Conifer (CNFR) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 07, 2017
Document And Entity Information
Entity Registrant Name	Conifer Holdings, Inc.
Entity Central Index Key	1,502,292
Trading Symbol	cnfr
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		7,633,069
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Investment securities:
Fixed maturity securities, at fair value (amortized cost of $116,418 and $113,915, respectively)	$ 116,276	$ 113,163
Equity securities, at fair value (cost of $4,456 and $4,283, respectively)	4,969	4,579
Short-term investments, at fair value	14,944	10,788
Total investments	136,189	128,530
Cash	10,863	12,493
Premiums and agents' balances receivable, net	23,018	24,538
Receivable from affiliate	724	1,751
Reinsurance recoverables on unpaid losses	10,552	6,658
Reinsurance recoverables on paid losses	1,923	840
Ceded unearned premiums	4,103	4,120
Deferred policy acquisition costs	12,649	13,290
Other assets	11,382	11,481
Total assets	211,403	203,701
Liabilities:
Unpaid losses and loss adjustment expenses	66,917	54,651
Unearned premiums	54,979	58,126
Senior debt	16,375	17,750
Accounts payable and other liabilities	7,165	5,380
Total liabilities	145,436	135,907
Commitments and contingencies	0	0
Shareholders' equity:
Common stock, no par value (100,000,000 shares authorized; 7,633,069 and 7,633,070 issued and outstanding, respectively)	80,808	80,342
Accumulated deficit	(14,334)	(11,468)
Accumulated other comprehensive income (loss)	(507)	(1,080)
Total shareholders' equity	65,967	67,794
Total liabilities and shareholders' equity	$ 211,403	$ 203,701

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Fixed maturity securities, amortized cost	$ 116,418	$ 113,915
Equity securities, amortized cost	$ 4,456	$ 4,283
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	7,633,069	7,633,070
Common stock, shares outstanding (in shares)	7,633,069	7,633,070

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Premiums
Gross earned premiums	$ 28,338	$ 25,258	$ 56,602	$ 48,804
Ceded earned premiums	(3,841)	(3,583)	(7,965)	(7,020)
Net earned premiums	24,497	21,675	48,637	41,784
Net investment income	663	528	1,240	1,065
Net realized investment gains (losses)	0	541	(8)	533
Other gains	750	0	750	0
Other income	372	283	726	528
Total revenue	26,282	23,027	51,345	43,910
Expenses
Losses and loss adjustment expenses, net	16,674	13,541	32,407	26,240
Policy acquisition costs	6,428	6,014	12,900	12,017
Operating expenses	4,370	4,536	8,900	8,675
Interest expense	219	143	443	300
Total expenses	27,691	24,234	54,650	47,232
Income (loss) before equity earnings of affiliates and income taxes	(1,409)	(1,207)	(3,305)	(3,322)
Equity earnings of affiliates, net of tax	60	71	164	158
Income tax benefit	(282)	(623)	(275)	(623)
Net income (loss)	$ (1,067)	$ (513)	$ (2,866)	$ (2,541)
Earnings (loss) per per common share, basic and diluted (in dollars per share)	$ (0.14)	$ (0.07)	$ (0.38)	$ (0.33)
Weighted average common shares outstanding, basic and diluted (in shares)	7,633,069	7,594,862	7,633,069	7,616,821

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,067)	$ (513)	$ (2,866)	$ (2,541)
Unrealized investment gains:
Unrealized investment gains during the period	519	277	904	1,736
Income tax expense	281	585	281	585
Unrealized investment gains (losses), net of tax	238	(308)	623	1,151
Less: reclassification adjustments to:
Net realized investment gains (losses) included in net income (loss)	(1)	(174)	50	(257)
Income tax benefit	0	(86)	0	(86)
Total reclassifications included in net income (loss), net of tax	(1)	(88)	50	(171)
Other comprehensive income (loss)	239	(220)	573	1,322
Total comprehensive income (loss)	$ (828)	$ (733)	$ (2,293)	$ (1,219)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands		Total	No Par, Common Stock	Accumulated deficit	Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period (in shares) at Dec. 31, 2015			7,644,492
Balance at beginning of period at Dec. 31, 2015		$ 77,262	$ 80,111	$ (3,031)	$ 182
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(2,541)		(2,541)
Repurchase of common stock (in shares)			(66,663)
Repurchase of common stock		(451)	$ (451)
RSU Expense	[1]	409	$ 409
Other comprehensive loss		1,322			1,322
Balance at end of period (in shares) at Jun. 30, 2016			7,577,829
Balance at end of period at Jun. 30, 2016		76,001	$ 80,069	(5,572)	1,504
Balance at beginning of period at Mar. 31, 2016					1,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(513)
Other comprehensive loss		(220)
Balance at end of period (in shares) at Jun. 30, 2016			7,577,829
Balance at end of period at Jun. 30, 2016		76,001	$ 80,069	(5,572)	1,504
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(5,896)		(5,896)
Repurchase of common stock (in shares)			(21,987)
Repurchase of common stock		(174)	$ (174)
RSU Expense (in shares)	[1]		77,228
RSU Expense	[1]	447	$ 447
Other comprehensive loss		(2,584)			(2,584)
Balance at end of period (in shares) at Dec. 31, 2016			7,633,070
Balance at end of period at Dec. 31, 2016		67,794	$ 80,342	(11,468)	(1,080)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(2,866)		(2,866)
RSU Expense (in shares)	[1]		(1)
RSU Expense	[1]	466	$ 466
Other comprehensive loss		573			573
Balance at end of period (in shares) at Jun. 30, 2017			7,633,069
Balance at end of period at Jun. 30, 2017		65,967	$ 80,808	(14,334)	(507)
Balance at beginning of period at Mar. 31, 2017					(746)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)		(1,067)
Other comprehensive loss		239
Balance at end of period (in shares) at Jun. 30, 2017			7,633,069
Balance at end of period at Jun. 30, 2017		$ 65,967	$ 80,808	$ (14,334)	$ (507)
[1]	"RSU" - restricted stock units

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Cash Flows From Operating Activities
Net income (loss)	$ (1,067)	$ (513)	$ (2,866)	$ (5,896)	$ (2,541)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization of property and equipment, and intangibles			199		197
Amortization of bond premium and discount, net			288		290
Net realized losses on investments			8		(533)
Incentive awards expenses - vesting of RSU			466		409
Equity earnings of affiliate	(60)	(71)	(164)		(158)
(Increase) decrease in:
Premiums and agents' balances receivable			2,547		(4,384)
Reinsurance recoverables			(4,977)		(1,055)
Ceded unearned premiums			17		1,635
Deferred policy acquisition costs			641		(1,080)
Other assets			67		(868)
Increase (decrease) in:
Unpaid losses and loss adjustment expenses			12,266		6,410
Unearned premiums			(3,147)		6,314
Accounts payable and other liabilities			2,009		608
Net cash provided by operating activities			7,354		5,244
Purchase of investments:
Fixed maturity securities			(16,504)		(27,375)
Equity securities			(544)		(754)
Short-term investments			(78,964)		(55,197)
Proceeds from maturities and redemptions of investments:
Fixed maturity securities			4,400		11,335
Other redemptions			8,662		0
Proceeds from sales of investments:
Fixed maturity securities			168		20,677
Equity securities			367		838
Short-term investments			74,808		45,284
Purchases of property and equipment			(2)		(138)
Net cash used in investing activities			(7,609)		(5,330)
Cash Flows From Financing Activities
Repurchase of common stock			0		(451)
Borrowings under debt arrangements			2,000		3,000
Repayment of borrowings under debt arrangements			(3,375)		(1,000)
Net cash (used in) provided by financing activities			(1,375)		1,549
Net (decrease) increase in cash			(1,630)		1,463
Cash at beginning of period			12,493	14,166	12,703
Cash at end of period	10,863	14,166	10,863	$ 12,493	14,166
Supplemental Disclosure of Cash Flow Information:
Interest paid			429		219
Net income taxes paid			0		45
Payable for securities - non cash item	$ 0	$ 8,063	$ 0		$ 8,063

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements include accounts, after elimination of intercompany accounts and transactions, of Conifer Holdings, Inc. (the “Company” or “Conifer”), its wholly owned subsidiaries, Conifer Insurance Company ("CIC"), White Pine Insurance Company ("WPIC"), Red Cedar Insurance Company ("RCIC"), and Sycamore Insurance Agency, Inc ("SIA"). CIC, WPIC, and RCIC are collectively referred to as the "Insurance Company Subsidiaries." On a stand-alone basis, Conifer Holdings, Inc. is referred to as the "Parent Company." On December 30, 2016, the Company's wholly owned subsidiary, American Colonial Insurance Company ("ACIC") was merged into WPIC, with WPIC as the surviving entity. The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company has applied the rules and regulations of the United States Securities and Exchange Commission (“SEC”) regarding interim financial reporting and therefore the consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements. In the opinion of management, all adjustments, consisting of items of a normal recurring nature, necessary for a fair presentation of the consolidated interim financial statements, have been included. The results of operations for the six months ended June 30, 2017 , are not necessarily indicative of the results expected for the year ended December 31, 2017 . These consolidated financial statements and the notes thereto should be read in conjunction with the Company's audited consolidated financial statements and related notes included in its Annual Report on Form 10-K for the year ended December 31, 2016 , as filed with the SEC on March 15, 2017. Business The Company is engaged in the sale of property and casualty insurance products and has organized its business model around two classes of insurance businesses: commercial and personal lines. The Company underwrites a variety of specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies. The Company markets and sells its insurance products through a network of independent agents and managing general agents. Policies are written in all 50 states. The Company’s corporate headquarters is located in Birmingham, Michigan with additional office facilities in Florida, Pennsylvania and Tennessee. The Company also generates other revenues through investment income and other income which mainly consists of installment fees and policy issuance fees generally related to the policies we write. We also generate equity earnings from SIA's 50% owned agency (the "Affiliate"). The Affiliate places small commercial risks mainly for alarm and security guard markets. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While management believes the amounts included in the consolidated financial statements reflect management's best estimates and assumptions, actual results may differ from these estimates. Recently Issued Accounting Guidance In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities . The ASU significantly changes the income statement impact of equity investments and the recognition of changes in fair value of financial liabilities attributable to an entity's own credit risk when the fair value option is elected. The ASU requires equity instruments that are not accounted for under the equity method to be measured at fair value and to recognize any changes in fair value in net income rather than other comprehensive income. ASU No. 2016-01 becomes effective for the Company in 2019 and will be applied using a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The provisions related to equity investments without a readily determinable fair value will be applied prospectively to equity investments as of the adoption date. Adoption of this ASU is not expected to have a material impact on the Company's financial position, cash flows, or total comprehensive income, but may have a material impact on the Company's results of operations as changes in fair value of equity instruments will be presented in net income rather than other comprehensive income. For the six months ended June 30, 2017 , other comprehensive income includes $623,000 of net unrealized gains on equity securities, net of taxes. See Note 9 ~ Other Comprehensive Income for details regarding the change in net unrealized gains on equity securities included in other comprehensive income (loss) for the six months ended June 30, 2017 and 2016 . In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The ASU requires lessees to record most leases on their balance sheets as a lease liability with a corresponding right-of-use asset, but continue to recognize the related leasing expense within net income. ASU No. 2016-02 becomes effective for the Company in 2020 and will be applied using a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company's future minimum lease payments, which represent minimum annual rental commitments excluding taxes, insurance and other operating costs for noncancelable operating leases, and will be subject to this new guidance, totaled $5.2 million at December 31, 2016. The calculation of the lease liability and right-of-use asset requires further analysis of the underlying leases to determine which portions of the underlying lease payments are required to be included in the calculation, however, the Company does not believe that this standard will have a material impact on the financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326), which amends the current methodology and timing for recognizing credit losses, except for debt securities measured at fair value. This amendment will replace the current GAAP "incurred loss" methodology for credit losses with a methodology based on expected credit losses. The new guidance will also require expanded consideration of a broader range of reasonable and increased supportable information for the credit loss estimates. This ASU is effective for annual and interim reporting periods beginning after December 15, 2019. The Company does not believe this standard will have a material impact on the financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) , which clarifies how certain cash receipts and cash payments should be presented and classified in the statement of cash flow under Topic 230, Statement of Cash Flows . This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This ASU becomes effective for the Company beginning in 2019. Early adoption is permitted. The Company does not believe that this standard will have a material impact to the statement of cash flows.

