FedNat Holding (FNHCQ) 10-K 7 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 01, 2019	Jun. 30, 2018
Document and Entity Information [Abstract]
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Entity Registrant Name	FedNat Holding Co
Entity Central Index Key	1,069,996
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 271,751,346
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Entity Common Stock, Shares Outstanding		12,784,444

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investments:
Debt securities, available-for-sale, at fair value (amortized cost of $433,664 and $422,300, respectively)	$ 428,641	$ 423,238
Debt securities, held-to-maturity, at amortized cost	5,126	5,349
Equity securities, at fair value	17,758	15,434
Total investments (including $0 and $26,284 related to the VIE, respectively)	451,525	444,021
Cash and cash equivalents (including $0 and $14,211 related to the VIE, respectively)	64,423	86,228
Prepaid reinsurance premiums	108,577	135,492
Premiums receivable, net of allowance of $77 and $70, respectively (including $0 and $1,184 related to the VIE, respectively)	29,791	46,393
Reinsurance recoverable, net	211,424	124,601
Deferred acquisition costs, net	39,436	40,893
Income taxes, net	5,220	9,817
Property and equipment, net	4,819	4,025
Other assets (including $0 and $2,322 related to the VIE, respectively)	10,156	13,403
Total assets	925,371	904,873
Liabilities
Loss and loss adjustment expense reserves	296,230	230,515
Unearned premiums	281,992	294,423
Reinsurance payable	63,599	71,944
Long-term debt, net of deferred financing costs of $596 and $749, respectively	44,404	49,251
Deferred revenue	4,585	6,222
Other liabilities	19,302	25,059
Total liabilities	710,112	677,414
Shareholders' Equity
Preferred stock, $0.01 par value: 1,000,000 shares authorized	0	0
Common stock, $0.01 par value: 25,000,000 shares authorized; 12,784,444 and 12,988,247 shares issued and outstanding, respectively	128	130
Additional paid-in capital	141,128	139,728
Accumulated other comprehensive income (loss)	(3,750)	1,770
Retained earnings	77,753	70,009
Total shareholders’ equity attributable to FedNat Holding Company shareholders	215,259	211,637
Non-controlling interest	0	15,822
Total shareholders’ equity	215,259	227,459
Total liabilities and shareholders' equity	$ 925,371	$ 904,873

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Investments:
Debt securities, available-for-sale, at amortized cost	$ 433,664	$ 422,300
Total investments	451,525	444,021
Cash and cash equivalents	64,423	86,228
Premiums receivable, allowance	77	70
Other assets	10,156	13,403
Deferred Financing Costs	$ 596	$ 749
Shareholders' Equity
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	25,000,000	25,000,000
Common Stock, Shares, Issued	12,784,444	12,988,247
Common Stock, Shares, Outstanding	12,784,444	12,988,247
Monarch Delaware - Variable Interest Entity [Member]
Investments:
Debt securities, available-for-sale, at amortized cost		$ 25,111
Total investments	$ 0	26,284
Cash and cash equivalents	0	14,211
Premiums receivable, allowance	0	1,184
Other assets	$ 0	$ 2,322

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Net premiums earned	$ 355,257	$ 333,481	$ 261,369
Net investment income	12,460	10,254	9,063
Net realized and unrealized investment gains (losses)	(4,144)	8,548	3,045
Direct written policy fees	13,366	17,173	16,619
Other income	19,154	22,206	17,429
Total revenues	396,093	391,662	307,525
Costs and expenses:
Losses and loss adjustment expenses	228,416	247,557	197,810
Commissions and other underwriting expenses	121,109	114,867	90,378
General and administrative expenses	22,183	19,963	17,186
Interest expense	4,177	348	348
Total costs and expenses	375,885	382,735	305,722
Income (loss) before income taxes	20,208	8,927	1,803
Income tax expense (benefit)	5,498	3,585	542
Net income (loss)	14,710	5,342	1,261
Net income (loss) attributable to non-controlling interest	(218)	(2,647)	246
Net income (loss) attributable to FedNat Holding Company shareholders	$ 14,928	$ 7,989	$ 1,015
Net income (loss) per share attributable to Federated National Holding Company shareholders:
Basic (in dollars per share)	$ 1.17	$ 0.61	$ 0.07
Diluted (in dollars per share)	$ 1.16	$ 0.60	$ 0.07
Weighted Average Number of Shares of Common Stock Outstanding
Basic (in shares)	12,775	13,170	13,758
Diluted (in shares)	12,867	13,250	13,922
Dividends declared per share of common stock (in dollars per share)	$ 0.24	$ 0.32	$ 0.27

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 14,710	$ 5,342	$ 1,261
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	(5,444)	(429)	(1,740)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	9,266	4,913	(479)
Less: comprehensive income (loss) attributable to non-controlling interest, net of tax	(447)	(2,905)	550
Comprehensive (loss) income attributable to Federated National Holding Company shareholders	$ 9,713	$ 7,818	$ (1,029)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total Shareholders' Equity Attributable to Federated National Holding Company Shareholders [Member]	Noncontrolling Interest [Member]
Balance (in shares) at Dec. 31, 2015		13,798,773
Balance, beginning of period at Dec. 31, 2015	$ 246,157	$ 138	$ 131,998	$ 3,985	$ 91,859	$ 227,980	$ 18,177
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to FedNat Holding Company shareholders	1,015				1,015
Net income (loss)	1,261					1,015	246
Other comprehensive income (loss)	(1,740)			(2,044)		(2,044)	304
Dividends declared	(4,677)				(4,677)	(4,677)
Shares issued under share-based compensation plans (in shares)		299,165
Shares issued under share-based compensation plans	361		361			361
Tax benefits from share-based compensation awards	589		589			589
Repurchases of common stock (in shares)		(624,818)
Repurchases of common stock	(11,317)	$ (4)			(11,313)	(11,317)
Share-based compensation	3,831		3,831			3,831
Balance (in shares) at Dec. 31, 2016		13,473,120
Balance, end of period at Dec. 31, 2016	234,465	$ 134	136,779	1,941	76,884	215,738	18,727
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to FedNat Holding Company shareholders	7,989				7,989
Net income (loss)	5,342					7,989	(2,647)
Other comprehensive income (loss)	(429)			(171)		(171)	(258)
Dividends declared	(4,251)				(4,251)	(4,251)
Shares issued under share-based compensation plans (in shares)		169,647
Shares issued under share-based compensation plans	103		103			103
Repurchases of common stock (in shares)		(654,520)
Repurchases of common stock	(10,617)	$ (4)			(10,613)	(10,617)
Share-based compensation	2,846		2,846			2,846
Balance (in shares) at Dec. 31, 2017		12,988,247
Balance, end of period at Dec. 31, 2017	227,459	$ 130	139,728	1,770	70,009	211,637	15,822
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to FedNat Holding Company shareholders	14,928				14,928
Net income (loss)	14,710					14,928	(218)
Other comprehensive income (loss)	(4,450)			(4,221)		(4,221)	(229)
Dividends declared	(3,120)				(3,120)	(3,120)
Acquisition of non-controlling interest	(16,685)		(1,005)	(305)		(1,310)	(15,375)
Shares issued under share-based compensation plans (in shares)		122,905
Shares issued under share-based compensation plans	39	$ 1	38			39
Repurchases of common stock (in shares)		(326,708)
Repurchases of common stock	(5,061)	$ (3)			(5,058)	(5,061)
Share-based compensation	2,367		2,367			2,367
Balance (in shares) at Dec. 31, 2018		12,784,444
Balance, end of period at Dec. 31, 2018	$ 215,259	$ 128	$ 141,128	$ (3,750)	$ 77,753	$ 215,259	$ 0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flow from operating activities:
Net income (loss)	$ 14,710	$ 5,342	$ 1,261
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net realized and unrealized investment (gains) losses	4,144	(8,548)	(3,045)
Amortization of investment premium or discount, net	1,546	3,909	5,346
Depreciation and amortization	1,385	1,166	869
Share-based compensation	2,367	2,846	4,420
Tax impact related to share-based compensation	(44)	(193)	0
Changes in operating assets and liabilities:
Prepaid reinsurance premiums	26,915	21,440	24,908
Premiums receivable, net	16,602	8,461	(16,260)
Reinsurance recoverable, net	(86,823)	(76,738)	(35,149)
Deferred acquisition costs	1,457	999	(24,226)
Income taxes, net	6,153	4,596	(16,485)
Deferred revenue	(1,637)	(612)	1,074
Loss and loss adjustment expense reserves	65,715	72,405	60,404
Unearned premiums	(12,431)	401	40,062
Reinsurance payable	(8,345)	(7,210)	18,085
Other	(1,444)	(15,158)	8,486
Net cash provided by (used in) operating activities	30,270	13,106	69,750
Cash flow from investing activities:
Proceeds from sales of equity securities	10,639	57,125	30,621
Proceeds from sales of debt securities	228,777	249,584	198,676
Purchases of equity securities	(13,542)	(35,811)	(16,716)
Purchases of debt securities	(337,776)	(339,667)	(325,397)
Maturities and redemptions of debt securities	92,744	38,038	81,812
Purchases of property and equipment	(2,026)	(976)	(2,147)
Net cash provided by (used in) investing activities	(21,184)	(31,707)	(33,151)
Cash flow from financing activities:
Proceeds from issuance of long-term debt	0	45,000	0
Payment of long-term debt	(5,000)	0	0
Purchase of non-controlling interest	(16,685)	0	0
Purchases of FedNat Holding Company common stock	(5,061)	(10,616)	(11,317)
Issuance of common stock for share-based awards	39	103	361
Tax impact related to share-based compensation	0	0	589
Dividends paid	(4,184)	(4,251)	(4,677)
Net cash provided by (used in) financing activities	(30,891)	30,236	(15,044)
Net increase (decrease) in cash and cash equivalents	(21,805)	11,635	21,555
Cash and cash equivalents at beginning-of-period	86,228	74,593	53,038
Cash and cash equivalents at end-of-period	64,423	86,228	74,593
Supplemental disclosure of cash flow information:
Cash paid (received) during the period for income taxes	4,266	308	313
Cash paid (received) during the period for income taxes	$ (1,104)	$ (354)	$ 14,360

ORGANIZATION, CONSOLIDATION AND

ORGANIZATION, CONSOLIDATION AND BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, CONSOLIDATION AND BASIS OF PRESENTATION	1. ORGANIZATION, CONSOLIDATION AND BASIS OF PREPARATION Organization FedNat Holding Company (“FNHC,” the “Company,” “we,” “us,” or "our") is an insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through our subsidiaries and contractual relationships with independent agents and general agents. The Company, through its wholly owned subsidiaries, is authorized to underwrite and/or place homeowners multi-peril (“homeowners”), federal flood and other lines of insurance in Florida and other states. The Company markets, distributes and services its own and third-party insurers’ products and other services through a network of independent and general agents. FedNat Insurance Company (“FNIC”), our largest wholly owned insurance subsidiary, is licensed as an admitted carrier, to write specific lines of insurance by the state’s insurance departments, in Florida, Louisiana, Texas, Georgia, South Carolina and Alabama. Monarch National Insurance Company (“MNIC”), our other insurance subsidiary, is licensed as an admitted carrier in Florida. Admitted carriers are bound by rate and form regulations, and are strictly regulated to protect policyholders from a variety of illegal and unethical practices. Admitted carriers are also required to financially contribute to the state guarantee fund used to pay for losses if an insurance carrier becomes insolvent or unable to pay loss amounts due to their policyholders. Monarch National Insurance Company We completed our acquisition of MNIC in February 2018 by acquiring the membership interests in MNIC’s indirect parent, Monarch Delaware Holdings LLC (“Monarch Delaware”), held by our joint venture partners. Our joint venture partners were Crosswinds Investor Monarch LP (“Crosswinds Investor”), a wholly owned subsidiary of Crosswinds Holdings Inc. (“Crosswinds Holdings”), a private equity firm and asset manager, and Transatlantic Reinsurance Company (“TransRe”), an international property and casualty reinsurance company. We purchased the 42.4% Class A membership interest in Monarch Delaware held by Crosswinds Investor for $12.3 million and the 15.2% non-voting membership interest in Monarch Delaware held by TransRe for $4.4 million . We also repaid the outstanding principal balance and interest due on the $5.0 million promissory note to TransRe. MNIC was organized in March 2015 and writes homeowners property and casualty insurance in Florida. Crosswinds AUM LLC, a subsidiary of Crosswinds Holdings, served as an investment consultant to FNHC through December 31, 2018 for a quarterly fee of $75,000 . In addition, subsidiaries of Crosswinds Holdings and TransRe each had a right of first refusal through December 31, 2018 to participate in our catastrophe excess of loss reinsurance program, at market rates and terms, up to a placement of $10.0 million in reinsurance limit in the aggregate from Crosswinds Holdings and up to a placement of $10.0 million in reinsurance limit in excess of its placement on our current catastrophe excess of loss reinsurance program from TransRe. TransRe does currently participate in the reinsurance program. Refer to Basis of Presentation and Principles of Consolidation and Note 17 below. Material Distribution Relationships Ivantage Select Agency, Inc. The Company is a party to an insurance agency master agreement with Ivantage Select Agency, Inc. (“ISA”), an affiliate of Allstate Insurance Company (“Allstate”), pursuant to which the Company has been authorized by ISA to appoint Allstate agents to offer the Company’s homeowners insurance products to consumers in Florida. As a percentage of the total homeowners premiums we underwrote, 23.8% , 23.8% and 24.1% , were from Allstate’s network of Florida agents, for the years ended December 31, 2018 , 2017 and 2016 , respectively. SageSure Insurance Managers, LLC The Company is a party to a managing general underwriting agreement with SageSure Insurance Managers, LLC (“SageSure”) to underwrite our FNIC homeowners business outside of Florida. As a percentage of the total homeowners premiums, 15.0% , 10.2% and 6.9% respectively, of the Company’s premiums were underwritten by SageSure, for the years ended December 31, 2018 , 2017 , and 2016 respectively. Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). The consolidated financial statements include the accounts of FNHC and its wholly-owned subsidiaries and all entities in which the Company has a controlling financial interest and any variable interest entity (“VIE”) of which the Company is the primary beneficiary. The Company’s management believes the consolidated financial statements reflect all material adjustments, including normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows of the Company for the periods presented. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company identifies a VIE as an entity that does not have sufficient equity to finance its own activities without additional financial support or where the equity investors lack certain characteristics of a controlling financial interest. The Company assesses its contractual, ownership or other interests in a VIE to determine if the Company’s interest participates in the variability the VIE was designed to absorb and pass onto variable interest holders. The Company performs an ongoing qualitative assessment of its variable interests in a VIE to determine whether the Company has a controlling financial interest and would therefore be considered the primary beneficiary of the VIE. If the Company determines it is the primary beneficiary of a VIE, the Company consolidates the assets and liabilities of the VIE in its consolidated financial statements. As of December 31, 2017, in connection with the investment in Monarch Delaware, the Company had determined that the Company possessed the power to direct the activities of the VIE that most significantly impact its economic performance and the Company was the primary beneficiary of the VIE. As such, the Company consolidated Monarch Delaware in its consolidated financial statements. Refer to Monarch National Insurance Company above, related to our 100% ownership of Monarch Delaware that became effective on February 21, 2018. In accordance with the accounting standard on consolidation, a primary beneficiary that acquires additional ownership of the previously controlled and consolidated subsidiaries is accounted for as an equity transaction and re-measurement of assets and liabilities of previously controlled and consolidated subsidiaries is not permitted. As a result, we accounted for this transaction by eliminating the carrying value of the non-controlling interest to reflect our 100% ownership interest in MNIC as of February 21, 2018. The difference between the consideration paid and the amount by which the non-controlling interest was eliminated has been recognized in additional paid-in capital. Following the closing, Monarch Delaware and Monarch Holdings were merged into MNIC. Refer to Note 14 below for additional information regarding the VIE.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies and Practices	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES Accounting Estimates and Assumptions The Company prepares the accompanying consolidated financial statements in accordance with GAAP, which requires management to make estimates and assumptions about future events that affect the amounts reported in the financial statements and accompanying notes. Future events and their effects cannot be determined with absolute certainty. Therefore, the determination of estimates requires the exercise of judgment. Actual results may materially differ from those estimates. Similar to other property and casualty insurers, the Company’s liability for loss and loss and adjustment expenses ("LAE") reserves, although supported by actuarial projections and other data, is ultimately based on management’s reasoned expectations of future events. Although considerable variability is inherent in these estimates, the Company believes that the liability and LAE reserve is adequate. The Company reviews and evaluates its estimates and assumptions regularly and makes adjustments, reflected in current operations, as necessary, on an ongoing basis. Fair Value Fair value is the price that would be received to sell an asset or paid to transfer a liability between market participants in the principal market or in the most advantageous market when no principal market exists. Adjustments to transaction prices or quoted market prices may be required in illiquid or disorderly markets in order to estimate fair value. Alternative valuation techniques may be appropriate under the circumstances to determine the value that would be received to sell an asset or pay to transfer a liability in an orderly transaction. Market participants are assumed to be independent, knowledgeable, able and willing to transact an exchange and not acting under duress. Our nonperformance or credit risk is considered in determining the fair value of liabilities. Considerable judgment may be required in interpreting market data used to develop the estimates of fair value. Accordingly, estimates of fair value presented herein are not necessarily indicative of the amounts that could be realized in a current or future market exchange. Refer to Note 3 below for additional information regarding fair value. Investments Investments consist of debt and equity securities. Debt securities consist of securities with an initial fixed maturity of more than three months, including corporate bonds, municipal bonds and United States government bonds. Equity securities generally consist of securities that represent ownership interests in an enterprise. The Company determines the appropriate classification of investments in debt and equity securities at the acquisition date and re-evaluates the classification at each balance sheet date. Held-to-maturity debt securities are recorded at the amortized cost, reflecting the ability and intent to hold the securities to maturity. All other debt securities are classified as available-for-sale and recorded at fair value. Unrealized gains and losses during the year, net of the related tax effect applicable to available-for-sale and periods prior to January 1, 2018 for equity securities, are excluded from income and reflected in other comprehensive income (loss), and the cumulative effect is reported as a separate component of shareholders’ equity until realized. If a decline in fair value is deemed to be other-than-temporary, the investment is written down to its fair value and the amount of the write-down is recorded as an other-than-temporary impairment (“OTTI”) loss on the statement of operations. Any portion of such decline related to debt securities that is believed to arise from factors other than credit is recorded as a component of other comprehensive income rather than against income. As a result of the adoption of Accounting Standards Update (“ASU”) 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”) beginning on January 1, 2018 equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) are measured at fair value with changes in fair value recognized in net income. Refer to Note 2 below for additional information related to ASU 2016-01. When we invest in certain companies, such as limited partnerships and limited liability companies, and if we determine we are not the primary beneficiary, we account for them using the equity method to determine the carry value, which is included in other assets on our Consolidated Balance Sheets. Our maximum exposure to loss is limited to the capital we invest. Net realized gains and losses on investments are determined in accordance with the specific identification method. Net investment income consists primarily of interest income from debt securities, cash and cash equivalents, including any premium amortization or discount accretion and dividend income from equity securities; less expenses related to investments. Refer to Note 4 below for additional information regarding investments. Cash and Cash Equivalents Cash and cash equivalents consist of all deposit or deposit in transit balances with a bank that are available for withdrawal. The Company considers all highly liquid investments with an original maturity of three months or less at the date of the purchase to be cash equivalents. Premiums and Unearned Premiums The Company recognizes premiums as revenue on a pro-rata basis over the term of the insurance policy. Unearned premiums represent the portion of gross premiums written, related to the unexpired terms of such coverage. Premium receivable balances are reported net of an allowance for estimated uncollectible premium amounts. Such allowance is based upon an ongoing review of amounts outstanding, length of collection periods, the creditworthiness of the insured and other relevant factors. Amounts deemed to be uncollectible are written off against the allowance. Reinsurance Reinsurance is used to mitigate the exposure to losses, manage capacity and protect capital resources. Reinsuring loss exposures does not relieve a ceding entity from its obligations to policyholders and cedants. Reinsurance recoverables (including amounts related to claims incurred but not reported) and ceded unearned premiums are reported as assets. To minimize exposure to losses from a reinsurer’s inability to pay, the financial condition of such reinsurer is evaluated initially upon placement of the reinsurance and periodically thereafter. In addition to considering the financial condition of the reinsurer, the collectability of the reinsurance recoverables is evaluated (and where appropriate, whether an allowance for estimated uncollectible reinsurance recoverables is to be established) based upon a number of other factors. Such factors include the amounts outstanding, length of collection periods, disputes, any collateral or letters of credit held and other relevant factors. To the extent that an allowance for uncollectible reinsurance recoverable is established, amounts deemed to be uncollectible are written off against the allowance for estimated uncollectible reinsurance recoverables. As of December 31, 2018 and 2017 , the Company did have any allowances for uncollectible reinsurance recoverables. Ceded premiums written are recorded in accordance with applicable terms of the various reinsurance contracts and ceded premiums earned are charged against revenue over the period of the various reinsurance contracts. This also generally applies to reinstatement premiums paid to a reinsurer, which arise when contractually-specified ceded loss triggers have been breached. Ceded commissions reduce commissions, brokerage and other underwriting expenses and ceded losses incurred reduce net losses and LAE incurred over the applicable periods of the various reinsurance contracts with third party reinsurers. If premiums or commissions are subject to adjustment (for example, retrospectively-rated or experience-rated), the Company records adjustments to the premiums or ceding commission revenue in the period that changes in the estimated losses are determined. Amounts recoverable from reinsurers are estimated in a manner consistent with the claim liability associated with the reinsured business and consistent with the terms of the underlying reinsurance contract. Deferred Acquisition Costs Deferred acquisition costs represent those costs that are incremental and directly related to the successful acquisition of new or renewal of existing insurance contracts. The Company defers incremental costs that result directly from, and are essential to, the acquisition or renewal of an insurance contract. Such deferred acquisition costs generally include agent or broker commissions, referral fees, premium taxes, medical and inspection fees that would not have been incurred if the insurance contract had not been acquired or renewed. Each cost is analyzed to assess whether it is fully deferrable. The Company also defers a portion of the employee total compensation and payroll-related fringe benefits directly related to time spent performing specific acquisition or renewal activities, including costs associated with the time spent on underwriting, policy issuance and processing, and sales force contract selling. The acquisition costs are deferred and amortized over the period in which the related premiums written are earned, generally twelve months for homeowners and commercial general liability policies and six months for automobile policies. It is grouped consistent with the manner in which the insurance contracts are acquired, serviced and measured for profitability and is reviewed for recoverability based on the profitability of the underlying insurance contracts. Investment income is anticipated in assessing the recoverability of deferred acquisition costs. The Company assesses the recoverability of deferred acquisition costs on an annual basis or more frequently if circumstances indicate impairment may have occurred. Property and Equipment Property and equipment is stated at cost, net of accumulated depreciation and amortization. Depreciation is calculated using a straight-line method over the estimated useful lives, ranging from 5 to 15 years. Repairs and maintenance are charged to expense as incurred. The Company accounts for internal-use software development costs in accordance with accounting guidelines which state that software costs, including internal payroll costs, incurred in connection with the development or acquisition of software for internal use is charged to expense as incurred until the project enters the application development phase. Costs incurred in the application development phase are capitalized and are depreciated using the straight-line method over an estimated useful life of 3 years, beginning when the software is ready for use. Direct Written Policy Fees Policy fees represent a non-refundable application fee for insurance coverage. These policy fees are deferred over the related policy term in a manner consistent with how the related premiums are earned. Other Income Other income represents brokerage, commission related income from the Company’s agency operations, fees generated from the personal automobile line of business as well as recognition of equity method investment results. Brokerage income is recognized over the term of the reinsurance period, typically one year. Commission income from agency operations are recognized up-front upon policy inception. The fees associated with the personal automobile line of business are recognized ratably over the related policy term, generally six months. In applying the equity method, the Company records its initial investment at cost, and subsequently increases or decreases the carrying amount of the investment by its proportionate share of the net earnings or losses with any dividends or distributions received are recorded as a decrease in the carrying value of the investment. Losses and Loss Adjustment Expenses The reserves for losses and LAE represent management’s best estimate of the ultimate cost of all reported and unreported losses incurred through the balance sheet date. Such liabilities are determined based upon the Company’s assessment of claims pending and the development of prior years’ loss liability, including liabilities based upon individual case estimates for reported losses and LAE and estimates of such amounts that are incurred but not yet reported (“IBNR”). Changes in the estimated liability are charged or credited to operations as the losses and LAE are settled. The estimates of the liability for loss and LAE reserves are subject to the effect of trends in claims severity and frequency and are continually reviewed. As part of this process, the Company review historical data and consider various factors, including known and anticipated legal developments, inflation and economic conditions. As experience develops and other data become available, these estimates are revised, as required, resulting in increases or decreases to the existing liability for loss and LAE reserves. Adjustments are reflected in the results of operations in the period in which they are made and the liabilities may deviate substantially from prior estimates. Long-Term Debt, Net of Deferred Financing Costs The Company records long-term debt, net in the consolidated balance sheets at carrying value. The Company incurs specific incremental costs, other than those paid to lenders, in connection with the issuance of the Company’s debt instruments. These deferred financing costs include loan origination costs, issue costs and other direct costs payable to third parties and are recorded as a direct deduction from the carrying value of the associated debt liability in the consolidated balance sheets, when the debt liability is recorded. The Company amortizes the deferred financing costs as interest expense over the term of the related debt using the effective interest method in the consolidated statements of operations. Income Taxes The Company applies the asset and liability method of accounting for income taxes. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss, capital loss and tax-credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income or expense in the period that includes the enactment date. The Company will establish a valuation allowance if management determines, based on available information, that it is more likely than not that deferred income tax assets will not be realized. Significant judgment is required in determining whether valuation allowances should be established and the amount of such allowances. The Company’s management makes assumptions, estimates and judgments, which are subject to change, in accounting for income taxes. The Company’s management also considers events and transactions on an on-going basis and the laws enacted as of the Company’s reporting date. The U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law on December 22, 2017, and the effect of changes in federal tax law and applicable statutory rates is recorded in the consolidated financial statements in the period of enactment. As such, the Tax Act affected the Company’s deferred income tax provision in the consolidated statement of operations for the year ended December 31, 2017 and the deferred income tax assets and liabilities balances in the consolidated balance sheet as of December 31, 2017. Both the current and deferred income tax provisions are affected for 2018. Refer to Note 8 below for further information regarding income taxes. Share-Based Compensation We expense the fair value of stock awards included in our stock incentive compensation plans. The Company grants awards and amortizes them on a straight-line over the vesting term using the straight-line basis for service awards and over successive one -year requisite service periods for performance based awards. For all restricted stock awards (“RSAs”), excluding relative total shareholder return ("TSR"), the fair value is determined based on the closing market price on the date of grant. The TSR grant date fair value are determined using a Monte Carlo simulation and, unlike the performance condition awards, the expense is not reversed if the performance condition is not met. Non-employee directors are treated as employees for accounting purposes. The non-cash share-based compensation expense is reflected in commissions and other underwriting and general and administrative expense on our Consolidated Statements of Operations and is recognized as an increase to additional paid-in capital on our Consolidated Balance Sheets. Basic and Diluted Net Income (Loss) per Share Basic net income per share is computed by dividing net income available to common shareholders by the weighted average number of common shares, while diluted net income per share is computed by dividing net income available to common shareholders by the weighted average number of such common shares and dilutive share equivalents result from the assumed exercise of employee stock options and vesting of restricted common stock and are calculated using the treasury stock method. Recently Issued Accounting Pronouncements, Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The update replaces all general and most industry specific revenue recognition guidance (excluding insurance) currently prescribed by GAAP. The core principle is that an entity recognizes revenue to reflect the transfer of a promised good or service to customers in an amount that reflects that consideration to which the entity expects to be entitled in exchange for that good or service. The Company adopted this update and the other related revenue standard clarifications and technical guidance effective January 1, 2018, using the modified retrospective approach. The Company completed the analysis of its non-insurance revenues and has concluded that the implementation did not have any impact on the Company’s consolidated financial condition or results of operations. In January 2016, the FASB issued ASU 2016-01 , which addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . Most notably, the combined new guidance required equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative adjustment, which increased retained earnings and decreased accumulated other comprehensive income by $1.0 million . This adjustment represented the level of net unrealized gains and losses associated with our equity investments with readily determinable market values as of January 1, 2018. The adoption also resulted in the recognition of $(1.2) million in our consolidated statements of operations and statements of comprehensive income (loss), which represented the change in net unrealized gains and losses on our equity securities for 2018. This new guidance increases our earnings volatility compared to the prior accounting rules. In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The update allowed a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Job Act of 2017 ("Tax Act"). Guidance had previously required the effect of a change in tax laws or rates on deferred tax balances to be reported in income from continuing operations in the accounting period that includes the period of enactment, even if the related income tax effects were originally charged or credited directly to accumulated other comprehensive income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative effect adjustment to retained earnings with an off-setting adjustment to accumulated other comprehensive income for less than $0.1 million . Recently Issued Accounting Pronouncements, Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The update superseded the prior lease guidance in Topic 840, Leases and lessees were required to recognize for all leases, with the exception of short-term leases, a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis. Concurrently, lessees are required to recognize a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The guidance has been adopted effective January 1, 2019, and we expect to reflect approximately an $6 million right-of-use asset, after-tax, and $6 million lease liability, after-tax, on our March 31, 2019 consolidated balance sheets for our leases in existence as of that date. All of the Company's leases were classified as operating leases and we elected the practical expedient, therefore no adjustment to comparative prior periods presented will be made. There will be no significant difference in our pattern of lease expense recognition on our consolidated statements of operations, under this ASU. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which significantly changes the measurement of credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The update requires entities to record allowances for available-for-sale debt securities rather than reduce the carrying amount, as currently performed under the other-than-temporary impairment ("OTTI") model. The update also require enhanced disclosures for financial assets measured at amortized cost and available-for-sale debt securities to help the financial statement users better understand significant judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. The update is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is in the early stage of evaluating the impact that the update will have on the Company’s consolidated financial position or results of operations. In August 2018, the FASB issued ASU 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract . ASU 2018-15 requires a customer in a cloud computing arrangement that is a service contract to follow the internal-use software guidance in Accounting Standards Codification 350-40 to determine which implementation costs to defer and recognize as an asset. The update is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is in the early stage of evaluating the impact that the update will have on the Company’s consolidated financial position or results of operations.

