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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
2022 Quarters
2022
FirstSecondThirdFourthYear
(In Thousands, except per share data)
Net premiums earned$116,495 $120,870 $118,317 $119,584 $475,266 
Net investment income10,199 10,921 11,945 13,341 46,406 
Net realized investment gains408 53 14 481 
Other revenues339 376 301 176 1,192 
Insurance claims and claim (benefit) expenses (619)(3,036)(3,389)3,450 (3,594)
Underwriting and operating expenses 32,935 30,700 27,144 26,711 117,490 
Service expenses430 336 197 131 1,094 
Interest expense8,041 8,051 8,036 8,035 32,163 
Gain from change in fair value of warrant liability (93)(1,020)— — (1,113)
Income before income taxes86,747 97,189 98,589 94,780 377,305 
Income tax expense 19,067 21,745 21,751 21,840 84,403 
Net income $67,680 $75,444 $76,838 $72,940 $292,902 
Basic earnings per share (1)
$0.79 $0.88 $0.91 $0.87 $3.45 
Diluted earnings per share (1)
$0.77 $0.86 $0.90 $0.86 $3.39 
Weighted average common shares outstanding - basic85,953 85,734 84,444 83,592 84,921
Weighted average common shares outstanding - diluted87,310 86,577 85,485 84,809 85,999
(1)    Due to the use of weighted average shares outstanding when calculating EPS, the sum of quarterly per share data may not equal the per share data for the year.
2021 Quarters
2021
FirstSecondThirdFourthYear
(In Thousands, except per share data)
Net premiums earned$105,879 $110,888 $113,594 $113,933 $444,294 
Net investment income8,814 9,382 9,831 10,045 38,072 
Net realized investment gains— 12 714 729 
Other revenues501 483 613 380 1,977 
Insurance claims and claim expenses (benefits)4,962 4,640 3,204 (500)12,305 (2)
Underwriting and operating expenses34,065 34,725 34,669 38,843 142,303 (2)
Service expenses591 481 787 650 2,509 
Interest expense7,915 7,922 7,930 8,029 31,796 
Loss (gain) from change in fair value of warrant liability205 (658)— (112)(566)(2)
Income before income taxes67,456 73,655 77,451 78,162 296,725 (2)
Income tax expense 14,565 16,133 17,258 17,639 65,595 
Net income $52,891 $57,522 $60,193 $60,523 $231,130 (2)
Basic earnings per share (1)
$0.62 $0.67 $0.70 $0.71 $2.70 
Diluted earnings per share (1)
$0.61 $0.65 $0.69 $0.69 $2.65 
Weighted average common shares outstanding - basic85,317 85,647 85,721 85,757 85,620 
Weighted average common shares outstanding - diluted86,487 86,819 86,880 87,117 86,885 
(1)    Due to the use of weighted average shares outstanding when calculating EPS, the sum of quarterly per share data may not equal the per share data for the year.
(2)    May not foot by summing up the quarterly results due to rounding.