Investments

Investments	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investments	Investments The cost or amortized cost, gross unrealized gain or loss, and estimated fair value of the investments in securities classified as available for sale at June 30, 2017 and December 31, 2016 , were as follows (dollars in thousands): June 30, 2017 Cost or Amortized Cost Gross Unrealized Estimated Fair Value Gains Losses Fixed Maturity Securities: U.S. Government obligations $ 8,904 $ 32 $ (43 ) $ 8,893 State and local government 13,036 243 (74 ) 13,205 Corporate debt 38,836 283 (167 ) 38,952 Commercial mortgage-backed and other asset-backed 55,642 158 (574 ) 55,226 Total fixed maturity securities available for sale 116,418 716 (858 ) 116,276 Equity Securities: Common stocks - Public Utilities 103 28 — 131 Common stocks - Banks, Trusts and Insurance Companies 725 96 (9 ) 812 Common stocks - Industrial, miscellaneous and all other 3,628 535 (137 ) 4,026 Total equity securities available for sale 4,456 659 (146 ) 4,969 Total securities available for sale $ 120,874 $ 1,375 $ (1,004 ) $ 121,245 December 31, 2016 Cost or Amortized Cost Gross Unrealized Estimated Fair Value Gains Losses Fixed Maturity Securities: U.S. Government obligations $ 5,908 $ 31 $ (36 ) $ 5,903 State and local government 13,618 106 (205 ) 13,519 Corporate debt 34,105 205 (254 ) 34,056 Commercial mortgage-backed and other asset-backed 60,284 132 (731 ) 59,685 Total fixed maturity securities available for sale 113,915 474 (1,226 ) 113,163 Equity Securities: Common stocks - Public Utilities 159 25 (1 ) 183 Common stocks - Banks, Trusts and Insurance Companies 681 85 (9 ) 757 Common stocks - Industrial, miscellaneous and all other 3,443 256 (60 ) 3,639 Total equity securities available for sale 4,283 366 (70 ) 4,579 Total securities available for sale $ 118,198 $ 840 $ (1,296 ) $ 117,742 The following table summarizes the aggregate fair value and gross unrealized losses, by security type, of the available-for-sale securities in unrealized loss positions. The table segregates the holdings based on the length of time that individual securities have been in a continuous unrealized loss position, as follows (dollars in thousands): June 30, 2017 Less than 12 months Greater than 12 months Total No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses Fixed Maturity Securities: U.S. Government obligations 14 $ 6,743 $ (43 ) — $ — $ — 14 $ 6,743 $ (43 ) State and local government 14 3,872 (72 ) 1 99 (2 ) 15 3,971 (74 ) Corporate debt 21 10,604 (158 ) 2 766 (9 ) 23 11,370 (167 ) Commercial mortgage and asset-backed 43 32,843 (572 ) 5 390 (2 ) 48 33,233 (574 ) Total fixed maturity securities available for sale 92 54,062 (845 ) 8 1,255 (13 ) 100 55,317 (858 ) Equity Securities: Common stocks 23 1,221 (137 ) 1 34 (9 ) 24 1,255 (146 ) Total equity securities available for sale 23 1,221 (137 ) 1 34 (9 ) 24 1,255 (146 ) Total securities 115 $ 55,283 $ (982 ) 9 $ 1,289 $ (22 ) 124 $ 56,572 $ (1,004 ) December 31, 2016 Less than 12 months Greater than 12 months Total No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses Fixed Maturity Securities: U.S. Government obligations 15 $ 4,539 $ (36 ) — $ — $ — 15 $ 4,539 $ (36 ) State and local government 29 8,217 (202 ) 1 104 (3 ) 30 8,321 (205 ) Corporate debt 22 9,031 (239 ) 7 3,369 (15 ) 29 12,400 (254 ) Commercial mortgage and asset-backed 59 38,048 (722 ) 5 802 (9 ) 64 38,850 (731 ) Total fixed maturity securities available for sale 125 59,835 (1,199 ) 13 4,275 (27 ) 138 64,110 (1,226 ) Equity Securities: Common stock 76 2,472 (61 ) 2 66 (9 ) 78 2,538 (70 ) Total equity securities available for sale 76 2,472 (61 ) 2 66 (9 ) 78 2,538 (70 ) Total securities 201 $ 62,307 $ (1,260 ) 15 $ 4,341 $ (36 ) 216 $ 66,648 $ (1,296 ) The Company analyzed its investment portfolio in accordance with its other-than-temporary impairment ("OTTI") review procedures and determined the Company did not need to record a credit-related OTTI loss in net income, nor recognize a non-credit related OTTI loss in other comprehensive income for the six months ended June 30, 2017 and 2016 . The Company’s sources of net investment income are as follows (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Fixed maturity securities $ 696 $ 570 $ 1,297 $ 1,156 Equity securities 25 25 50 51 Cash and short-term investments 16 5 27 7 Total investment income 737 600 1,374 1,214 Investment expenses (74 ) (72 ) (134 ) (149 ) Net investment income $ 663 $ 528 $ 1,240 $ 1,065 The following table summarizes the gross realized gains and losses from sales or maturities of available-for-sale fixed maturity and equity securities (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Fixed maturity securities: Gross realized gains $ — $ 502 $ — $ 518 Gross realized losses — (16 ) (7 ) (22 ) Total fixed maturity securities — 486 (7 ) 496 Equity securities: Gross realized gains — 94 29 150 Gross realized losses — (39 ) (30 ) (113 ) Total equity securities — 55 (1 ) 37 Total realized gains (losses) $ — $ 541 $ (8 ) $ 533 Proceeds from the sales of debt and equity securities available for sale, maturities and other redemptions (primarily the return of capital) were $13.6 million and $32.9 million for the six months ended June 30, 2017 and 2016 , respectively. The table below summarizes the amortized cost and fair value of available-for-sale fixed maturity securities by contractual maturity at June 30, 2017 . Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without call or prepayment penalties (dollars in thousands): Amortized Cost Estimated Fair Value Due in one year or less $ 11,750 $ 11,760 Due after one year through five years 30,438 30,563 Due after five years through ten years 11,389 11,540 Due after ten years 7,199 7,187 Securities with contractual maturities 60,776 61,050 Commercial mortgage and asset backed 55,642 55,226 Total Fixed maturity securities $ 116,418 $ 116,276 At June 30, 2017 and December 31, 2016 , the Insurance Company Subsidiaries had an aggregate of $8.2 million and $9.6 million , respectively, on deposit in trust accounts to meet the deposit requirements of various state insurance departments. At June 30, 2017 and December 31, 2016 , the Company had $10.5 million and $10.3 million held in trust accounts to meet collateral requirements with other third-party insurers, relating to various fronting arrangements. There are withdrawal and other restrictions on these deposits, including the type of investments that may be held, however, the Company may generally invest in high-grade bonds and short-term investments and earn interest on the funds.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company’s financial instruments include assets and liabilities carried at fair value, as well as assets and liabilities carried at cost or amortized cost but disclosed at fair value in these consolidated financial statements. Fair value is defined as the price that would be received for an asset or paid to transfer a liability in the principally most advantageous market for the asset or liability in an orderly transaction between market participants. In determining fair value, the Company applies the market approach, which uses prices and other relevant data based on market transactions involving identical or comparable assets and liabilities. The inputs to valuation techniques used to measure fair value are prioritized into a three-level hierarchy. The hierarchy gives the highest priority to quoted prices from sources independent of the reporting entity (“observable inputs”) and the lowest priority to prices determined by the reporting entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (“unobservable inputs”). The fair value hierarchy is as follows: Level 1 —Valuations that are based on quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 —Valuations that are based on observable inputs (other than Level 1 prices) such as quoted prices for similar assets or liabilities at the measurement date; quoted prices in markets that are not active; or other inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability. Level 3 —Unobservable inputs that are supported by little or no market activity. The unobservable inputs represent the Company’s best assumption of how market participants would price the assets or liabilities. The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis, classified by the valuation hierarchy as of June 30, 2017 and December 31, 2016 (dollars in thousands): June 30, 2017 Fair Value Measurements Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Fixed Maturity Securities: U.S. Government obligations $ 8,893 $ — $ 8,893 $ — State and local government 13,205 — 13,205 — Corporate debt 38,952 — 38,952 — Commercial mortgage-backed and other asset-backed 55,226 — 55,226 — Total fixed maturity securities 116,276 — 116,276 — Equity Securities 4,969 4,719 250 — Short-term investments 14,944 14,944 — — Total assets measured at fair value $ 136,189 $ 19,663 $ 116,526 $ — Liabilities: Senior debt $ 16,375 $ — $ 16,375 $ — Total Liabilities measured at fair value $ 16,375 $ — $ 16,375 $ — December 31, 2016 Fair Value Measurements Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Fixed Maturity Securities: U.S. Government obligations $ 5,903 $ — $ 5,903 $ — State and local government 13,519 — 13,519 — Corporate debt 34,056 — 34,056 — Commercial mortgage-backed and other asset-backed 59,685 — 59,685 — Total fixed maturity securities 113,163 — 113,163 — Equity Securities 4,579 4,469 110 — Short-term investments 10,788 10,788 — — Total assets measured at fair value $ 128,530 $ 15,257 $ 113,273 $ — Liabilities: Senior debt $ 17,750 $ — $ 17,750 $ — Total Liabilities measured at fair value $ 17,750 $ — $ 17,750 $ — Level 1 investments consist of equity securities traded in an active exchange market. The Company uses unadjusted quoted prices for identical instruments to measure fair value. Level 1 also includes money market funds and other interest-bearing deposits at banks, which are reported as short-term investments. The fair value measurements that were based on Level 1 inputs comprise 14.4% of the fair value of the total investment portfolio as of June 30, 2017 . Level 2 investments include fixed maturity securities, which consist of U.S. government agency securities, state and local municipal bonds (including those held as restricted securities), corporate debt securities, mortgage-backed and asset-backed securities. The Company obtains pricing for each security from independent pricing services, investment managers or consultants to assist in determining fair value for its Level 2 investments. The fair value of securities included in the Level 2 category based on the market values obtained from a third party pricing service were evaluated using pricing models that vary by asset class and incorporate available trade, bid and other observable market information. The third party pricing service monitors market indicators, as well as industry and economic events. The fair value measurements that were based on Level 2 inputs comprise 85.6% of the fair value of the total investment portfolio as of June 30, 2017 . To validate that these quoted prices are reasonable estimates of fair value, the Company performs various quantitative and qualitative procedures, such as (i) evaluation of the underlying methodologies, (ii) analysis of recent sales activity, (iii) analytical review of our fair values against current market prices and (iv) comparison of the pricing services’ fair value to other pricing services’ fair value for the same investment. No markets for the investments were determined to be inactive for the periods presented. Based on these procedures, the Company did not adjust the prices or quotes provided from independent pricing services, investment managers or consultants. The Level 2 financial instruments also include our senior debt. The fair value of borrowings under the senior debt, consisting of the revolving credit facility and term loans, approximates its carrying amount because interest is based on a short-term, variable, market-based rate. The Company’s policy on recognizing transfers between hierarchy levels is applied at the end of each reporting period. There were no transfers between Levels 1, 2 and 3 for the six months ended June 30, 2017 and 2016 , respectively.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	6 Months Ended
	Jun. 30, 2017
Deferred Policy Acquisition Costs Disclosures [Abstract]
Deferred Policy Acquisition Costs	Deferred Policy Acquisition Costs The Company defers costs incurred which are incremental and directly related to the successful acquisition of new or renewal insurance business, net of corresponding amounts of ceded reinsurance commissions. Net deferred policy acquisition costs are amortized and charged to expense in proportion to premium earned over the estimated policy term. The Company anticipates that its deferred policy acquisition costs will be fully recoverable and there were no premium deficiencies for the six months ended June 30, 2017 and 2016 . The activity in deferred policy acquisition costs, net of reinsurance transactions, is as follows (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ 12,956 $ 12,221 $ 13,290 $ 12,102 Deferred policy acquisition costs 6,121 6,975 12,259 13,097 Amortization of policy acquisition costs (6,428 ) (6,014 ) (12,900 ) (12,017 ) Net change (307 ) 961 (641 ) 1,080 Balance at end of period $ 12,649 $ 13,182 $ 12,649 $ 13,182

