XML 84 R70.htm IDEA: XBRL DOCUMENT v3.22.0.1
Income Taxes - Temporary Differences (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Deferred tax assets:    
Discounting of loss reserves $ 5,447 $ 5,421
Discounting of unearned premium reserve 16,813 17,217
Bad debt allowance 430 433
Employee benefits 4,364 3,609
Rent incentive 797 912
Total deferred tax assets before valuation allowance 27,851 27,592
Total deferred tax assets 27,851 27,592
Deferred tax liabilities:    
Deferred acquisition costs (15,335) (15,742)
Investments (10,319) (4,349)
Net unrealized gains on investments (11,025) (18,720)
Loss reserve transition adjustment (1,108) (1,385)
Software development costs (3,591) (3,053)
Premium acquisition expenses (380) (379)
Depreciation (1,333) (1,575)
Total deferred tax liabilities (43,091) (45,203)
Net deferred tax liability (15,240) (17,611)
Unrecognized tax benefits 0 0
Unrecognized tax benefits if recognized would affect the effective tax rate 0 0
Unrecognized tax benefits interest and penalties accrued $ 0 $ 0