v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost $2,413,286 and $2,239,173) $ 2,267,816 $ 2,205,350
Mortgage loans (net of allowance for credit loss of $284 and $286) 30,365 30,830
Other long-term investments 230,368 228,507
Total investments 2,528,549 2,464,687
Cash and cash equivalents 150,741 156,332
Accrued investment income 18,584 18,243
Premiums receivable (net of allowance for doubtful accounts of $2,415 and $1,899) 625,845 497,920
Deferred policy acquisition costs 176,665 158,184
Property and equipment, at cost (less accumulated depreciation of $88,991 and $85,555) 127,163 132,631
Reinsurance receivables (net of allowance for credit losses of $106 and $121) 250,982 238,508
Prepaid reinsurance premiums 35,875 32,357
Intangible assets 3,020 3,197
Deferred tax asset 39,322 15,448
Income taxes receivable 2,270 532
Other assets 124,275 122,750
Total assets 4,083,291 3,840,789
Liabilities    
Losses and loss settlement expenses 2,062,147 1,924,826
Unearned premium 759,966 660,210
Accrued expenses and other liabilities 175,856 168,383
Long term debt 146,428 146,200
Total liabilities 3,144,397 2,899,619
Stockholders' Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,719,049 and 25,522,051 shares issued and outstanding 26 25
Additional paid-in capital 229,426 223,887
Retained earnings 805,264 722,321
Accumulated other comprehensive income (loss), net of tax (95,822) (5,063)
Total stockholders' equity 938,894 941,170
Total liabilities and stockholders' equity $ 4,083,291 $ 3,840,789