Unpaid Losses and Loss Adjustme

Unpaid Losses and Loss Adjustment Expenses	6 Months Ended
	Jun. 30, 2017
Insurance Loss Reserves [Abstract]
Unpaid Losses and Loss Adjustment Expenses	Unpaid Losses and Loss Adjustment Expenses The Company establishes reserves for unpaid losses and loss adjustment expenses ("LAE") which represent the estimated ultimate cost of all losses incurred that were both reported and unreported (i.e., incurred but not yet reported losses; or “IBNR”) and LAE incurred that remain unpaid at the balance sheet date. The Company’s reserving process takes into account known facts and interpretations of circumstances and factors including the Company’s experience with similar cases, actual claims paid, historical trends involving claim payment patterns and pending levels of unpaid claims, loss management programs, product mix and contractual terms, changes in law and regulation, judicial decisions, and economic conditions. In the normal course of business, the Company may also supplement its claims processes by utilizing third party adjusters, appraisers, engineers, inspectors, and other professionals and information sources to assess and settle catastrophe and non-catastrophe related claims. The effects of inflation are implicitly considered in the reserving process. Reserves are estimates of unpaid portions of losses that have occurred, including IBNR losses; therefore the establishment of appropriate reserves is an inherently uncertain and complex process. The ultimate cost of losses may vary materially from recorded amounts, which are based on management’s best estimates. The highest degree of uncertainty is associated with reserves for losses incurred in the current reporting period as it contains the greatest proportion of losses that have not been reported or settled. The Company regularly updates its reserve estimates as new information becomes available and as events unfold that may affect the resolution of unsettled claims. Changes in reserve estimates, which may be material, are reported in the results of operations in the period such changes are determined to be needed and recorded. Management believes that the reserve for losses and LAE, net of reinsurance recoverables, is appropriately established in the aggregate and adequate to cover the ultimate net cost of reported and unreported claims arising from losses which had occurred by the date of the consolidated financial statements based on available facts and in accordance with applicable laws and regulations. The table below provides the changes in the reserves for losses and LAE, net of reinsurance recoverables, for the periods indicated as follows (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Gross reserves - beginning of period $ 62,135 $ 38,488 $ 54,651 $ 35,422 Less: reinsurance recoverables on unpaid losses 9,125 5,015 6,658 5,405 Net reserves - beginning of period 53,010 33,473 47,993 30,017 Add: incurred losses and LAE, net of reinsurance: Current period 12,397 12,034 25,051 23,146 Prior period 4,277 1,507 7,356 3,094 Total net incurred losses and LAE 16,674 13,541 32,407 26,240 Deduct: loss and LAE payments, net of reinsurance: Current period 5,313 5,793 7,216 7,792 Prior period 8,006 5,279 16,819 12,523 Total net loss and LAE payments 13,319 11,072 24,035 20,315 Net reserves - end of period 56,365 35,942 56,365 35,942 Plus: reinsurance recoverables on unpaid losses 10,552 5,890 10,552 5,890 Gross reserves - end of period $ 66,917 $ 41,832 $ 66,917 $ 41,832 The Company’s incurred losses during the three and six months ended June 30, 2017 , include prior-year adverse reserve development of $4.3 million and $7.4 million , respectively. In the second quarter of 2017, there was adverse development of $1.6 million from the commercial liability line of business, $1.3 million from the Florida homeowners line, $613,000 from the commercial property line and $245,000 from the commercial auto line of business. For the six months ended June 30, 2017 , there was adverse development of $2.9 million from the commercial liability line of business, $2.3 million from the commercial property line, $1.7 million from the Florida homeowners line, and $329,000 from the commercial auto line of business. The Company’s incurred losses during the three and six months ended June 30, 2016 include prior-year adverse reserve development of $1.5 million and $3.1 million , respectively. In the second quarter of 2016, there was $695,000 and $613,000 of adverse development in the Florida homeowners and commercial automobile lines, respectively. For the six months ended June 30, 2016, there was adverse development of $1.5 million from the Florida homeowners line and $1.5 million from the commercial automobile line.

Reinsurance

Reinsurance	6 Months Ended
	Jun. 30, 2017
Reinsurance Disclosures [Abstract]
Reinsurance	Reinsurance In the normal course of business, the Company seeks to minimize the loss that may arise from catastrophes or other events that cause unfavorable underwriting results by reinsuring certain levels of risk in various areas of exposure with reinsurers. The Company participates in reinsurance agreements in order to limit its loss exposure including protecting against catastrophe losses. The Company primarily ceded all specific commercial risks in excess of $500 thousand in both 2017 and 2016 . Reinsurance does not discharge the direct insurer from liability to its policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company. The Company evaluates the financial condition of its reinsurers and monitors the concentration of credit risk arising from similar geographic regions, activities, or economic characteristics of the reinsurers to minimize its exposure to significant losses from reinsurer insolvencies. To date, the Company has not experienced any significant difficulties in collecting reinsurance recoverables. The Company assumes written premiums under a few fronting arrangements, most of which are net of other reinsurance arrangements. The fronting arrangements are with unaffiliated insurers who write on behalf of the Company in markets that require a higher A.M. Best rating than the Company’s current rating, where the policies are written in a state where the Company is not licensed or for other strategic reasons. Assumed premiums are comprised entirely of these arrangements other than where there are premiums assumed from Citizens Property and Casualty Corporation. The following table presents the effects of such reinsurance and assumption transactions on premiums and losses and LAE (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Written premiums: Direct $ 20,719 $ 22,533 $ 41,619 $ 44,133 Assumed 6,262 7,192 11,836 10,985 Ceded (3,899 ) (3,549 ) (8,048 ) (6,892 ) Net written premiums $ 23,082 $ 26,176 $ 45,407 $ 48,226 Earned premiums: Direct $ 21,960 $ 22,574 $ 44,020 $ 44,815 Assumed 6,378 2,684 12,582 3,989 Ceded (3,841 ) (3,583 ) (7,965 ) (7,020 ) Net earned premiums $ 24,497 $ 21,675 $ 48,637 $ 41,784 Losses and LAE: Direct $ 16,194 $ 13,905 $ 32,227 $ 27,844 Assumed 4,830 1,447 8,704 2,356 Ceded (4,350 ) (1,811 ) (8,524 ) (3,960 ) Net Losses and LAE $ 16,674 $ 13,541 $ 32,407 $ 26,240

Senior Debt

Senior Debt	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Senior Debt	Senior Debt The Company's senior debt facility ("Credit Facility") is comprised of three notes: a $17.5 million revolving line of credit ("Revolver") which commenced in October 2013; a $5.0 million five -year term note ("Term Note") which commenced in October 2013; and a $7.5 million five -year term note which commenced in September 2014 ("2014 Term Note"). A summary of the outstanding senior debt is as follows (dollars in thousands): June 30, 2017 December 31, 2016 Revolver $ 11,000 $ 10,500 Term Note 1,000 1,750 2014 Term Note 4,375 5,500 Total $ 16,375 $ 17,750 The undrawn portion of the Revolver was $6.5 million as of June 30, 2017 , and was available to finance working capital, fund other general corporate purposes and provide surplus contributions to the Company's Insurance Company Subsidiaries to support premium growth or strategic acquisitions. The Credit Facility contains various restrictive covenants that relate to the Company’s shareholders’ equity, premiums-to-statutory capital and surplus ratios, fixed-charge coverage ratios, risk-based capital ratios, and A.M. Best ratings of its Insurance Company Subsidiaries. At June 30, 2017 , the Company was in compliance with all of its Credit Facility financial covenants.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity On February 25, 2016, the Company's Board of Directors authorized a stock repurchase program, under which the Company may repurchase up to $2.1 million of its outstanding common stock over a one -year period. Under this program, management was authorized to repurchase shares at prevailing market prices through open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws, including Rule 10b5-1 and 10b-18 of the Securities Exchange Act of 1934, as amended. The actual timing, number and value of shares repurchased under the program was determined by management in its discretion and depended on a number of factors, including the market price of the Company’s stock, general market conditions, and other factors. The plan expired on February 25, 2017. For the six months ended June 30, 2017 , the Company had not repurchased or retired any shares of stock. In 2016, the Company repurchased and retired 88,650 shares of stock valued at approximately $625 thousand .

