v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net premiums earned $ 65,017 $ 73,005 $ 120,130 $ 140,502
Net investment income 2,810 3,146 5,465 5,984
Net investment gains (losses) 2,063 (410) 3,767 459
Fee and other income 344 316 474 546
Total revenues 70,234 76,057 129,836 147,491
Expenses:        
Losses and loss adjustment expenses 48,417 66,607 71,773 105,132
Amortization of deferred policy acquisition costs 12,236 16,374 24,122 32,902
Other underwriting and general expenses 9,351 8,400 18,001 17,032
Total expenses 70,004 91,381 113,896 155,066
Income (loss) before income taxes 230 (15,324) 15,940 (7,575)
Income tax expense (benefit) 84 (3,273) 3,286 (1,984)
Net income (loss) $ 146 $ (12,051) $ 12,654 $ (5,591)
Earnings per common share:        
Basic (in Dollars per share) $ 0.01 $ (0.57) $ 0.61 $ (0.27)
Diluted (in Dollars per share) $ 0.01 $ (0.57) $ 0.61 $ (0.27)
Share data:        
Weighted average common shares outstanding used in basic per common share calculations (in Shares) 20,811,048 21,039,090 20,843,029 21,027,073
Dilutive securities – restricted stock units and performance share units 63,600 61,665
Weighted average common shares used in diluted per common share calculations (in Shares) 20,874,648 21,039,090 20,904,694 21,027,073