FAIR VALUE

FAIR VALUE	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
FAIR VALUE	3. FAIR VALUE Fair Value Disclosures of Financial Instruments The Company accounts for financial instruments at fair value or the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurements are generally based upon observable and unobservable inputs. Observable inputs are based on market data from independent sources, while unobservable inputs reflect the Company’s view of market assumptions in the absence of observable market information. All assets and liabilities that are recorded at fair value are classified and disclosed in one of the following three categories: • Level 1 — Quoted market prices (unadjusted) for identical assets or liabilities in active markets is defined as a market where transactions for the financial statement occur with sufficient frequency and volume to provide pricing information on an ongoing basis, or observable inputs. • Level 2 — Quoted market prices for similar assets or liabilities and valuations, using models or other valuation techniques using observable market data. Significant other observable that can be corroborated by observable market data; and • Level 3 — Instruments that use non-binding broker quotes or model driven valuations that do not have observable market data or those that are estimated based on an ownership interest to which a proportionate share of net assets is attributed. If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument. The Company’s financial instruments measured at fair value on a recurring basis and the level of the fair value hierarchy of inputs used consisted of the following:  December 31, 2018  Level 1 Level 2 Level 3 Total  (In thousands) Debt securities - available-for-sale, at fair value: United States government obligations and authorities $ 43,918 $ 83,950 $ — $ 127,868 Obligations of states and political subdivisions — 9,767 — 9,767 Corporate securities — 268,731 — 268,731 International securities — 22,275 — 22,275 Debt securities, at fair value 43,918 384,723 — 428,641  Equity securities, at fair value 16,037 1,721 — 17,758  Total investments, at fair value $ 59,955 $ 386,444 $ — $ 446,399  December 31, 2017  Level 1 Level 2 Level 3 Total  (In thousands) Debt securities - available-for-sale, at fair value: United States government obligations and authorities $ 51,219 $ 46,918 $ — $ 98,137 Obligations of states and political subdivisions — 66,266 — 66,266 Corporate securities — 240,919 — 240,919 International securities — 17,916 — 17,916 Debt securities, at fair value 51,219 372,019 — 423,238  Equity securities, at fair value 15,434 — — 15,434  Total investments, at fair value $ 66,653 $ 372,019 $ — $ 438,672 Held-to-maturity debt securities reported on the consolidated balance sheets at amortized cost and disclosed at fair value below (and in Note 4 ) and the level of fair value hierarchy of inputs used consisted of the following:  Level 1 Level 2 Level 3 Total  (In thousands) December 31, 2018 $ 3,809 $ 1,155 $ — $ 4,964 December 31, 2017 3,936 1,338 — 5,274 We measure the fair value of our securities based on assumptions used by market participants in pricing the security. The most appropriate valuation methodology is selected based on the specific characteristics of the security, and we consistently apply the valuation methodology to measure the security’s fair value. Our fair value measurement is based on a market approach that utilizes prices and other relevant information generated by market transactions involving identical or comparable securities. We review the third party pricing methodologies on a quarterly basis and validate the fair value prices to a separate independent data service and ensure there are no material differences. Additionally, market indicators, industry and economic events are monitored. A summary of the significant valuation techniques and market inputs for each financial instrument carried at fair value includes the following: • United States Government Obligations and Authorities: In determining the fair value for United States government securities in Level 1, the Company uses quoted prices (unadjusted) in active markets for identical or similar assets. In determining the fair value for United States government securities in Level 2, the Company uses the market approach utilizing primary valuation inputs including reported trades, dealer quotes for identical or similar assets in markets that are not active, benchmark yields, credit spreads, reference data and industry and economic events. • Obligations of States and Political Subdivisions: In determining the fair value for state and municipal securities, the Company uses the market approach utilizing primary valuation inputs including reported trades, dealer quotes for identical or similar assets in markets that are not active, benchmark yields, credit spreads, reference data and industry and economic events. • Corporate and International Securities: In determining the fair value for corporate securities the Company uses the market approach utilizing primary valuation inputs including reported trades, dealer quotes for identical or similar assets in markets that are not active, benchmark yields, credit spreads (for investment grade securities), observations of equity and credit default swap curves (for high-yield corporates), reference data and industry and economic events. • Equity Securities: In determining the fair value for equity securities in Level 1, the Company uses quoted prices (unadjusted) in active markets for identical or similar assets. In determining the fair value for equity securities in Level 2, the Company uses the market approach utilizing primary valuation inputs including reported trades, dealer quotes for identical or similar assets in markets that are not active, benchmark yields, credit spreads, reference data and industry and economic events. We did not have securities trading in less liquid or illiquid markets with limited or no pricing information, therefore we did not use unobservable inputs to measure fair value as of December 31, 2018 and 2017. Additionally, we did not have any assets or liabilities measured at fair value on a nonrecurring basis as of December 31, 2018 or 2017, and we noted no significant changes in our valuation methodologies between those periods. The Company is not aware of any events or circumstances that would have a significant adverse effect on the carrying value of its assets and liabilities measured at fair value as of December 31, 2018 and 2017 . There were no transfers between the fair value hierarchy levels during the years ended December 31, 2018 , 2017 and 2016 .

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2018
Investments [Abstract]
INVESTMENTS	4. INVESTMENTS Unrealized Gains and Losses The difference between amortized cost or cost and estimated fair value and gross unrealized gains and losses, by major investment category, consisted of the following: ໿  Amortized Gross Gross  Cost Unrealized Unrealized  or Cost Gains Losses Fair Value  (In thousands) December 31, 2018 Debt securities - available-for-sale: United States government obligations and authorities $ 127,928 $ 1,091 $ 1,151 $ 127,868 Obligations of states and political subdivisions 9,870 27 130 9,767 Corporate 273,192 510 4,971 268,731 International 22,674 12 411 22,275 433,664 1,640 6,663 428,641 Debt securities - held-to-maturity: United States government obligations and authorities 4,085 1 158 3,928 Corporate 986 2 6 982 International 55 — 1 54 5,126 3 165 4,964 Total investments, excluding equity securities (1) $ 438,790 $ 1,643 $ 6,828 $ 433,605 (1) As a result of the adoption of ASU 2016-01 on January 1, 2018 (see additional details in Note 2 above) for our equity securities we now recongnize changes in unrealized gains or losses within our statements of operations; therefore they are not included as of December 31, 2018 .  Amortized Gross Gross  Cost Unrealized Unrealized  or Cost Gains Losses Fair Value  (In thousands) December 31, 2017 Debt securities - available-for-sale: United States government obligations and authorities $ 98,739 $ 244 $ 846 $ 98,137 Obligations of states and political subdivisions 66,319 325 378 66,266 Corporate 239,435 2,233 749 240,919 International 17,807 136 27 17,916  422,300 2,938 2,000 423,238  Debt securities - held-to-maturity: United States government obligations and authorities $ 4,160 $ 9 $ 106 $ 4,063 Corporate 1,123 21 — 1,144 International 66 1 — 67 5,349 31 106 5,274 Equity securities 14,085 1,628 279 15,434 Total investments $ 441,734 $ 4,597 $ 2,385 $ 443,946 Net Realized and Unrealized Gains and Losses The Company calculates the gain or loss realized on the sale of investments by comparing the sales price (fair value) to the cost or amortized cost of the security sold. Net realized gains and losses on investments are determined in accordance with the specific identification method. Net realized and unrealized gains (losses), by major investment category, consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Gross realized and unrealized gains: Debt securities $ 423 $ 1,814 $ 3,208 Equity securities 2,374 9,944 4,264 Total gross realized and unrealized gains 2,797 11,758 7,472  Gross realized and unrealized losses: Debt securities (3,990 ) (1,671 ) (1,614 ) Equity securities (2,951 ) (1,539 ) (2,813 ) Total gross realized and unrealized losses (6,941 ) (3,210 ) (4,427 ) Net realized and unrealized gains (losses) on investments $ (4,144 ) $ 8,548 $ 3,045 The above line item, net realized and unrealized gains (losses) on investments, includes $(1.2) million of net unrealized gains (losses) on equity securities for the year ended December 31, 2018 . Contractual Maturity Actual maturities may differ from contractual maturities because issuers may have the right to call or pre-pay obligations. Amortized cost and estimated fair value of debt securities, by contractual maturity, consisted of the following:  December 31, 2018  Amortized  Cost Fair Value (In thousands) Securities with Maturity Dates Debt securities, available-for-sale: One year or less $ 20,349 $ 20,285 Over one through five years 194,166 192,491 Over five through ten years 216,543 213,427 Over ten years 2,606 2,438  433,664 428,641 Debt securities, held-to-maturity: One year or less 650 650 Over one through five years 4,088 3,935 Over five through ten years 388 379  5,126 4,964 Total $ 438,790 $ 433,605 Net Investment Income Net investment income consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Interest income $ 12,253 $ 9,776 $ 7,920 Dividends income 207 478 1,143 Net investment income $ 12,460 $ 10,254 $ 9,063 Aging of Gross Unrealized Losses Gross unrealized losses and related fair values for debt securities (and equity securities as of December 31, 2017), grouped by duration of time in a continuous unrealized loss position, consisted of the following:  Less than 12 months 12 months or longer Total  Gross Gross Gross  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses (In thousands) December 31, 2018 Debt securities - available-for-sale: United States government obligations and authorities $ 22,673 $ 246 $ 29,727 $ 905 $ 52,400 $ 1,151 Obligations of states and political subdivisions 3,254 18 4,786 112 8,040 130 Corporate 160,361 3,058 53,232 1,913 213,593 4,971 International 15,608 217 4,678 194 20,286 411 201,896 3,539 92,423 3,124 294,319 6,663 Debt securities, held-to-maturity: United States government obligations and authorities 229 1 3,113 157 3,342 158 Corporate 591 6 90 — 681 6 International 54 1 — — 54 1 874 8 3,203 157 4,077 165 $ 202,770 $ 3,547 $ 95,626 $ 3,281 $ 298,396 $ 6,828  Less than 12 months 12 months or longer Total  Gross Gross Gross  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses (In thousands) December 31, 2017 Debt securities - available-for-sale: United States government obligations and authorities $ 52,368 $ 517 $ 19,287 $ 329 $ 71,655 $ 846 Obligations of states and political subdivisions 32,030 221 5,676 157 37,706 378 Corporate 109,780 625 6,452 124 116,232 749 International 8,935 27 25 — 8,960 27 203,113 1,390 31,440 610 234,553 2,000 Debt securities, held-to-maturity: United States government obligations and authorities 523 4 2,730 102 3,253 106 Corporate 211 — — — 211 — 734 4 2,730 102 3,464 106 Equity securities 4,312 279 — — 4,312 279 $ 208,159 $ 1,673 $ 34,170 $ 712 $ 242,329 $ 2,385 As of December 31, 2018 , the Company held a total of 1,222 debt securities that were in an unrealized loss position, of which 371 securities were in an unrealized loss position continuously for 12 months or more. As of December 31, 2017 , the Company held a total of 804 debt and equity securities that were in an unrealized loss position, of which 81 securities were in an unrealized loss position continuously for 12 months or more. The unrealized losses associated with these securities consisted primarily of losses related to corporate securities. The Company holds some of its debt securities as available-for-sale and as such, these securities are recorded at fair value. The Company continually monitors the difference between cost and the estimated fair value of its investments, which involves uncertainty as to whether declines in value are temporary in nature. If the decline of a particular investment is deemed temporary, the Company records the decline as an unrealized loss in shareholders’ equity. If the decline is deemed to be other than temporary, the Company will write the security’s cost-basis or amortized cost-basis down to the fair value of the investment and recognizes an OTTI loss in the Company’s consolidated statement of operations. Additionally, any portion of such decline related to debt securities that is believed to arise from factors other than credit will be recorded as a component of other comprehensive income rather than charged against income. As discussed in Note 2 above, beginning January 1, 2018, the Company’s equity investments are measured at fair value through net income. Prior to January 1, 2018, the Company’s assessment of equity securities initially involved an evaluation of all securities that are in an unrealized loss position, regardless of the duration or severity of the loss, as of the applicable balance sheet date. Such initial review consisted primarily of assessing whether: (i) there had been a negative credit or news event with respect to the issuer that could indicate the existence of an OTTI; and (ii) the Company had the ability and intent to hold an equity security for a period of time sufficient to allow for an anticipated recovery (generally considered to be one year from the balance sheet date). To the extent that an equity security in an unrealized loss position is not impaired based on the initial review described previously, the Company then evaluates such equity security by considering qualitative and quantitative factors. These factors include but are not limited to facts and circumstances specific to individual securities, asset classes, the financial condition of the issuer, changes in dividend payment, the length of time fair value had been less than cost, the severity of the decline in fair value below cost, industry outlook and the Company’s ability and intent to hold each position until its forecasted recovery. The determination that unrealized losses on such securities were other-than-temporary was primarily based on the duration of the decline in the fair value of such securities relative to their cost as of the balance sheet date. OTTI losses were $0.0 million , $0.0 million and $0.3 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. Collateral Deposits Cash and cash equivalents and investments, the majority of which are debt securities, with fair values of $10.3 million and $ 12.9 million as of December 31, 2018 and 2017 , respectively, were deposited with governmental authorities and into custodial bank accounts as required by law or contractual obligations.

REINSURANCE

REINSURANCE	12 Months Ended
	Dec. 31, 2018
Reinsurance Disclosures [Abstract]
REINSURANCE	5. REINSURANCE Overview Reinsurance is used to mitigate the exposure to losses, manage capacity and protect capital resources. The Company reinsures (cedes) a portion of written premiums on an excess of loss or a quota-share basis in order to limit the Company’s loss exposure. To the extent that reinsuring companies are unable to meet their obligations assumed under these reinsurance agreements, the Company remains primarily liable to its policyholders. The Company is selective in choosing reinsurers and consider numerous factors, the most important of which is the financial stability of the reinsurer or capital specifically pledged to uphold the contract, its history of responding to claims and its overall reputation. In an effort to minimize the Company’s exposure to the insolvency of a reinsurer, the Company evaluates the acceptability and review the financial condition of the reinsurer at least annually with the assistance of the Company’s reinsurance broker. Significant Reinsurance Contracts 2017-2018 Excess of Loss Reinsurance Programs FNIC’s 2017-2018 reinsurance programs, which cost $174.4 million , included $124.0 million for the private reinsurance for FNIC’s Florida exposure, with prepaid automatic premium reinstatement protection on all layers, along with approximately $50.4 million payable to the Florida Hurricane Catastrophe Fund (“FHCF”). The combination of private and FHCF reinsurance treaties affords FNIC with $2.2 billion of aggregate coverage with a maximum single event coverage totaling approximately $1.5 billion , exclusive of retentions. FNIC maintained its FHCF participation at 75% for the 2017 hurricane season. FNIC’s single event pre-tax retention for a catastrophic event in Florida was $18.0 million . FNIC’s private market excess of loss treaties, covering both Florida and non-Florida exposures, became effective June 1, 2017 and July 1, 2017 . All private layers have prepaid automatic reinstatement protection, except the FHCF supplemental layer reinsurance contract, which afforded FNIC additional coverage for subsequent events. The reinsurance program included multiple year protection with $89.0 million of new multiple year protection this year and $156.0 million of renewed multiple year protection from last year. These private market excess of loss treaties structure coverage into layers, with a cascading feature such that substantially all layers attached after $25.1 million in losses for FNIC’s exposure. FNIC purchased an underlying limit of protection for $7.1 million excess of $18.0 million with prepaid automatic reinstatement protection. These treaties are with reinsurers that had an A.M. Best Company (“A.M. Best”) or Standard & Poor’s rating of “A-” or better, or have fully collateralized their maximum potential obligations in dedicated trusts. FNIC’s non-Florida excess of loss reinsurance treaties affords us up to an additional $21.0 million of aggregate coverage with first event coverage totaling $5.0 million and second event coverage up to $16.0 million . The Non-Florida retention is lowered to $13.0 million for the first event and $2.0 million for the second event (for hurricane losses only) on a gross basis though it is reduced to $6.5 million and $1.0 million on a net basis after taking into account the profit share agreement that FNIC has with our non-affiliated managing general underwriter that writes our Non-Florida property business. FNIC’s Non-Florida reinsurance program cost included $1.7 million for this private reinsurance, including prepaid automatic premium reinstatement protection. MNIC’s 2017-2018 reinsurance program, which cost $5.0 million , including $3.2 million for the private reinsurance for MNIC’s Florida exposure including prepaid automatic premium reinstatement protection on all layers, along with $1.8 million payable to FHCF. The combination of private and FHCF reinsurance treaties affords MNIC with $109.0 million of aggregate coverage with a maximum single event coverage totaling approximately $68.1 million , exclusive of retentions. MNIC maintained its FHCF participation at 75% for the 2017 hurricane season. MNIC’s private market excess of loss treaties became effective July 1, 2017 , and all private layers have prepaid automatic reinstatement protection, which affords MNIC additional coverage for subsequent events, and have a cascading feature such that substantially all layers attach at $3.4 million for MNIC’s Florida exposure. These treaties are with reinsurers that had an A.M. Best or Standard & Poor’s rating of “A-” or better, or have fully collateralized their maximum potential obligations in dedicated trusts. 2018-2019 Excess of Loss Reinsurance Programs With the February 21, 2018 acquisition of the minority interests of MNIC, the Company has combined both FNIC and MNIC under a single program allowing the Company to capitalize on efficiencies and scale. FNIC and MNIC’s combined 2018-2019 reinsurance programs is estimated to cost $148.8 million . This amount includes approximately $102.7 million for the private reinsurance for the Company’s exposure, including prepaid automatic premium reinstatement protection, along with approximately $46.1 million payable to the FHCF. The combination of private and FHCF reinsurance treaties affords FNIC and MNIC approximately $1.8 billion of aggregate coverage with a maximum single event coverage totaling approximately $1.3 billion , exclusive of retentions. Both FNIC and MNIC maintained their FHCF participation at 75% for the 2018 hurricane season. FNIC’s single event pre-tax retention for a catastrophic event in Florida is $20.0 million , up slightly from the 2017-2018 reinsurance program and MNIC’s single event pre-tax retention for a catastrophic event is $3.0 million , down slightly from the 2017-2018 reinsurance program. The combined FNIC and MNIC private market excess of loss treaties, covering both Florida and non-Florida exposures, became effective July 1, 2018 and all private layers have prepaid automatic reinstatement protection, which affords the Company additional coverage for subsequent events. These private market excess of loss treaties structure coverage into layers, with a cascading feature such that substantially all layers attach after $20.0 million in losses for FNIC and after $3.0 million in losses for MNIC. If the aggregate limit of the preceding layer is exhausted, the next layer drops down (cascades) in its place. Additionally, any unused layer protection drops down for subsequent events until exhausted. Given current market conditions, FNIC has elected not to purchase any multiple year protection and terminated the second year of the $89.0 million of multiple year protection that FNIC purchased last year on a two-year basis. FNIC also had $156.0 million of multiple year protection that expired on June 30, 2018. The overall reinsurance programs are with reinsurers that currently have an A.M. Best or Standard & Poor’s rating of “A-” or better, or have fully collateralized their maximum potential obligations in dedicated trusts. FNIC’s non-Florida excess of loss reinsurance treaties afford us an additional $23.0 million of aggregate coverage with first event coverage totaling $5.0 million and second event coverage totaling $18.0 million , with the incremental $13.0 million of second event coverage applying to hurricane losses only. The end result is a non-Florida retention of $15.0 million for the first event and $2.0 million for the second event though these retentions are reduced to $7.5 million and $1.0 million after taking into account the profit sharing agreement that FNIC has with the nonaffiliated managing general underwriter that writes our non-Florida property business. FNIC’s non-Florida reinsurance program cost will approximate $2.0 million for this private reinsurance, including prepaid automatic premium reinstatement protection. The Company’s cost and amounts of reinsurance are based on management’s current analysis of exposure to catastrophic risk. The data will be subjected to exposure level analysis at various dates during the period ending December 31, 2018. This analysis of the Company’s exposure level in relation to the total exposures to the FHCF and excess of loss treaties may produce changes in retentions, limits and reinsurance premiums as a result of increases or decreases in the Company’s exposure level. Quota-Share Reinsurance Programs FNIC's reinsurance programs also include quota-share treaties. One such treaty for 30% became effective July 1, 2014, and another for 10% became effective on July 1, 2015 with each running for two years. The combined treaties provided up to a 40% quota-share reinsurance on covered losses for the homeowners’ property and liability insurance program in Florida. The treaties were accounted for as retrospectively rated contracts whereby the estimated ultimate premium or commission is recognized over the period of the contracts. On July 1, 2016, the 30% quota-share treaty expired on a cut-off basis, which means as of that date the Company retained an incremental 30% of its unearned premiums and losses. On July 1, 2017, the 10% quota-share treaty expired on a cut-off basis, which means as of that date we retained an incremental 10% of the underlying unearned premiums and losses. The reinsurers remain liable for the paid losses occurring during the terms of the treaties, until each treaty is commuted. On July 1, 2017, FNIC bound a new 10% quota-share on its Florida homeowners book of business, which excluded named storms. This treaty is not subject to accounting as a retrospectively rated contract. This treaty expired on July 1, 2018 on a cut-off basis, meaning that the reinsurer will not be liable (under this agreement) for losses as a result of occurrences taking place after the date of termination, and the unearned premium previously ceded will be returned to FNIC. FNIC’s quota-share reinsurance program for 2018-2019, is a new treaty on FNIC’s Florida homeowners book of business, which became effective on July 1, 2018 on an in-force, new and renewal basis, excluding named storms and was initially set at 2% . In addition, this quota-share allows FNIC the flexibility to prospectively increase or decrease the cession percentage up to three times during the term of the agreement. Effective October 1, 2018, FNIC elected to increase the cession percentage from 2% to 10% on an in-force, new and renewal basis. The Company’s private passenger automobile quota-share treaties are typically programs which become effective at different points in the year and cover auto policies across several states. The automobile quota-share treaties cede approximately 75% of all written premiums entered into by the Company, subject to certain limitations including, but not limited to premium and other caps. Associated Trust Agreements Certain reinsurance agreements require FNIC and MNIC to secure the credit, regulatory and business risk. Fully funded trust agreements securing these risks for FNIC totaled less than $0.1 million and $2.6 million as of December 31, 2018 and December 31, 2017, respectively. Reinsurance Recoverable, Net Amounts recoverable from reinsurers are recognized in a manner consistent with the claims liabilities associated with the reinsurance placement and presented on the consolidated balance sheet as reinsurance recoverables. Reinsurance recoverable, net consisted of the following:  December 31,  2018 2017  (In thousands) Reinsurance recoverable on paid losses $ 45,028 $ 26,256 Reinsurance recoverable on unpaid losses 166,396 98,345 Reinsurance recoverable, net $ 211,424 $ 124,601 As of December 31, 2018 and 2017 , the Company had reinsurance recoverables of $183.5 million (as a result of Hurricane Michael and Irma) and $88.0 million (as a result of Hurricane Irma), respectively. Hurricane Michael made landfall in the Florida Panhandle as a Category 4 Hurricane on October 10, 2018. All reinsurers in our excess-of-loss reinsurance programs have an A.M. Best or Standard & Poor’s rating of “A-“ or better, or have fully collateralized their maximum potential obligations in dedicated trusts. Net Premiums Written and Net Premiums Earned Net premiums written and net premiums earned consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Net Premiums Written Direct $ 567,764 $ 603,417 $ 605,485 Ceded (202,732 ) (260,524 ) (285,986 )  $ 365,032 $ 342,893 $ 319,499 Net Premiums Earned Direct $ 580,020 $ 603,193 $ 565,423 Ceded (224,763 ) (269,712 ) (304,054 )  $ 355,257 $ 333,481 $ 261,369