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) The following table presents changes in accumulated other comprehensive income (loss) for unrealized gains and losses on available-for-sale securities (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ (746 ) $ 1,724 $ (1,080 ) $ 182 Other comprehensive income (loss) before reclassifications 238 (308 ) 623 1,151 Less: amounts reclassified from accumulated other comprehensive income (loss) (1 ) (88 ) 50 (171 ) Net current period other comprehensive income (loss) 239 (220 ) 573 1,322 Balance at end of period $ (507 ) $ 1,504 $ (507 ) $ 1,504

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic and diluted earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (dollars in thousands, except per share amounts): Three Months Ended Six Months Ended 2017 2016 2017 2016 Net income (loss) $ (1,067 ) $ (513 ) $ (2,866 ) $ (2,541 ) Weighted average common shares, basic and diluted* 7,633,069 7,594,862 7,633,069 7,616,821 Earnings (loss) per common share, basic and diluted $ (0.14 ) $ (0.07 ) $ (0.38 ) $ (0.33 ) * The 404,000 nonvested shares of the restricted stock units were anti-dilutive as of June 30, 2017 . Therefore, the basic and diluted weighted average common shares are equal for the three and six months ended June 30, 2017 .

Stock-based Compensation

Stock-based Compensation	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation In 2015, the Company issued 390,352 RSUs to executive officers and other employees to be settled in shares of common stock. The total RSUs were valued at $4.1 million on the date of grant. In 2016, the Company issued 111,281 RSUs to executive officers and other employees valued at $909,000 on the date of grant. The following summarizes our restricted stock unit "RSU" activity (units in thousands): Number of Units Weighted Average Grant-Date Fair Value Outstanding at December 31, 2015 390 $ 10.48 Units granted — — Units vested — — Units forfeited — — Outstanding at June 30, 2016 390 $ 10.48 Units granted 111 8.17 Units vested (77 ) 10.48 Units forfeited (8 ) 9.95 Outstanding at December 31, 2016 416 $ 9.87 Units granted — — Units vested — — Units forfeited (12 ) 9.87 Outstanding at June 30, 2017 404 $ 9.87 The Company recorded $466,000 and $409,000 of compensation expense related to the RSUs for the six months ended June 30, 2017 and 2016 , respectively. The total compensation cost related to the non-vested portion of the restricted stock units which has not been recognized as of June 30, 2017 , was $3.2 million .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal proceedings The Company and its subsidiaries are subject at times to various claims, lawsuits and proceedings relating principally to alleged errors or omissions in the placement of insurance, claims administration, and other business transactions arising in the ordinary course of business. Where appropriate, the Company vigorously defends such claims, lawsuits and proceedings. Some of these claims, lawsuits and proceedings seek damages, including consequential, exemplary or punitive damages, in amounts that could, if awarded, be significant. Most of the claims, lawsuits and proceedings arising in the ordinary course of business are related to the insurance policy issued. On the basis of current information, the Company does not believe that there is a reasonable possibility that any material loss exceeding amounts already accrued, if any, will result from any of the claims, lawsuits and proceedings to which the Company is subject, either individually, or in the aggregate.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information The Company is engaged in the sale of property and casualty insurance products and has organized its business model around two classes of insurance businesses: commercial and personal lines. Within these two insurance businesses, the Company offers various insurance products. Such insurance businesses are engaged in underwriting and marketing insurance coverages, and administering claims processing for such policies. The Company defines its operating segments as components of the business where separate financial information is available and used by the chief operating decision maker in deciding how to allocate resources to its segments and in assessing its performance. In assessing performance of its operating segments, the Company’s chief operating decision maker, the Chief Executive Officer, reviews a number of financial measures including gross written premiums, net earned premiums, losses and LAE, net of reinsurance recoveries. However, the primary measure used for making decisions about resources to be allocated to an operating segment and assessing performance is segment underwriting gain or loss which is defined as segment revenues, consisting of net earned premiums and other income, less segment expenses, consisting of losses and LAE, policy acquisition costs and other underwriting and operating expenses of the operating segments. Other underwriting and operating expenses primarily include compensation and related benefits for underwriting personnel, licensing of policy issuance and claims systems, rent and utilities. The Company markets, distributes and sells its insurance products primarily through a network of independent agents. All of the Company’s insurance activities are conducted in the United States with a concentration of activity in Florida, Michigan, Pennsylvania and Texas. For the six months ended June 30, 2017 and 2016 , gross written premiums attributable to these four states were 62% and 70% of the Company’s total gross written premiums. In addition to the reportable operating segments, the Company maintains a Corporate and Other category to reconcile segment results to the consolidated totals. The Corporate and Other category includes: (i) corporate operating expenses such as salaries and related benefits of the Company’s executive management team and finance and information technology personnel, and other corporate headquarters expenses, (ii) interest expense on the Company’s senior debt obligations; (iii) depreciation and amortization on property and equipment, and (iv) all investment income activity. All investment income activity is reported within net investment income and net realized investment gains on the consolidated statements of operations. The Company’s assets on the consolidated balance sheet are not allocated to the reportable segments. The following tables present information by reportable operating segment (dollars in thousands): Three Months Ended June 30, 2017 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 21,106 $ 5,875 $ — $ 26,981 Net written premiums $ 18,916 $ 4,166 $ — $ 23,082 Net earned premiums $ 20,094 $ 4,403 $ — $ 24,497 Other income 158 169 45 372 Segment revenue 20,252 4,572 45 24,869 Losses and loss adjustment expenses, net 11,761 4,913 — 16,674 Policy acquisition costs 4,997 1,431 — 6,428 Operating expenses 2,437 589 1,344 4,370 Segment expenses 19,195 6,933 1,344 27,472 Segment underwriting gain (loss) $ 1,057 $ (2,361 ) $ (1,299 ) $ (2,603 ) Net investment income 663 663 Net realized investment gains (losses) — — Other gains 750 750 Interest expense $ (219 ) $ (219 ) Income (loss) before equity earnings of affiliates and income taxes $ (105 ) $ (1,409 ) Three Months Ended June 30, 2016 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 22,821 $ 6,904 $ — $ 29,725 Net written premiums $ 20,548 $ 5,628 $ — $ 26,176 Net earned premiums $ 16,484 $ 5,191 $ — $ 21,675 Other income 83 187 13 283 Segment revenue 16,567 5,378 13 21,958 Losses and loss adjustment expenses, net 9,344 4,197 — 13,541 Policy acquisition costs 4,366 1,648 — 6,014 Operating expenses 1,610 766 2,160 4,536 Segment expenses 15,320 6,611 2,160 24,091 Segment underwriting gain (loss) $ 1,247 $ (1,233 ) $ (2,147 ) $ (2,133 ) Net investment income 528 528 Net realized investment gains (losses) 541 541 Interest expense (143 ) (143 ) Income (loss) before equity earnings of affiliates and income taxes $ (1,221 ) $ (1,207 ) Six Months Ended June 30, 2017 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 42,750 $ 10,705 $ — $ 53,455 Net written premiums $ 38,395 $ 7,012 $ — $ 45,407 Net earned premiums $ 39,782 $ 8,855 $ — $ 48,637 Other income 323 320 83 726 Segment revenue 40,105 9,175 83 49,363 Losses and loss adjustment expenses, net 24,229 8,178 — 32,407 Policy acquisition costs 10,020 2,880 — 12,900 Operating expenses 4,909 1,159 2,832 8,900 Segment expenses 39,158 12,217 2,832 54,207 Segment underwriting gain (loss) $ 947 $ (3,042 ) $ (2,749 ) (4,844 ) Net investment income 1,240 1,240 Net realized investment gains (losses) (8 ) (8 ) Other Gains 750 750 Interest Expense $ (443 ) $ (443 ) Income (loss) before equity earnings of affiliates and income taxes $ (1,210 ) $ (3,305 ) Six Months Ended June 30, 2016 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 41,965 $ 13,153 $ — $ 55,118 Net written premiums $ 37,536 $ 10,690 $ — $ 48,226 Net earned premiums $ 31,763 $ 10,021 $ — $ 41,784 Other income 182 318 28 528 Segment revenue 31,945 10,339 28 42,312 Losses and loss adjustment expenses, net 17,980 8,260 — 26,240 Policy acquisition costs 8,752 3,265 — 12,017 Operating expenses 3,344 1,435 3,896 8,675 Segment expenses 30,076 12,960 3,896 46,932 Segment underwriting gain (loss) $ 1,869 $ (2,621 ) $ (3,868 ) (4,620 ) Net investment income 1,065 1,065 Net realized investment gains (losses) 533 533 Interest expense (300 ) (300 ) Income (loss) before equity earnings of affiliates and income taxes $ (2,570 ) $ (3,322 )

