v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost $2,340,146 and $2,239,173) $ 2,283,519 $ 2,205,350
Mortgage loans (net of allowance for credit loss of $284 and $286) 30,522 30,830
Other long-term investments 220,933 228,507
Total investments 2,534,974 2,464,687
Cash and cash equivalents 139,445 156,332
Accrued investment income 18,655 18,243
Premiums receivable (net of allowance for doubtful accounts of $2,508 and $1,899) 599,693 497,920
Deferred policy acquisition costs 175,889 158,184
Property and equipment, at cost (less accumulated depreciation of $86,503 and $85,555) 128,062 132,631
Reinsurance receivables (net of allowance for credit losses of $85 and $121) 236,195 238,508
Prepaid reinsurance premiums 34,383 32,357
Intangible assets 3,020 3,197
Deferred tax asset 19,686 15,448
Income taxes receivable 0 532
Other assets 124,364 122,750
Total assets 4,014,366 3,840,789
Liabilities    
Losses and loss settlement expenses 1,990,417 1,924,826
Unearned premium 749,507 660,210
Accrued expenses and other liabilities 149,250 168,383
Income taxes payable 1,505 0
Long term debt 146,350 146,200
Total liabilities 3,037,029 2,899,619
Stockholders' Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,704,420 and 25,522,051 shares issued and outstanding 26 25
Additional paid-in capital 226,951 223,887
Retained earnings 775,379 722,321
Accumulated other comprehensive income (loss), net of tax (25,019) (5,063)
Total stockholders' equity 977,337 941,170
Total liabilities and stockholders' equity $ 4,014,366 $ 3,840,789