LOSS AND LOSS ADJUSTMENT RESERV

LOSS AND LOSS ADJUSTMENT RESERVES	12 Months Ended
	Dec. 31, 2018
Liability for Future Policy Benefits [Abstract]
LOSS AND LOSS ADJUSTMENT RESERVES	6. LOSS AND LOSS ADJUSTMENT RESERVES The liability for loss and LAE reserves is determined on an individual-case basis for all claims reported. The liability also includes amounts for unallocated expenses, anticipated future claim development and IBNR. Activity in the liability for loss and LAE reserves is summarized as follows: ໿ ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Gross reserves, beginning-of-period $ 230,515 $ 158,110 $ 97,706 Less: reinsurance recoverable (1) (98,345 ) (40,412 ) (7,496 ) Net reserves, beginning-of-period 132,170 117,698 90,210  Incurred loss, net of reinsurance, related to: Current year 231,133 245,545 201,704 Prior year loss development (2) 2,166 13,926 13,156 Ceded losses subject to offsetting experience account adjustments (3) (4,883 ) (11,914 ) (17,050 ) Prior years (2,717 ) 2,012 (3,894 ) Total incurred loss and LAE, net of reinsurance 228,416 247,557 197,810  Paid loss, net of reinsurance, related to: Current year 155,462 160,945 123,364 Prior years 75,290 72,140 46,958 Total paid loss and LAE, net of reinsurance 230,752 233,085 170,322  Net reserves, end-of-period 129,834 132,170 117,698 Plus: reinsurance recoverable (1) 166,396 98,345 40,412 Gross reserves, end-of-period $ 296,230 $ 230,515 $ 158,110 (1) Reinsurance recoverable in this table includes only ceded loss and LAE reserves. (2) Reflects loss development from prior accident years impacting pre-tax net income. Excludes losses ceded under retrospective reinsurance treaties to the extent there is an offsetting experience account adjustment. (3) Reflects losses ceded under retrospective reinsurance treaties to the extent there is an offsetting experience account adjustment, such that there is no impact on pre-tax net income (loss). The establishment of loss reserves is an inherently uncertain process and changes in loss reserve estimates are expected as such estimates are subject to the outcome of future events. The factors influencing changes in claim costs are often difficult to isolate or quantify and developments in paid and incurred losses from historical trends are frequently subject to multiple interpretations. Changes in estimates, or differences between estimates and amounts ultimately paid, are reflected in the operating results of the period during which such adjustments are made. During the year ended December 31, 2018 , the Company experienced $2.2 million of unfavorable loss and LAE reserve development on prior accident years in its personal automobile and commercial general liability lines of businesses, partially offset by redundancy in the homeowners line of business as a result of lower LAE expenses primarily associated with Hurricane Irma. During the year ended December 31, 2017, the Company experienced $13.9 million of unfavorable loss and LAE reserve development on prior accident years primarily in our personal automobile and homeowners line of business. The automobile’s unfavorable development primarily related to the 2016 accident year from our auto program in the state of Georgia. The homeowners unfavorable development primarily related to the continued impact from assignment of benefits ("AOB") and related ligation costs in the state of Florida. As previously disclosed, the Company entered into 30% and 10% retrospectively-rated Florida-only property quota-share treaties, which ended on July 1, 2016 and 2017, respectively. These agreements included a profit share (experience account) provision, under which the Company will receive ceded premium adjustments at the end of the treaty to the extent there is a positive balance in the experience account. This experience account is based on paid losses rather than incurred losses. Due to the retrospectively-rated nature of this treaty, when the experience account is positive we cede losses under these treaties as the claims are paid with an equal and offsetting adjustment to ceded premiums (in recognition of the related change to the experience account receivable), with no impact on net income. Conversely, when the experience account is negative, the Company cedes losses on an incurred basis with no offsetting adjustment to ceded premiums, which impacts net income. Loss development can be either favorable or unfavorable regardless of whether the experience account is in a positive or negative position. Beginning in 2017, for purposes of the total incurred loss, net of reinsurance line within this disclosure, the Company has classified paid losses related to these retrospectively rated quota-share treaties which were ceded during the indicated year but relating to a prior accident year in a separate line. The related amounts in the previous year have been adjusted to conform to this presentation. Prior to 2017, these amounts were included in the current year incurred line item in the table above. Total amounts of incurred losses presented for 2016 remain unchanged. During the year ended December 31, 2016 , the Company experienced unfavorable loss and LAE reserve development on prior accident years primarily in its all other peril homeowners coverage in Florida. In the first half of 2016, the Company began to experience a new and higher level of AOB claims both in frequency and severity in our homeowners business in Florida, which caused adverse experience on the loss activity in accident years 2015 and 2016. This increased level of AOB claims was the significant driver in the Company’s decision to increase the Company’s 2015 accident year reserves related to the Company’s homeowners Florida policies. AOB is a legal construct that allows a third party to step into the shoes of the insured and is then paid directly by an insurance company for services rendered on behalf of the insured for a covered loss. Absent an AOB, the insured would pay the third party and those costs would be reimbursed by the insurance company to the insured. AOB is commonly used when a homeowner experiences a water loss, for example a leaky pipe, an overflow from a sink, or a damaged appliance, and contacts a contractor or water remediation company. Misuse of this legal construct has led to contractors over inflating costs of claims and/or submitting improper claims, causing insurance companies to have to either pay the overinflated claim, fight the claim in court, or both. In all cases, AOB claims cost the insurance company, on average, more than five times the cost to settle non-AOB claims, which has been a primary driver the increase to our overall loss and loss adjustment in comparison to historical severity averages. Although the concept of AOB had been around for several years prior to 2016, the Company had a relatively low level of AOB claims in the accident years prior to 2016 and the related adverse impact of AOB claims had a marginal impact on the Company’s overall loss experience. Given the nature of AOB claims, it is difficult to identify the number of outstanding or expected AOB claims as the third parties may not step into the shoes of the insured or may not identify itself to the Company until later on in the claim processing cycle. This delay in identifying AOB claims creates a challenge in estimating the Company’s loss reserves, as capturing the incremental costs to settle AOB claims as part of the Company’s calculation of estimated loss reserves at the end of the year. Accordingly, the challenge described above together with the change in the Company’s historical trend on AOB claims were the main drivers of the prior year development in 2016. The following tables provide incurred losses and ALAE and cumulative paid losses and ALAE, net of reinsurance, for the prior 10 accident years, and the total of IBNR reserves plus expected development on reported claims and the cumulative number of reported claims (in thousands, except number of reported claims), as of the most recent reporting period, by the Company’s significant lines of business, which are homeowners, commercial general liability and automobile.  IBNR & Expected Cumulative  Homeowners Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims (1)  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 26,228 $ 25,618 $ 25,955 $ 26,482 $ 27,015 $ 27,041 $ 27,119 $ 27,163 $ 27,173 $ 27,159 $ 141 $ 2,334 2010 24,825 25,056 26,151 27,895 28,968 29,407 29,945 30,459 30,602 30 2,391 2011 20,492 21,344 23,007 23,932 24,582 25,957 26,143 26,394 25 2,428 2012 23,032 23,301 24,186 24,468 25,889 26,356 26,836 38 2,691 2013 43,807 42,021 35,834 35,859 37,185 37,880 139 3,427 2014 64,312 63,300 61,770 62,206 61,817 636 7,621 2015 99,497 92,411 95,129 94,760 2,232 13,137 2016 171,264 162,043 158,764 11,832 23,982 2017 202,844 192,769 62,363 62,200 2018 210,158 91,887 28,532  Total $ 867,139 (1) The cumulative number of reported claims is measured by individual claimant at a coverage level.   Homeowners Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 15,047 $ 23,095 $ 24,657 $ 26,007 $ 26,462 $ 26,831 $ 26,927 $ 26,982 $ 27,049 $ 27,015 2010 14,052 21,350 24,730 26,886 27,984 29,092 29,739 30,376 30,449 2011 11,119 19,250 21,323 22,723 24,047 25,580 25,982 26,287 2012 13,693 20,728 23,120 23,923 25,186 26,113 26,777 2013 19,986 31,606 33,867 35,123 35,803 37,473 2014 37,033 53,831 57,891 59,722 60,555 2015 52,214 79,359 86,647 90,415 2016 102,556 142,716 148,274 2017 135,589 176,580 2018 141,173   $ 764,998   All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 138 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 102,279 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for homeowners policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Homeowners 57.8 % 23.5 % 5.7 % 3.8 % 2.5 % 3.5 % 1.5 % 1.1 % 0.2 % — %  IBNR & Expected Cumulative  Commercial General Liability Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 13,297 $ 12,397 $ 12,220 $ 11,943 $ 9,270 $ 10,192 $ 10,466 $ 11,081 $ 11,621 $ 12,872 $ 5 $ 988 2010 8,552 7,582 7,474 7,045 7,535 7,597 7,645 7,809 8,252 72 691 2011 6,436 5,854 4,749 4,603 4,760 5,409 6,254 6,828 63 1,058 2012 5,279 4,952 4,801 4,700 4,658 4,346 4,509 121 538 2013 7,095 5,069 5,221 5,502 5,704 5,580 219 573 2014 7,475 7,709 6,384 6,620 6,348 161 673 2015 8,082 7,008 6,020 5,377 215 713 2016 10,727 5,809 6,561 402 695 2017 8,289 7,853 4,634 530 2018 6,553 5,254 313  Total $ 70,733  Commercial General Liability Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 2,253 $ 4,236 $ 6,466 $ 7,384 $ 8,046 $ 8,593 $ 10,130 $ 10,454 $ 11,308 $ 12,377 2010 1,187 2,279 3,855 5,553 6,363 7,238 7,382 7,631 7,918 2011 764 2,763 3,366 3,673 4,246 4,866 5,831 6,349 2012 871 1,714 2,632 3,342 3,686 3,841 4,098 2013 882 2,233 3,366 3,867 4,606 5,033 2014 717 2,593 3,855 4,375 5,130 2015 798 2,296 3,249 3,827 2016 1,515 3,657 5,088 2017 1,592 2,478 2018 963  Total $ 53,261  All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 1,416 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 18,888 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for commercial general liability policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Commercial general liability 14.1 % 18.5 % 18.5 % 9.1 % 7.6 % 6.0 % 7.7 % 3.4 % 4.7 % 9.6 %  IBNR & Expected Cumulative  Automobile Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 272 $ 267 $ 259 $ 264 $ 258 $ 243 $ 243 $ 243 $ 243 $ 242 $ — $ 57 2010 2,823 2,963 3,111 3,088 3,044 3,035 3,059 3,041 3,042 — 969 2011 3,580 3,350 2,954 2,912 2,762 2,848 2,796 2,756 — 789 2012 1,735 1,741 1,717 1,424 1,455 1,491 1,448 2 822 2013 1,517 1,863 1,826 1,829 2,161 2,123 9 3,468 2014 2,038 3,213 3,551 4,315 4,379 14 6,006 2015 3,045 2,882 2,781 2,878 62 6,498 2016 13,414 20,205 24,346 482 45,423 2017 20,411 22,472 2,222 31,169 2018 3,513 2,230 6,241  Total $ 67,199   Automobile Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 61 $ 218 $ 220 $ 225 $ 241 $ 243 $ 243 $ 243 $ 243 $ 242 2010 1,713 2,482 2,715 2,863 2,942 2,978 2,984 3,035 3,037 2011 1,417 2,381 2,562 2,644 2,726 2,755 2,755 2,755 2012 867 1,293 1,333 1,384 1,393 1,430 1,444 2013 907 1,609 1,906 2,069 2,109 2,112 2014 1,455 3,120 3,678 4,122 4,291 2015 1,393 2,293 2,670 2,807 2016 8,084 17,258 23,053 2017 12,821 20,762 2018 2,331  Total $ 62,834  All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 9 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 4,374 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for automobile policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Automobile 41.7 % 32.2 % 16.4 % 5.5 % 2.5 % 1.0 % 0.2 % 0.5 % — % — % The reconciliation of the net incurred and paid development tables to the liability for unpaid losses and LAE in the consolidated balance sheets is as follows:  December 31, 2018 2017  (In thousands) Liabilities for unpaid losses and ALAE: Homeowners $ 102,279 $ 99,650 Commercial general liability 18,888 17,111 Automobile 4,374 11,030 Flood — — Total liabilities for unpaid losses and ALAE, net of reinsurance 125,541 127,791 Reinsurance recoverables: Homeowners 158,043 81,852 Commercial general liability — — Automobile 8,275 15,360 Flood 78 1,133 Total reinsurance recoverables 166,396 98,345 Unallocated loss adjustment expenses 4,293 4,379 Gross liability for unpaid losses and LAE $ 296,230 $ 230,515 Management establishes a liability on an aggregate basis to provide for the estimated IBNR. The estimates of the liability for loss and LAE reserves are subject to the effect of trends in claims severity and frequency and are continually reviewed. As part of this process, we review historical data and consider various factors, including known and anticipated legal developments, inflation and economic conditions. As experience develops and other data become available, these estimates are revised, as required, resulting in increases or decreases to the existing liability for loss and LAE reserves. Adjustments are reflected in results of operations in the period in which they are made and the liabilities may deviate substantially from prior estimates. Various actuarial methods are utilized to determine the reserves that are booked to our financial statements. Weightings of tests and methods at a detailed level may change from evaluation to evaluation based on a number of observations, measures and time elements. On an overall basis, changes to methods and/or assumptions underlying reserve estimations and selections as of December 31, 2018 and 2017, were not considered material. IBNR reserves are established for the quarter and year-end based on a quarterly reserve analysis by our actuarial staff. Various standard actuarial tests are applied to subsets of the business at a line of business and coverage basis. Included in the analyses are the following: • Reported Loss Development Method : A reported loss development pattern is calculated based on historical loss development data, and this pattern is then used to project the latest evaluation of cumulative reported losses for each accident year or underwriting year, as appropriate, to ultimate levels; • Paid Development Method : A paid loss development pattern is calculated based on historical paid loss development data, and this pattern is then used to project the latest evaluation of cumulative paid losses for each accident year or underwriting year, as appropriate, to ultimate levels; • Expected Loss Ratio Method : Expected loss ratios are applied to premiums earned, based on historical company experience, or historical insurance industry results when company experience is deemed not to be sufficient; and • Bornhuetter-Ferguson Method : The results from the Expected Loss Ratio Method are essentially blended with either the Reported Loss Development Method or the Paid Development Method.

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	7. LONG-TERM DEBT Long-term debt consisted of the following: December 31, 2018 2017 (In thousands) Senior unsecured floating rate notes, due December 31, 2027, net of deferred financing costs of $348 and $377, respectively $ 24,652 $ 24,623 Senior unsecured fixed rate notes, due December 31, 2022, net of deferred financing costs of $248 and $302, respectively 19,752 19,698 Debt from consolidated VIE, due March 17, 2021, net of deferred financing costs of $0 and $70, respectively — 4,930 Total long-term debt, net $ 44,404 $ 49,251 Senior Unsecured Notes On December 28, 2017, the Company completed a private offering and issued $25.0 million principal amount of Senior Unsecured Floating Rate Notes due 2027 (the “2027 Notes”), pursuant to an indenture dated as of December 28, 2017 (the “Indenture”), as supplemented by a supplemental indenture dated as of December 28, 2017 (“Supplemental Indenture No. 1”). The 2027 Notes bear interest, payable quarterly in arrears, at 7% above three-month LIBOR , on March 31, June 30, September 30 and December 31 of each year, commencing on March 31, 2018. Principal will be payable in full at maturity on December 31, 2027. The interest rate payable on the 2027 Notes will increase to 8% above the three-month LIBOR during the occurrence of certain events as defined in the Indenture (generally, non-compliance with certain covenants for more than 60 days , or the occurrence of an event of default). The 2027 Notes may be redeemed in whole or in part at a price in cash equal to 102% of the principal amount thereof, plus any accrued and unpaid interest, in the first two years after issuance, 101% of the principal amount thereof, plus any accrued and unpaid interest, in the third through fifth years after issuance, and at 100% of the principal amount thereof, plus any accrued and unpaid interest, after the fifth year after issuance. On December 29, 2017, the Company closed an additional tranche of $20.0 million of Senior Unsecured Fixed Rate Notes due 2022 (the “2022 Notes”), pursuant to the Indenture, as supplemented by a supplemental indenture dated as of December 29, 2017 (“Supplemental Indenture No. 2”). The 2022 Notes bear interest payable quarterly in arrears at 8.375% , on March 31, June 30, September 30 and December 31 of each year, commencing on March 31, 2018. The interest rate payable on the 2022 Notes will increase by an additional 50 basis points for each notch downgrade of the Company below “BBB” by Egan Jones Rating Company or successor rating agency. Principal on the 2022 Notes will be payable in full at maturity on December 31, 2022. The 2022 Notes may not be early-redeemed by the Company. If a change in control of the Company, as defined in the Indenture, occurs, the holders of the 2027 Notes and 2022 Notes will have the right to require the Company to purchase all or a portion of their notes at a price in cash equal to 102% of the principal amount thereof, plus any accrued but unpaid interest. The 2027 Notes and 2022 Notes are senior unsecured obligations of the Company and will rank equally with all of the Company’s other future senior unsecured indebtedness. The Indenture, as supplemented by Supplemental Indenture No. 1 and Supplemental Indenture No. 2, includes customary covenants and events of default. Among other things, the covenants: (a) restrict the ability of the Company and its subsidiaries to incur additional indebtedness or make restricted payments under certain circumstances; (b) limit the Company and its subsidiaries from creating, incurring or assuming liens other than permitted liens as defined in the indenture; (c) require the Company to maintain certain levels of reinsurance coverage while the notes remain outstanding; and (d) maintain certain financial covenants. During the first quarter of 2019, the Company will be retiring the 2027 and 2022 Notes, in connection with the offering of $100 million of Senior Unsecured Notes due 2029, which bear interest at the annual rate of 7.5% . Refer to Note 17 below for additional information. Other Long-Term Debt As discussed in Note 1 above, the outstanding principal balance of $5.0 million promissory note to TransRe was paid in full in February 2018. The associated deferred financing costs for this debt of less than $0.1 million was recognized as interest expense in our consolidated statement of operations for the three months ended March 31, 2018. As of December 31, 2018, the Company’s estimated annual aggregate amount of debt maturities includes the following: Aggregate Debt For the Years Ending December 31, Maturities (In thousands) 2019 $ — 2020 — 2021 — 2022 20,000 2023 — Thereafter 25,000 Total debt maturities 45,000 Less: deferred financing costs 596 Total debt maturities, net $ 44,404

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	8. INCOME TAXES The components of income tax expense include the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Federal: Current $ 5,162 $ 2,431 $ 5,076 Deferred (751 ) 810 (4,714 ) Federal income tax expense (benefit) 4,411 3,241 362 State: Current 1,383 494 674 Deferred (296 ) (150 ) (494 ) State income tax expense (benefit) 1,087 344 180 Total income tax expense (benefit) $ 5,498 $ 3,585 $ 542 The actual income tax expense differs from the “expected” income tax expense (computed by applying the combined applicable effective federal and state tax rates to income before income tax expense) as follows: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Computed expected tax expense provision, at federal rate $ 4,244 $ 3,124 $ 631 State tax, net of federal tax benefit 761 187 50 Tax-exempt interest (134 ) (429 ) (571 ) Income subject to dividends-received deduction (13 ) (76 ) (219 ) Return to provision 158 329 145 Rate changes — 297 — Executive compensation 436 185 382 Meals and entertainment 28 76 130 Other 18 (108 ) (6 ) Total income tax expense (benefit) $ 5,498 $ 3,585 $ 542 Our effective income tax rate is the ratio of income tax expense (benefit) over our income (loss) before income taxes. For the years ended December 31, 2018 , 2017 and 2016 , the effective income tax rate was 27.2% , 40.2% and 30.1% , respectively. Differences in the effective income tax from the statutory Federal income tax rate of 21% in 2018 and 35% in 2017 and 2016, is driven by state income taxes and anticipated annual permanent differences, including estimates for tax-exempt interest, dividends received deduction, executive compensation and other items. The Tax Act made broad and complex changes to the U.S. tax code, including, but not limited to reducing the U.S. federal corporate tax rate from 35% to 21%. In connection with the Company’s analysis of the impact of the Tax Act, the Company recorded a discrete provisional net tax expense of $0.3 million for the year ended December 31, 2017. This estimated net expense primarily consists of the U.S. federal rate reduction from 35% to 21% applied to the net deferred tax asset. During 2018, the impact of the Tax Legislation was not adjusted from the Company's preliminary estimates. The accounting for income tax effects of the Tax Legislation has been completed. The Company does not have a valuation allowance as of December 31, 2018 and 2017 . The Company recognizes income tax expense, including accrued interest and penalties related to unrecognized tax benefits, in income tax expense in the consolidated statements of operations and consolidated statements of comprehensive income (loss). A reconciliation of these uncertain tax positions was as follows:  Year Ended December 31,  2018 2017 2016  (In thousands) Balance at January 1 $ 585 $ 585 $ 203 Increases (decreases) for tax positions taken during the current year — — 382 $ 585 $ 585 $ 585 Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s net deferred income tax asset (liability) include the following: ໿  Year Ended December 31,  2018 2017  (In thousands) Deferred income tax assets: Unearned premiums $ 9,977 $ 9,543 Unpaid losses and loss adjustment expenses 958 1,050 Accrued expenses 832 689 Net operating loss carryforwards 1,714 1,567 Deferred revenue 236 — Share-based compensation 255 255 Unrealized gains on investment securities 1,254 — Other 21 123 Total deferred income tax assets 15,247 13,227 Deferred income tax liabilities: Deferred acquisition costs (11,198 ) (11,742 ) Depreciation and amortization (577 ) (548 ) Unrealized gains on investment securities — (600 ) Other (273 ) (30 ) Total deferred income tax liabilities (12,048 ) (12,920 ) Deferred income tax asset (liability), net $ 3,199 $ 307 The Company files a federal income tax return and various state and local tax returns. The Company’s consolidated federal and state income tax returns for 2015 - 2017 are open for review by the Internal Revenue Service and other state taxing authorities.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	9. COMMITMENTS AND CONTINGENCIES Litigation and Legal Proceedings In the ordinary course of business, the Company is involved in various legal proceedings, specifically claims litigation. The Company’s insurance subsidiaries participate in most of these proceedings by either defending third-party claims brought against insureds or litigating first-party coverage claims. The Company accounts for such activity through the establishment of loss and LAE reserves. The Company’s management believes that the ultimate liability, if any, with respect to such ordinary-course claims litigation, after consideration of provisions made for potential losses and costs of defense, is immaterial to the Company’s consolidated financial statements. The Company is also occasionally involved in other legal and regulatory proceedings, some of which may assert claims for substantial amounts, making the Company party to individual actions in which extra contractual damages, punitive damages or penalties, such as claims alleging bad faith in the handling of insurance claims, are sought. The Company reviews the outstanding matters, if any, on a quarterly basis. The Company accrues for estimated losses and contingent obligations in the consolidated financial statements if and when the obligation or potential loss from any litigation, legal proceeding or claim is considered probable and the amount of the potential exposure is reasonably estimable. The Company records such probable and estimable losses, through the establishment of legal expense reserves. As events evolve, facts concerning litigation and contingencies become known and as additional information becomes available, the Company’s management reassesses its potential liabilities related to pending claims and litigation and may revise its previous estimates and make appropriate adjustment to the financial statements. Estimates that require judgment are subject to change and are based on management’s assessment, including the advice of legal counsel, the expected outcome of litigation and legal proceedings or other dispute resolution proceedings or the expected resolution of contingencies. The Company’s management believes that the Company’s accruals for probable and estimable losses are reasonable and that the amounts accrued do not have a material effect on the Company’s consolidated financial statements. The Company is a party to a Co-Existence Agreement effective as of August 30, 2013 (the “Co-Existence Agreement”) with Federated Mutual Insurance Company (“Mutual”) pursuant to which the Company agreed to certain restrictions on its use of the word “FEDERATED” without the word “NATIONAL” when referring to FNHC and FedNat Insurance Company. In response to Mutual’s allegations that the Company’s use of the word “FED” as part of the Company’s federally registered “FEDNAT” trademark infringes on Mutual’s federal and common law trademark rights, which the Company disputed, on July 21, 2016, the Company filed a declaratory judgment action for non-infringement of trademark in the U.S. District Court for the Southern District of Florida. Specifically, the Company sought a declaration that its federally registered trademark "FEDNAT" does not infringe any alleged trademark rights of Mutual and that Mutual does not own any trademark rights to the name or mark "FED" in connection with insurance services outside of Owatonna, Minnesota. Mutual made a demand for arbitration in July 2016, and the district court referred the dispute to arbitration under the terms of the Co-Existence Agreement. On February 16, 2018, the arbitrator determined that the Company’s “FEDNAT” trademark does not infringe on Mutual’s trademarks and does not violate the Co-Existence Agreement. As a result, the Company has continued the process of re-branding the Company and certain of its subsidiaries to use the “FEDNAT” name. The arbitrator also required the Company to cease using the Federated National name within 90 days. FNHC has asserted that the artibtrator exceeded his authority by ordering a name change within 90 days. FNHC attempted, but was unable, to reach agreement with Mutual as to the timing of the name change ordered by the arbitrator. Therefore, two proceedings have been filed as a result. Mutual filed a petition to confirm the award in federal court in the District of Minnesota. The Company moved to dismiss that action on the bases that the Minnesota court does not have subject matter jurisdiction and may not exercise personal jurisdiction over FNHC. The Company also filed a motion to confirm the arbitration award in part and to vacate it in part in federal court in the Northern District of Illinois, which is where the arbitrator is located, to confirm that part of the award ruling that the Company’s “FEDNAT” trademark does not violate Mutual’s trademarks or the Co-Existence Agreement, and seeks to vacate that portion of the award that requires the Company to cease using the “Federated” in its name within 90 days on the basis that arbitrator exceeded his authority by requiring the Company to change its name in 90 days. The District Court in Minnesota affirmed the arbitration award, including the requirement for the name change in 90 days. FNHC has filed an appeal of the order to the U.S. Court of Appeals for the Eighth Circuit; the parties have completed briefing the appeal, and the Eighth Circuit has set oral argument for March 13, 2019. The Eighth Circuit will render a decision some time following oral argument. The District Court in the Northern District of Illinois has been asked to stay its proceedings pending the outcome of the Company’s appeal to the Eighth Circuit. There can be no assurances as to the ultimate outcome of this matter. Assessment Related Activity The Company operates in a regulatory environment where certain entities and organizations have the authority to require us to participate in assessments. Currently these entities and organizations include: Florida Insurance Guaranty Association (“FIGA”), Citizens Property Insurance Corporation (“Citizens”), FHCF, Florida Automobile Joint Underwriters Association (“JUA”), Georgia Insurers Insolvency Pool (“GIIP”), Special Insurance Fraud Fund (“SIIF”), Fair Access to Insurance Requirements Plan (“FAIRP”), Georgia Automobile Insurance Plan (“GAIP”), Property Insurance Association of Louisiana (“PIAL”), Louisiana Automobile Insurance Plan (“LAIP”), South Carolina Property & Casualty Insurance Guaranty Association (“SCPCIGA”), Texas Property and Casualty Insurance Guaranty Association (“TPCIGA”), Texas Windstorm Insurance Association (“TWIA”), Texas Automobile Insurance Plan Association (“TAIPA”), Alabama Insurance Guaranty Association (“AIGA”), and Alabama Insurance Underwriters Association (“AIUA”). As a direct premium writer in Florida, we are required to participate in certain insurer solvency associations under Florida law, administered by FIGA. FNIC is also required to participate in an insurance apportionment plan under Florida law, which is referred to as a JUA Plan. The JUA Plan provides for the equitable apportionment of any profits realized, or losses and expenses incurred, among participating automobile insurers. In the event of an underwriting deficit incurred by the JUA Plan, which is not recovered through the policyholders in the JUA Plan, such deficit shall be recovered from the companies participating in the JUA Plan in the proportion that the net direct written premiums of each such member during the preceding calendar year bear to the aggregate net direct premiums written in this state by all members of the JUA Plan. There were no material assessments by the JUA Plan as of December 31, 2018 . Future assessments by the JUA and the JUA Plan are indeterminable at this time. Leases The Company is committed under various operating lease agreements for office space. FNHC and its subsidiaries lease certain facilities, furniture and equipment under long-term lease agreements. Rental expense for the years ended December 31, 2018 , 2017 and 2016 was $0.7 million , $0.6 million and $0.6 million , respectively. Future minimum lease payments under these agreements are as follows: ໿ Aggregate  Minimum Year Ended December 31, Lease Payments  (In thousands) 2019 $ 802 2020 955 2021 984 2022 1,013 2023 1,043 Thereafter 5,500 Total $ 10,297

