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Deferred Policy Acquisition Costs
12 Months Ended
Dec. 31, 2025
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs
7)
DEFERRED POLICY ACQUISITION COSTS

We anticipate that all remaining deferred policy acquisition costs will be fully recoverable in the near term. The table below depicts the activity with regard to deferred policy acquisition costs:

 

 

2025

 

 

2024

 

Balance at January 1

 

$

40,282

 

 

$

21,149

 

Policy acquisition costs deferred

 

 

128,106

 

 

 

135,636

 

Amortization

 

 

(134,622

)

 

 

(126,707

)

Unearned ceding commission

 

 

4,049

 

 

 

10,204

 

Balance at December 31

 

$

37,815

 

 

$

40,282