CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Investments
Fixed maturities available-for-sale, at fair value (amortized cost: $645.4 million and $673.5 million as of September 30, 2023 and December 31, 2022, respectively)	$ 633.4	$ 650.3
Short-term investments (cost: $73.4 million and $99.9 million as of September 30, 2023 and December 31, 2022, respectively)	73.4	99.8
Total investments	706.8	750.1
Cash, cash equivalents and restricted cash	238.1	286.5
Premium receivable, net of allowance for credit losses of $2.5 million and $2.7 million as of September 30, 2023 and December 31, 2022, respectively	223.2	179.6
Reinsurance recoverable	144.6	156.8
Prepaid reinsurance premium	197.6	164.5
Deferred acquisition costs	8.1	6.9
Property and equipment, net	17.4	19.6
Intangible assets	25.2	32.5
Goodwill	19.0	19.0
Other assets	67.6	75.2
Total assets	1,647.6	1,690.7
Liabilities and Stockholders' Equity
Unpaid loss and loss adjustment expense	255.1	256.2
Unearned premium	355.6	288.0
Trade payables	2.7	1.1
Funds held for reinsurance treaties	131.1	136.0
Deferred ceding commission	39.1	39.7
Ceded premium payable	36.3	18.4
Borrowings under financing agreement	7.7	0.0
Other liabilities and accrued expenses	93.1	84.5
Total liabilities	920.7	823.9
Commitments and Contingencies (Note 16)
Stockholders' equity
Common stock, $0.00001 par value, 200,000,000 shares authorized; 69,909,356 and 69,275,030 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	0.0	0.0
Additional paid-in capital	1,800.2	1,754.1
Accumulated deficit	(1,054.2)	(859.7)
Accumulated other comprehensive loss	(19.1)	(27.6)
Total stockholders' equity	726.9	866.8
Total liabilities and stockholders' equity	$ 1,647.6	$ 1,690.7