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
SHAREHOLDERS' EQUITY	10. SHAREHOLDERS’ EQUITY Common Stock Repurchases The Company may repurchase shares in open market transactions in accordance with Rule 10b-18 or under Rule 10b5-1 of the Exchange Act from time to time in its discretion, based on ongoing assessments of the Company’s capital needs, the market price of its common stock and general market conditions. The amount and timing of all repurchase transactions are contingent upon market conditions, applicable legal requirements and other factors. In March 2017, the Company’s Board of Directors authorized a program to repurchase shares of common stock of FNHC, at such times and at prices as management determined advisable, up to an aggregate of $10.0 million of common stock through March 31, 2018. This authorization was fully expended as of March 31, 2018. In December 2017, the Company’s Board of Directors authorized an additional share repurchase program under which the Company may repurchase up to $10.0 million (plus $0.8 million remaining from previous authorization which was fully expended as of March 31, 2018) of its outstanding shares of common stock through December 31, 2018. During the year ended December 31, 2018 , the Company repurchased 326,708 shares of its common stock at a total cost of $5.1 million , which is an average price per share of $15.49 . The unused portion of this authorization expired on December 31, 2018. In December 2018, the Company’s Board of Directors authorized an additional share repurchase program under which the Company may repurchase up to $10.0 million of its outstanding shares of common stock through December 31, 2019. As of December 31, 2018, the remaining availability for future repurchases of our common stock under this program was $10.0 million . Securities Offerings In June 2018, the Company filed with the Securities and Exchange Commission (“SEC”) on Form S-3, a shelf registration statement enabling the Company to offer and sell, from time to time, up to an aggregate of $150.0 million of securities. No securities have been offered or sold under this registration statement. Stock Compensation Plan In April 2012, the Company’s Board of Directors adopted, and in September 2012 the Company’s shareholders approved, the Company’s 2012 Stock Incentive Plan (the “2012 Plan”). The 2012 Plan permits the issuance of up to 1,000,000 shares of the Company’s common stock, subject to adjustment as provided for in the 2012 Plan, in connection with the grant of a variety of equity incentive awards, such as stock options and restricted stocks. Officers, directors, executive management and all other employees of the Company and its subsidiaries are eligible to participate in the 2012 Plan. Awards may be granted singly, in combination, or in tandem. In June 2018, the Company filed with the SEC on Form S-8, a registration statement registering 800,000 shares of common stock reserved for issuance under the Company’s 2018 Omnibus Incentive Compensation Plan (the “2018 Plan”). The 2018 Plan, which was approved by the Company’s shareholders at the 2018 annual meeting, replaces the 2012 Plan, and is an equity compensation plan that may be used for our employees, non-employee directors, consultants and advisors. Share-Based Compensation Expense Share-based compensation arrangements include the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Restricted stock $ 2,134 $ 2,639 $ 3,831 Performance stock 233 207 — Total share-based compensation expense $ 2,367 $ 2,846 $ 3,831  Recognized tax benefit $ 600 $ 1,098 $ 1,478 Intrinsic value of options exercised $ 229 $ 371 $ 1,373 Fair value of restricted stock vested $ 2,360 $ 2,328 $ 4,150 The intrinsic value of options exercised represents the difference between the stock option exercise price and the weighted average closing stock price of FNHC common stock on the exercise dates, as reported on the NASDAQ Global Market. The unamortized share-based compensation expense is $3.4 million as of December 31, 2018 , which will be recognized over the remaining weighted average vesting period of approximately 1.41 years. Stock Option Awards A summary of the Company’s stock option activity includes the following: Weighted Average Number of Option  Shares Exercise Price Outstanding at January 1, 2016 174,633 $ 3.79 Granted — — Exercised (94,249 ) 3.85 Cancelled (900 ) 4.40 Outstanding at December 31, 2016 79,484 3.70 Granted — — Exercised (29,133 ) 3.68 Cancelled — — Outstanding at December 31, 2017 50,351 3.72 Granted — — Exercised (10,834 ) 3.47 Cancelled (500 ) 2.45 Outstanding at December 31, 2018 39,017 $ 3.80 ໿ Stock options outstanding and exercisable in a select price range is as follows:  Options Outstanding and Exercisable  Weighted Average  Remaining  Shares Outstanding Contractual Life Weighted Average Aggregate Range of Exercise Price and Exercisable (years) Exercise Price Intrinsic Value $2.45 - $4.40 39,017 2.89 $3.80 628,993 Restricted Stock Awards The Company recognizes share-based compensation expense for all restricted stock awards (“RSAs”) held by the Company’s directors, executives and other key employees. For all RSAs, excluding relative total shareholder return ("TSR"), the accounting charge is measured at the grant date as the fair value of FNHC common stock and expensed as non-cash compensation over the vesting term using the straight-line basis for service awards and over successive one -year requisite service periods for performance‑based awards. Our expense for our performance awards depends on achievement of specified results; therefore the ultimate expense can range from 0% to 250% of target. Our TSR cliff vesting awards contain performance criteria which are tied to the achievement of certain market conditions. The TSR grant date fair value was determined using a Monte Carlo simulation and, unlike the performance condition awards, the expense is not reversed if the performance condition is not met. This value is recognized as expense over the requisite service period using the straight‑line recognition method. During the years ended December 31, 2018 and 2017 , the Board of Directors granted 133,060 and 106,454 RSAs, respectively, vesting over three or five years, to the Company’s directors, executives and other key employees. RSAs activity includes the following: ໿ Weighted Average Number of Grant Date  Shares Fair Value Outstanding at January 1, 2016 418,807 $ 20.14 Granted 128,472 19.16 Vested (204,916 ) 20.25 Cancelled (5,160 ) 20.58 Outstanding at December 31, 2016 337,203 19.69 Granted 106,454 17.95 Vested (140,514 ) 16.57 Cancelled (5,600 ) 19.80 Outstanding at December 31, 2017 297,543 20.54 Granted 133,060 16.31 Vested (112,071 ) 21.06 Cancelled (56,198 ) 17.87 Outstanding at December 31, 2018 262,334 $ 18.78 The weighted average grant date fair value is measured using the closing price of FNHC common stock on the grant date, as reported on the NASDAQ Global Market. Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) associated with debt securities - available-for-sale consisted of the following:  Year Ended December 31,  2018 2017  Before Tax Income Tax Net Before Tax Income Tax Net  (In thousands) Accumulated other comprehensive income (loss), beginning-of-period $ 2,287 $ (593 ) $ 1,694 $ 3,324 $ (1,201 ) $ 2,123 Cumulative effect of new accounting standards (1,349 ) 355 (994 ) — — — Other comprehensive income (loss) before reclassification (8,747 ) 2,217 (6,530 ) 7,511 (2,640 ) 4,871 Reclassification adjustment for realized losses (gains) included in net income 2,786 (706 ) 2,080 (8,548 ) 3,248 (5,300 )  (5,961 ) 1,511 (4,450 ) (1,037 ) 608 (429 ) Accumulated other comprehensive income (loss), end-of-period $ (5,023 ) $ 1,273 $ (3,750 ) $ 2,287 $ (593 ) $ 1,694

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLAN	11. EMPLOYEE BENEFIT PLAN The Company sponsors a profit sharing plan under Section 401(K) of the Internal Revenue Code, which is a defined contribution plan that allows employees to defer compensation through contributions to the 401(K) Plan. This plan covers substantially all employees who meet specified service requirements and includes a 100% match up to the first 6% of an employee’s salary, not to exceed statutory limits. Additionally, the Company may make additional profit-sharing contributions. For the years ended December 31, 2018 and 2017 , the Company made no additional profit-sharing contribution. The Company’s total contributions to the 401(K) Plan were $1.0 million , $0.8 million and $0.9 million for the years ended December 31, 2018 , 2017 and 2016 , respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	12. RELATED PARTY TRANSACTIONS Bruce F. Simberg, the Company’s Chairman of the Board, is a partner of the Hollywood, Florida law firm of Conroy Simberg, which specializes in insurance defense and coverage matters. The Company paid legal fees to Conroy Simberg for services rendered in the amount of $0 , $0 and $0.1 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. The firm has handled only a limited number of matters for the Company. Mr. Simberg has not been personally involved in any of the legal matters handled by the firm for the Company and he received de minimis direct personal benefit from the fees paid to the firm by the Company. The firm is no longer working any current cases for the Company and we do not, at this time, anticipate retaining the firm for future matters. Related to an equity method investment in Southeast Catastrophe Consulting Company, LLC, based in Mobile, Alabama, the Company recorded claims adjustment service fees and other expenses of $6.7 million , $17.0 million , and $3.1 million for the years ended December 31, 2018, 2017 and 2016, respectively. Additionally, the Company recognized other income in the consolidated statements of operations, of $0.3 million , $2.0 million and $0.2 million , respectively.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
EARNINGS PER SHARE	13. EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the period, including vested restricted stock awards during the period. Diluted EPS is computed by dividing net income by the weighted average number of shares outstanding, noted above, adjusted for the dilutive effect of stock options and unvested restricted stock awards. Dilutive securities are common stock equivalents that are freely exercisable into common stock at less than market prices or otherwise dilute earnings if converted. The net effect of common stock equivalents is based on the incremental common stock that would be issued upon the assumed exercise of common stock options and the vesting of RSAs using the treasury stock method. Common stock equivalents are not included in diluted earnings per share when their inclusion is antidilutive. The following table presents the calculation of basic and diluted EPS:  Year Ended December 31,  2018 2017 2016  (In thousands, except per share data) Net income (loss) attributable to FedNat Holding Company shareholders $ 14,928 $ 7,989 $ 1,015 Weighted average number of common shares outstanding - basic 12,775 13,170 13,758 Net income (loss) per common share - basic $1.17 $0.61 $0.07  Weighted average number of common shares outstanding - basic 12,775 13,170 13,758 Dilutive effect of stock compensation plans 92 80 164 Weighted average number of common shares outstanding - diluted 12,867 13,250 13,922 Net income (loss) per common share - diluted $ 1.16 $ 0.60 $ 0.07  Dividends per share $ 0.24 $ 0.32 $ 0.27 Dividends Declared In February 2018, our Board of Directors declared a $0.08 per common share dividend, paid in June 2018, to shareholders of record on May 1, 2018, amounting to $1.1 million . In June 2018, our Board of Directors declared a $0.08 per common share dividend, payable in September 2018, to shareholders of record on August 1, 2018, amounting to $1.0 million . In October 2018, our Board of Directors declared a $0.08 per common share dividend, payable in December 2018, to shareholders of record on November 1, 2018, amounting to $1.0 million . In January 2019, our Board of Directors declared a $0.08 per common share dividend, payable in March 2019, to shareholders of record on February 14, 2019, amounting to $1.0 million .

VARIABLE INTEREST ENTITY

VARIABLE INTEREST ENTITY	12 Months Ended
	Dec. 31, 2018
Variable Interest Entity [Abstract]
VARIABLE INTEREST ENTITY	14. VARIABLE INTEREST ENTITY Refer to Monarch National Insurance Company in Note 1 above, for information about how we acquired 100% of Monarch Delaware; therefore, as of February 21, 2018, Monarch Delaware became a wholly-owned subsidiary instead of a VIE. Prior to February 21, 2018, FedNat Underwriters, Inc. (“FNU”) through the Managing General Agency and Claims Administration Agreement (the “Monarch MGA Agreement”) directed the activities which most significantly impact the Monarch Entities’ insurance operating company, MNIC. MNIC’s activities directed by FNU through the Monarch MGA Agreement included underwriting and claims. As a result, MNIC was a VIE prior to February 21, 2018, because the equity holders (i.e., FNHC, Crosswinds Investor and TransRe owned 42.4% , 42.4% , and 15.2% , respectively, of Monarch Delaware), as a group, lacked the characteristics of a controlling financial interest. In addition to having power to direct the activities which most significantly impacted MNIC, FNHC had the obligation to absorb the losses and/or the right to receive benefits that potentially could be significant through its 42.4% indirect equity interests in MNIC through Monarch Delaware and Monarch National Holding Company (collectively “Monarch Holding”). As a result, FNHC was the primary beneficiary of MNIC, resulting in Monarch Delaware, MNIC’s indirect parent company, consolidating into our financial statements. The carrying amounts of Monarch Delaware, which could only be used to settle obligations of Monarch Delaware, and liabilities of Monarch Delaware for which creditors did not have recourse included the following:  December 31,  2017 Assets Investments: Debt securities, available-for-sale, at fair value $ 25,111 Equity securities, available-for-sale, at fair value 1,173 Total investments 26,284 Cash and cash equivalents 14,211 Reinsurance recoverable 3,323 Prepaid reinsurance premiums 2,481 Premiums receivable, net 1,184 Deferred acquisition costs 1,722 Other assets 2,322 Total assets $ 51,527  Liabilities Loss and loss adjustment expense reserves $ 6,356 Unearned premiums 8,752 Reinsurance payable 1,802 Debt, net of deferred financing costs 4,930 Other liabilities 1,825 Total liabilities $ 23,665 Earned premiums and losses and LAE, attributable to Monarch Delaware, from January 1, 2018 to February 21, 2018, were $2.3 million and $2.3 million , respectively. Earned premiums and losses and LAE, attributable to Monarch Delaware, were $9.4 million and $12.5 million , and $4.7 million and $2.9 million , for the years ended December 31, 2017 and 2016 , respectively. The $6.4 million net cash outflows generated by Monarch Delaware are reflected in cash flows in the consolidated statements from January 1, 2018 to February 21, 2018. Cash flows used in operating activities by Monarch Delaware were $3.8 million for the year ended December 31, 2017 , as compared to cash flows provided by operating activities of $6.8 million f

STATUTORY ACCOUNTING AND DIVIDE

STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS	12 Months Ended
	Dec. 31, 2018
STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS [Abstract]
STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS	15. STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS The Company’s insurance companies are subject to regulations and standards of the Florida OIR. These standards require that insurance companies prepare statutory-basis financial statements in accordance with the National Association of Insurance Commissioners (“NAIC”) Accounting Practices and Procedures Manual. The Company did not use any prescribed or permitted statutory accounting practices that differed from the NAIC’s statutory accounting practices as of December 31, 2018 . The Company’s insurance companies are required to report their risk-based capital (“RBC”) each December 31. Failure to maintain an adequate RBC could subject the Company to regulatory action and could restrict the payment of dividends. As of December 31, 2018 , the RBC levels of the Company’s insurance companies did not subject them to any regulatory action. Additionally, Florida Statutes require the Company’s insurance companies to maintain specified levels of statutory capital and restrict the timing and amount of dividends and other distributions that may be paid to the parent company. These standards require dividends to be paid only from statutory unassigned surplus. The maximum dividend that may be paid by the Company’s insurance companies to their parent company, without prior regulatory approval is limited to the lesser of statutory net income from operations of the preceding calendar year, not including realized capital gains, plus a 2 years years carryforward or 10.0% of statutory unassigned surplus as of the preceding year end. A dividend may also be taken without prior regulatory approval if (a) the dividend is equal to or less than the greater of (i) 10.0% of the insurer’s surplus as to policyholders derived from realized net operating profits on its business and net realized capital gains; or (ii) the insurer’s entire net operating profits and realized net capital gains derived during the immediately preceding calendar year; (b) the insurer will have surplus as to policyholders equal to or exceeding 115 percent of the minimum required statutory surplus as to policyholders after the dividend or distribution is made; and (c) the insurer has filed notice with the Florida OIR at least 10 business days prior to the dividend payment or distribution, or such shorter period of time as approved by the Florida OIR on a case-by-case basis. These dividends are referred to as “ordinary dividends.” However, if a dividend, together with other dividends paid within the preceding 12 months , exceeds this statutory limit or is paid from sources other than earned surplus, the entire dividend is generally considered an “extraordinary dividend” and must receive prior regulatory approval before such dividend can be paid. As of December 31, 2018 and 2017 , on a combined statutory basis, the capital and surplus of the Company’s insurance companies was $161.7 million and $188.0 million , respectively. Combined statutory operational results of the Company’s insurance companies was a net income of $ 2.9 million , net loss of $19.6 million and net loss of $37.0 million for the years ended December 31, 2018 , 2017 and 2016 , respectively. Statutory capital and surplus exceeds amounts necessary to satisfy regulatory requirements.

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY RESULTS OF OPERATIONS	16. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) A summary of the Company’s unaudited quarterly results of operations includes the following: First Second Third Fourth  Quarter Quarter Quarter Quarter  (In thousands, except per share data) 2018 Net premiums earned $ 82,109 $ 83,557 $ 98,493 $ 91,098 Total revenue $ 93,077 $ 95,742 $ 110,832 $ 96,442 Losses and loss adjustment expenses $ 46,071 $ 47,570 $ 62,457 $ 72,318 Total costs and expenses $ 83,461 $ 83,726 $ 99,862 $ 108,836 Net income (loss) attributable to FedNat Holding Company shareholders $ 7,463 $ 8,820 $ 7,950 $ (9,305 ) Net income (loss) per share - basic $ 0.58 $ 0.69 $ 0.62 $ (0.73 ) First Second Third Fourth Quarter Quarter Quarter Quarter (In thousands, except per share data) 2017 Net premiums earned $ 81,660 $ 83,554 $ 80,764 $ 87,503 Total revenue $ 93,054 $ 98,159 $ 98,697 $ 101,752 Losses and loss adjustment expenses $ 56,899 $ 56,417 $ 75,367 $ 58,874 Total costs and expenses $ 89,170 $ 92,504 $ 108,876 $ 92,185 Net income (loss) attributable to FedNat Holding Company shareholders $ 2,422 $ 3,995 $ (4,724 ) $ 6,296 Net income (loss) per share - basic $ 0.18 $ 0.30 $ (0.36 ) $ 0.48

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	17. SUBSEQUENT EVENTS Dividends Declared Refer to Note 13 above for information related to our dividend declared in January 2019. Florida Statewide Average Rate Increase The Company applied for and was approved by the Florida Office of Insurance Regulation for a statewide average rate increase of 4.6% for Florida homeowners multiple-peril insurance policies, which is expected to become effective for new and renewal policies on April 20, 2019. Maison Acquisition On February 25, 2019, the Company executed a definitive agreement for the acquisition of the insurance operations of 1347 Property Insurance Holdings, Inc. ("PIH"). Specifically, the Company will purchase Maison Insurance Company, Maison Managers, Inc., and ClaimCor LLC (collectively, the "Maison Companies"). The purchase price is $51.0 million , which includes $25.5 million in cash and $25.5 million in shares of the Company’s common stock. The resale of the shares to be issued will be subsequently registered and will be subject to a five -year standstill agreement. Additionally, in connection with the pending acquisition, on March 5, 2019, the Company closed on an offering of $100 million of Senior Unsecured Notes due 2029, which bear interest at the annual rate of 7.5% . The cash from the offering will be used to purchase the Maison Companies, retire the full $45.0 million of outstanding debt (thereby lowering our overall cost of borrowing) and other general corporate purposes. The transaction, which is subject to the approval of the shareholders of PIH, regulatory approvals and customary closing conditions, is expected to close in the latter part of the second quarter of 2019. The Purchase Agreement includes a 30 day "go-shop" period, which permits PIH's Board and advisors to actively initiate, solicit, encourage, and potentially enter negotiations with parties that make alternative purchase agreement proposals. PIH will have the right to terminate the Purchase Agreement to enter into a superior proposal subject to the terms and conditions of the Purchase Agreement. There can be no assurance that this 30 day "go-shop" will not result in a superior proposal. In addition to the purchase price, PIH will receive five -year rights of first refusal to provide reinsurance of up to 7.5% of any layer in FedNat’s catastrophe reinsurance program and a five -year agreement for PIH to provide investment advisory services to FedNat. PIH has also agreed to a non-compete for five years following the closing with respect to residential property insurance in Alabama, Florida, Georgia, Louisiana, South Carolina and Texas. Closing of the transaction is subject to the Maison Companies having consolidated GAAP net book value of at least $42 million as of closing and satisfaction of other customary closing conditions, including insurance regulatory approvals in Louisiana and Florida and the affirmative vote of PIH stockholders. Certain PIH stockholders have agreed to vote in favor of the transaction.

Schedule II - Condensed Financi

Schedule II - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Registrant Condensed Balance Sheets	Schedule II – Condensed Financial Information of Registrant Condensed Balance Sheets FEDNAT HOLDING COMPANY (Parent Company Only) December 31, 2018 and 2017 ໿  December 31,  2018 2017 (In thousands) ASSETS Investments in subsidiaries $ 224,951 $ 220,901 Investment securities, available-for-sale, at fair value 19,431 15,826 Equity securities, at fair value 1,490 — Cash and cash equivalents 4,109 46,717 Deferred income taxes, net 786 415 Income taxes receivable 9,885 7,700 Other assets 2,436 1,938 Total assets $ 263,088 $ 293,497  LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities Due to subsidiaries $ 987 $ 19,624 Long-term debt 44,404 44,321 Other liabilities 2,438 2,093 Total liabilities 47,829 66,038  Shareholders' Equity Preferred stock — — Common stock 128 130 Additional paid-in capital 141,128 139,728 Accumulated other comprehensive income (loss) (3,750 ) 1,770 Retained earnings 77,753 70,009 Total shareholders’ equity attributable to FedNat Holding Company shareholders 215,259 211,637 Non-controlling interest — 15,822 Total shareholders’ equity 215,259 227,459 Total liabilities and shareholders' equity $ 263,088 $ 293,497 The accompanying note is an integral part of the condensed financial statements. Schedule II – Condensed Financial Information of Registrant (Continued) Condensed Statements of Earnings FEDNAT HOLDING COMPANY (Parent Company Only) ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Revenues: Management fees $ 2,608 $ 2,611 $ 2,492 Net investment income 843 501 623 Net realized and unrealized investment gains (losses) (765 ) — — Equity in income of consolidated subsidiaries 30,895 16,902 8,550 Total revenue 33,581 20,014 11,665  Costs and expenses: General and administrative expenses 9,296 11,087 9,862 Interest expense 4,077 — — Total costs and expenses 13,373 11,087 9,862  Income (loss) before income taxes 20,208 8,927 1,803 Income tax expense (benefit) 5,498 3,585 542 Net income (loss) 14,710 5,342 1,261 Net income (loss) attributable to non-contolling interest (218 ) (2,647 ) 246 Net income (loss) attributable to FedNat Holding Company shareholders $ 14,928 $ 7,989 $ 1,015 The accompanying note is an integral part of the condensed financial statements. Schedule II – Condensed Financial Information of Registrant (Continued) Condensed Statements of Cash Flows FEDNAT HOLDING COMPANY (Parent Company Only) ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Cash flow from operating activities: Net income (loss) $ 14,710 $ 5,342 $ 1,261 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Net realized and unrealized investment (gains) losses 765 — — Equity in undistributed income of consolidated subsidiaries (30,895 ) (16,902 ) (10,691 ) Amortization of investment premium or discount, depreciation and amortization 141 88 73 Share-based compensation 1,183 2,846 4,420 Changes in operating assets and liabilities: Deferred income taxes, net of other comprehensive (loss) income (230 ) (2,057 ) 2,127 Income taxes, net (2,141 ) 6,411 2,978 Due to subsidiaries (9,317 ) 20,468 23,574 Other, net 1,497 1,450 3,786 Net cash provided by (used in) operating activities (24,287 ) 17,646 27,528 Cash flow from investing activities: Capital contributions to consolidated subsidiaries (30,000 ) (25,000 ) — Sales, maturities and redemptions of investments securities 54,543 42,979 76,928 Purchases of investment securities (61,009 ) (26,828 ) (83,724 ) Purchases of property and equipment (639 ) (102 ) (299 ) Net cash provided by (used in) investing activities (37,105 ) (8,951 ) (7,095 ) Cash flow from financing activities: Proceeds from issuance of long-term debt — 45,000 — Tax impact related to share-based compensation — — 589 Issuance of common stock for share-based awards 39 103 361 Purchases of FedNat Holding Company common stock (5,061 ) (10,616 ) (11,317 ) Dividends from consolidated subsidiaries 27,990 — — Dividends paid (4,184 ) (4,251 ) (4,677 ) Net cash provided by (used in) financing activities 18,784 30,236 (15,044 ) Net increase (decrease) in cash and cash equivalents (42,608 ) 38,931 5,389 Cash and cash equivalents at beginning of period 46,717 7,786 2,397 Cash and cash equivalents at end of period $ 4,109 $ 46,717 $ 7,786 The accompanying note is an integral part of the condensed financial statements. Schedule II – Condensed Financial Information of Registrant (Continued) Note to Condensed Financial Statements FEDNAT HOLDING COMPANY (Parent Company Only) (1) ORGANIZATION AND BASIS OF PRESENTATION FedNat Holding Company (“FNHC”), the Parent Company, is an insurance holding company that controls substantially all steps in the insurance underwriting, distribution and claims processes through our subsidiaries and our contractual relationships with our independent agents and general agents. The accompanying condensed financial statements include the activity of the Parent Company and on an equity basis, its consolidated subsidiaries. Accordingly, these condensed financial statements have been presented for the parent company only. These condensed financial statements should be read in conjunction with the consolidated financial statements and related notes of FNHC and subsidiaries set forth in Part II, Item 8 Financial Statements and Supplemental Data of this Annual Report. In applying the equity method to our consolidated subsidiaries, we record the investment at cost and subsequently adjust for additional capital contributions, distributions and proportionate share of earnings or losses.

