{"schema_version":"secwatch.filing_event.v1","accession":"0001620459-23-000124","form_type":"8-K","ticker":"JRVR","cik":"0001620459","company_name":"James River Group Holdings, Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.813471+00:00","generated_at":"2026-06-08T09:36:05.611124+00:00","sec_items":["2.02","4.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"James River restates Q1/Q2 2023 financials due to reinsurance premium error; Q3 net income $16.9M","bullets":["Error in reinstatement premium accounting overstated net income by $7.8M (Q1) and $10.4M (H1 2023).","Material weakness in internal control over financial reporting; disclosure controls ineffective in Q1/Q2.","Q3 net income $16.9M ($0.45 diluted) vs net loss $7.2M in Q3 2022; adjusted net operating income $18.3M.","E&S segment combined ratio 88.4%; net investment income up 52% YoY; new business submissions +8.4%.","Dividend declared $0.05/share, payable Dec 29, 2023 to holders of record Dec 11, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001620459-23-000124","json":"https://secwatch.observer/filing/0001620459-23-000124.json","markdown":"https://secwatch.observer/filing/0001620459-23-000124.md","text":"https://secwatch.observer/filing/0001620459-23-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000124/0001620459-23-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000124/jrvr-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T09:36:05.611124+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":[{"claim_id":"a2667989a1f2415815ba06252918fe196e87289f","claim":"James River Group Holdings, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"on November 7, 2023, the Audit Committee of the Board of Directors of the Company, after considering the recommendation of management and discussion with its independent registered public accounting firm, Ernst & Young LLP (\"EY\"), concluded that the Prior Financial Statements included in the Original Filing should no longer be relied upon solely as a result of the above-described error in the accounting for the Reinstatement Premium and will require restatement.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000124/0001620459-23-000124-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Ernst & Young LLP"}],"fact_type":"auditor_change"},{"claim_id":"39dd00cef64cb85952b56acf2c792d38f088c397","claim":"James River Group Holdings, Inc. reported the quarter ended September 30, 2023 results: net income $16.9 million ($0.45 per diluted share), EPS $0.45 per diluted share.","evidence_excerpt":"James River Group Holdings, Ltd. (\"James River\" or the \"Company\") (NASDAQ: JRVR) today reported third quarter 2023 net income available to common shareholders of $16.9 million ($0.45 per diluted share)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620459/000162045923000124/0001620459-23-000124-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Net income","value":"$16.9 million ($0.45 per diluted share)"},{"label":"EPS","value":"$0.45 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}