Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES
Net income	$ 41,246	$ 14,363
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock-based compensation	2,248	2,126
Bond amortization and accretion	(2,500)	(2,484)
Amortization of original issuance discount on debt	642	362
Named intangible asset impairment	0	767
Depreciation and amortization	6,733	6,463
Allowance for (recovery) bad debt	(687)	52
Expected credit allowance on reinsurance	0	152
Net realized (gains) losses	(17)	49
Deferred income taxes, net	(4,734)	(439)
Changes in operating assets and liabilities:
Accrued investment income	(1,162)	92
Premiums receivable, net	3,607	12,441
Prepaid reinsurance premiums	(106,800)	(96,707)
Reinsurance recoverable on paid and unpaid claims	40,850	77,472
Income taxes receivable	4,611	(2,754)
Deferred policy acquisition costs, net	(6,557)	(4,481)
Right of use leased asset	2,676	2,087
Other assets	(287)	(1,551)
Unpaid losses and loss adjustment expenses	(70,487)	(160,486)
Unearned premiums	48,505	32,231
Reinsurance payable	184,663	82,860
Accrued interest	(529)	(441)
Accrued compensation	(2,149)	2,017
Advance premiums	4,036	7,190
Operating lease liabilities	(2,601)	(1,905)
Other liabilities	1,866	1,182
Net cash provided by (used in) operating activities	143,173	(29,342)
INVESTING ACTIVITIES
Fixed maturity securities sales, maturities and pay downs	99,881	241,983
Fixed maturity securities purchases	(188,105)	(250,783)
Equity securities reinvestment of dividends	(270)	(226)
Sale on other investment and return on capital	319	5,080
Cost of property and equipment acquired	(5,667)	(8,445)
Net cash used in investing activities	(93,842)	(12,391)
FINANCING ACTIVITIES
Repayment of term note	(7,125)	(7,125)
Mortgage loan payments	(198)	(114)
Proceeds from loan agreement	5,500	0
Additional costs associated with public offering	(3)	0
Tax withholding on share-based compensation awards	0	(8)
Dividends forfeited (paid)	54	(11)
Net cash used in financing activities	(1,772)	(7,258)
Increase (decrease) in cash, cash equivalents, and restricted cash	47,559	(48,991)
Cash, cash equivalents and restricted cash, beginning of period	473,339	287,572
Cash, cash equivalents and restricted cash, end of period	520,898	238,581
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Income taxes paid	12,696	7,664
Interest paid	$ 7,224	$ 6,803