Schedule V - Valuation and Qual

Schedule V - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2018
Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	Schedule V – Valuation and Qualifying Accounts FEDNAT HOLDING COMPANY AND SUBSIDIARIES ໿  Charged to  Balance at Costs and Balance at Year Description January 1, Expenses Deductions December 31,  (in thousands) 2018 Allowance for uncollectible reinsurance recoverable $ — $ — $ — $ —  Allowance for uncollectible premiums receivable $ 70 $ 7 $ — $ 77 2017 Allowance for uncollectible reinsurance recoverable $ — $ — $ — $ —  Allowance for uncollectible premiums receivable $ 55 $ 15 $ — $ 70 2016 Allowance for uncollectible reinsurance recoverable $ — $ — $ — $ —  Allowance for uncollectible premiums receivable $ 302 $ (219 ) $ (28 ) $ 55

Schedule VI - Supplemental Info

Schedule VI - Supplemental Information Concerning Insurance Operations	12 Months Ended
	Dec. 31, 2018
Supplemental Information for Property, Casualty Insurance Underwriters [Abstract]
Supplemental Information Concerning Insurance Operations	Schedule VI – Supplemental Information Concerning Insurance Operations FEDNAT HOLDING COMPANY AND SUBSIDIARIES ໿  December 31, Year Ended December 31,  Loss and Claim and Claim  Loss Adjustment Expenses Amortization Paid Claims  Deferred Adjustment Net Incurred Related to of Deferred and Claim Net  Acquisition Expense Unearned Earned Investment Current Prior Acquisition Adjustment Premiums Year Line of Business Cost Reserves Premiums Premiums Income Year Year Costs Expenses Written (In thousands) 2018 Property and Casualty Insurance $ 39,436 $ 296,230 $ 281,992 $ 355,257 $ 12,460 $ 231,133 $ (2,717 ) $ 97,873 $ 230,752 $ 365,032 2017 Property and Casualty Insurance $ 40,893 $ 230,515 $ 294,423 $ 333,481 $ 10,254 $ 245,545 $ 2,012 $ 87,310 $ 233,085 $ 342,893 2016 Property and Casualty Insurance $ 41,892 $ 158,110 $ 294,022 $ 261,369 $ 9,063 $ 201,704 $ (3,894 ) $ 57,452 $ 170,322 $ 319,499

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Accounting Estimates and Assumptions	Accounting Estimates and Assumptions The Company prepares the accompanying consolidated financial statements in accordance with GAAP, which requires management to make estimates and assumptions about future events that affect the amounts reported in the financial statements and accompanying notes. Future events and their effects cannot be determined with absolute certainty. Therefore, the determination of estimates requires the exercise of judgment. Actual results may materially differ from those estimates. Similar to other property and casualty insurers, the Company’s liability for loss and loss and adjustment expenses ("LAE") reserves, although supported by actuarial projections and other data, is ultimately based on management’s reasoned expectations of future events. Although considerable variability is inherent in these estimates, the Company believes that the liability and LAE reserve is adequate. The Company reviews and evaluates its estimates and assumptions regularly and makes adjustments, reflected in current operations, as necessary, on an ongoing basis
Fair Value	Fair value is the price that would be received to sell an asset or paid to transfer a liability between market participants in the principal market or in the most advantageous market when no principal market exists. Adjustments to transaction prices or quoted market prices may be required in illiquid or disorderly markets in order to estimate fair value. Alternative valuation techniques may be appropriate under the circumstances to determine the value that would be received to sell an asset or pay to transfer a liability in an orderly transaction. Market participants are assumed to be independent, knowledgeable, able and willing to transact an exchange and not acting under duress. Our nonperformance or credit risk is considered in determining the fair value of liabilities. Considerable judgment may be required in interpreting market data used to develop the estimates of fair value. Accordingly, estimates of fair value presented herein are not necessarily indicative of the amounts that could be realized in a current or future market exchange. Refer to Note 3 below for additional information regarding fair value.
Investment	Investments Investments consist of debt and equity securities. Debt securities consist of securities with an initial fixed maturity of more than three months, including corporate bonds, municipal bonds and United States government bonds. Equity securities generally consist of securities that represent ownership interests in an enterprise. The Company determines the appropriate classification of investments in debt and equity securities at the acquisition date and re-evaluates the classification at each balance sheet date. Held-to-maturity debt securities are recorded at the amortized cost, reflecting the ability and intent to hold the securities to maturity. All other debt securities are classified as available-for-sale and recorded at fair value. Unrealized gains and losses during the year, net of the related tax effect applicable to available-for-sale and periods prior to January 1, 2018 for equity securities, are excluded from income and reflected in other comprehensive income (loss), and the cumulative effect is reported as a separate component of shareholders’ equity until realized. If a decline in fair value is deemed to be other-than-temporary, the investment is written down to its fair value and the amount of the write-down is recorded as an other-than-temporary impairment (“OTTI”) loss on the statement of operations. Any portion of such decline related to debt securities that is believed to arise from factors other than credit is recorded as a component of other comprehensive income rather than against income. As a result of the adoption of Accounting Standards Update (“ASU”) 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”) beginning on January 1, 2018 equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) are measured at fair value with changes in fair value recognized in net income. Refer to Note 2 below for additional information related to ASU 2016-01. When we invest in certain companies, such as limited partnerships and limited liability companies, and if we determine we are not the primary beneficiary, we account for them using the equity method to determine the carry value, which is included in other assets on our Consolidated Balance Sheets. Our maximum exposure to loss is limited to the capital we invest. Net realized gains and losses on investments are determined in accordance with the specific identification method. Net investment income consists primarily of interest income from debt securities, cash and cash equivalents, including any premium amortization or discount accretion and dividend income from equity securities; less expenses related to investments. Refer to Note 4 below for additional information regarding investments.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of all deposit or deposit in transit balances with a bank that are available for withdrawal. The Company considers all highly liquid investments with an original maturity of three months or less at the date of the purchase to be cash equivalents.
Premiums and Unearned Premiums	Premiums and Unearned Premiums The Company recognizes premiums as revenue on a pro-rata basis over the term of the insurance policy. Unearned premiums represent the portion of gross premiums written, related to the unexpired terms of such coverage. Premium receivable balances are reported net of an allowance for estimated uncollectible premium amounts. Such allowance is based upon an ongoing review of amounts outstanding, length of collection periods, the creditworthiness of the insured and other relevant factors. Amounts deemed to be uncollectible are written off against the allowance.
Reinsurance	Reinsurance Reinsurance is used to mitigate the exposure to losses, manage capacity and protect capital resources. Reinsuring loss exposures does not relieve a ceding entity from its obligations to policyholders and cedants. Reinsurance recoverables (including amounts related to claims incurred but not reported) and ceded unearned premiums are reported as assets. To minimize exposure to losses from a reinsurer’s inability to pay, the financial condition of such reinsurer is evaluated initially upon placement of the reinsurance and periodically thereafter. In addition to considering the financial condition of the reinsurer, the collectability of the reinsurance recoverables is evaluated (and where appropriate, whether an allowance for estimated uncollectible reinsurance recoverables is to be established) based upon a number of other factors. Such factors include the amounts outstanding, length of collection periods, disputes, any collateral or letters of credit held and other relevant factors. To the extent that an allowance for uncollectible reinsurance recoverable is established, amounts deemed to be uncollectible are written off against the allowance for estimated uncollectible reinsurance recoverables. As of December 31, 2018 and 2017 , the Company did have any allowances for uncollectible reinsurance recoverables. Ceded premiums written are recorded in accordance with applicable terms of the various reinsurance contracts and ceded premiums earned are charged against revenue over the period of the various reinsurance contracts. This also generally applies to reinstatement premiums paid to a reinsurer, which arise when contractually-specified ceded loss triggers have been breached. Ceded commissions reduce commissions, brokerage and other underwriting expenses and ceded losses incurred reduce net losses and LAE incurred over the applicable periods of the various reinsurance contracts with third party reinsurers. If premiums or commissions are subject to adjustment (for example, retrospectively-rated or experience-rated), the Company records adjustments to the premiums or ceding commission revenue in the period that changes in the estimated losses are determined. Amounts recoverable from reinsurers are estimated in a manner consistent with the claim liability associated with the reinsured business and consistent with the terms of the underlying reinsurance contract.
Deferred Acquisition Costs	Deferred Acquisition Costs Deferred acquisition costs represent those costs that are incremental and directly related to the successful acquisition of new or renewal of existing insurance contracts. The Company defers incremental costs that result directly from, and are essential to, the acquisition or renewal of an insurance contract. Such deferred acquisition costs generally include agent or broker commissions, referral fees, premium taxes, medical and inspection fees that would not have been incurred if the insurance contract had not been acquired or renewed. Each cost is analyzed to assess whether it is fully deferrable. The Company also defers a portion of the employee total compensation and payroll-related fringe benefits directly related to time spent performing specific acquisition or renewal activities, including costs associated with the time spent on underwriting, policy issuance and processing, and sales force contract selling. The acquisition costs are deferred and amortized over the period in which the related premiums written are earned, generally twelve months for homeowners and commercial general liability policies and six months for automobile policies. It is grouped consistent with the manner in which the insurance contracts are acquired, serviced and measured for profitability and is reviewed for recoverability based on the profitability of the underlying insurance contracts. Investment income is anticipated in assessing the recoverability of deferred acquisition costs. The Company assesses the recoverability of deferred acquisition costs on an annual basis or more frequently if circumstances indicate impairment may have occurred.
Property and Equipment	Property and Equipment Property and equipment is stated at cost, net of accumulated depreciation and amortization. Depreciation is calculated using a straight-line method over the estimated useful lives, ranging from 5 to 15 years. Repairs and maintenance are charged to expense as incurred. The Company accounts for internal-use software development costs in accordance with accounting guidelines which state that software costs, including internal payroll costs, incurred in connection with the development or acquisition of software for internal use is charged to expense as incurred until the project enters the application development phase. Costs incurred in the application development phase are capitalized and are depreciated using the straight-line method over an estimated useful life of 3 years, beginning when the software is ready for use.
Direct Written Policy Fees	Direct Written Policy Fees Policy fees represent a non-refundable application fee for insurance coverage. These policy fees are deferred over the related policy term in a manner consistent with how the related premiums are earned.
Other Income	Other Income Other income represents brokerage, commission related income from the Company’s agency operations, fees generated from the personal automobile line of business as well as recognition of equity method investment results. Brokerage income is recognized over the term of the reinsurance period, typically one year. Commission income from agency operations are recognized up-front upon policy inception. The fees associated with the personal automobile line of business are recognized ratably over the related policy term, generally six months. In applying the equity method, the Company records its initial investment at cost, and subsequently increases or decreases the carrying amount of the investment by its proportionate share of the net earnings or losses with any dividends or distributions received are recorded as a decrease in the carrying value of the investment.
Losses and Loss Adjustment Expenses	Losses and Loss Adjustment Expenses The reserves for losses and LAE represent management’s best estimate of the ultimate cost of all reported and unreported losses incurred through the balance sheet date. Such liabilities are determined based upon the Company’s assessment of claims pending and the development of prior years’ loss liability, including liabilities based upon individual case estimates for reported losses and LAE and estimates of such amounts that are incurred but not yet reported (“IBNR”). Changes in the estimated liability are charged or credited to operations as the losses and LAE are settled. The estimates of the liability for loss and LAE reserves are subject to the effect of trends in claims severity and frequency and are continually reviewed. As part of this process, the Company review historical data and consider various factors, including known and anticipated legal developments, inflation and economic conditions. As experience develops and other data become available, these estimates are revised, as required, resulting in increases or decreases to the existing liability for loss and LAE reserves. Adjustments are reflected in the results of operations in the period in which they are made and the liabilities may deviate substantially from prior estimates.
Long-Term Debt, Net of Deferred Financing Costs	Long-Term Debt, Net of Deferred Financing Costs The Company records long-term debt, net in the consolidated balance sheets at carrying value. The Company incurs specific incremental costs, other than those paid to lenders, in connection with the issuance of the Company’s debt instruments. These deferred financing costs include loan origination costs, issue costs and other direct costs payable to third parties and are recorded as a direct deduction from the carrying value of the associated debt liability in the consolidated balance sheets, when the debt liability is recorded. The Company amortizes the deferred financing costs as interest expense over the term of the related debt using the effective interest method in the consolidated statements of operations.
Income Taxes	Income Taxes The Company applies the asset and liability method of accounting for income taxes. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss, capital loss and tax-credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income or expense in the period that includes the enactment date. The Company will establish a valuation allowance if management determines, based on available information, that it is more likely than not that deferred income tax assets will not be realized. Significant judgment is required in determining whether valuation allowances should be established and the amount of such allowances. The Company’s management makes assumptions, estimates and judgments, which are subject to change, in accounting for income taxes. The Company’s management also considers events and transactions on an on-going basis and the laws enacted as of the Company’s reporting date. The U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law on December 22, 2017, and the effect of changes in federal tax law and applicable statutory rates is recorded in the consolidated financial statements in the period of enactment. As such, the Tax Act affected the Company’s deferred income tax provision in the consolidated statement of operations for the year ended December 31, 2017 and the deferred income tax assets and liabilities balances in the consolidated balance sheet as of December 31, 2017. Both the current and deferred income tax provisions are affected for 2018. Refer to Note 8 below for further information regarding income taxes.
Share-based Compensation	Share-Based Compensation We expense the fair value of stock awards included in our stock incentive compensation plans. The Company grants awards and amortizes them on a straight-line over the vesting term using the straight-line basis for service awards and over successive one -year requisite service periods for performance based awards. For all restricted stock awards (“RSAs”), excluding relative total shareholder return ("TSR"), the fair value is determined based on the closing market price on the date of grant. The TSR grant date fair value are determined using a Monte Carlo simulation and, unlike the performance condition awards, the expense is not reversed if the performance condition is not met. Non-employee directors are treated as employees for accounting purposes.
Basic and Diluted Net Income per Share	Basic and Diluted Net Income (Loss) per Share Basic net income per share is computed by dividing net income available to common shareholders by the weighted average number of common shares, while diluted net income per share is computed by dividing net income available to common shareholders by the weighted average number of such common shares and dilutive share equivalents result from the assumed exercise of employee stock options and vesting of restricted common stock and are calculated using the treasury stock method.
Revisions of Previously Issued Financial Statements	Recently Issued Accounting Pronouncements, Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The update replaces all general and most industry specific revenue recognition guidance (excluding insurance) currently prescribed by GAAP. The core principle is that an entity recognizes revenue to reflect the transfer of a promised good or service to customers in an amount that reflects that consideration to which the entity expects to be entitled in exchange for that good or service. The Company adopted this update and the other related revenue standard clarifications and technical guidance effective January 1, 2018, using the modified retrospective approach. The Company completed the analysis of its non-insurance revenues and has concluded that the implementation did not have any impact on the Company’s consolidated financial condition or results of operations. In January 2016, the FASB issued ASU 2016-01 , which addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . Most notably, the combined new guidance required equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative adjustment, which increased retained earnings and decreased accumulated other comprehensive income by $1.0 million . This adjustment represented the level of net unrealized gains and losses associated with our equity investments with readily determinable market values as of January 1, 2018. The adoption also resulted in the recognition of $(1.2) million in our consolidated statements of operations and statements of comprehensive income (loss), which represented the change in net unrealized gains and losses on our equity securities for 2018. This new guidance increases our earnings volatility compared to the prior accounting rules. In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The update allowed a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Job Act of 2017 ("Tax Act"). Guidance had previously required the effect of a change in tax laws or rates on deferred tax balances to be reported in income from continuing operations in the accounting period that includes the period of enactment, even if the related income tax effects were originally charged or credited directly to accumulated other comprehensive income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative effect adjustment to retained earnings with an off-setting adjustment to accumulated other comprehensive income for less than $0.1 million .
New Accounting Pronouncements	Recently Issued Accounting Pronouncements, Adopted In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The update replaces all general and most industry specific revenue recognition guidance (excluding insurance) currently prescribed by GAAP. The core principle is that an entity recognizes revenue to reflect the transfer of a promised good or service to customers in an amount that reflects that consideration to which the entity expects to be entitled in exchange for that good or service. The Company adopted this update and the other related revenue standard clarifications and technical guidance effective January 1, 2018, using the modified retrospective approach. The Company completed the analysis of its non-insurance revenues and has concluded that the implementation did not have any impact on the Company’s consolidated financial condition or results of operations. In January 2016, the FASB issued ASU 2016-01 , which addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . Most notably, the combined new guidance required equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative adjustment, which increased retained earnings and decreased accumulated other comprehensive income by $1.0 million . This adjustment represented the level of net unrealized gains and losses associated with our equity investments with readily determinable market values as of January 1, 2018. The adoption also resulted in the recognition of $(1.2) million in our consolidated statements of operations and statements of comprehensive income (loss), which represented the change in net unrealized gains and losses on our equity securities for 2018. This new guidance increases our earnings volatility compared to the prior accounting rules. In February 2018, the FASB issued ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The update allowed a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Job Act of 2017 ("Tax Act"). Guidance had previously required the effect of a change in tax laws or rates on deferred tax balances to be reported in income from continuing operations in the accounting period that includes the period of enactment, even if the related income tax effects were originally charged or credited directly to accumulated other comprehensive income. The Company adopted the guidance effective January 1, 2018, by reflecting a cumulative effect adjustment to retained earnings with an off-setting adjustment to accumulated other comprehensive income for less than $0.1 million . Recently Issued Accounting Pronouncements, Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The update superseded the prior lease guidance in Topic 840, Leases and lessees were required to recognize for all leases, with the exception of short-term leases, a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis. Concurrently, lessees are required to recognize a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The guidance has been adopted effective January 1, 2019, and we expect to reflect approximately an $6 million right-of-use asset, after-tax, and $6 million lease liability, after-tax, on our March 31, 2019 consolidated balance sheets for our leases in existence as of that date. All of the Company's leases were classified as operating leases and we elected the practical expedient, therefore no adjustment to comparative prior periods presented will be made. There will be no significant difference in our pattern of lease expense recognition on our consolidated statements of operations, under this ASU.
Material Distribution Relationships	Material Distribution Relationships Ivantage Select Agency, Inc. The Company is a party to an insurance agency master agreement with Ivantage Select Agency, Inc. (“ISA”), an affiliate of Allstate Insurance Company (“Allstate”), pursuant to which the Company has been authorized by ISA to appoint Allstate agents to offer the Company’s homeowners insurance products to consumers in Florida. As a percentage of the total homeowners premiums we underwrote, 23.8% , 23.8% and 24.1% , were from Allstate’s network of Florida agents, for the years ended December 31, 2018 , 2017 and 2016 , respectively. SageSure Insurance Managers, LLC The Company is a party to a managing general underwriting agreement with SageSure Insurance Managers, LLC (“SageSure”) to underwrite our FNIC homeowners business outside of Florida. As a percentage of the total homeowners premiums, 15.0% , 10.2% and 6.9% respectively, of the Company’s premiums were underwritten by SageSure, for the years ended December 31, 2018 , 2017 , and 2016 respectively.
Basis of Presentation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). The consolidated financial statements include the accounts of FNHC and its wholly-owned subsidiaries and all entities in which the Company has a controlling financial interest and any variable interest entity (“VIE”) of which the Company is the primary beneficiary. The Company’s management believes the consolidated financial statements reflect all material adjustments, including normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows of the Company for the periods presented. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company identifies a VIE as an entity that does not have sufficient equity to finance its own activities without additional financial support or where the equity investors lack certain characteristics of a controlling financial interest. The Company assesses its contractual, ownership or other interests in a VIE to determine if the Company’s interest participates in the variability the VIE was designed to absorb and pass onto variable interest holders. The Company performs an ongoing qualitative assessment of its variable interests in a VIE to determine whether the Company has a controlling financial interest and would therefore be considered the primary beneficiary of the VIE. If the Company determines it is the primary beneficiary of a VIE, the Company consolidates the assets and liabilities of the VIE in its consolidated financial statements. As of December 31, 2017, in connection with the investment in Monarch Delaware, the Company had determined that the Company possessed the power to direct the activities of the VIE that most significantly impact its economic performance and the Company was the primary beneficiary of the VIE. As such, the Company consolidated Monarch Delaware in its consolidated financial statements. Refer to Monarch National Insurance Company above, related to our 100% ownership of Monarch Delaware that became effective on February 21, 2018. In accordance with the accounting standard on consolidation, a primary beneficiary that acquires additional ownership of the previously controlled and consolidated subsidiaries is accounted for as an equity transaction and re-measurement of assets and liabilities of previously controlled and consolidated subsidiaries is not permitted. As a result, we accounted for this transaction by eliminating the carrying value of the non-controlling interest to reflect our 100% ownership interest in MNIC as of February 21, 2018. The difference between the consideration paid and the amount by which the non-controlling interest was eliminated has been recognized in additional paid-in capital. Following the closing, Monarch Delaware and Monarch Holdings were merged into MNIC. Refer to Note 14 below for additional information regarding the VIE.
Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”). The consolidated financial statements include the accounts of FNHC and its wholly-owned subsidiaries and all entities in which the Company has a controlling financial interest and any variable interest entity (“VIE”) of which the Company is the primary beneficiary. The Company’s management believes the consolidated financial statements reflect all material adjustments, including normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows of the Company for the periods presented. All significant intercompany accounts and transactions have been eliminated in consolidation. The Company identifies a VIE as an entity that does not have sufficient equity to finance its own activities without additional financial support or where the equity investors lack certain characteristics of a controlling financial interest. The Company assesses its contractual, ownership or other interests in a VIE to determine if the Company’s interest participates in the variability the VIE was designed to absorb and pass onto variable interest holders. The Company performs an ongoing qualitative assessment of its variable interests in a VIE to determine whether the Company has a controlling financial interest and would therefore be considered the primary beneficiary of the VIE. If the Company determines it is the primary beneficiary of a VIE, the Company consolidates the assets and liabilities of the VIE in its consolidated financial statements. As of December 31, 2017, in connection with the investment in Monarch Delaware, the Company had determined that the Company possessed the power to direct the activities of the VIE that most significantly impact its economic performance and the Company was the primary beneficiary of the VIE. As such, the Company consolidated Monarch Delaware in its consolidated financial statements. Refer to Monarch National Insurance Company above, related to our 100% ownership of Monarch Delaware that became effective on February 21, 2018. In accordance with the accounting standard on consolidation, a primary beneficiary that acquires additional ownership of the previously controlled and consolidated subsidiaries is accounted for as an equity transaction and re-measurement of assets and liabilities of previously controlled and consolidated subsidiaries is not permitted. As a result, we accounted for this transaction by eliminating the carrying value of the non-controlling interest to reflect our 100% ownership interest in MNIC as of February 21, 2018. The difference between the consideration paid and the amount by which the non-controlling interest was eliminated has been recognized in additional paid-in capital. Following the closing, Monarch Delaware and Monarch Holdings were merged into MNIC. Refer to Note 14 below for additional information regarding the VIE.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	Held-to-maturity debt securities reported on the consolidated balance sheets at amortized cost and disclosed at fair value below (and in Note 4 ) and the level of fair value hierarchy of inputs used consisted of the following:  Level 1 Level 2 Level 3 Total  (In thousands) December 31, 2018 $ 3,809 $ 1,155 $ — $ 4,964 December 31, 2017 3,936 1,338 — 5,274 The Company’s financial instruments measured at fair value on a recurring basis and the level of the fair value hierarchy of inputs used consisted of the following:  December 31, 2018  Level 1 Level 2 Level 3 Total  (In thousands) Debt securities - available-for-sale, at fair value: United States government obligations and authorities $ 43,918 $ 83,950 $ — $ 127,868 Obligations of states and political subdivisions — 9,767 — 9,767 Corporate securities — 268,731 — 268,731 International securities — 22,275 — 22,275 Debt securities, at fair value 43,918 384,723 — 428,641  Equity securities, at fair value 16,037 1,721 — 17,758  Total investments, at fair value $ 59,955 $ 386,444 $ — $ 446,399  December 31, 2017  Level 1 Level 2 Level 3 Total  (In thousands) Debt securities - available-for-sale, at fair value: United States government obligations and authorities $ 51,219 $ 46,918 $ — $ 98,137 Obligations of states and political subdivisions — 66,266 — 66,266 Corporate securities — 240,919 — 240,919 International securities — 17,916 — 17,916 Debt securities, at fair value 51,219 372,019 — 423,238  Equity securities, at fair value 15,434 — — 15,434  Total investments, at fair value $ 66,653 $ 372,019 $ — $ 438,672

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
Investments [Abstract]
Unrealized Gain (Loss) on Investments	໿  Amortized Gross Gross  Cost Unrealized Unrealized  or Cost Gains Losses Fair Value  (In thousands) December 31, 2018 Debt securities - available-for-sale: United States government obligations and authorities $ 127,928 $ 1,091 $ 1,151 $ 127,868 Obligations of states and political subdivisions 9,870 27 130 9,767 Corporate 273,192 510 4,971 268,731 International 22,674 12 411 22,275 433,664 1,640 6,663 428,641 Debt securities - held-to-maturity: United States government obligations and authorities 4,085 1 158 3,928 Corporate 986 2 6 982 International 55 — 1 54 5,126 3 165 4,964 Total investments, excluding equity securities (1) $ 438,790 $ 1,643 $ 6,828 $ 433,605 (1) As a result of the adoption of ASU 2016-01 on January 1, 2018 (see additional details in Note 2 above) for our equity securities we now recongnize changes in unrealized gains or losses within our statements of operations; therefore they are not included as of December 31, 2018 .  Amortized Gross Gross  Cost Unrealized Unrealized  or Cost Gains Losses Fair Value  (In thousands) December 31, 2017 Debt securities - available-for-sale: United States government obligations and authorities $ 98,739 $ 244 $ 846 $ 98,137 Obligations of states and political subdivisions 66,319 325 378 66,266 Corporate 239,435 2,233 749 240,919 International 17,807 136 27 17,916  422,300 2,938 2,000 423,238  Debt securities - held-to-maturity: United States government obligations and authorities $ 4,160 $ 9 $ 106 $ 4,063 Corporate 1,123 21 — 1,144 International 66 1 — 67 5,349 31 106 5,274 Equity securities 14,085 1,628 279 15,434 Total investments $ 441,734 $ 4,597 $ 2,385 $ 443,946
Net Realized Gains (Losses) by Major Investment Category	Net realized and unrealized gains (losses), by major investment category, consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Gross realized and unrealized gains: Debt securities $ 423 $ 1,814 $ 3,208 Equity securities 2,374 9,944 4,264 Total gross realized and unrealized gains 2,797 11,758 7,472  Gross realized and unrealized losses: Debt securities (3,990 ) (1,671 ) (1,614 ) Equity securities (2,951 ) (1,539 ) (2,813 ) Total gross realized and unrealized losses (6,941 ) (3,210 ) (4,427 ) Net realized and unrealized gains (losses) on investments $ (4,144 ) $ 8,548 $ 3,045
Investments Classified by Contractual Maturity Date	Amortized cost and estimated fair value of debt securities, by contractual maturity, consisted of the following:  December 31, 2018  Amortized  Cost Fair Value (In thousands) Securities with Maturity Dates Debt securities, available-for-sale: One year or less $ 20,349 $ 20,285 Over one through five years 194,166 192,491 Over five through ten years 216,543 213,427 Over ten years 2,606 2,438  433,664 428,641 Debt securities, held-to-maturity: One year or less 650 650 Over one through five years 4,088 3,935 Over five through ten years 388 379  5,126 4,964 Total $ 438,790 $ 433,605
Summary of Net Investment Income	Net investment income consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Interest income $ 12,253 $ 9,776 $ 7,920 Dividends income 207 478 1,143 Net investment income $ 12,460 $ 10,254 $ 9,063
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	Gross unrealized losses and related fair values for debt securities (and equity securities as of December 31, 2017), grouped by duration of time in a continuous unrealized loss position, consisted of the following:  Less than 12 months 12 months or longer Total  Gross Gross Gross  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses (In thousands) December 31, 2018 Debt securities - available-for-sale: United States government obligations and authorities $ 22,673 $ 246 $ 29,727 $ 905 $ 52,400 $ 1,151 Obligations of states and political subdivisions 3,254 18 4,786 112 8,040 130 Corporate 160,361 3,058 53,232 1,913 213,593 4,971 International 15,608 217 4,678 194 20,286 411 201,896 3,539 92,423 3,124 294,319 6,663 Debt securities, held-to-maturity: United States government obligations and authorities 229 1 3,113 157 3,342 158 Corporate 591 6 90 — 681 6 International 54 1 — — 54 1 874 8 3,203 157 4,077 165 $ 202,770 $ 3,547 $ 95,626 $ 3,281 $ 298,396 $ 6,828  Less than 12 months 12 months or longer Total  Gross Gross Gross  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses (In thousands) December 31, 2017 Debt securities - available-for-sale: United States government obligations and authorities $ 52,368 $ 517 $ 19,287 $ 329 $ 71,655 $ 846 Obligations of states and political subdivisions 32,030 221 5,676 157 37,706 378 Corporate 109,780 625 6,452 124 116,232 749 International 8,935 27 25 — 8,960 27 203,113 1,390 31,440 610 234,553 2,000 Debt securities, held-to-maturity: United States government obligations and authorities 523 4 2,730 102 3,253 106 Corporate 211 — — — 211 — 734 4 2,730 102 3,464 106 Equity securities 4,312 279 — — 4,312 279 $ 208,159 $ 1,673 $ 34,170 $ 712 $ 242,329 $ 2,385

