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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2023
Credit Loss [Abstract]  
Premium Receivable, Allowance for Credit Loss
The following table represents the balances of premiums receivable, net of allowance for estimated uncollectible premiums, including expected lifetime credit losses, as of December 31, 2023, 2022 and 2021, and the changes in the allowance for the period November 16, 2023 through December 31, 2023 (Successor), January 1, 2023 through November 15, 2023 (Predecessor), and for the years ended December 31, 2022 and 2021.
Predecessor
(in millions)Premiums Receivable, Net of Allowance for Estimated Uncollectible PremiumsAllowance for Estimated Uncollectible Premiums
Balance, December 31, 2021$648.6 $5.7 
Current period change for estimated uncollectible premiums0.2 
Write-offs of uncollectible premiums receivable(1.2)
Balance, December 31, 2022$292.0 $4.7 
Current period change for estimated uncollectible premiums5.4 
Write-offs of uncollectible premiums receivable(2.7)
Balance, November 15, 2023
$306.8 $7.4 
Successor
Balance, November 16, 2023$306.8 $— 
Current period change for estimated uncollectible premiums3.3 
Write-offs of uncollectible premiums receivable(0.3)
Balance, December 31, 2023$230.7 $3.0 
Reinsurance Recoverable, Allowance for Credit Loss
Reinsurance Recoverables
The following table presents the balances of reinsurance recoverables, net of the allowance for estimated uncollectible reinsurance, including expected credit losses, at December 31, 2023, 2022 and 2021, and changes in the allowance for the period November 16, 2023 through December 31, 2023 (Successor), January 1, 2023 through November 15, 2023 (Predecessor), and for the years ended December 31, 2022 and 2021.
Predecessor
(in millions) Reinsurance Recoverables, Net of Allowance for Estimated Uncollectible ReinsuranceAllowance for Estimated Uncollectible Reinsurance
Balance, December 31, 2021$2,966.4 $3.8 
Current period change for estimated uncollectible reinsurance1.7 
 Reclassified to assets held-for-sale(0.8)
Balance, December 31, 2022$3,029.1 $4.7 
Balance, November 15, 2023
$2,981.6 $4.7 
Successor
Balance, December 31, 2023$2,959.3 $—