Concentration of Operations

12 Months Ended

Dec. 31, 2022

Concentration Of Operations [Abstract]

Concentration of Operations

17.Concentration of Operations

The Company derives its premium revenues from its operations in the workers’ compensation insurance line of business.

Net premiums earned during 2022, 2021 and 2020 for the top ten states in 2022 and all others are shown below:

	2022					2021					2020
	Dollars		Percent			Dollars		Percent			Dollars		Percent
	(Dollars in thousands)
Florida	$	31,955		11.8	%	$	31,514		11.4	%	$	34,617		11.4	%
Georgia		30,831		11.3	%		34,772		12.6	%		37,926		12.5	%
Louisiana		21,804		8.0	%		20,476		7.4	%		22,668		7.4	%
Pennsylvania		21,017		7.7	%		19,574		7.1	%		24,340		8.0	%
North Carolina		17,883		6.6	%		15,964		5.8	%		17,338		5.7	%
Illinois		12,209		4.5	%		13,680		5.0	%		14,802		4.9	%
Wisconsin		12,007		4.4	%		13,108		4.7	%		12,263		4.0	%
Virginia		11,537		4.3	%		12,579		4.6	%		14,041		4.6	%
Minnesota		9,827		3.6	%		10,612		3.8	%		11,057		3.6	%
South Carolina		9,808		3.6	%		9,186		3.3	%		11,270		3.7	%
All others		92,820		34.2	%		94,528		34.3	%		104,105		34.2	%
Total net premiums earned	$	271,698		100.0	%	$	275,993		100.0	%	$	304,427		100.0	%