REINSURANCE (Tables)

REINSURANCE (Tables)	12 Months Ended
	Dec. 31, 2018
Reinsurance Disclosures [Abstract]
Reinsurance Recoverables	Reinsurance recoverable, net consisted of the following:  December 31,  2018 2017  (In thousands) Reinsurance recoverable on paid losses $ 45,028 $ 26,256 Reinsurance recoverable on unpaid losses 166,396 98,345 Reinsurance recoverable, net $ 211,424 $ 124,601
Premiums Written and Earned	Net premiums written and net premiums earned consisted of the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Net Premiums Written Direct $ 567,764 $ 603,417 $ 605,485 Ceded (202,732 ) (260,524 ) (285,986 )  $ 365,032 $ 342,893 $ 319,499 Net Premiums Earned Direct $ 580,020 $ 603,193 $ 565,423 Ceded (224,763 ) (269,712 ) (304,054 )  $ 355,257 $ 333,481 $ 261,369

LOSS AND LOSS ADJUSTMENT RESE_2

LOSS AND LOSS ADJUSTMENT RESERVES (Tables)	12 Months Ended
	Dec. 31, 2018
Liability for Future Policy Benefits [Abstract]
Activity in Liability for Loss and LAE Reserves	Activity in the liability for loss and LAE reserves is summarized as follows: ໿ ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Gross reserves, beginning-of-period $ 230,515 $ 158,110 $ 97,706 Less: reinsurance recoverable (1) (98,345 ) (40,412 ) (7,496 ) Net reserves, beginning-of-period 132,170 117,698 90,210  Incurred loss, net of reinsurance, related to: Current year 231,133 245,545 201,704 Prior year loss development (2) 2,166 13,926 13,156 Ceded losses subject to offsetting experience account adjustments (3) (4,883 ) (11,914 ) (17,050 ) Prior years (2,717 ) 2,012 (3,894 ) Total incurred loss and LAE, net of reinsurance 228,416 247,557 197,810  Paid loss, net of reinsurance, related to: Current year 155,462 160,945 123,364 Prior years 75,290 72,140 46,958 Total paid loss and LAE, net of reinsurance 230,752 233,085 170,322  Net reserves, end-of-period 129,834 132,170 117,698 Plus: reinsurance recoverable (1) 166,396 98,345 40,412 Gross reserves, end-of-period $ 296,230 $ 230,515 $ 158,110
Short-duration Insurance Contracts, Claims Development	 IBNR & Expected Cumulative  Homeowners Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims (1)  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 26,228 $ 25,618 $ 25,955 $ 26,482 $ 27,015 $ 27,041 $ 27,119 $ 27,163 $ 27,173 $ 27,159 $ 141 $ 2,334 2010 24,825 25,056 26,151 27,895 28,968 29,407 29,945 30,459 30,602 30 2,391 2011 20,492 21,344 23,007 23,932 24,582 25,957 26,143 26,394 25 2,428 2012 23,032 23,301 24,186 24,468 25,889 26,356 26,836 38 2,691 2013 43,807 42,021 35,834 35,859 37,185 37,880 139 3,427 2014 64,312 63,300 61,770 62,206 61,817 636 7,621 2015 99,497 92,411 95,129 94,760 2,232 13,137 2016 171,264 162,043 158,764 11,832 23,982 2017 202,844 192,769 62,363 62,200 2018 210,158 91,887 28,532  Total $ 867,139 (1) The cumulative number of reported claims is measured by individual claimant at a coverage level.   Homeowners Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 15,047 $ 23,095 $ 24,657 $ 26,007 $ 26,462 $ 26,831 $ 26,927 $ 26,982 $ 27,049 $ 27,015 2010 14,052 21,350 24,730 26,886 27,984 29,092 29,739 30,376 30,449 2011 11,119 19,250 21,323 22,723 24,047 25,580 25,982 26,287 2012 13,693 20,728 23,120 23,923 25,186 26,113 26,777 2013 19,986 31,606 33,867 35,123 35,803 37,473 2014 37,033 53,831 57,891 59,722 60,555 2015 52,214 79,359 86,647 90,415 2016 102,556 142,716 148,274 2017 135,589 176,580 2018 141,173   $ 764,998   All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 138 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 102,279 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for homeowners policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Homeowners 57.8 % 23.5 % 5.7 % 3.8 % 2.5 % 3.5 % 1.5 % 1.1 % 0.2 % — %  IBNR & Expected Cumulative  Commercial General Liability Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 13,297 $ 12,397 $ 12,220 $ 11,943 $ 9,270 $ 10,192 $ 10,466 $ 11,081 $ 11,621 $ 12,872 $ 5 $ 988 2010 8,552 7,582 7,474 7,045 7,535 7,597 7,645 7,809 8,252 72 691 2011 6,436 5,854 4,749 4,603 4,760 5,409 6,254 6,828 63 1,058 2012 5,279 4,952 4,801 4,700 4,658 4,346 4,509 121 538 2013 7,095 5,069 5,221 5,502 5,704 5,580 219 573 2014 7,475 7,709 6,384 6,620 6,348 161 673 2015 8,082 7,008 6,020 5,377 215 713 2016 10,727 5,809 6,561 402 695 2017 8,289 7,853 4,634 530 2018 6,553 5,254 313  Total $ 70,733  Commercial General Liability Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 2,253 $ 4,236 $ 6,466 $ 7,384 $ 8,046 $ 8,593 $ 10,130 $ 10,454 $ 11,308 $ 12,377 2010 1,187 2,279 3,855 5,553 6,363 7,238 7,382 7,631 7,918 2011 764 2,763 3,366 3,673 4,246 4,866 5,831 6,349 2012 871 1,714 2,632 3,342 3,686 3,841 4,098 2013 882 2,233 3,366 3,867 4,606 5,033 2014 717 2,593 3,855 4,375 5,130 2015 798 2,296 3,249 3,827 2016 1,515 3,657 5,088 2017 1,592 2,478 2018 963  Total $ 53,261  All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 1,416 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 18,888 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for commercial general liability policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Commercial general liability 14.1 % 18.5 % 18.5 % 9.1 % 7.6 % 6.0 % 7.7 % 3.4 % 4.7 % 9.6 %  IBNR & Expected Cumulative  Automobile Incurred Losses and ALAE, Net of Reinsurance Development on Number of  For the Years Ended December 31, Reported Claims Reported Claims  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2018 2009 $ 272 $ 267 $ 259 $ 264 $ 258 $ 243 $ 243 $ 243 $ 243 $ 242 $ — $ 57 2010 2,823 2,963 3,111 3,088 3,044 3,035 3,059 3,041 3,042 — 969 2011 3,580 3,350 2,954 2,912 2,762 2,848 2,796 2,756 — 789 2012 1,735 1,741 1,717 1,424 1,455 1,491 1,448 2 822 2013 1,517 1,863 1,826 1,829 2,161 2,123 9 3,468 2014 2,038 3,213 3,551 4,315 4,379 14 6,006 2015 3,045 2,882 2,781 2,878 62 6,498 2016 13,414 20,205 24,346 482 45,423 2017 20,411 22,472 2,222 31,169 2018 3,513 2,230 6,241  Total $ 67,199   Automobile Cumulative Paid Losses and ALAE, Net of Reinsurance  For the Years Ended December 31,  (Unaudited) Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 61 $ 218 $ 220 $ 225 $ 241 $ 243 $ 243 $ 243 $ 243 $ 242 2010 1,713 2,482 2,715 2,863 2,942 2,978 2,984 3,035 3,037 2011 1,417 2,381 2,562 2,644 2,726 2,755 2,755 2,755 2012 867 1,293 1,333 1,384 1,393 1,430 1,444 2013 907 1,609 1,906 2,069 2,109 2,112 2014 1,455 3,120 3,678 4,122 4,291 2015 1,393 2,293 2,670 2,807 2016 8,084 17,258 23,053 2017 12,821 20,762 2018 2,331  Total $ 62,834  All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance 9 Total outstanding liabilities for unpaid claims and ALAE, net of reinsurance $ 4,374 The following table provides supplementary information about the average annual percentage payout of incurred losses and ALAE, net of reinsurance, for automobile policies, as of December 31, 2018:  Average Annual Payout of Losses and ALAE, Net of Reinsurance  (Unaudited)  Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Automobile 41.7 % 32.2 % 16.4 % 5.5 % 2.5 % 1.0 % 0.2 % 0.5 % — % — %
Reconciliation of Claims Development To Liability	The reconciliation of the net incurred and paid development tables to the liability for unpaid losses and LAE in the consolidated balance sheets is as follows:  December 31, 2018 2017  (In thousands) Liabilities for unpaid losses and ALAE: Homeowners $ 102,279 $ 99,650 Commercial general liability 18,888 17,111 Automobile 4,374 11,030 Flood — — Total liabilities for unpaid losses and ALAE, net of reinsurance 125,541 127,791 Reinsurance recoverables: Homeowners 158,043 81,852 Commercial general liability — — Automobile 8,275 15,360 Flood 78 1,133 Total reinsurance recoverables 166,396 98,345 Unallocated loss adjustment expenses 4,293 4,379 Gross liability for unpaid losses and LAE $ 296,230 $ 230,515

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consisted of the following: December 31, 2018 2017 (In thousands) Senior unsecured floating rate notes, due December 31, 2027, net of deferred financing costs of $348 and $377, respectively $ 24,652 $ 24,623 Senior unsecured fixed rate notes, due December 31, 2022, net of deferred financing costs of $248 and $302, respectively 19,752 19,698 Debt from consolidated VIE, due March 17, 2021, net of deferred financing costs of $0 and $70, respectively — 4,930 Total long-term debt, net $ 44,404 $ 49,251
Schedule of Maturities of Long-term Debt	he Company’s estimated annual aggregate amount of debt maturities includes the following: Aggregate Debt For the Years Ending December 31, Maturities (In thousands) 2019 $ — 2020 — 2021 — 2022 20,000 2023 — Thereafter 25,000 Total debt maturities 45,000 Less: deferred financing costs 596 Total debt maturities, net $ 44,404

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	 Year Ended December 31,  2018 2017 2016  (In thousands) Balance at January 1 $ 585 $ 585 $ 203 Increases (decreases) for tax positions taken during the current year — — 382 $ 585 $ 585 $ 585 The components of income tax expense include the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Federal: Current $ 5,162 $ 2,431 $ 5,076 Deferred (751 ) 810 (4,714 ) Federal income tax expense (benefit) 4,411 3,241 362 State: Current 1,383 494 674 Deferred (296 ) (150 ) (494 ) State income tax expense (benefit) 1,087 344 180 Total income tax expense (benefit) $ 5,498 $ 3,585 $ 542
Schedule of Effective Income Tax Rate Reconciliation	The actual income tax expense differs from the “expected” income tax expense (computed by applying the combined applicable effective federal and state tax rates to income before income tax expense) as follows: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Computed expected tax expense provision, at federal rate $ 4,244 $ 3,124 $ 631 State tax, net of federal tax benefit 761 187 50 Tax-exempt interest (134 ) (429 ) (571 ) Income subject to dividends-received deduction (13 ) (76 ) (219 ) Return to provision 158 329 145 Rate changes — 297 — Executive compensation 436 185 382 Meals and entertainment 28 76 130 Other 18 (108 ) (6 ) Total income tax expense (benefit) $ 5,498 $ 3,585 $ 542
Significant Components of Net Deferred Tax Liability	Significant components of the Company’s net deferred income tax asset (liability) include the following: ໿  Year Ended December 31,  2018 2017  (In thousands) Deferred income tax assets: Unearned premiums $ 9,977 $ 9,543 Unpaid losses and loss adjustment expenses 958 1,050 Accrued expenses 832 689 Net operating loss carryforwards 1,714 1,567 Deferred revenue 236 — Share-based compensation 255 255 Unrealized gains on investment securities 1,254 — Other 21 123 Total deferred income tax assets 15,247 13,227 Deferred income tax liabilities: Deferred acquisition costs (11,198 ) (11,742 ) Depreciation and amortization (577 ) (548 ) Unrealized gains on investment securities — (600 ) Other (273 ) (30 ) Total deferred income tax liabilities (12,048 ) (12,920 ) Deferred income tax asset (liability), net $ 3,199 $ 307

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Future minimum lease payments under these agreements are as follows: ໿ Aggregate  Minimum Year Ended December 31, Lease Payments  (In thousands) 2019 $ 802 2020 955 2021 984 2022 1,013 2023 1,043 Thereafter 5,500 Total $ 10,297

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	Share-based compensation arrangements include the following: ໿  Year Ended December 31,  2018 2017 2016  (In thousands) Restricted stock $ 2,134 $ 2,639 $ 3,831 Performance stock 233 207 — Total share-based compensation expense $ 2,367 $ 2,846 $ 3,831  Recognized tax benefit $ 600 $ 1,098 $ 1,478 Intrinsic value of options exercised $ 229 $ 371 $ 1,373 Fair value of restricted stock vested $ 2,360 $ 2,328 $ 4,150
Schedule of Stock Options Roll Forward	A summary of the Company’s stock option activity includes the following: Weighted Average Number of Option  Shares Exercise Price Outstanding at January 1, 2016 174,633 $ 3.79 Granted — — Exercised (94,249 ) 3.85 Cancelled (900 ) 4.40 Outstanding at December 31, 2016 79,484 3.70 Granted — — Exercised (29,133 ) 3.68 Cancelled — — Outstanding at December 31, 2017 50,351 3.72 Granted — — Exercised (10,834 ) 3.47 Cancelled (500 ) 2.45 Outstanding at December 31, 2018 39,017 $ 3.80
Summary Information about Stock Options Outstanding and Exercisable	Stock options outstanding and exercisable in a select price range is as follows:  Options Outstanding and Exercisable  Weighted Average  Remaining  Shares Outstanding Contractual Life Weighted Average Aggregate Range of Exercise Price and Exercisable (years) Exercise Price Intrinsic Value $2.45 - $4.40 39,017 2.89 $3.80 628,993
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	RSAs activity includes the following: ໿ Weighted Average Number of Grant Date  Shares Fair Value Outstanding at January 1, 2016 418,807 $ 20.14 Granted 128,472 19.16 Vested (204,916 ) 20.25 Cancelled (5,160 ) 20.58 Outstanding at December 31, 2016 337,203 19.69 Granted 106,454 17.95 Vested (140,514 ) 16.57 Cancelled (5,600 ) 19.80 Outstanding at December 31, 2017 297,543 20.54 Granted 133,060 16.31 Vested (112,071 ) 21.06 Cancelled (56,198 ) 17.87 Outstanding at December 31, 2018 262,334 $ 18.78
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive income (loss) associated with debt securities - available-for-sale consisted of the following:  Year Ended December 31,  2018 2017  Before Tax Income Tax Net Before Tax Income Tax Net  (In thousands) Accumulated other comprehensive income (loss), beginning-of-period $ 2,287 $ (593 ) $ 1,694 $ 3,324 $ (1,201 ) $ 2,123 Cumulative effect of new accounting standards (1,349 ) 355 (994 ) — — — Other comprehensive income (loss) before reclassification (8,747 ) 2,217 (6,530 ) 7,511 (2,640 ) 4,871 Reclassification adjustment for realized losses (gains) included in net income 2,786 (706 ) 2,080 (8,548 ) 3,248 (5,300 )  (5,961 ) 1,511 (4,450 ) (1,037 ) 608 (429 ) Accumulated other comprehensive income (loss), end-of-period $ (5,023 ) $ 1,273 $ (3,750 ) $ 2,287 $ (593 ) $ 1,694

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	 Year Ended December 31,  2018 2017 2016  (In thousands, except per share data) Net income (loss) attributable to FedNat Holding Company shareholders $ 14,928 $ 7,989 $ 1,015 Weighted average number of common shares outstanding - basic 12,775 13,170 13,758 Net income (loss) per common share - basic $1.17 $0.61 $0.07  Weighted average number of common shares outstanding - basic 12,775 13,170 13,758 Dilutive effect of stock compensation plans 92 80 164 Weighted average number of common shares outstanding - diluted 12,867 13,250 13,922 Net income (loss) per common share - diluted $ 1.16 $ 0.60 $ 0.07  Dividends per share $ 0.24 $ 0.32 $ 0.27

VARIABLE INTEREST ENTITY (Table

VARIABLE INTEREST ENTITY (Tables)	12 Months Ended
	Dec. 31, 2018
Variable Interest Entity [Abstract]
Schedule of Variable Interest Entities	 December 31,  2017 Assets Investments: Debt securities, available-for-sale, at fair value $ 25,111 Equity securities, available-for-sale, at fair value 1,173 Total investments 26,284 Cash and cash equivalents 14,211 Reinsurance recoverable 3,323 Prepaid reinsurance premiums 2,481 Premiums receivable, net 1,184 Deferred acquisition costs 1,722 Other assets 2,322 Total assets $ 51,527  Liabilities Loss and loss adjustment expense reserves $ 6,356 Unearned premiums 8,752 Reinsurance payable 1,802 Debt, net of deferred financing costs 4,930 Other liabilities 1,825 Total liabilities $ 23,665

QUARTERLY RESULTS OF OPERATIO_2

QUARTERLY RESULTS OF OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	A summary of the Company’s unaudited quarterly results of operations includes the following: First Second Third Fourth  Quarter Quarter Quarter Quarter  (In thousands, except per share data) 2018 Net premiums earned $ 82,109 $ 83,557 $ 98,493 $ 91,098 Total revenue $ 93,077 $ 95,742 $ 110,832 $ 96,442 Losses and loss adjustment expenses $ 46,071 $ 47,570 $ 62,457 $ 72,318 Total costs and expenses $ 83,461 $ 83,726 $ 99,862 $ 108,836 Net income (loss) attributable to FedNat Holding Company shareholders $ 7,463 $ 8,820 $ 7,950 $ (9,305 ) Net income (loss) per share - basic $ 0.58 $ 0.69 $ 0.62 $ (0.73 ) First Second Third Fourth Quarter Quarter Quarter Quarter (In thousands, except per share data) 2017 Net premiums earned $ 81,660 $ 83,554 $ 80,764 $ 87,503 Total revenue $ 93,054 $ 98,159 $ 98,697 $ 101,752 Losses and loss adjustment expenses $ 56,899 $ 56,417 $ 75,367 $ 58,874 Total costs and expenses $ 89,170 $ 92,504 $ 108,876 $ 92,185 Net income (loss) attributable to FedNat Holding Company shareholders $ 2,422 $ 3,995 $ (4,724 ) $ 6,296 Net income (loss) per share - basic $ 0.18 $ 0.30 $ (0.36 ) $ 0.48

ORGANIZATION, CONSOLIDATION A_2

ORGANIZATION, CONSOLIDATION AND BASIS OF PRESENTATION - (Narrative) (Details) - USD ($)	Nov. 27, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Feb. 28, 2018	Feb. 21, 2018
Organization, Consolidation, And Basis of Preparation [Line Items]
Total debt maturities		$ 44,404,000	$ 49,251,000
Premiums Written, Net [Member] | Homeowners' Insurance Product Line [Member] | Customer Concentration Risk [Member] | ISA [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Concentration risk, percentage		23.80%	23.80%	24.10%
Premiums Written, Net [Member] | Homeowners' Insurance Product Line [Member] | Customer Concentration Risk [Member] | SageSure Insurance Managers LLC [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Concentration risk, percentage		15.00%	10.20%	6.90%
Monarch Delaware Holdings LLC [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Payments to acquire equity method investments	$ 12,300,000
Ownership percentage			100.00%			42.40%
Transatlantic Reinsurance Company [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Minimum quarterly consulting fee		$ 10,000,000
Transatlantic Reinsurance Company [Member] | Monarch Delaware Holdings LLC [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Capital contribution for voting interests					$ 4,400,000
Transatlantic Reinsurance Company [Member] | Monarch Delaware Holdings LLC [Member] | Senior Debt [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Total debt maturities		5,000,000
Crosswinds [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Minimum quarterly consulting fee		75,000
Catastrophe excess of loss reinsurance program limit		$ 10,000,000
Monarch National Insurance Company [Member]
Organization, Consolidation, And Basis of Preparation [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		100.00%

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES - (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2018	Dec. 31, 2018	Jan. 01, 2019	Jan. 01, 2018
Accounting Policies [Line Items]
Award requisite service period		1 year
Brokerage income recognition, reinsurance period		1 year
Personal automobile policy term		6 months
Minimum [Member]
Accounting Policies [Line Items]
Estimated useful life of property and equipment		5 years
Maximum [Member]
Accounting Policies [Line Items]
Estimated useful life of property and equipment		15 years
Software Development [Member]
Accounting Policies [Line Items]
Estimated useful life of property and equipment		3 years
Accounting Standards Update 2018-03 [Member]
Accounting Policies [Line Items]
Recognition of income (loss) due to net unrealized gains and losses on equity securities		$ (1,200)
Accounting Standards Update 2018-02 [Member]
Accounting Policies [Line Items]
Reclassification from AOCI to retained earnings, tax effect (less than)	$ 100
Retained Earnings [Member]
Accounting Policies [Line Items]
Cumulative effect of new accounting standards				$ 994
Retained Earnings [Member] | Accounting Standards Update 2018-03 [Member]
Accounting Policies [Line Items]
Cumulative effect of new accounting standards	$ 1,000
Forecast [Member] | Subsequent Event [Member] | Accounting Standards Update 2016-02 [Member]
Accounting Policies [Line Items]
Operating lease right-of-use			$ 6,000
Operating lease liability			$ 6,000

FAIR VALUE - (Financial Instrum

FAIR VALUE - (Financial Instruments Measured at Fair Value) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	$ 428,641	$ 423,238
Equity securities, available-for-sale, at fair value	17,758	15,434
Total investments	446,399	438,672
Fair value transfers	0		$ 0
United States Government Obligations and Authorities [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	127,868	98,137
Total investments	127,868	98,137
Held-to-maturity securities, fair Value	3,928	4,063
Obligations of States and Political Subdivisions [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	9,767	66,266
Total investments	9,767	66,266
Corporate [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	268,731	240,919
Total investments	268,731	240,919
Held-to-maturity securities, fair Value	982	1,144
International [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	22,275	17,916
Total investments	22,275	17,916
Held-to-maturity securities, fair Value	54	67
Level 1 [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	43,918	51,219
Equity securities, available-for-sale, at fair value	16,037	15,434
Total investments	59,955	66,653
Fair value transfers		0
Level 1 [Member] | United States Government Obligations and Authorities [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	43,918	51,219
Level 2 [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	384,723	372,019
Equity securities, available-for-sale, at fair value	1,721	0
Total investments	386,444	372,019
Level 2 [Member] | United States Government Obligations and Authorities [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	83,950	46,918
Level 2 [Member] | Obligations of States and Political Subdivisions [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	9,767	66,266
Level 2 [Member] | Corporate [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	268,731	240,919
Level 2 [Member] | International [Member]
Investments, Debt and Equity Securities [Abstract]
Debt securities, available for sale, at fair value	$ 22,275	$ 17,916

FAIR VALUE - (Held-to-Maturity

FAIR VALUE - (Held-to-Maturity Financial Instruments Measured at Fair Value) (Details) - Us Government Obligations And Authorities Corporate And International Securities [Member] - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair Value	$ 4,964	$ 5,274
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair Value	3,809	3,936
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity securities, fair Value	$ 1,155	$ 1,338

INVESTMENTS - (Narrative) (Deta

INVESTMENTS - (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Investments [Abstract]
Unrealized Gain (Loss) on Investments	$ (1.2)
Debt and equity securities held in an unrealized loss position	1,222	804
Debt securities and equity securities held in an unrealized loss position 12 months or more	371	81
OTTI losses	$ 0	$ 0	$ 0
Fair value of investments deposited with governmental authorities required by law	$ 10.3	$ 12.9

INVESTMENTS - (Summary of Amort

INVESTMENTS - (Summary of Amortized Cost and Fair Value of Debt and Equity Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Schedule of Investments [Line Items]
Available-for-sale securities, Fair Value	$ 446,399	$ 438,672
Held-to-maturity securities, Amortized Cost or Cost	5,126	5,349
Total investments, Amortized Cost or Cost	438,790	441,734
Total investments, Gross Unrealized Gain	1,643	4,597
Total investments, Gross Unrealized Loss	6,828	2,385
Total investments, Fair Value	433,605	443,946
Debt Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost	433,664	422,300
Available-for-sale securities, Gross Unrealized Gain	1,640	2,938
Available-for-sale securities, Gross Unrealized Loss	6,663	2,000
Available-for-sale securities, Fair Value	428,641	423,238
Held-to-maturity securities, Amortized Cost or Cost	5,126	5,349
Held-to-maturity securities, Gross Unrealized Gains	3	31
Held-to-maturity securities, Gross Unrealized Losses	165	106
Held-to-maturity securities, fair Value	4,964	5,274
United States Government Obligations and Authorities [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost	127,928	98,739
Available-for-sale securities, Gross Unrealized Gain	1,091	244
Available-for-sale securities, Gross Unrealized Loss	1,151	846
Available-for-sale securities, Fair Value	127,868	98,137
Held-to-maturity securities, Amortized Cost or Cost	4,085	4,160
Held-to-maturity securities, Gross Unrealized Gains	1	9
Held-to-maturity securities, Gross Unrealized Losses	158	106
Held-to-maturity securities, fair Value	3,928	4,063
Obligations of States and Political Subdivisions [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost	9,870	66,319
Available-for-sale securities, Gross Unrealized Gain	27	325
Available-for-sale securities, Gross Unrealized Loss	130	378
Available-for-sale securities, Fair Value	9,767	66,266
Corporate [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost	273,192	239,435
Available-for-sale securities, Gross Unrealized Gain	510	2,233
Available-for-sale securities, Gross Unrealized Loss	4,971	749
Available-for-sale securities, Fair Value	268,731	240,919
Held-to-maturity securities, Amortized Cost or Cost	986	1,123
Held-to-maturity securities, Gross Unrealized Gains	2	21
Held-to-maturity securities, Gross Unrealized Losses	6	0
Held-to-maturity securities, fair Value	982	1,144
International [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost	22,674	17,807
Available-for-sale securities, Gross Unrealized Gain	12	136
Available-for-sale securities, Gross Unrealized Loss	411	27
Available-for-sale securities, Fair Value	22,275	17,916
Held-to-maturity securities, Amortized Cost or Cost	55	66
Held-to-maturity securities, Gross Unrealized Gains	0	1
Held-to-maturity securities, Gross Unrealized Losses	1	0
Held-to-maturity securities, fair Value	$ 54	67
Equity Securities [Member]
Schedule of Investments [Line Items]
Available-for-sale securities, Amortized Cost or Cost		14,085
Available-for-sale securities, Gross Unrealized Gain		1,628
Available-for-sale securities, Gross Unrealized Loss		279
Available-for-sale securities, Fair Value		$ 15,434

INVESTMENTS - (Net Realized Gai

INVESTMENTS - (Net Realized Gains (Losses) by Major Investment Category (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]
Total gross realized gains	$ 2,797	$ 11,758	$ 7,472
Total gross realized losses	(6,941)	(3,210)	(4,427)
Net realized gains on investments	(4,144)	8,548	3,045
Debt Securities [Member]
Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]
Total gross realized gains	423	1,814	3,208
Total gross realized losses	(3,990)	(1,671)	(1,614)
Equity Securities [Member]
Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]
Total gross realized gains	2,374	9,944	4,264
Total gross realized losses	$ (2,951)	$ (1,539)	$ (2,813)

