Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of segment reporting information, by segment

The operating results of the personal property and casualty insurance reportable segment is presented in the following table below:


	Three Months Ended March 31,
	2025		2024
Total revenue	$	151.2	$	119.1
less: Loss and loss adjustment expenses, net	85.4		65.9
Other insurance expense	26.1		17.3
Sales and marketing	5.1		10.6
Advertising expenses	38.1		19.8
Technology development	22.0		20.9
General and administrative	28.1		24.2
Interest expense	3.3		0.6
Depreciation and amortization	4.5		5.0

Income tax expense	1.0		2.1
Segment / Consolidated Net Loss	$	(62.4)	$	(47.3)

Schedule of gross written premium by state

The Company has a single reportable segment and offers insurance coverage under the homeowners multi-peril, inland marine, general liability and private passenger auto lines of business. Gross written premium includes direct and assumed premium related to car insurance policies written in Texas, in connection with our fronting arrangement with a third party carrier in Texas. Gross written premium by jurisdiction are as follows ($ in millions):


	Three Months Ended March 31,
		2025	2024
Jurisdiction			Amount		% of GWP		Amount		% of GWP
California			$	60.4	23.8	%	$	55.3	26.9	%
Texas			32.5		12.8	%	30.0		14.6	%
New York			25.9		10.2	%	21.0		10.2	%
Washington			13.0		5.1	%	8.0		3.9	%
New Jersey			11.7		4.6	%	9.7		4.7	%
Illinois			11.6		4.6	%	9.7		4.7	%
Pennsylvania			7.0		2.8	%	5.1		2.5	%
Colorado			6.8		2.7	%	5.9		2.9	%
Georgia			6.5		2.6	%	5.6		2.7	%
Florida			6.3		2.5	%	3.1		1.5	%
All other			63.1		24.6	%	49.1		23.9	%
US			$	244.8	96.3	%	$	202.5	98.5	%
Europe and UK			9.4		3.7	%	3.1		1.5	%
Total			$	254.2	100.0	%	$	205.6	100.0	%