Condensed Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Summary of Condensed Quarterly Financial Data

The following is a summary of quarterly financial data for the periods indicated:

	March 31,			June 30,			September30,			December 31,
amounts in thousands, except  per share amounts	2018			2018			2018			2018
Gross Written Premiums	$	495,224		$	497,236		$	455,943		$	464,558
Revenues:
Net Written Premiums	$	393,262		$	379,292		$	352,412		$	346,119
Change in Unearned Premiums		(70,635	)		(48,277	)		(5,374	)		16,424
Net Earned Premiums	$	322,627		$	331,015		$	347,038		$	362,543
Net Investment Income		23,702			24,601			25,651			29,159
Net Realized and Unrealized Gains (Losses):
Total Other-Than-Temporary Impairment Losses		(37	)		(18	)		(15	)		(48	)
Portion of Loss Recognized in Other Comprehensive Income		37			18			15			48
Net Other-Than-Temporary Impairment Losses Recognized in Earnings		—			—			—			—
Net Realized Gains (Losses) on Investments Sold		1,169			1,787			253			(220	)
Net Unrealized Gains (Losses) on Equity   Securities		(3,181	)		1,329			2,310			(33,795	)
Total Net Realized and Unrealized Gains (Losses)		(2,012	)		3,116			2,563			(34,015	)
Other Income (Loss)		(117	)		2,628			1,724			2,934
Total Revenues	$	344,200		$	361,360		$	376,976		$	360,621
Expenses:
Net Losses and LAE	$	186,145		$	196,333		$	240,900		$	270,401
Commission Expenses		54,152			53,193			57,999			54,800
Other Operating Expenses		62,926			68,182			67,584			62,532
Merger Transaction Costs		—			—			2,439			1,511
Interest Expense		3,864			3,864			3,891			3,866
Total Expenses	$	307,087		$	321,572		$	372,813		$	393,110
Income (Loss) Before Income Taxes		37,113			39,788			4,163			(32,489	)
Income Tax Expense (Benefit)	$	6,235		$	7,684		$	(462	)	$	879
Net Income (Loss)	$	30,878		$	32,104		$	4,625		$	(33,368	)
Comprehensive Income (Loss)	$	(2,962	)	$	15,373		$	(2,681	)	$	(41,960	)
Combined Ratio		94.0	%		96.0	%		105.3	%		106.6	%
Net Income (Loss) per Share:
Basic	$	1.04		$	1.08		$	0.16		$	(1.12	)
Diluted	$	1.02		$	1.07		$	0.15		$	(1.12	)

	March 31,			June 30,			September 30,			December 31,
amounts in thousands, except  per share amounts	2017			2017			2017			2017
Gross Written Premiums	$	450,305		$	452,179		$	402,038		$	408,743
Revenues:
Net Written Premiums	$	337,163		$	333,282		$	296,016		$	304,869
Change in Unearned Premiums		(51,032	)		(39,447	)		5,339			230
Net Earned Premiums	$	286,131		$	293,835		$	301,355		$	305,099
Net Investment Income		21,448			22,265			22,598			22,982
Total Other-Than-Temporary Impairment Losses		(1,077	)		29			(957	)		3
Portion of Loss Recognized in Other Comprehensive Income		(16	)		(29	)		(15	)		(3	)
Net Other-Than-Temporary Impairment Losses    Recognized in Earnings		(1,093	)		—			(972	)		—
Net Realized Gains		1,049			1,694			5,190			37,141
Other Income (Loss)		1,068			(411	)		(1,699	)		(3,201	)
Total Revenues	$	308,603		$	317,383		$	326,472		$	362,021
Expenses:
Net Losses and LAE	$	169,600		$	177,110		$	276,171		$	183,384
Commission Expenses		47,844			48,173			45,509			43,205
Other Operating Expenses		58,538			60,766			45,773			68,153
Interest Expense		3,861			3,861			3,862			3,863
Total Expenses	$	279,843		$	289,910		$	371,315		$	298,605
Income (Loss) Before Income Taxes		28,760			27,473			(44,843	)		63,416
Income Tax Expense (Benefit)	$	7,650		$	6,971		$	(16,864	)	$	36,555
Net Income (Loss)	$	21,110		$	20,502		$	(27,979	)	$	26,861
Comprehensive Income (Loss)	$	35,911		$	35,699		$	(18,311	)	$	(1,812	)
Combined Ratio		96.4	%		97.3	%		121.9	%		96.6	%
Net Income (Loss) per Share:
Basic	$	0.72		$	0.70		$	(0.95	)	$	0.91
Diluted	$	0.70		$	0.69		$	(0.95	)	$	0.89