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements include accounts, after elimination of intercompany accounts and transactions, of Conifer Holdings, Inc. (the “Company” or “Conifer”), its wholly owned subsidiaries, Conifer Insurance Company ("CIC"), White Pine Insurance Company ("WPIC"), Red Cedar Insurance Company ("RCIC"), and Sycamore Insurance Agency, Inc ("SIA"). CIC, WPIC, and RCIC are collectively referred to as the "Insurance Company Subsidiaries." On a stand-alone basis, Conifer Holdings, Inc. is referred to as the "Parent Company." On December 30, 2016, the Company's wholly owned subsidiary, American Colonial Insurance Company ("ACIC") was merged into WPIC, with WPIC as the surviving entity. The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Company has applied the rules and regulations of the United States Securities and Exchange Commission (“SEC”) regarding interim financial reporting and therefore the consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements. In the opinion of management, all adjustments, consisting of items of a normal recurring nature, necessary for a fair presentation of the consolidated interim financial statements, have been included. The results of operations for the six months ended June 30, 2017 , are not necessarily indicative of the results expected for the year ended December 31, 2017 . These consolidated financial statements and the notes thereto should be read in conjunction with the Company's audited consolidated financial statements and related notes included in its Annual Report on Form 10-K for the year ended December 31, 2016 , as filed with the SEC on March 15, 2017.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While management believes the amounts included in the consolidated financial statements reflect management's best estimates and assumptions, actual results may differ from these estimates.
Recently Issued Accounting Guidance	Recently Issued Accounting Guidance In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities . The ASU significantly changes the income statement impact of equity investments and the recognition of changes in fair value of financial liabilities attributable to an entity's own credit risk when the fair value option is elected. The ASU requires equity instruments that are not accounted for under the equity method to be measured at fair value and to recognize any changes in fair value in net income rather than other comprehensive income. ASU No. 2016-01 becomes effective for the Company in 2019 and will be applied using a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The provisions related to equity investments without a readily determinable fair value will be applied prospectively to equity investments as of the adoption date. Adoption of this ASU is not expected to have a material impact on the Company's financial position, cash flows, or total comprehensive income, but may have a material impact on the Company's results of operations as changes in fair value of equity instruments will be presented in net income rather than other comprehensive income. For the six months ended June 30, 2017 , other comprehensive income includes $623,000 of net unrealized gains on equity securities, net of taxes. See Note 9 ~ Other Comprehensive Income for details regarding the change in net unrealized gains on equity securities included in other comprehensive income (loss) for the six months ended June 30, 2017 and 2016 . In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The ASU requires lessees to record most leases on their balance sheets as a lease liability with a corresponding right-of-use asset, but continue to recognize the related leasing expense within net income. ASU No. 2016-02 becomes effective for the Company in 2020 and will be applied using a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company's future minimum lease payments, which represent minimum annual rental commitments excluding taxes, insurance and other operating costs for noncancelable operating leases, and will be subject to this new guidance, totaled $5.2 million at December 31, 2016. The calculation of the lease liability and right-of-use asset requires further analysis of the underlying leases to determine which portions of the underlying lease payments are required to be included in the calculation, however, the Company does not believe that this standard will have a material impact on the financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326), which amends the current methodology and timing for recognizing credit losses, except for debt securities measured at fair value. This amendment will replace the current GAAP "incurred loss" methodology for credit losses with a methodology based on expected credit losses. The new guidance will also require expanded consideration of a broader range of reasonable and increased supportable information for the credit loss estimates. This ASU is effective for annual and interim reporting periods beginning after December 15, 2019. The Company does not believe this standard will have a material impact on the financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) , which clarifies how certain cash receipts and cash payments should be presented and classified in the statement of cash flow under Topic 230, Statement of Cash Flows . This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This ASU becomes effective for the Company beginning in 2019. Early adoption is permitted. The Company does not believe that this standard will have a material impact to the statement of cash flows.
Fair Value Measurements	Level 1 investments consist of equity securities traded in an active exchange market. The Company uses unadjusted quoted prices for identical instruments to measure fair value. Level 1 also includes money market funds and other interest-bearing deposits at banks, which are reported as short-term investments. The fair value measurements that were based on Level 1 inputs comprise 14.4% of the fair value of the total investment portfolio as of June 30, 2017 . Level 2 investments include fixed maturity securities, which consist of U.S. government agency securities, state and local municipal bonds (including those held as restricted securities), corporate debt securities, mortgage-backed and asset-backed securities. The Company obtains pricing for each security from independent pricing services, investment managers or consultants to assist in determining fair value for its Level 2 investments. The fair value of securities included in the Level 2 category based on the market values obtained from a third party pricing service were evaluated using pricing models that vary by asset class and incorporate available trade, bid and other observable market information. The third party pricing service monitors market indicators, as well as industry and economic events. The fair value measurements that were based on Level 2 inputs comprise 85.6% of the fair value of the total investment portfolio as of June 30, 2017 . To validate that these quoted prices are reasonable estimates of fair value, the Company performs various quantitative and qualitative procedures, such as (i) evaluation of the underlying methodologies, (ii) analysis of recent sales activity, (iii) analytical review of our fair values against current market prices and (iv) comparison of the pricing services’ fair value to other pricing services’ fair value for the same investment. No markets for the investments were determined to be inactive for the periods presented. Based on these procedures, the Company did not adjust the prices or quotes provided from independent pricing services, investment managers or consultants. The Level 2 financial instruments also include our senior debt. The fair value of borrowings under the senior debt, consisting of the revolving credit facility and term loans, approximates its carrying amount because interest is based on a short-term, variable, market-based rate. The Company’s policy on recognizing transfers between hierarchy levels is applied at the end of each reporting period. There were no transfers between Levels 1, 2 and 3 for the six months ended June 30, 2017 and 2016 , respectively. The Company’s financial instruments include assets and liabilities carried at fair value, as well as assets and liabilities carried at cost or amortized cost but disclosed at fair value in these consolidated financial statements. Fair value is defined as the price that would be received for an asset or paid to transfer a liability in the principally most advantageous market for the asset or liability in an orderly transaction between market participants. In determining fair value, the Company applies the market approach, which uses prices and other relevant data based on market transactions involving identical or comparable assets and liabilities. The inputs to valuation techniques used to measure fair value are prioritized into a three-level hierarchy. The hierarchy gives the highest priority to quoted prices from sources independent of the reporting entity (“observable inputs”) and the lowest priority to prices determined by the reporting entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (“unobservable inputs”). The fair value hierarchy is as follows: Level 1 —Valuations that are based on quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 —Valuations that are based on observable inputs (other than Level 1 prices) such as quoted prices for similar assets or liabilities at the measurement date; quoted prices in markets that are not active; or other inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability. Level 3 —Unobservable inputs that are supported by little or no market activity. The unobservable inputs represent the Company’s best assumption of how market participants would price the assets or liabilities.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities	The cost or amortized cost, gross unrealized gain or loss, and estimated fair value of the investments in securities classified as available for sale at June 30, 2017 and December 31, 2016 , were as follows (dollars in thousands): June 30, 2017 Cost or Amortized Cost Gross Unrealized Estimated Fair Value Gains Losses Fixed Maturity Securities: U.S. Government obligations $ 8,904 $ 32 $ (43 ) $ 8,893 State and local government 13,036 243 (74 ) 13,205 Corporate debt 38,836 283 (167 ) 38,952 Commercial mortgage-backed and other asset-backed 55,642 158 (574 ) 55,226 Total fixed maturity securities available for sale 116,418 716 (858 ) 116,276 Equity Securities: Common stocks - Public Utilities 103 28 — 131 Common stocks - Banks, Trusts and Insurance Companies 725 96 (9 ) 812 Common stocks - Industrial, miscellaneous and all other 3,628 535 (137 ) 4,026 Total equity securities available for sale 4,456 659 (146 ) 4,969 Total securities available for sale $ 120,874 $ 1,375 $ (1,004 ) $ 121,245 December 31, 2016 Cost or Amortized Cost Gross Unrealized Estimated Fair Value Gains Losses Fixed Maturity Securities: U.S. Government obligations $ 5,908 $ 31 $ (36 ) $ 5,903 State and local government 13,618 106 (205 ) 13,519 Corporate debt 34,105 205 (254 ) 34,056 Commercial mortgage-backed and other asset-backed 60,284 132 (731 ) 59,685 Total fixed maturity securities available for sale 113,915 474 (1,226 ) 113,163 Equity Securities: Common stocks - Public Utilities 159 25 (1 ) 183 Common stocks - Banks, Trusts and Insurance Companies 681 85 (9 ) 757 Common stocks - Industrial, miscellaneous and all other 3,443 256 (60 ) 3,639 Total equity securities available for sale 4,283 366 (70 ) 4,579 Total securities available for sale $ 118,198 $ 840 $ (1,296 ) $ 117,742
Schedule of Unrealized Loss Positions	The following table summarizes the aggregate fair value and gross unrealized losses, by security type, of the available-for-sale securities in unrealized loss positions. The table segregates the holdings based on the length of time that individual securities have been in a continuous unrealized loss position, as follows (dollars in thousands): June 30, 2017 Less than 12 months Greater than 12 months Total No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses Fixed Maturity Securities: U.S. Government obligations 14 $ 6,743 $ (43 ) — $ — $ — 14 $ 6,743 $ (43 ) State and local government 14 3,872 (72 ) 1 99 (2 ) 15 3,971 (74 ) Corporate debt 21 10,604 (158 ) 2 766 (9 ) 23 11,370 (167 ) Commercial mortgage and asset-backed 43 32,843 (572 ) 5 390 (2 ) 48 33,233 (574 ) Total fixed maturity securities available for sale 92 54,062 (845 ) 8 1,255 (13 ) 100 55,317 (858 ) Equity Securities: Common stocks 23 1,221 (137 ) 1 34 (9 ) 24 1,255 (146 ) Total equity securities available for sale 23 1,221 (137 ) 1 34 (9 ) 24 1,255 (146 ) Total securities 115 $ 55,283 $ (982 ) 9 $ 1,289 $ (22 ) 124 $ 56,572 $ (1,004 ) December 31, 2016 Less than 12 months Greater than 12 months Total No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses No. of Issues Fair Value of Investments with Unrealized Losses Gross Un realized Losses Fixed Maturity Securities: U.S. Government obligations 15 $ 4,539 $ (36 ) — $ — $ — 15 $ 4,539 $ (36 ) State and local government 29 8,217 (202 ) 1 104 (3 ) 30 8,321 (205 ) Corporate debt 22 9,031 (239 ) 7 3,369 (15 ) 29 12,400 (254 ) Commercial mortgage and asset-backed 59 38,048 (722 ) 5 802 (9 ) 64 38,850 (731 ) Total fixed maturity securities available for sale 125 59,835 (1,199 ) 13 4,275 (27 ) 138 64,110 (1,226 ) Equity Securities: Common stock 76 2,472 (61 ) 2 66 (9 ) 78 2,538 (70 ) Total equity securities available for sale 76 2,472 (61 ) 2 66 (9 ) 78 2,538 (70 ) Total securities 201 $ 62,307 $ (1,260 ) 15 $ 4,341 $ (36 ) 216 $ 66,648 $ (1,296 )
Schedule of Investment Income	The Company’s sources of net investment income are as follows (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Fixed maturity securities $ 696 $ 570 $ 1,297 $ 1,156 Equity securities 25 25 50 51 Cash and short-term investments 16 5 27 7 Total investment income 737 600 1,374 1,214 Investment expenses (74 ) (72 ) (134 ) (149 ) Net investment income $ 663 $ 528 $ 1,240 $ 1,065
Schedule of Gross Realized Gains and Losses on Securities	The following table summarizes the gross realized gains and losses from sales or maturities of available-for-sale fixed maturity and equity securities (dollars in thousands): Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Fixed maturity securities: Gross realized gains $ — $ 502 $ — $ 518 Gross realized losses — (16 ) (7 ) (22 ) Total fixed maturity securities — 486 (7 ) 496 Equity securities: Gross realized gains — 94 29 150 Gross realized losses — (39 ) (30 ) (113 ) Total equity securities — 55 (1 ) 37 Total realized gains (losses) $ — $ 541 $ (8 ) $ 533
Summary of Amortized Cost and Fair Value of Securities	The table below summarizes the amortized cost and fair value of available-for-sale fixed maturity securities by contractual maturity at June 30, 2017 . Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without call or prepayment penalties (dollars in thousands): Amortized Cost Estimated Fair Value Due in one year or less $ 11,750 $ 11,760 Due after one year through five years 30,438 30,563 Due after five years through ten years 11,389 11,540 Due after ten years 7,199 7,187 Securities with contractual maturities 60,776 61,050 Commercial mortgage and asset backed 55,642 55,226 Total Fixed maturity securities $ 116,418 $ 116,276