INVESTMENTS - (Amortized Cost a

INVESTMENTS - (Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Available-for-sale Securities, Debt maturities, Amortized cost:
One year or less	$ 20,349
Over one through five years	194,166
Over five through ten years	216,543
Over ten years	2,606
Amortized cost	433,664
Available-for-sale Securities, Debt maturities, Fair value:
One year or less	20,285
Over one through five years	192,491
Over five through ten years	213,427
Over ten years	2,438
Amortized cost	428,641
Held-to-maturity Securities, Debt maturities, Amortized cost [Abstract]
One year or less	650
Over one through five years	4,088
Over five through ten years	388
Amortized cost	5,126
Held-to-maturity Securities, Debt Maturities, Fair value:
One year or less	650
Over one through five years	3,935
Over five through ten years	379
Estimated fair value	4,964
Total Investments [Abstract]
Amortized cost	438,790
Estimated fair value	$ 433,605

INVESTMENTS - (Summary of Net I

INVESTMENTS - (Summary of Net Investment Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investment Income, Interest and Dividend [Abstract]
Investment Income, Interest	$ 12,253	$ 9,776	$ 7,920
Investment Income, Dividend	207	478	1,143
Net investment income	$ 12,460	$ 10,254	$ 9,063

INVESTMENTS - (Gross Unrealized

INVESTMENTS - (Gross Unrealized Losses and Related Fair Values for Debt and Equity Securities, Grouped by Duration of Time in Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair value [Abstract]
Less than 12 months	$ 201,896	$ 203,113
12 months or longer	92,423	31,440
Total	294,319	234,553
Gross unrealized losses [Abstract]
Less than 12 months	3,539	1,390
12 months or longer	3,124	610
Total	6,663	2,000
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	874	734
12 months or longer	3,203	2,730
Total	4,077	3,464
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less than 12 months	8	4
12 months or longer	157	102
Total	165	106
Equity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value		4,312
Equity Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss		279
Equity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value		0
Equity Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss		0
Equity Securities, Unrealized Loss Position, Fair Value		4,312
Equity Securities, Unrealized Loss Position, Accumulated Loss		279
Less than 12 Months, Fair Value	202,770	208,159
Less than 12 Months, Accumulated Loss	3,547	1,673
12 Months or Longer, Fair Value	95,626	34,170
12 Months or Longer, Accumulated Loss	3,281	712
Fair Value	298,396	242,329
Accumulated Loss	6,828	2,385
United States Government Obligations and Authorities [Member]
Fair value [Abstract]
Less than 12 months	22,673	52,368
12 months or longer	29,727	19,287
Total	52,400	71,655
Gross unrealized losses [Abstract]
Less than 12 months	246	517
12 months or longer	905	329
Total	1,151	846
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	229	523
12 months or longer	3,113	2,730
Total	3,342	3,253
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less than 12 months	1	4
12 months or longer	157	102
Total	158	106
Obligations of States and Political Subdivisions [Member]
Fair value [Abstract]
Less than 12 months	3,254	32,030
12 months or longer	4,786	5,676
Total	8,040	37,706
Gross unrealized losses [Abstract]
Less than 12 months	18	221
12 months or longer	112	157
Total	130	378
Corporate [Member]
Fair value [Abstract]
Less than 12 months	160,361	109,780
12 months or longer	53,232	6,452
Total	213,593	116,232
Gross unrealized losses [Abstract]
Less than 12 months	3,058	625
12 months or longer	1,913	124
Total	4,971	749
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	591	211
12 months or longer	90	0
Total	681	211
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less than 12 months	6	0
12 months or longer	0	0
Total	6	0
International [Member]
Fair value [Abstract]
Less than 12 months	15,608	8,935
12 months or longer	4,678	25
Total	20,286	8,960
Gross unrealized losses [Abstract]
Less than 12 months	217	27
12 months or longer	194	0
Total	411	$ 27
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months	54
12 months or longer	0
Total	54
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less than 12 months	1
12 months or longer	0
Total	$ 1

REINSURANCE - (Narrative) (Deta

REINSURANCE - (Narrative) (Details) - USD ($) $ in Thousands	Jul. 01, 2018	Jul. 31, 2017	Jul. 31, 2016	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Jul. 01, 2017	Jul. 01, 2016
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				$ 63,599		$ 63,599	$ 71,944
Reinsurance recoverable				211,424		211,424	124,601
FNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				174,400		174,400
Federated Nationals Insurance Company Non Florida Reinsurance Program 2017-2018 [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				1,700		1,700
Federated Nationals Insurance Company Non Florida Reinsurance Program 2017-2018 [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				21,000		21,000
MNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				5,000		$ 5,000
Quota Share Treaties [Member] | Private Passenger Automobile Insurance Product Line [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty						75.00%
Federated National 2018-2019 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				148,800		$ 148,800
Federated National 2018-2019 Reinsurance Programs [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				20,000		20,000
Multiple Year Protection Terminated [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				89,000		89,000
Multiple Year Protection Plan Expired [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				156,000		156,000
Federated Nationals Insurance Company Non Florida Reinsurance Program 2018-2019 [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				2,000		2,000
Federated Nationals Insurance Company Non Florida Reinsurance Program 2018-2019 [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				23,000		23,000
Federated National's Florida [Member] | FNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				124,000		124,000
Amount Of Private Market Excess Of Loss Treaties				25,100		25,100
FHCF [Member] | FNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				50,400		$ 50,400
Percentage of quota share reinsurance treaty						75.00%
FHCF [Member] | MNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				1,800		$ 1,800
Private and FHCF Reinsurance [Member] | FNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Liability for catastrophe claims, carrying amount				2,200,000		2,200,000
Maximum single event coverage				1,500,000		1,500,000
Private and FHCF Reinsurance [Member] | MNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Liability for catastrophe claims, carrying amount				109,000		109,000
Maximum single event coverage				68,100		$ 68,100
Percentage of quota share reinsurance treaty						75.00%
FNIC [Member]
Liability for Catastrophe Claims [Line Items]
Trust agreement for loss exposure (less than for 2018)				$ 100		$ 100	2,600
FNIC [Member] | FNIC's 2017-2018 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Reinsurance Retention Policy, Excess Retention, Amount Reinsured						18,000
FNIC [Member] | Private Market Excess Of Loss Treaties [Member] | Minimum [Member]
Liability for Catastrophe Claims [Line Items]
Payments for Reinsurance						7,100
Reinsurance Prepaid Automatic Reinstatement Protection Amount						$ 18,000
FNIC [Member] | Quota Share One [Member] | Florida Homeowners Book Of Business [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty	2.00%			10.00%	2.00%	30.00%
FNIC [Member] | Quota Share One [Member] | Property Insurance Product Line [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of property quota share expired on cut off basis								10.00%
FNIC [Member] | Quota Share Two [Member] | Florida Homeowners Book Of Business [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty					10.00%	10.00%
Monarch National S Florida [Member] | Private Market Excess Of Loss Treaties [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				$ 3,400		$ 3,400
Monarch National S Florida [Member] | MNIC’s 2016-2017 Catastrophe Reinsurance Program [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				3,200		3,200
Florida [Member] | Quota Share Treaties [Member] | Property Insurance Product Line [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty		10.00%	30.00%
Florida [Member] | Quota Share One [Member] | Property Insurance Product Line [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of property quota share expired on cut off basis									30.00%
Percentage of unearned premiums and losses retained									30.00%
Florida [Member] | Federated National's Florida [Member] | Federated National 2018-2019 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				102,700		102,700
Florida [Member] | FHCF [Member] | Federated National 2018-2019 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Amount payable under reinsurance program				46,100		$ 46,100
Percentage of quota share reinsurance treaty						75.00%
Florida [Member] | Private and FHCF Reinsurance [Member] | Federated National 2018-2019 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Liability for catastrophe claims, carrying amount				1,800,000		$ 1,800,000
Maximum single event coverage				1,300,000		$ 1,300,000
Florida [Member] | FNIC [Member] | Quota Share Treaties [Member] | Property Insurance Product Line [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty						40.00%
Number of quota share treaties						2 years
Hurricane Michael and Irma [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Reinsurance recoverable				183,500		$ 183,500	$ 88,000
Second Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2017-2018 [Member]
Liability for Catastrophe Claims [Line Items]
Reinsurance Retention Policy, Amount Retained						2,000
Reinsurance Amount Retained On Net Basis With Profit Share Agreement						1,000
Second Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2017-2018 [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				16,000		16,000
Second Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2018-2019 [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				13,000		13,000
Reinsurance Retention Policy, Amount Retained						2,000
Reinsurance Amount Retained On Net Basis With Profit Share Agreement						1,000
Second Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2018-2019 [Member] | Maximum [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				18,000		18,000
First Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2017-2018 [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				5,000		5,000
Reinsurance Retention Policy, Amount Retained						13,000
Reinsurance Amount Retained On Net Basis With Profit Share Agreement						6,500
First Event Coverage [Member] | Federated National 2018-2019 Reinsurance Programs [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				3,000		3,000
First Event Coverage [Member] | Federated Nationals Insurance Company Non Florida Reinsurance Program 2018-2019 [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				5,000		5,000
Reinsurance Retention Policy, Amount Retained						15,000
Reinsurance Amount Retained On Net Basis With Profit Share Agreement						7,500
Renewing Multiple Year Protection From Last Year [Member] | Florida And Non Florida Exposures [Member] | Private Market Excess Of Loss Treaties [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				156,000		156,000
New Multiple Year Protection This Year [Member] | Florida And Non Florida Exposures [Member] | Private Market Excess Of Loss Treaties [Member]
Liability for Catastrophe Claims [Line Items]
Additional coverage amount				$ 89,000		$ 89,000

REINSURANCE - (Reinsurance Reco

REINSURANCE - (Reinsurance Recoverables) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reinsurance Disclosures [Abstract]
Reinsurance recoverable on paid losses	$ 45,028	$ 26,256
Reinsurance recoverable on unpaid losses	166,396	98,345	$ 40,412	$ 7,496
Reinsurance recoverable, net	$ 211,424	$ 124,601

REINSURANCE - (Premiums Written

REINSURANCE - (Premiums Written and Earned) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Premiums Written, Net [Abstract]
Direct									$ 567,764	$ 603,417	$ 605,485
Ceded									(202,732)	(260,524)	(285,986)
Net premiums written									365,032	342,893	319,499
Premiums Earned, Net [Abstract]
Direct									580,020	603,193	565,423
Ceded									(224,763)	(269,712)	(304,054)
Premiums Earned, Net, Property and Casualty	$ 91,098	$ 98,493	$ 83,557	$ 82,109	$ 87,503	$ 80,764	$ 83,554	$ 81,660	$ 355,257	$ 333,481	$ 261,369

LOSS AND LOSS ADJUSTMENT RESE_3

LOSS AND LOSS ADJUSTMENT RESERVES - (Schedule of Activity in Liability for Loss and LAE Reserves) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Liability for Future Policy Benefits [Abstract]
Gross reserves, beginning-of-period	$ 230,515	$ 158,110	$ 97,706
Less: reinsurance recoverable	98,345	40,412	7,496
Net reserves, beginning-of-period	132,170	117,698	90,210
Incurred loss, net of reinsurance, related to:
Current year	231,133	245,545	201,704
Prior year loss development	2,166	13,926	13,156
Ceded losses under retrospectively rated quota-share	(4,883)	(11,914)	(17,050)
Prior years	(2,717)	2,012	(3,894)
Total incurred loss and LAE, net of reinsurance	228,416	247,557	197,810
Paid loss, net of reinsurance, related to:
Current year	155,462	160,945	123,364
Prior years	75,290	72,140	46,958
Total paid loss and LAE, net of reinsurance	230,752	233,085	170,322
Net reserves, end-of-period	129,834	132,170	117,698
Plus: reinsurance recoverable	166,396	98,345	40,412
Gross reserves, end-of-period	$ 296,230	$ 230,515	$ 158,110

LOSS AND LOSS ADJUSTMENT RESE_4

LOSS AND LOSS ADJUSTMENT RESERVES - (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Jul. 31, 2017	Jul. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Liability for Catastrophe Claims [Line Items]
Current year			$ 231,133	$ 245,545	$ 201,704
Federated National S20162017 Reinsurance Programs [Member] | Florida [Member]
Liability for Catastrophe Claims [Line Items]
Current year			$ 2,200	$ 13,900
Quota Share Treaties [Member] | Property Insurance Product Line [Member] | Florida [Member]
Liability for Catastrophe Claims [Line Items]
Percentage of quota share reinsurance treaty	10.00%	30.00%

LOSS AND LOSS ADJUSTMENT RESE_5

LOSS AND LOSS ADJUSTMENT RESERVES - (Schedule of Incurred Losses and ALAE, Net of Reinsurance) (Details) $ / Claim in Thousands, $ in Thousands	Dec. 31, 2018USD ($)$ / Claim	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)	Dec. 31, 2011USD ($)	Dec. 31, 2010USD ($)	Dec. 31, 2009USD ($)
Homeowners [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 867,139
Homeowners [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	27,159	$ 27,173	$ 27,163	$ 27,119	$ 27,041	$ 27,015	$ 26,482	$ 25,955	$ 25,618	$ 26,228
IBNR & development on reported claims	$ 141
Cumulative number of reported claims	2,334,000
Severity | $ / Claim	12
Homeowners [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 30,602	30,459	29,945	29,407	28,968	27,895	26,151	25,056	24,825
IBNR & development on reported claims	$ 30
Cumulative number of reported claims	2,391,000
Severity | $ / Claim	13
Homeowners [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 26,394	26,143	25,957	24,582	23,932	23,007	21,344	20,492
IBNR & development on reported claims	$ 25
Cumulative number of reported claims	2,428,000
Severity | $ / Claim	11
Homeowners [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 26,836	26,356	25,889	24,468	24,186	23,301	23,032
IBNR & development on reported claims	$ 38
Cumulative number of reported claims	2,691,000
Severity | $ / Claim	10
Homeowners [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 37,880	37,185	35,859	35,834	42,021	43,807
IBNR & development on reported claims	$ 139
Cumulative number of reported claims	3,427,000
Severity | $ / Claim	11
Homeowners [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 61,817	62,206	61,770	63,300	64,312
IBNR & development on reported claims	$ 636
Cumulative number of reported claims	7,621,000
Severity | $ / Claim	8
Homeowners [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 94,760	95,129	92,411	99,497
IBNR & development on reported claims	$ 2,232
Cumulative number of reported claims	13,137,000
Severity | $ / Claim	7
Homeowners [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 158,764	162,043	171,264
IBNR & development on reported claims	$ 11,832
Cumulative number of reported claims	23,982,000
Severity | $ / Claim	6
Homeowners [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 192,769	202,844
IBNR & development on reported claims	$ 62,363
Cumulative number of reported claims	62,200,000
Severity | $ / Claim	2
Homeowners [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 210,158
IBNR & development on reported claims	$ 91,887
Cumulative number of reported claims	28,532,000
Severity | $ / Claim	4
Commercial General Liability [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 70,733
Commercial General Liability [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	12,872	11,621	11,081	10,466	10,192	9,270	11,943	12,220	12,397	13,297
IBNR & development on reported claims	$ 5
Cumulative number of reported claims	988
Severity | $ / Claim	13
Commercial General Liability [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 8,252	7,809	7,645	7,597	7,535	7,045	7,474	7,582	8,552
IBNR & development on reported claims	$ 72
Cumulative number of reported claims	691
Severity | $ / Claim	12
Commercial General Liability [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 6,828	6,254	5,409	4,760	4,603	4,749	5,854	6,436
IBNR & development on reported claims	$ 63
Cumulative number of reported claims	1,058
Severity | $ / Claim	6
Commercial General Liability [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 4,509	4,346	4,658	4,700	4,801	4,952	5,279
IBNR & development on reported claims	$ 121
Cumulative number of reported claims	538
Severity | $ / Claim	8
Commercial General Liability [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 5,580	5,704	5,502	5,221	5,069	7,095
IBNR & development on reported claims	$ 219
Cumulative number of reported claims	573
Severity | $ / Claim	9
Commercial General Liability [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 6,348	6,620	6,384	7,709	7,475
IBNR & development on reported claims	$ 161
Cumulative number of reported claims	673
Severity | $ / Claim	9
Commercial General Liability [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 5,377	6,020	7,008	8,082
IBNR & development on reported claims	$ 215
Cumulative number of reported claims	713
Severity | $ / Claim	7
Commercial General Liability [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 6,561	5,809	10,727
IBNR & development on reported claims	$ 402
Cumulative number of reported claims	695
Severity | $ / Claim	9
Commercial General Liability [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 7,853	8,289
IBNR & development on reported claims	$ 4,634
Cumulative number of reported claims	530
Severity | $ / Claim	6
Commercial General Liability [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 6,553
IBNR & development on reported claims	$ 5,254
Cumulative number of reported claims	313
Severity | $ / Claim	4
Personal Auto Liability [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 67,199
Personal Auto Liability [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	242	243	243	243	243	258	264	259	267	$ 272
IBNR & development on reported claims	$ 0
Cumulative number of reported claims	57
Severity | $ / Claim	4
Personal Auto Liability [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 3,042	3,041	3,059	3,035	3,044	3,088	3,111	2,963	$ 2,823
IBNR & development on reported claims	$ 0
Cumulative number of reported claims	969
Severity | $ / Claim	3
Personal Auto Liability [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 2,756	2,796	2,848	2,762	2,912	2,954	3,350	$ 3,580
IBNR & development on reported claims	$ 0
Cumulative number of reported claims	789
Severity | $ / Claim	3
Personal Auto Liability [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 1,448	1,491	1,455	1,424	1,717	1,741	$ 1,735
IBNR & development on reported claims	$ 2
Cumulative number of reported claims	822
Severity | $ / Claim	2
Personal Auto Liability [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 2,123	2,161	1,829	1,826	1,863	$ 1,517
IBNR & development on reported claims	$ 9
Cumulative number of reported claims	3,468
Severity | $ / Claim	1
Personal Auto Liability [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 4,379	4,315	3,551	3,213	$ 2,038
IBNR & development on reported claims	$ 14
Cumulative number of reported claims	6,006
Severity | $ / Claim	1
Personal Auto Liability [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 2,878	2,781	2,882	$ 3,045
IBNR & development on reported claims	$ 62
Cumulative number of reported claims	6,498
Severity | $ / Claim	0
Personal Auto Liability [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 24,346	20,205	$ 13,414
IBNR & development on reported claims	$ 482
Cumulative number of reported claims	45,423
Severity | $ / Claim	1
Personal Auto Liability [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 22,472	$ 20,411
IBNR & development on reported claims	$ 2,222
Cumulative number of reported claims	31,169
Severity | $ / Claim	1
Personal Auto Liability [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Incurred, claims and allocated claim adjustment expenses, net of reinsurance	$ 3,513
IBNR & development on reported claims	$ 2,230
Cumulative number of reported claims	6,241
Severity | $ / Claim	0

LOSS AND LOSS ADJUSTMENT RESE_6

LOSS AND LOSS ADJUSTMENT RESERVES - (Schedule of Cumulative Paid Losses and ALAE, Net of Reinsurance Recoverable) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Claims Development [Line Items]
Unfavorable loss and LAE reserve	$ 296,230	$ 230,515	$ 158,110	$ 97,706
Homeowners [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	764,998
Unfavorable loss and LAE reserve	102,279
Homeowners [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	27,015	27,049	26,982	26,927	$ 26,831	$ 26,462	$ 26,007	$ 24,657	$ 23,095	$ 15,047
Homeowners [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	30,449	30,376	29,739	29,092	27,984	26,886	24,730	21,350	14,052
Homeowners [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	26,287	25,982	25,580	24,047	22,723	21,323	19,250	11,119
Homeowners [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	26,777	26,113	25,186	23,923	23,120	20,728	13,693
Homeowners [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	37,473	35,803	35,123	33,867	31,606	19,986
Homeowners [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	60,555	59,722	57,891	53,831	37,033
Homeowners [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	90,415	86,647	79,359	52,214
Homeowners [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	148,274	142,716	102,556
Homeowners [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	176,580	135,589
Homeowners [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	141,173
Homeowners [Member] | All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance
Claims Development [Line Items]
Unfavorable loss and LAE reserve	138
Commercial General Liability [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	53,261
Unfavorable loss and LAE reserve	18,888
Commercial General Liability [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	12,377	11,308	10,454	10,130	8,593	8,046	7,384	6,466	4,236	2,253
Commercial General Liability [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	7,918	7,631	7,382	7,238	6,363	5,553	3,855	2,279	1,187
Commercial General Liability [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	6,349	5,831	4,866	4,246	3,673	3,366	2,763	764
Commercial General Liability [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	4,098	3,841	3,686	3,342	2,632	1,714	871
Commercial General Liability [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	5,033	4,606	3,867	3,366	2,233	882
Commercial General Liability [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	5,130	4,375	3,855	2,593	717
Commercial General Liability [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	3,827	3,249	2,296	798
Commercial General Liability [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	5,088	3,657	1,515
Commercial General Liability [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	2,478	1,592
Commercial General Liability [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	963
Commercial General Liability [Member] | All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance
Claims Development [Line Items]
Unfavorable loss and LAE reserve	1,416
Personal Auto Liability [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	62,834
Unfavorable loss and LAE reserve	4,374
Personal Auto Liability [Member] | Accident Year 2009 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	242	243	243	243	243	241	225	220	218	$ 61
Personal Auto Liability [Member] | Accident Year 2010 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	3,037	3,035	2,984	2,978	2,942	2,863	2,715	2,482	$ 1,713
Personal Auto Liability [Member] | Accident Year 2011 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	2,755	2,755	2,755	2,726	2,644	2,562	2,381	$ 1,417
Personal Auto Liability [Member] | Accident Year 2012 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	1,444	1,430	1,393	1,384	1,333	1,293	$ 867
Personal Auto Liability [Member] | Accident Year 2013 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	2,112	2,109	2,069	1,906	1,609	$ 907
Personal Auto Liability [Member] | Accident Year 2014 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	4,291	4,122	3,678	3,120	$ 1,455
Personal Auto Liability [Member] | Accident Year 2015 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	2,807	2,670	2,293	$ 1,393
Personal Auto Liability [Member] | Accident Year 2016 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	23,053	17,258	$ 8,084
Personal Auto Liability [Member] | Accident Year 2017 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	20,762	$ 12,821
Personal Auto Liability [Member] | Accident Year 2018 [Member]
Claims Development [Line Items]
Cumulative paid, claims and allocated claim adjustment expenses, net of reinsurance	2,331
Personal Auto Liability [Member] | All outstanding liabilities for unpaid claims and ALAE prior to 2009, net of reinsurance
Claims Development [Line Items]
Unfavorable loss and LAE reserve	$ 9

LOSS AND LOSS ADJUSTMENT RESE_7

LOSS AND LOSS ADJUSTMENT RESERVES - (Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance) (Details)	Dec. 31, 2018
Homeowners [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 1	57.80%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 2	23.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 3	5.70%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 4	3.80%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 5	2.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 6	3.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 7	1.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 8	1.10%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 9	0.20%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 10	0.00%
Commercial General Liability [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 1	14.10%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 2	18.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 3	18.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 4	9.10%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 5	7.60%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 6	6.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 7	7.70%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 8	3.40%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 9	4.70%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 10	9.60%
Personal Auto Liability [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 1	41.70%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 2	32.20%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 3	16.40%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 4	5.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 5	2.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 6	1.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 7	0.20%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 8	0.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 9	0.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 10	0.00%

LOSS AND LOSS ADJUSTMENT RESE_8

LOSS AND LOSS ADJUSTMENT RESERVES - (Schedule of Reconciliation of Net Incurred and Paid Development) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Liability for Claims and Claims Adjustment Expense [Abstract]
Total liabilities for unpaid losses and LAE, net of reinsurance	$ 125,541	$ 127,791
Reinsurance Recoverables on Unpaid Losses, Gross to Net [Abstract]
Total reinsurance recoverables	166,396	98,345
Unallocated loss adjustment expenses	4,293	4,379
Unfavorable loss and LAE reserve	296,230	230,515	$ 158,110	$ 97,706
Homeowners [Member]
Liability for Claims and Claims Adjustment Expense [Abstract]
Total liabilities for unpaid losses and LAE, net of reinsurance	102,279	99,650
Reinsurance Recoverables on Unpaid Losses, Gross to Net [Abstract]
Total reinsurance recoverables	158,043	81,852
Unfavorable loss and LAE reserve	102,279
Commercial General Liability [Member]
Liability for Claims and Claims Adjustment Expense [Abstract]
Total liabilities for unpaid losses and LAE, net of reinsurance	18,888	17,111
Reinsurance Recoverables on Unpaid Losses, Gross to Net [Abstract]
Total reinsurance recoverables	0	0
Unfavorable loss and LAE reserve	18,888
Personal Auto Liability [Member]
Liability for Claims and Claims Adjustment Expense [Abstract]
Total liabilities for unpaid losses and LAE, net of reinsurance	4,374	11,030
Reinsurance Recoverables on Unpaid Losses, Gross to Net [Abstract]
Total reinsurance recoverables	8,275	15,360
Unfavorable loss and LAE reserve	4,374
Flood Insurance [Member]
Liability for Claims and Claims Adjustment Expense [Abstract]
Total liabilities for unpaid losses and LAE, net of reinsurance	0	0
Reinsurance Recoverables on Unpaid Losses, Gross to Net [Abstract]
Total reinsurance recoverables	$ 78	$ 1,133

LONG-TERM DEBT - (Schedule of D

LONG-TERM DEBT - (Schedule of Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt maturities	$ 44,404	$ 49,251
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member]
Debt Instrument [Line Items]
Deferred financing costs	348	377
Senior Unsecured Fixed Rate Notes, Due July 1, 2022 [Member]
Debt Instrument [Line Items]
Deferred financing costs	248	302
Other Consolidated Debt from VIE, Due March 17, 2021 [Member]
Debt Instrument [Line Items]
Deferred financing costs	0	70
Unsecured Debt [Member] | Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member]
Debt Instrument [Line Items]
Total debt maturities	24,652	24,623
Unsecured Debt [Member] | Senior Unsecured Fixed Rate Notes, Due July 1, 2022 [Member]
Debt Instrument [Line Items]
Total debt maturities	19,752	19,698
Other debt [Member] | Other Consolidated Debt from VIE, Due March 17, 2021 [Member]
Debt Instrument [Line Items]
Total debt maturities	$ 0	$ 4,930

