Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Major Classes of Intangible Assets

Our major classes of intangible assets are presented in the following table:

	Year Ended December 31,
	2024		2023
Agency relationships, cost	$	10,338	$	10,338
Accumulated amortization	(9,617)		(9,040)
Agency relationships, carrying value	$	721	$	1,298
Trade names, cost	$	1,978	$	1,978
Accumulated amortization	(1,813)		(1,681)
Trade names, carrying value	$	165	$	297
State insurance licenses(1)	$	3,020	$	3,020
Net intangible assets	$	3,906	$	4,615

(1) The intangible asset for licenses has an indefinite life and therefore is not amortized.

Summary of Estimated Useful Lives of Amortizable Intangible Assets

The estimated useful lives assigned to our major classes of amortizable intangible assets are as follows:

	Useful Life
Agency relationships	Fifteen years
Trade names	Fifteen years

Summary of Estimated Aggregate Amortization Expense

Our estimated aggregate amortization expense for each of the next five years is as follows:

2025	$	709
2026	177
2027	–
2028	–
2029	–