Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Fixed-maturity securities, available for sale, at fair value (amortized cost: $531,899 and $494,197, respectively and allowance for credit losses: $0 and $0, respectively)	$ 524,756	$ 483,901
Equity securities, at fair value (cost: $38,575 and $36,272, respectively)	37,415	34,583
Limited partnership investments	24,520	25,702
Investment in unconsolidated joint venture, at equity	0	18
Real estate investments	43,562	71,388
Total investments	630,253	615,592
Cash and cash equivalents	302,025	234,863
Restricted cash	2,987	2,900
Accrued interest and dividends receivable	2,525	1,952
Income taxes receivable	707	2,807
Premiums receivable, net (allowance: $10,054 and $5,362, respectively)	44,966	34,998
Prepaid reinsurance premiums	27,063	66,627
Reinsurance recoverable, net of allowance for credit losses:
Paid losses and loss adjustment expenses (allowance: $0 and $0 respectively)	36,896	71,594
Unpaid losses and loss adjustment expenses (allowance: $453 and $454, respectively)	559,804	616,765
Deferred policy acquisition costs	46,632	45,522
Property and equipment, net	26,734	17,910
Right-of-use assets - operating leases	1,466	777
Intangible assets, net	7,686	10,578
Funds withheld for assumed business	45,274	48,772
Other assets	36,104	31,671
Total assets	1,771,122	1,803,328
Liabilities and Equity
Losses and loss adjustment expenses	806,308	863,765
Unearned premiums	387,833	368,047
Advance premiums	25,834	18,587
Reinsurance payable on paid losses and loss adjustment expenses	7,043	8,606
Ceded reinsurance premiums payable	14,123	17,646
Accrued expenses	20,633	14,534
Reinsurance recovered in advance on unpaid losses	0	19,863
Deferred income taxes, net	3,160	1,704
Long-term debt	196,158	211,687
Lease liabilities - operating leases	1,422	721
Other liabilities	35,886	23,361
Total liabilities	1,498,400	1,548,521
Commitments and contingencies (Note 21)
Redeemable noncontrolling interest (Note 18)	92,865	93,553
Equity:
Common stock (no par value, 40,000,000 shares authorized, 8,596,673 and 8,598,682 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively)	0	0
Additional paid-in capital	332	0
Retained income	185,028	172,482
Accumulated other comprehensive loss, net of taxes	(5,098)	(9,886)
Total stockholders’ equity	180,262	162,596
Noncontrolling interests	(405)	(1,342)
Total equity	179,857	161,254
Total liabilities, redeemable noncontrolling interest and equity	$ 1,771,122	$ 1,803,328