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value	The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis, classified by the valuation hierarchy as of June 30, 2017 and December 31, 2016 (dollars in thousands): June 30, 2017 Fair Value Measurements Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Fixed Maturity Securities: U.S. Government obligations $ 8,893 $ — $ 8,893 $ — State and local government 13,205 — 13,205 — Corporate debt 38,952 — 38,952 — Commercial mortgage-backed and other asset-backed 55,226 — 55,226 — Total fixed maturity securities 116,276 — 116,276 — Equity Securities 4,969 4,719 250 — Short-term investments 14,944 14,944 — — Total assets measured at fair value $ 136,189 $ 19,663 $ 116,526 $ — Liabilities: Senior debt $ 16,375 $ — $ 16,375 $ — Total Liabilities measured at fair value $ 16,375 $ — $ 16,375 $ — December 31, 2016 Fair Value Measurements Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Fixed Maturity Securities: U.S. Government obligations $ 5,903 $ — $ 5,903 $ — State and local government 13,519 — 13,519 — Corporate debt 34,056 — 34,056 — Commercial mortgage-backed and other asset-backed 59,685 — 59,685 — Total fixed maturity securities 113,163 — 113,163 — Equity Securities 4,579 4,469 110 — Short-term investments 10,788 10,788 — — Total assets measured at fair value $ 128,530 $ 15,257 $ 113,273 $ — Liabilities: Senior debt $ 17,750 $ — $ 17,750 $ — Total Liabilities measured at fair value $ 17,750 $ — $ 17,750 $ —

Deferred Policy Acquisition C24

Deferred Policy Acquisition Costs (Tables)	6 Months Ended
	Jun. 30, 2017
Deferred Policy Acquisition Costs Disclosures [Abstract]
Summary of Deferred Policy Acquisition Costs	The activity in deferred policy acquisition costs, net of reinsurance transactions, is as follows (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ 12,956 $ 12,221 $ 13,290 $ 12,102 Deferred policy acquisition costs 6,121 6,975 12,259 13,097 Amortization of policy acquisition costs (6,428 ) (6,014 ) (12,900 ) (12,017 ) Net change (307 ) 961 (641 ) 1,080 Balance at end of period $ 12,649 $ 13,182 $ 12,649 $ 13,182

Unpaid Losses and Loss Adjust25

Unpaid Losses and Loss Adjustment Expenses (Tables)	6 Months Ended
	Jun. 30, 2017
Insurance Loss Reserves [Abstract]
Schedule of the Changes in the Reserves for Losses and Loss Adjustment Expense	The table below provides the changes in the reserves for losses and LAE, net of reinsurance recoverables, for the periods indicated as follows (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Gross reserves - beginning of period $ 62,135 $ 38,488 $ 54,651 $ 35,422 Less: reinsurance recoverables on unpaid losses 9,125 5,015 6,658 5,405 Net reserves - beginning of period 53,010 33,473 47,993 30,017 Add: incurred losses and LAE, net of reinsurance: Current period 12,397 12,034 25,051 23,146 Prior period 4,277 1,507 7,356 3,094 Total net incurred losses and LAE 16,674 13,541 32,407 26,240 Deduct: loss and LAE payments, net of reinsurance: Current period 5,313 5,793 7,216 7,792 Prior period 8,006 5,279 16,819 12,523 Total net loss and LAE payments 13,319 11,072 24,035 20,315 Net reserves - end of period 56,365 35,942 56,365 35,942 Plus: reinsurance recoverables on unpaid losses 10,552 5,890 10,552 5,890 Gross reserves - end of period $ 66,917 $ 41,832 $ 66,917 $ 41,832

Reinsurance (Tables)

Reinsurance (Tables)	6 Months Ended
	Jun. 30, 2017
Reinsurance Disclosures [Abstract]
Summary of the Effects of Reinsurance	The following table presents the effects of such reinsurance and assumption transactions on premiums and losses and LAE (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Written premiums: Direct $ 20,719 $ 22,533 $ 41,619 $ 44,133 Assumed 6,262 7,192 11,836 10,985 Ceded (3,899 ) (3,549 ) (8,048 ) (6,892 ) Net written premiums $ 23,082 $ 26,176 $ 45,407 $ 48,226 Earned premiums: Direct $ 21,960 $ 22,574 $ 44,020 $ 44,815 Assumed 6,378 2,684 12,582 3,989 Ceded (3,841 ) (3,583 ) (7,965 ) (7,020 ) Net earned premiums $ 24,497 $ 21,675 $ 48,637 $ 41,784 Losses and LAE: Direct $ 16,194 $ 13,905 $ 32,227 $ 27,844 Assumed 4,830 1,447 8,704 2,356 Ceded (4,350 ) (1,811 ) (8,524 ) (3,960 ) Net Losses and LAE $ 16,674 $ 13,541 $ 32,407 $ 26,240

Senior Debt (Tables)

Senior Debt (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Outstanding Senior Debt	A summary of the outstanding senior debt is as follows (dollars in thousands): June 30, 2017 December 31, 2016 Revolver $ 11,000 $ 10,500 Term Note 1,000 1,750 2014 Term Note 4,375 5,500 Total $ 16,375 $ 17,750

Other Comprehensive Income (L28

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in accumulated other comprehensive income (loss) for unrealized gains and losses on available-for-sale securities (dollars in thousands): Three Months Ended Six Months Ended 2017 2016 2017 2016 Balance at beginning of period $ (746 ) $ 1,724 $ (1,080 ) $ 182 Other comprehensive income (loss) before reclassifications 238 (308 ) 623 1,151 Less: amounts reclassified from accumulated other comprehensive income (loss) (1 ) (88 ) 50 (171 ) Net current period other comprehensive income (loss) 239 (220 ) 573 1,322 Balance at end of period $ (507 ) $ 1,504 $ (507 ) $ 1,504

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (dollars in thousands, except per share amounts): Three Months Ended Six Months Ended 2017 2016 2017 2016 Net income (loss) $ (1,067 ) $ (513 ) $ (2,866 ) $ (2,541 ) Weighted average common shares, basic and diluted* 7,633,069 7,594,862 7,633,069 7,616,821 Earnings (loss) per common share, basic and diluted $ (0.14 ) $ (0.07 ) $ (0.38 ) $ (0.33 ) * The 404,000 nonvested shares of the restricted stock units were anti-dilutive as of June 30, 2017 . Therefore, the basic and diluted weighted average common shares are equal for the three and six months ended June 30, 2017 .

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The following summarizes our restricted stock unit "RSU" activity (units in thousands): Number of Units Weighted Average Grant-Date Fair Value Outstanding at December 31, 2015 390 $ 10.48 Units granted — — Units vested — — Units forfeited — — Outstanding at June 30, 2016 390 $ 10.48 Units granted 111 8.17 Units vested (77 ) 10.48 Units forfeited (8 ) 9.95 Outstanding at December 31, 2016 416 $ 9.87 Units granted — — Units vested — — Units forfeited (12 ) 9.87 Outstanding at June 30, 2017 404 $ 9.87

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following tables present information by reportable operating segment (dollars in thousands): Three Months Ended June 30, 2017 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 21,106 $ 5,875 $ — $ 26,981 Net written premiums $ 18,916 $ 4,166 $ — $ 23,082 Net earned premiums $ 20,094 $ 4,403 $ — $ 24,497 Other income 158 169 45 372 Segment revenue 20,252 4,572 45 24,869 Losses and loss adjustment expenses, net 11,761 4,913 — 16,674 Policy acquisition costs 4,997 1,431 — 6,428 Operating expenses 2,437 589 1,344 4,370 Segment expenses 19,195 6,933 1,344 27,472 Segment underwriting gain (loss) $ 1,057 $ (2,361 ) $ (1,299 ) $ (2,603 ) Net investment income 663 663 Net realized investment gains (losses) — — Other gains 750 750 Interest expense $ (219 ) $ (219 ) Income (loss) before equity earnings of affiliates and income taxes $ (105 ) $ (1,409 ) Three Months Ended June 30, 2016 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 22,821 $ 6,904 $ — $ 29,725 Net written premiums $ 20,548 $ 5,628 $ — $ 26,176 Net earned premiums $ 16,484 $ 5,191 $ — $ 21,675 Other income 83 187 13 283 Segment revenue 16,567 5,378 13 21,958 Losses and loss adjustment expenses, net 9,344 4,197 — 13,541 Policy acquisition costs 4,366 1,648 — 6,014 Operating expenses 1,610 766 2,160 4,536 Segment expenses 15,320 6,611 2,160 24,091 Segment underwriting gain (loss) $ 1,247 $ (1,233 ) $ (2,147 ) $ (2,133 ) Net investment income 528 528 Net realized investment gains (losses) 541 541 Interest expense (143 ) (143 ) Income (loss) before equity earnings of affiliates and income taxes $ (1,221 ) $ (1,207 ) Six Months Ended June 30, 2017 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 42,750 $ 10,705 $ — $ 53,455 Net written premiums $ 38,395 $ 7,012 $ — $ 45,407 Net earned premiums $ 39,782 $ 8,855 $ — $ 48,637 Other income 323 320 83 726 Segment revenue 40,105 9,175 83 49,363 Losses and loss adjustment expenses, net 24,229 8,178 — 32,407 Policy acquisition costs 10,020 2,880 — 12,900 Operating expenses 4,909 1,159 2,832 8,900 Segment expenses 39,158 12,217 2,832 54,207 Segment underwriting gain (loss) $ 947 $ (3,042 ) $ (2,749 ) (4,844 ) Net investment income 1,240 1,240 Net realized investment gains (losses) (8 ) (8 ) Other Gains 750 750 Interest Expense $ (443 ) $ (443 ) Income (loss) before equity earnings of affiliates and income taxes $ (1,210 ) $ (3,305 ) Six Months Ended June 30, 2016 Commercial Lines Personal Lines Corporate & Other Total Gross written premiums $ 41,965 $ 13,153 $ — $ 55,118 Net written premiums $ 37,536 $ 10,690 $ — $ 48,226 Net earned premiums $ 31,763 $ 10,021 $ — $ 41,784 Other income 182 318 28 528 Segment revenue 31,945 10,339 28 42,312 Losses and loss adjustment expenses, net 17,980 8,260 — 26,240 Policy acquisition costs 8,752 3,265 — 12,017 Operating expenses 3,344 1,435 3,896 8,675 Segment expenses 30,076 12,960 3,896 46,932 Segment underwriting gain (loss) $ 1,869 $ (2,621 ) $ (3,868 ) (4,620 ) Net investment income 1,065 1,065 Net realized investment gains (losses) 533 533 Interest expense (300 ) (300 ) Income (loss) before equity earnings of affiliates and income taxes $ (2,570 ) $ (3,322 )

Summary of Significant Accoun32

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)state	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)class_businessstate	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Accounting Policies [Abstract]
Number of business classes | class_business			2
Number of states in which entity operates | state	50		50
Ownership percentage	50.00%		50.00%
Net unrealized gains on equity securities included in other comprehensive income (loss)	$ 238	$ (308)	$ 623	$ 1,151
Future minimum operating lease obligations					$ 5,200

