|
|
(271 |
) |
|
|
— |
|
|
|
3,329 |
|
Policy acquisition costs |
|
|
1,558 |
|
|
|
— |
|
|
|
— |
|
|
|
1,558 |
|
Operating expenses |
|
|
512 |
|
|
|
865 |
|
|
|
723 |
|
|
|
2,100 |
|
Segment expenses |
|
|
5,670 |
|
|
|
594 |
|
|
|
723 |
|
|
|
6,987 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment gain (loss) |
|
$ |
122 |
|
|
$ |
(461 |
) |
|
$ |
(723 |
) |
|
$ |
(1,062 |
) |
Net investment income |
|
|
|
|
|
|
|
|
1,110 |
|
|
|
1,110 |
|
Net realized investment gains (losses) |
|
|
|
|
|
|
|
|
(14 |
) |
|
|
(14 |
) |
Change in fair value of equity securities |
|
|
|
|
|
|
|
|
30 |
|
|
|
30 |
|
Change in fair value of contingent considerations |
|
|
|
|
|
|
|
|
4,490 |
|
|
|
4,490 |
|
Other income |
|
|
|
|
|
|
|
|
6 |
|
|
|
6 |
|
Interest expense |
|
|
|
|
|
|
|
|
1,976 |
|
|
|
1,976 |
|
Income (loss) before income taxes |
|
$ |
122 |
|
|
$ |
(461 |
) |
|
$ |
2,923 |
|
|
$ |
2,584 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, 2025 |
|
Personal Lines |
|
|
Commercial Lines |
|
|
Corporate |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross written premiums |
|
$ |
14,126 |
|
|
$ |
2,047 |
|
|
$ |
— |
|
|
$ |
16,173 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net written premiums |
|
$ |
12,444 |
|
|
$ |
(1,604 |
) |
|
$ |
— |
|
|
$ |
10,840 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net earned premiums |
|
$ |
8,984 |
|
|
$ |
1,331 |
|
|
$ |
— |
|
|
$ |
10,315 |
|
Other income |
|
|
23 |
|
|
|
— |
|
|
|
42 |
|
|
|
65 |
|
Segment revenue |
|
|
9,007 |
|
|
|
1,331 |
|
|
|
42 |
|
|
|
10,380 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Losses and LAE, net |
|
|
7,769 |
|
|
|
1,505 |
|
|
|
— |
|
|
|
9,274 |
|
Policy acquisition costs |
|
|
2,724 |
|
|
|
(47 |
) |
|
|
— |
|
|
|
2,677 |
|
Operating expenses |
|
|
2,192 |
|
|
|
384 |
|
|
|
285 |
|
|
|
2,861 |
|
Segment expenses |
|
|
12,685 |
|
|
|
1,842 |
|
|
|
285 |
|
|
|
14,812 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment gain (loss) |
|
$ |
(3,678 |
) |
|
$ |
(511 |
) |
|
$ |
(243 |
) |
|
$ |
(4,432 |
) |
Net investment income |
|
|
|
|
|
|
|
|
1,289 |
|
|
|
1,289 |
|
Net realized investment gains (losses) |
|
|
|
|
|
|
|
|
3 |
|
|
|
3 |
|
Change in fair value of equity securities |
|
|
|
|
|
|
|
|
(192 |
) |
|
|
(192 |
) |
Change in fair value of contingent considerations |
|
|
|
|
|
|
|
|
4,395 |
|
|
|
4,395 |
|
Interest expense |
|
|
|
|
|
|
|
|
541 |
|
|
|
541 |
|
Income (loss) before income taxes |
|
$ |
(3,678 |
) |
|
$ |
(511 |
) |
|
$ |
4,711 |
|
|
$ |
522 |
|
|