Concentration of Operations

12 Months Ended

Dec. 31, 2023

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 2023, 2022 and 2021 for the top ten states in 2023 and all others are shown below:

	2023					2022					2021
	Dollars		Percent			Dollars		Percent			Dollars		Percent
	(Dollars in thousands)
Florida	$	33,838		12.7	%	$	31,955		11.8	%	$	31,514		11.4	%
Georgia		30,504		11.4	%		30,831		11.3	%		34,772		12.6	%
Louisiana		21,150		7.9	%		21,804		8.0	%		20,476		7.4	%
Pennsylvania		19,963		7.5	%		21,017		7.7	%		19,574		7.1	%
North Carolina		16,432		6.2	%		17,883		6.6	%		15,964		5.8	%
Illinois		13,072		4.9	%		12,209		4.5	%		13,680		5.0	%
Wisconsin		11,724		4.4	%		12,007		4.4	%		13,108		4.7	%
Virginia		10,400		3.8	%		11,537		4.3	%		12,579		4.6	%
South Carolina		9,050		3.4	%		9,808		3.6	%		9,186		3.3	%
Minnesota		8,845		3.3	%		9,827		3.6	%		10,612		3.8	%
All others		92,147		34.5	%		92,820		34.2	%		94,528		34.3	%
Total net premiums earned	$	267,125		100.0	%	$	271,698		100.0	%	$	275,993		100.0	%