{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-106075","form_type":"8-K","ticker":"GNE","cik":"0001528356","company_name":"Genie Energy Ltd.","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.701373+00:00","generated_at":"2026-05-29T07:14:33.470529+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Genie Energy updates insurance initiative; expects $40M premiums to captive subsidiary, $31M loss reserve charge","bullets":["Secured insurance broker licenses in seven states; began offering third-party products through existing sales channels.","Q4 2024 expects to pay captive subsidiary ~$40M in premiums for expanded insurance coverage addressing various risks.","Expects non-recurring, non-cash charge of ~$31M as insurance loss reserve; will not impact Adjusted EBITDA.","$40M premiums remain on consolidated balance sheet as restricted cash, available for investment by the Captive.","Cash and equivalents, restricted cash, and marketable equity securities totaled $191.7M as of September 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-106075","json":"https://secwatch.observer/filing/0001213900-24-106075.json","markdown":"https://secwatch.observer/filing/0001213900-24-106075.md","text":"https://secwatch.observer/filing/0001213900-24-106075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1528356/000121390024106075/0001213900-24-106075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1528356/000121390024106075/ea0223857-8k_genie.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T07:14:33.470529+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}