Investments - Available-for-sal

Investments - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fixed Maturity Securities:
Fixed maturity securities, amortized cost	$ 116,418	$ 113,915
Fixed maturity securities, gross unrealized gain	716	474
Fixed maturity securities, gross unrealized loss	(858)	(1,226)
Fixed maturity securities, Estimated Fair Value	116,276	113,163
Equity Securities:
Equity securities, amortized cost	4,456	4,283
Equity securities, gross unrealized gain	659	366
Equity securities, gross unrealized loss	(146)	(70)
Equity securities, Estimated Fair Value	4,969	4,579
Securities, cost or amortized cost	120,874	118,198
Securities, gross unrealized gain	1,375	840
Securities, gross unrealized loss	(1,004)	(1,296)
Securities, Estimated Fair Value	121,245	117,742
U.S. Government obligations
Fixed Maturity Securities:
Fixed maturity securities, amortized cost	8,904	5,908
Fixed maturity securities, gross unrealized gain	32	31
Fixed maturity securities, gross unrealized loss	(43)	(36)
Fixed maturity securities, Estimated Fair Value	8,893	5,903
State and local government
Fixed Maturity Securities:
Fixed maturity securities, amortized cost	13,036	13,618
Fixed maturity securities, gross unrealized gain	243	106
Fixed maturity securities, gross unrealized loss	(74)	(205)
Fixed maturity securities, Estimated Fair Value	13,205	13,519
Corporate debt
Fixed Maturity Securities:
Fixed maturity securities, amortized cost	38,836	34,105
Fixed maturity securities, gross unrealized gain	283	205
Fixed maturity securities, gross unrealized loss	(167)	(254)
Fixed maturity securities, Estimated Fair Value	38,952	34,056
Commercial mortgage-backed and other asset-backed
Fixed Maturity Securities:
Fixed maturity securities, amortized cost	55,642	60,284
Fixed maturity securities, gross unrealized gain	158	132
Fixed maturity securities, gross unrealized loss	(574)	(731)
Fixed maturity securities, Estimated Fair Value	55,226	59,685
Common stocks - Public Utilities
Equity Securities:
Equity securities, amortized cost	103	159
Equity securities, gross unrealized gain	28	25
Equity securities, gross unrealized loss	0	(1)
Equity securities, Estimated Fair Value	131	183
Common stocks - Banks, Trusts and Insurance Companies
Equity Securities:
Equity securities, amortized cost	725	681
Equity securities, gross unrealized gain	96	85
Equity securities, gross unrealized loss	(9)	(9)
Equity securities, Estimated Fair Value	812	757
Common stocks - Industrial, miscellaneous and all other
Equity Securities:
Equity securities, amortized cost	3,628	3,443
Equity securities, gross unrealized gain	535	256
Equity securities, gross unrealized loss	(137)	(60)
Equity securities, Estimated Fair Value	$ 4,026	$ 3,639

Investments - Available-for-s34

Investments - Available-for-sale Securities in Unrealized Loss Positions (Details) $ in Thousands	Jun. 30, 2017USD ($)security	Dec. 31, 2016USD ($)security
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	115	201
Greater than 12 months, number of issues | security	9	15
Number of Issues | security	124	216
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 55,283	$ 62,307
Greater than 12 months, fair value	1,289	4,341
Fair Value	56,572	66,648
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(982)	(1,260)
Greater than 12 months, unrealized losses	(22)	(36)
Unrealized losses	$ (1,004)	$ (1,296)
Total fixed maturity securities available for sale
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	92	125
Greater than 12 months, number of issues | security	8	13
Number of Issues | security	100	138
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 54,062	$ 59,835
Greater than 12 months, fair value	1,255	4,275
Fair Value	55,317	64,110
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(845)	(1,199)
Greater than 12 months, unrealized losses	(13)	(27)
Unrealized losses	$ (858)	$ (1,226)
U.S. Government obligations
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	14	15
Greater than 12 months, number of issues | security	0	0
Number of Issues | security	14	15
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 6,743	$ 4,539
Greater than 12 months, fair value	0	0
Fair Value	6,743	4,539
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(43)	(36)
Greater than 12 months, unrealized losses	0	0
Unrealized losses	$ (43)	$ (36)
State and local government
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	14	29
Greater than 12 months, number of issues | security	1	1
Number of Issues | security	15	30
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 3,872	$ 8,217
Greater than 12 months, fair value	99	104
Fair Value	3,971	8,321
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(72)	(202)
Greater than 12 months, unrealized losses	(2)	(3)
Unrealized losses	$ (74)	$ (205)
Corporate debt
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	21	22
Greater than 12 months, number of issues | security	2	7
Number of Issues | security	23	29
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 10,604	$ 9,031
Greater than 12 months, fair value	766	3,369
Fair Value	11,370	12,400
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(158)	(239)
Greater than 12 months, unrealized losses	(9)	(15)
Unrealized losses	$ (167)	$ (254)
Commercial mortgage-backed and other asset-backed
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	43	59
Greater than 12 months, number of issues | security	5	5
Number of Issues | security	48	64
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 32,843	$ 38,048
Greater than 12 months, fair value	390	802
Fair Value	33,233	38,850
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(572)	(722)
Greater than 12 months, unrealized losses	(2)	(9)
Unrealized losses	$ (574)	$ (731)
Total equity securities available for sale
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	23	76
Greater than 12 months, number of issues | security	1	2
Number of Issues | security	24	78
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 1,221	$ 2,472
Greater than 12 months, fair value	34	66
Fair Value	1,255	2,538
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(137)	(61)
Greater than 12 months, unrealized losses	(9)	(9)
Unrealized losses	$ (146)	$ (70)
Common stocks
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Less than 12 months, number of issues | security	23	76
Greater than 12 months, number of issues | security	1	2
Number of Issues | security	24	78
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less than 12 months, fair value	$ 1,221	$ 2,472
Greater than 12 months, fair value	34	66
Fair Value	1,255	2,538
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Less than 12 months, unrealized losses	(137)	(61)
Greater than 12 months, unrealized losses	(9)	(9)
Unrealized losses	$ (146)	$ (70)

Investments - Net Investment In

Investments - Net Investment Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net Investment Income [Line Items]
Investment income	$ 737	$ 600	$ 1,374	$ 1,214
Investment expenses	(74)	(72)	(134)	(149)
Net investment income	663	528	1,240	1,065
Fixed maturity securities
Net Investment Income [Line Items]
Investment income	696	570	1,297	1,156
Equity securities
Net Investment Income [Line Items]
Investment income	25	25	50	51
Cash and short-term investments
Net Investment Income [Line Items]
Investment income	$ 16	$ 5	$ 27	$ 7

Investments - Gross Realized Ga

Investments - Gross Realized Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of Available-for-sale Securities [Line Items]
Net realized investment gains	$ 0	$ 541	$ (8)	$ 533
Fixed maturity securities
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	0	502	0	518
Gross realized losses	0	(16)	(7)	(22)
Net realized investment gains	0	486	(7)	496
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains	0	94	29	150
Gross realized losses	0	(39)	(30)	(113)
Net realized investment gains	$ 0	$ 55	$ (1)	$ 37

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Proceeds from sale of available for sale securities	$ 13.6	$ 32.9
Deposits held in trust accounts	8.2		$ 9.6
Deposits, held in trust for collateral requirements	$ 10.5		$ 10.3

Investments - Available-for-s38

Investments - Available-for-sale Fixed Maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Amortized Cost
Due in one year or less, amortized cost	$ 11,750
Due after one year through five years, amortized cost	30,438
Due after five years through ten years, amortized cost	11,389
Due after ten years, amortized cost	7,199
Securities with contractual maturities, amortized cost	60,776
Commercial mortgage and asset-backed, amortized cost	55,642
Fixed maturity securities, amortized cost	116,418	$ 113,915
Estimated Fair Value
Due in one year or less, fair value	11,760
Due after one year through five years, fair value	30,563
Due after five years through ten years, fair value	11,540
Due after ten years, fair value	7,187
Securities with contractual maturities, fair value	61,050
Commercial mortgage and asset-backed, fair value	55,226
Fixed maturity securities	$ 116,276	$ 113,163

Fair Value Measurements - Finan

Fair Value Measurements - Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Fixed maturity securities	$ 116,276	$ 113,163
Equity securities	4,969	4,579
Short-term investments	14,944	10,788
Total assets measured at fair value	136,189	128,530
Liabilities:
Total Liabilities measured at fair value	16,375	17,750
Senior debt
Liabilities:
Senior debt	16,375	17,750
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Short-term investments	14,944	10,788
Total assets measured at fair value	19,663	15,257
Liabilities:
Total Liabilities measured at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Senior debt
Liabilities:
Senior debt	0	0
Significant Other Observable Inputs (Level 2)
Assets:
Short-term investments	0	0
Total assets measured at fair value	116,526	113,273
Liabilities:
Total Liabilities measured at fair value	16,375	17,750
Significant Other Observable Inputs (Level 2) | Senior debt
Liabilities:
Senior debt	16,375	17,750
Significant Unobservable Inputs (Level 3)
Assets:
Short-term investments	0	0
Total assets measured at fair value		0
Liabilities:
Total Liabilities measured at fair value	0	0
Significant Unobservable Inputs (Level 3) | Senior debt
Liabilities:
Senior debt	0	0
U.S. Government obligations
Assets:
Fixed maturity securities	8,893	5,903
U.S. Government obligations | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Fixed maturity securities	0	0
U.S. Government obligations | Significant Other Observable Inputs (Level 2)
Assets:
Fixed maturity securities	8,893	5,903
U.S. Government obligations | Significant Unobservable Inputs (Level 3)
Assets:
Fixed maturity securities	0	0
State and local government
Assets:
Fixed maturity securities	13,205	13,519
State and local government | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Fixed maturity securities	0	0
State and local government | Significant Other Observable Inputs (Level 2)
Assets:
Fixed maturity securities	13,205	13,519
State and local government | Significant Unobservable Inputs (Level 3)
Assets:
Fixed maturity securities	0	0
Corporate debt
Assets:
Fixed maturity securities	38,952	34,056
Corporate debt | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Fixed maturity securities	0	0
Corporate debt | Significant Other Observable Inputs (Level 2)
Assets:
Fixed maturity securities	38,952	34,056
Corporate debt | Significant Unobservable Inputs (Level 3)
Assets:
Fixed maturity securities	0	0
Commercial mortgage-backed and other asset-backed
Assets:
Fixed maturity securities	55,226	59,685
Commercial mortgage-backed and other asset-backed | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Fixed maturity securities	0	0
Commercial mortgage-backed and other asset-backed | Significant Other Observable Inputs (Level 2)
Assets:
Fixed maturity securities	55,226	59,685
Commercial mortgage-backed and other asset-backed | Significant Unobservable Inputs (Level 3)
Assets:
Fixed maturity securities		0
Fixed maturity securities
Assets:
Fixed maturity securities	116,276	113,163
Fixed maturity securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Fixed maturity securities	0	0
Fixed maturity securities | Significant Other Observable Inputs (Level 2)
Assets:
Fixed maturity securities	116,276	113,163
Fixed maturity securities | Significant Unobservable Inputs (Level 3)
Assets:
Fixed maturity securities		0
Common stocks
Assets:
Equity securities	4,969	4,579
Common stocks | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Equity securities	4,719	4,469
Common stocks | Significant Other Observable Inputs (Level 2)
Assets:
Equity securities	250	110
Common stocks | Significant Unobservable Inputs (Level 3)
Assets:
Equity securities	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	Jun. 30, 2017
Level 1
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Investment portfolio percentage	14.40%
Level 2
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Investment portfolio percentage	85.60%