LONG-TERM DEBT - (Narrative) (D

LONG-TERM DEBT - (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 31, 2019	Mar. 05, 2019	Mar. 31, 2018	Feb. 28, 2018	Dec. 31, 2017	Dec. 29, 2017	Dec. 28, 2017	Dec. 02, 2017
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member]
Debt Instrument [Line Items]
Deferred financing costs (less than)	$ 348,000					$ 377,000
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member] | Unsecured Debt [Member] | First two years after issuance [Member]
Debt Instrument [Line Items]
Redemption price, percentage	102.00%
Maturity period of debt	2 years
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member] | Unsecured Debt [Member] | Third through fifth year after issuance [Member]
Debt Instrument [Line Items]
Redemption price, percentage	101.00%
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member] | Unsecured Debt [Member] | After the fifth year after issuance [Member]
Debt Instrument [Line Items]
Redemption price, percentage	100.00%
Senior Unsecured Floating Rate Notes, Due December 31, 2027 [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt instrument face amount								$ 25,000,000
Basis spread on variable rate	7.00%
Default spread on variable rate	8.00%
Senior Unsecured Fixed Rate Notes, Due July 1, 2022 [Member]
Debt Instrument [Line Items]
Deferred financing costs (less than)	$ 248,000					302,000
Senior Unsecured Fixed Rate Notes, Due July 1, 2022 [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument face amount							$ 20,000,000
Redemption price, percentage	102.00%
Interest rate percentage									8.375%
Default rate, increase in fixed rate	0.50%
Other Consolidated Debt from VIE, Due March 17, 2021 [Member]
Debt Instrument [Line Items]
Deferred financing costs (less than)	$ 0					$ 70,000
Other Consolidated Debt from VIE, Due March 17, 2021 [Member] | Other debt [Member] | Monarch Delaware Holdings LLC [Member]
Debt Instrument [Line Items]
Debt instrument face amount					$ 5,000,000
Deferred financing costs (less than)				$ 100,000
Subsequent Event [Member] | Senior Unsecured Fixed Rate Notes, Due 2029 [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument face amount			$ 100,000,000
Interest rate percentage			7.50%
Forecast [Member] | Subsequent Event [Member] | Senior Unsecured Fixed Rate Notes, Due 2029 [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument face amount		$ 100,000,000
Interest rate percentage		7.50%

LONG-TERM DEBT - (Schedule of M

LONG-TERM DEBT - (Schedule of Maturities of Long-term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2,019	$ 0
2,020	0
2,021	0
2,022	20,000
2,023	0
Thereafter	25,000
Total debt maturities	45,000
Less: deferred financing costs	(596)	$ (749)
Total debt maturities, net	$ 44,404	$ 49,251

INCOME TAXES - (Summary of Prov

INCOME TAXES - (Summary of Provision for Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Federal Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current Federal Tax Expense (Benefit)	$ 5,162	$ 2,431	$ 5,076
Deferred Federal Income Tax Expense (Benefit)	(751)	810	(4,714)
Federal income tax expense	4,411	3,241	362
State and Local Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current	1,383	494	674
Deferred	(296)	(150)	(494)
State income tax expense	1,087	344	180
Total income tax expense (benefit)	$ 5,498	$ 3,585	$ 542

INCOME TAXES - (Effective Feder

INCOME TAXES - (Effective Federal and State Tax Rates to Income before Income Tax Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Computed expected tax expense provision, at federal rate	$ 4,244	$ 3,124	$ 631
State tax, net of federal tax benefit	761	187	50
Tax-exempt interest	(134)	(429)	(571)
Income subject to dividends-received deduction	(13)	(76)	(219)
Return to provision	158	329	145
Rate changes	0	297	0
Executive compensation	436	185	382
Meals and entertainment	28	76	130
Other	18	(108)	(6)
Total income tax expense (benefit)	$ 5,498	$ 3,585	$ 542

INCOME TAXES - (Narrative) (Det

INCOME TAXES - (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Effective income tax rate	27.20%	40.20%	30.10%
Discrete provisional net tax expense		$ 0

INCOME TAXES - (Reconciliation

INCOME TAXES - (Reconciliation of Tax Positions Taken During the Year) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of Unrecognized Tax Benefits [Roll Forward]
Balance at January 1	$ 585	$ 585	$ 203
Increases/(decreases) for tax positions taken during the current year	0	0	382
Balance at the end of the period	$ 585	$ 585	$ 585

INCOME TAXES - (Significant Com

INCOME TAXES - (Significant Components of Net Deferred Tax Liability) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred income tax assets:
Unearned premiums	$ 9,977	$ 9,543
Unpaid losses and loss adjustment expenses	958	1,050
Accrued expenses	832	689
Net operating loss carryforwards	1,714	1,567
Deferred revenue	236	0
Share-based compensation	255	255
Unrealized gains on investment securities	1,254	0
Other	21	123
Total deferred income tax assets	15,247	13,227
Deferred income tax liabilities:
Deferred acquisition costs	(11,198)	(11,742)
Depreciation and amortization	(577)	(548)
Unrealized gains on investment securities	0	(600)
Other	(273)	(30)
Total deferred income tax liabilities	(12,048)	(12,920)
Deferred income tax asset (liability), net	$ 3,199	$ 307

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - (Schedule of Future Minimum Lease Payments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Rent expense	$ 700	$ 600	$ 600
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,019	802
2,020	955
2,021	984
2,022	1,013
2,023	1,043
Thereafter	5,500
Total	$ 10,297

SHAREHOLDERS' EQUITY - (Narrati

SHAREHOLDERS' EQUITY - (Narrative) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award requisite service period		1 year
Amount authorized to repurchase common stock through March 8, 2018		$ 10,000,000
Repurchases of common stock (in shares)	(326,708)
Repurchases of common stock	$ 5,061,000	5,061,000	$ 10,617,000	$ 11,317,000
Average cost per share (in dollars per share)	$ 15.49
Remaining authorized repurchase amount		$ 10,000,000	$ 800,000
Value reserved for future issuance	$ 150,000,000
Capital shares reserved for future issuance (in shares)	800,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award requisite service period		1 year
Unamortized share-based compensation expense not yet recognized		$ 3,400,000
Unamortized share-based compensation remaining weighted average vesting period		1 year 4 months 28 days
Granted (in shares)		133,060	106,454	128,472
Minimum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ultimate expense range, percent of target		0.00%
Vesting period		3 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Amount authorized to repurchase common stock through March 8, 2018			$ 10,000,000
Maximum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ultimate expense range, percent of target		250.00%
Vesting period		5 years
2012 Stock Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)		1,000,000

SHAREHOLDERS' EQUITY - (Schedul

SHAREHOLDERS' EQUITY - (Schedule of Share-based Compensation Arrangements) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 2,367	$ 2,846	$ 3,831
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	600	1,098	1,478
Intrinsic value of options exercised	229	371	1,373
Fair value of restricted stock vested	2,360	2,328	4,150
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	2,134	2,639	3,831
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 233	$ 207	$ 0

SHAREHOLDERS' EQUITY - (Summary

SHAREHOLDERS' EQUITY - (Summary of Stock Option Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, end of period (in dollars per share)	$ 3.80
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning of period (in shares)	50,351	79,484	174,633
Granted (in shares)	0	0	0
Exercised (in shares)	(10,834)	(29,133)	(94,249)
Cancelled (in shares)	(500)	0	(900)
Outstanding, end of period (in shares)	39,017	50,351	79,484
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, beginning of period (in dollars per share)	$ 3.72	$ 3.70	$ 3.79
Weighted Average Option Exercise Price, Granted (in dollars per share)	0	0	0
Weighted Average Option Exercise Price, Exercised (in dollars per share)	3.47	3.68	3.85
Weighted Average Option Exercise Price, Cancelled (in dollars per share)	2.45	0	4.40
Outstanding, end of period (in dollars per share)	$ 3.80	$ 3.72	$ 3.70

SHAREHOLDERS' EQUITY - (Summa_2

SHAREHOLDERS' EQUITY - (Summary Information about Stock Options Outstanding and Exercisable) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares
Equity [Abstract]
Exercise price range lower limit (in dollars per share)	$ 2.45
Exercise price range upper limit (in dollars per share)	$ 4.4
Share outstanding and exercisable (in shares) | shares	39,017
Weighted Average Remaining Contractual Term (in years)	2 years 10 months 19 days
Weighted average exercise price (in dollars per share)	$ 3.80
Aggregate intrinsic value | $	$ 628,993

SHAREHOLDERS' EQUITY - (Summa_3

SHAREHOLDERS' EQUITY - (Summary of Restricted Stock Activity) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, beginning of period (in shares)	297,543	337,203	418,807
Granted (in shares)	133,060	106,454	128,472
Vested (in shares)	(112,071)	(140,514)	(204,916)
Cancelled (in shares)	(56,198)	(5,600)	(5,160)
Outstanding, end of period (in shares)	262,334	297,543	337,203
Restricted Shares, Weighted Average Option Exercise Price [Roll Forward]
Outstanding, beginning of period (in dollars per share)	$ 20.54	$ 19.69	$ 20.14
Granted (in dollars per share)	16.31	17.95	19.16
Vested (in dollars per share)	21.06	16.57	20.25
Cancelled (in dollars per share)	17.87	19.80	20.58
Outstanding, end of period (in dollars per share)	$ 18.78	$ 20.54	$ 19.69

SHAREHOLDERS' EQUITY - (Reconci

SHAREHOLDERS' EQUITY - (Reconciliation of Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2018	Jan. 01, 2017
Net [Roll Forward]
Accumulated other comprehensive income, beginning of period	$ 1,770
Accumulated other comprehensive income, end of period	(3,750)	$ 1,770
AOCI Attributable to Parent [Member]
Before Tax [Roll Forward]
Accumulated other comprehensive income, beginning of period	2,287	3,324
Cumulative effect of new accounting standards, before tax			$ (1,349)	$ 0
Other comprehensive income before reclassifications	(8,747)	7,511
Reclassification adjustment for realized gains included in net (loss) income	2,786	(8,548)
Change in net unrealized losses on investments, available-for-sale	(5,961)	(1,037)
Accumulated other comprehensive income, end of period	(5,023)	2,287
Income Tax [Roll Forward]
Accumulated other comprehensive income, beginning of period	593	1,201
Cumulative Effect Of New Accounting Principle In Period Of Adoption, Tax			355	0
Other comprehensive income before reclassifications	(2,217)	2,640
Reclassification from AOCI, Current Period, Tax	(706)	3,248
Other comprehensive income after reclassifications	1,511	608
Accumulated other comprehensive income, end of period	(1,273)	593
Net [Roll Forward]
Accumulated other comprehensive income, beginning of period	1,694	2,123
Cumulative effect of new accounting standards			$ (994)	$ 0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(6,530)	4,871
Reclassification adjustment for realized gains included in net (loss) income	2,080	(5,300)
Other comprehensive income after reclassifications	(4,450)	(429)
Accumulated other comprehensive income, end of period	$ (3,750)	$ 1,694

EMPLOYEE BENEFIT PLAN - (Detail

EMPLOYEE BENEFIT PLAN - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Percent of employees gross pay eligible for matching	100.00%
Percentage of first elective contributions	6.00%
Discretionary contribution amount	$ 1,000	$ 800	$ 900
Profit Sharing [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Additional profit sharing compensation expense	$ 0	$ 0

RELATED PARTY TRANSACTIONS - (D

RELATED PARTY TRANSACTIONS - (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Income [Member]
Related Party Transaction [Line Items]
Revenue from related parties	$ 300,000	$ 2,000,000	$ 200,000
Law Firm Associated with Chairman of the Board of Directors [Member]
Related Party Transaction [Line Items]
Expenses from transactions with related party	0	0	72,198
Southeast Catastrophe Consulting Company [Member]
Related Party Transaction [Line Items]
Expenses from transactions with related party	$ 6,700,000	$ 17,000,000	$ 3,100,000

EARNINGS PER SHARE - (Schedule

EARNINGS PER SHARE - (Schedule of Calculation of Basic and Diluted Net Income Per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Jun. 01, 2018	Oct. 31, 2018	Feb. 28, 2018	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Net income (loss) attributable to FedNat Holding Company shareholders				$ (9,305)	$ 7,950	$ 8,820	$ 7,463	$ 6,296	$ (4,724)	$ 3,995	$ 2,422	$ 14,928	$ 7,989	$ 1,015
Basic (in shares)												12,775	13,170	13,758
Net income (loss) per share - basic (in dollars per share)				$ (0.73)	$ 0.62	$ 0.69	$ 0.58	$ 0.48	$ (0.36)	$ 0.30	$ 0.18	$ 1.17	$ 0.61	$ 0.07
Dilutive effect of stock compensation plans												92	80	164
Diluted (in shares)												12,867	13,250	13,922
Net income per share - diluted (in dollars per share)												$ 1.16	$ 0.60	$ 0.07
Dividends declared per share of common stock (in dollars per share)	$ 0.08	$ 0.08	$ 0.08									$ 0.24	$ 0.32	$ 0.27

EARNINGS PER SHARE - (Narrative

EARNINGS PER SHARE - (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Jun. 01, 2018	Jan. 31, 2019	Oct. 31, 2018	Feb. 28, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Subsequent Event [Line Items]
Dividends declared per share of common stock (in dollars per share)	$ 0.08		$ 0.08	$ 0.08	$ 0.24	$ 0.32	$ 0.27
Payments of ordinary dividends	$ 1		$ 1	$ 1.1
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends declared per share of common stock (in dollars per share)		$ 0.08
Payments of ordinary dividends		$ 1

VARIABLE INTEREST ENTITY - (Nar

VARIABLE INTEREST ENTITY - (Narrative) (Details) - USD ($) $ in Thousands	2 Months Ended	12 Months Ended
	Feb. 21, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Cash flows from operating activities		$ 30,270	$ 13,106	$ 69,750
Monarch Delaware Holdings LLC [Member]
Variable Interest Entity [Line Items]
Ownership percentage	42.40%		100.00%
Earned premiums	$ 2,300		$ 9,400	4,700
Operating loss	2,300		12,500	2,900
Cash flows from operating activities	$ 6,400		$ (3,800)	$ 6,800
Federated National Holding Company [Member] | Monarch Delaware Holdings LLC [Member]
Variable Interest Entity [Line Items]
Ownership percentage	42.40%
TransRe [Member] | Monarch Delaware Holdings LLC [Member]
Variable Interest Entity [Line Items]
Ownership percentage	15.20%

VARIABLE INTEREST ENTITY - (Car

VARIABLE INTEREST ENTITY - (Carrying Amount of VIE Consolidated Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Investments
Debt securities, available-for-sale, at amortized cost	$ 433,664	$ 422,300
Equity securities, available-for-sale, at fair value	17,758	15,434
Total investments (including $0 and $26,284 related to the VIE, respectively)	451,525	444,021
Cash and cash equivalents	64,423	86,228	$ 74,593	$ 53,038
Reinsurance recoverable	211,424	124,601
Prepaid reinsurance premiums	108,577	135,492
Premiums receivable, net	29,791	46,393
Deferred acquisition costs	39,436	40,893
Other assets	10,156	13,403
Total assets	925,371	904,873
Liabilities
Loss and loss adjustment expense reserves	296,230	230,515	$ 158,110	$ 97,706
Unearned premiums	281,992	294,423
Reinsurance payable	63,599	71,944
Debt, net of deferred financing costs	44,404	49,251
Other liabilities	19,302	25,059
Total liabilities	710,112	677,414
Monarch Delaware - Variable Interest Entity [Member]
Investments
Debt securities, available-for-sale, at amortized cost		25,111
Equity securities, available-for-sale, at fair value		1,173
Total investments (including $0 and $26,284 related to the VIE, respectively)	0	26,284
Cash and cash equivalents	0	14,211
Reinsurance recoverable		3,323
Prepaid reinsurance premiums		2,481
Premiums receivable, net		1,184
Deferred acquisition costs		1,722
Other assets	$ 0	2,322
Total assets		51,527
Liabilities
Loss and loss adjustment expense reserves		6,356
Unearned premiums		8,752
Reinsurance payable		1,802
Debt, net of deferred financing costs		4,930
Other liabilities		1,825
Total liabilities		$ 23,665

STATUTORY ACCOUNTING AND DIVI_2

STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS - (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
STATUTORY ACCOUNTING AND DIVIDEND RESTRICTIONS [Abstract]
Carryforward period for statutory unassigned surplus included in consideration of dividend to be paid	2 years
Percentage of statutory unassigned surplus as of preceding year included in consideration of dividend to be paid	10.00%
Percentage of insurers capital surplus considered for dividend distribution	10.00%
Percentage of minimum statutory capital surplus after the dividend or distribution	115.00%
Number of business days prior to dividend payment	10 days
Statutory capital and surplus	$ 161.7	$ 188
Statutory Accounting Practices, Statutory Net Income Amount	$ 2.9	$ (19.6)	$ (37)

QUARTERLY RESULTS OF OPERATIO_3

QUARTERLY RESULTS OF OPERATIONS - (Summary of Unaudited Quarterly Results of Operations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Net premiums earned	$ 91,098	$ 98,493	$ 83,557	$ 82,109	$ 87,503	$ 80,764	$ 83,554	$ 81,660	$ 355,257	$ 333,481	$ 261,369
Total Revenue	96,442	110,832	95,742	93,077	101,752	98,697	98,159	93,054	396,093	391,662	307,525
Loss and loss adjustment expense reserves	72,318	62,457	47,570	46,071	58,874	75,367	56,417	56,899	65,715	72,405	60,404
Total costs and expenses	108,836	99,862	83,726	83,461	92,185	108,876	92,504	89,170	375,885	382,735	305,722
Net (loss) income attributable to Federated National Holding Company shareholders	$ (9,305)	$ 7,950	$ 8,820	$ 7,463	$ 6,296	$ (4,724)	$ 3,995	$ 2,422	$ 14,928	$ 7,989	$ 1,015
Net income (loss) per share - basic (in dollars per share)	$ (0.73)	$ 0.62	$ 0.69	$ 0.58	$ 0.48	$ (0.36)	$ 0.30	$ 0.18	$ 1.17	$ 0.61	$ 0.07

SUBSEQUENT EVENTS - (Narrative)

SUBSEQUENT EVENTS - (Narrative) (Details) - USD ($)	Feb. 25, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Apr. 20, 2019	Mar. 31, 2019	Mar. 05, 2019
Subsequent Event [Line Items]
Repayments of debt		$ 5,000,000	$ 0	$ 0
Forecast [Member] | Florida [Member]
Subsequent Event [Line Items]
Approved rate increase, percent					4.60%
Subsequent Event [Member] | 1347 Property Insurance Holdings, Inc [Member]
Subsequent Event [Line Items]
Consideration transferred	$ 51,000,000
Cash payments made in acquisition	25,500,000
Equity interests issued	$ 25,500,000
Resale of shares issued, Standstill Agreement term	5 years
Repayments of debt	$ 45,000,000
Right of first refusal agreement, term	5 years
Right of first refusal agreement, threshold, percent	7.50%
Investment advisory services agreement, term	5 years
Minimum net book value	$ 42,000,000
Subsequent Event [Member] | 1347 Property Insurance Holdings, Inc [Member] | Alabama, Florida, Georgia, Louisiana, South Carolina and Texas [Member]
Subsequent Event [Line Items]
Non-compete agreement, term	5 years
Subsequent Event [Member] | Senior Unsecured Fixed Rate Notes, Due 2029 [Member] | Unsecured Debt [Member]
Subsequent Event [Line Items]
Debt instrument face amount							$ 100,000,000
Interest rate percentage							7.50%
Subsequent Event [Member] | Senior Unsecured Fixed Rate Notes, Due 2029 [Member] | Unsecured Debt [Member] | Forecast [Member]
Subsequent Event [Line Items]
Debt instrument face amount						$ 100,000,000
Interest rate percentage						7.50%

Schedule II - Condensed Finan_2

Schedule II - Condensed Financial Information of Registrant - Condensed Balance Shsets (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Investments securities, available-for-sale, at fair value	$ 446,399	$ 438,672
Cash and cash equivalents	64,423	86,228	$ 74,593	$ 53,038
Deferred income taxes, net	3,199	307
Income taxes, net	5,220	9,817
Other assets	10,156	13,403
Total assets	925,371	904,873
Liabilities
Long-term debt	44,404	49,251
Other liabilities	19,302	25,059
Total liabilities	710,112	677,414
Preferred stock	0	0
Common stock	128	130
Additional paid-in capital	141,128	139,728
Accumulated other comprehensive income (loss)	(3,750)	1,770
Retained earnings	77,753	70,009
Total shareholders' equity attributable Federated National Holding Company shareholders	215,259	211,637
Noncontrolling Interest in Variable Interest Entity	0	15,822
Total shareholders’ equity	215,259	227,459	234,465	246,157
Total liabilities and shareholders' equity	925,371	904,873
Parent Company [Member]
ASSETS
Investments in subsidiaries	224,951	220,901
Investments securities, available-for-sale, at fair value	19,431	15,826
Equity securities, at fair value	1,490	0
Cash and cash equivalents	4,109	46,717	$ 7,786	$ 2,397
Deferred income taxes, net	786	415
Income taxes, net	9,885	7,700
Other assets	2,436	1,938
Total assets	263,088	293,497
Liabilities
Due to subsidiaries	987	19,624
Long-term debt	44,404	44,321
Other liabilities	2,438	2,093
Total liabilities	47,829	66,038
Preferred stock	0	0
Common stock	128	130
Additional paid-in capital	141,128	139,728
Accumulated other comprehensive income (loss)	(3,750)	1,770
Retained earnings	77,753	70,009
Total shareholders' equity attributable Federated National Holding Company shareholders	215,259	211,637
Noncontrolling Interest in Variable Interest Entity	0	15,822
Total shareholders’ equity	215,259	227,459
Total liabilities and shareholders' equity	$ 263,088	$ 293,497

Schedule II - Condensed Finan_3

Schedule II - Condensed Financial Information of Registrant - Condensed Statements of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Net investment income									$ 12,460	$ 10,254	$ 9,063
Net realized and unrealized investment gains (losses)									(4,144)	8,548	3,045
Total revenues	$ 96,442	$ 110,832	$ 95,742	$ 93,077	$ 101,752	$ 98,697	$ 98,159	$ 93,054	396,093	391,662	307,525
Costs and expenses [Abstract]
General and administrative expenses									22,183	19,963	17,186
Interest expense									4,177	348	348
Total costs and expenses	108,836	99,862	83,726	83,461	92,185	108,876	92,504	89,170	375,885	382,735	305,722
Income (loss) before income taxes									20,208	8,927	1,803
Income tax expense (benefit)									5,498	3,585	542
Net income (loss)									14,710	5,342	1,261
Net income (loss) attributable to non-controlling interest									(218)	(2,647)	246
Net income (loss) attributable to FedNat Holding Company shareholders	$ (9,305)	$ 7,950	$ 8,820	$ 7,463	$ 6,296	$ (4,724)	$ 3,995	$ 2,422	14,928	7,989	1,015
Parent Company [Member]
Revenues:
Management Fees Revenue									2,608	2,611	2,492
Net investment income									843	501	623
Net realized and unrealized investment gains (losses)									(765)	0	0
Equity in income of consolidated subsidiaries									30,895	16,902	8,550
Total revenues									33,581	20,014	11,665
Costs and expenses [Abstract]
General and administrative expenses									9,296	11,087	9,862
Interest expense									4,077	0	0
Total costs and expenses									13,373	11,087	9,862
Income (loss) before income taxes									20,208	8,927	1,803
Income tax expense (benefit)									5,498	3,585	542
Net income (loss)									14,710	5,342	1,261
Net income (loss) attributable to non-controlling interest									(218)	(2,647)	246
Net income (loss) attributable to FedNat Holding Company shareholders									$ 14,928	$ 7,989	$ 1,015

Schedule II - Condensed Finan_4

Schedule II - Condensed Financial Information of Registrant - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flow from operating activities [Abstract]
Net income (loss)	$ 14,710	$ 5,342	$ 1,261
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	1,385	1,166	869
Amortization of investment premium or discount, net	1,546	3,909	5,346
Share-based compensation	2,367	2,846	4,420
Changes in operating assets and liabilities [Abstract]
Income taxes, net	6,153	4,596	(16,485)
Other	(1,444)	(15,158)	8,486
Cash flow from investing activities [Abstract]
Sales, maturities and redemptions of investments securities	92,744	38,038	81,812
Purchases of property and equipment	(2,026)	(976)	(2,147)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]
Proceeds from issuance of long-term debt	0	45,000	0
Tax impact related to share-based compensation	0	0	589
Issuance of common stock for share-based awards	39	103	361
Purchases of FedNat Holding Company common stock	(5,061)	(10,616)	(11,317)
Dividends paid	(4,184)	(4,251)	(4,677)
Net increase (decrease) in cash and cash equivalents	(21,805)	11,635	21,555
Cash and cash equivalents at beginning-of-period	86,228	74,593	53,038
Cash and cash equivalents at end-of-period	64,423	86,228	74,593
Parent Company [Member]
Cash flow from operating activities [Abstract]
Net income (loss)	14,710	5,342	1,261
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net realized and unrealized investment (gains) losses	765	0	0
Depreciation and amortization	(30,895)	(16,902)	(10,691)
Amortization of investment premium or discount, net	141	88	73
Share-based compensation	1,183	2,846	4,420
Changes in operating assets and liabilities [Abstract]
Deferred income taxes, net of other comprehensive (loss) income	(230)	(2,057)	2,127
Income taxes, net	(2,141)	6,411	2,978
Due to subsidiaries	(9,317)	20,468	23,574
Other	1,497	1,450	3,786
Net cash provided by operating activities	(24,287)	17,646	27,528
Cash flow from investing activities [Abstract]
Capital contributions to consolidated subsidiaries, net	(30,000)	(25,000)	0
Sales, maturities and redemptions of investments securities	54,543	42,979	76,928
Purchases of investment securities	(61,009)	(26,828)	(83,724)
Purchases of property and equipment	(639)	(102)	(299)
Net cash used in investing activities	(37,105)	(8,951)	(7,095)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]
Proceeds from issuance of long-term debt	0	45,000	0
Tax impact related to share-based compensation	0	0	589
Issuance of common stock for share-based awards	39	103	361
Purchases of FedNat Holding Company common stock	(5,061)	(10,616)	(11,317)
Dividends from consolidated subsidiaries	27,990	0	0
Dividends paid	(4,184)	(4,251)	(4,677)
Net cash (used in) provided by financing activities	18,784	30,236	(15,044)
Net increase (decrease) in cash and cash equivalents	(42,608)	38,931	5,389
Cash and cash equivalents at beginning-of-period	46,717	7,786	2,397
Cash and cash equivalents at end-of-period	$ 4,109	$ 46,717	$ 7,786

Schedule V - Valuation and Qu_2

Schedule V - Valuation and Qualifying Accounts - (Details) - Allowance for Uncollectible Premiums Receivable [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance, beginning of period	$ 70	$ 55	$ 302
Valuation Allowances and Reserves, Additions for Charges to Cost and Expense	7	15	(219)
Deductions	0	0	(28)
Balance, end of period	$ 77	$ 70	$ 55

Schedule VI - Supplemental In_2

Schedule VI - Supplemental Information Concerning Insurance Operations - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Supplemental Information for Property, Casualty Insurance Underwriters [Line Items]
Earned premiums		$ 333,481	$ 261
Net investment income		10,254	9,063
Claim and claim adjustment expenses incurred related to current year	$ 231,133	245,545	201,704
Claim and claim adjustment expenses incurred related to prior year	(2,717)	2,012	(3,894)
Property and Casualty Insurance [Member]
Supplemental Information for Property, Casualty Insurance Underwriters [Line Items]
Deferred acquisition costs	39,436	40,893	41,892
Loss and loss adjustment expense reserves	296,230	230,515	158,110
Unearned premiums	281,992	294,423	294,022
Earned premiums	355,257
Net investment income	12,460
Claim and claim adjustment expenses incurred related to current year	231,133	245,545	201,704
Claim and claim adjustment expenses incurred related to prior year	(2,717)	2,012	(3,894)
Supplemental Information for Property, Casualty Insurance Underwriters, Amortization of Deferred Policy Acquisition Costs	97,873	87,310	57,452
Paid claims and claims adjustment expense	230,752	233,085	170,322
Supplemental Information for Property, Casualty Insurance Underwriters, Premiums Written	$ 365,032	$ 342,893	$ 319,499