Deferred Policy Acquisition C41

Deferred Policy Acquisition Costs - Activity in Deferred Policy Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Balance at beginning of period	$ 12,956	$ 12,221	$ 13,290	$ 12,102
Deferred policy acquisition costs	6,121	6,975	12,259	13,097
Amortization of policy acquisition costs	(6,428)	(6,014)	(12,900)	(12,017)
Net change	(307)	961	(641)	1,080
Balance at end of period	$ 12,649	$ 13,182	$ 12,649	$ 13,182

Unpaid Losses and Loss Adjust42

Unpaid Losses and Loss Adjustment Expenses - Changes in the Liability for Unpaid Losses and Loss Adjustment Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Gross reserves - beginning of period	$ 62,135	$ 38,488	$ 54,651	$ 35,422
Less: reinsurance recoverables on unpaid losses	9,125	5,015	6,658	5,405
Net reserves - beginning of period	53,010	33,473	47,993	30,017
Add: incurred losses and LAE, net of reinsurance:
Current period	12,397	12,034	25,051	23,146
Prior period	4,277	1,507	7,356	3,094
Total net incurred losses and LAE	16,674	13,541	32,407	26,240
Deduct: loss and LAE payments, net of reinsurance:
Current period	5,313	5,793	7,216	7,792
Prior period	8,006	5,279	16,819	12,523
Total net loss and LAE payments	13,319	11,072	24,035	20,315
Net reserves - end of period	56,365	35,942	56,365	35,942
Plus: reinsurance recoverables on unpaid losses	10,552	5,890	10,552	5,890
Gross reserves - end of period	$ 66,917	$ 41,832	$ 66,917	$ 41,832

Unpaid Losses and Loss Adjust43

Unpaid Losses and Loss Adjustment Expenses - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Liability for Claims and Claims Adjustment Expense [Line Items]
Prior-year adverse (favorable) reserve development	$ 4,277	$ 1,507	$ 7,356	$ 3,094
Liability line of business
Liability for Claims and Claims Adjustment Expense [Line Items]
Prior-year adverse (favorable) reserve development	1,600		2,900
Florida homeowners line
Liability for Claims and Claims Adjustment Expense [Line Items]
Prior-year adverse (favorable) reserve development	1,300	695	1,700	1,500
Commercial property line
Liability for Claims and Claims Adjustment Expense [Line Items]
Prior-year adverse (favorable) reserve development	613		2,300
Personal automobile line
Liability for Claims and Claims Adjustment Expense [Line Items]
Prior-year adverse (favorable) reserve development	$ 245	$ 613	$ 329	$ 1,500

Reinsurance - Narrative (Detail

Reinsurance - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Maximum
Effects of Reinsurance [Line Items]
Amount retained (excess of)	$ 500,000	$ 500,000

Reinsurance - Effects of Reinsu

Reinsurance - Effects of Reinsurance and Assumption Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Written premiums:
Direct	$ 20,719	$ 22,533	$ 41,619	$ 44,133
Assumed	6,262	7,192	11,836	10,985
Ceded	(3,899)	(3,549)	(8,048)	(6,892)
Net written premiums	23,082	26,176	45,407	48,226
Earned premiums:
Direct	21,960	22,574	44,020	44,815
Assumed	6,378	2,684	12,582	3,989
Ceded	(3,841)	(3,583)	(7,965)	(7,020)
Net earned premiums	24,497	21,675	48,637	41,784
Losses and LAE:
Direct	16,194	13,905	32,227	27,844
Assumed	4,830	1,447	8,704	2,356
Ceded	(4,350)	(1,811)	(8,524)	(3,960)
Total net incurred losses and LAE	$ 16,674	$ 13,541	$ 32,407	$ 26,240

Senior Debt - Narrative (Detail

Senior Debt - Narrative (Details)	1 Months Ended
	Sep. 30, 2014USD ($)	Oct. 31, 2013USD ($)	Jun. 30, 2017USD ($)debt_instrument
Revolver
Debt Instrument [Line Items]
Remaining borrowing capacity			$ 6,500,000
Secured Debt
Debt Instrument [Line Items]
Number of debt instruments | debt_instrument			3
Secured Debt | Revolver
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 17,500,000
Term Note | Secured Debt
Debt Instrument [Line Items]
Face amount of debt instrument		$ 5,000,000
Term of debt instrument		5 years
2014 Term Note | Secured Debt
Debt Instrument [Line Items]
Face amount of debt instrument	$ 7,500,000
Term of debt instrument	5 years

Senior Debt - Outstanding Senio

Senior Debt - Outstanding Senior Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Debt	$ 16,375	$ 17,750
Revolver
Debt Instrument [Line Items]
Debt	11,000	10,500
Term Note
Debt Instrument [Line Items]
Debt	1,000	1,750
2014 Term Note
Debt Instrument [Line Items]
Debt	$ 4,375	$ 5,500

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($)	Feb. 25, 2016	Jun. 30, 2017	Jun. 30, 2016
Stock Repurchase Program, February 2016
Equity, Class of Treasury Stock [Line Items]
Authorized amount of stock repurchase program	$ 2,100,000
Stock repurchase program, period	1 year
Common stocks
Equity, Class of Treasury Stock [Line Items]
Stock repurchased and retired during period, shares		0	88,650
Stock repurchased and retired during period, value			$ 625,000

Other Comprehensive Income (L49

Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 67,794	$ 76,001	$ 77,262
Other comprehensive income (loss) before reclassifications	$ 238	$ (308)	623		1,151
Less: amounts reclassified from accumulated other comprehensive income (loss)	(1)	(88)	50		(171)
Other comprehensive income (loss)	239	(220)	573	(2,584)	1,322
Balance at end of period	65,967	76,001	65,967	67,794	76,001
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(746)	1,724	(1,080)	1,504	182
Other comprehensive income (loss)			573	(2,584)	1,322
Balance at end of period	$ (507)	$ 1,504	$ (507)	$ (1,080)	$ 1,504

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Income (Loss) Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income (loss)	$ (1,067)	$ (513)	$ (2,866)	$ (2,541)
Weighted average common shares outstanding, basic and diluted (in shares)	7,633,069	7,594,862	7,633,069	7,616,821
Earnings (loss) per per common share, basic and diluted (in dollars per share)	$ (0.14)	$ (0.07)	$ (0.38)	$ (0.33)
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)			404,000

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) - 2015 Omnibus Incentive Plan - Restricted Stock Units (RSUs) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted in period	0	0			111,000	111,281	390,352
Stock granted, value						$ 909	$ 4,100
Share-based compensation expense			$ 466	$ 409
Share-based compensation expense not yet recognized	$ 3,200		$ 3,200

Stock-based Compensation - RSU

Stock-based Compensation - RSU Activity (Details) - 2015 Omnibus Incentive Plan - Restricted Stock Units (RSUs) - $ / shares	3 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning period, outstanding (in shares)				390,000
Units granted (in shares)	0	0	111,000	111,281	390,352
Units vested (in shares)	0	0	(77,000)
Units forfeited (in shares)	(12,000)	0	(8,000)
Ending period, outstanding (in shares)	404,000	390,000	416,000	416,000	390,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning period, outstanding (in dollars per share)				$ 10.48
Units granted (in dollars per share)	$ 0	$ 0	$ 8.17
Units vested (in dollars per share)	0	0	10.48
Units forfeited (in dollars per share)	9.87	0	9.95
Ending period, outstanding (in dollars per share)	$ 9.87	$ 10.48	$ 9.87	$ 9.87	$ 10.48

Segment Information - Narrative

Segment Information - Narrative (Details) - class_business	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Number of business classes	2
Gross Written Premiums | Geographic Concentration Risk | Florida, Michigan, Pennsylvania and Texas
Segment Reporting Information [Line Items]
Concentration risk	62.00%	70.00%

Segment Information - Informati

Segment Information - Information by Reportable Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Gross written premiums	$ 26,981	$ 29,725	$ 53,455	$ 55,118
Net written premiums	23,082	26,176	45,407	48,226
Net earned premiums	24,497	21,675	48,637	41,784
Other income	372	283	726	528
Segment revenue	24,869	21,958	49,363	42,312
Losses and loss adjustment expenses, net	16,674	13,541	32,407	26,240
Policy acquisition costs	6,428	6,014	12,900	12,017
Operating expenses	4,370	4,536	8,900	8,675
Segment expenses	27,472	24,091	54,207	46,932
Segment underwriting gain (loss)	(2,603)	(2,133)	(4,844)	(4,620)
Net investment income	663	528	1,240	1,065
Net realized investment gains (losses)	0	541	(8)	533
Other gains	750	0	750	0
Interest expense	(219)	(143)	(443)	(300)
Income (loss) before equity earnings of affiliates and income taxes	(1,409)	(1,207)	(3,305)	(3,322)
Operating Segments | Commercial Lines
Segment Reporting Information [Line Items]
Gross written premiums	21,106	22,821	42,750	41,965
Net written premiums	18,916	20,548	38,395	37,536
Net earned premiums	20,094	16,484	39,782	31,763
Other income	158	83	323	182
Segment revenue	20,252	16,567	40,105	31,945
Losses and loss adjustment expenses, net	11,761	9,344	24,229	17,980
Policy acquisition costs	4,997	4,366	10,020	8,752
Operating expenses	2,437	1,610	4,909	3,344
Segment expenses	19,195	15,320	39,158	30,076
Segment underwriting gain (loss)	1,057	1,247	947	1,869
Operating Segments | Personal Lines
Segment Reporting Information [Line Items]
Gross written premiums	5,875	6,904	10,705	13,153
Net written premiums	4,166	5,628	7,012	10,690
Net earned premiums	4,403	5,191	8,855	10,021
Other income	169	187	320	318
Segment revenue	4,572	5,378	9,175	10,339
Losses and loss adjustment expenses, net	4,913	4,197	8,178	8,260
Policy acquisition costs	1,431	1,648	2,880	3,265
Operating expenses	589	766	1,159	1,435
Segment expenses	6,933	6,611	12,217	12,960
Segment underwriting gain (loss)	(2,361)	(1,233)	(3,042)	(2,621)
Corporate & Other
Segment Reporting Information [Line Items]
Gross written premiums	0	0	0	0
Net written premiums	0	0	0	0
Net earned premiums	0	0	0	0
Other income	45	13	83	28
Segment revenue	45	13	83	28
Losses and loss adjustment expenses, net	0	0	0	0
Policy acquisition costs	0	0	0	0
Operating expenses	1,344	2,160	2,832	3,896
Segment expenses	1,344	2,160	2,832	3,896
Segment underwriting gain (loss)	(1,299)	(2,147)	(2,749)	(3,868)
Net investment income	663	528	1,240	1,065
Net realized investment gains (losses)	0	541	(8)	533
Other gains	750		750
Interest expense	(219)	(143)	(443)	(300)
Income (loss) before equity earnings of affiliates and income taxes	$ (105)	$ (1,221)	$ (1,210)	$ (2,570)