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Debt
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Debt Debt
Consolidated debt of Old Republic and its subsidiaries is summarized below:
December 31:20232022
Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
4.875% issued in 2014 and due 2024$399.5 $397.0 $399.0 $397.5 
3.875% issued in 2016 and due 2026548.5 530.4 547.9 522.1 
3.850% issued in 2021 and due 2051643.1 472.7 642.9 449.1 
Other miscellaneous debt— — 7.1 7.1 
Total debt$1,591.2 $1,400.3 $1,597.0 $1,375.9 

On September 23, 2014, the Company completed a public offering of $400.0 aggregate principal amount of Senior Notes. The notes bear interest at a rate of 4.875% per year and mature on October 1, 2024.

On August 26, 2016, the Company completed a public offering of $550.0 aggregate principal amount of Senior Notes. The notes bear interest at a rate of 3.875% per year and mature on August 26, 2026.

On June 11, 2021, the Company completed a public offering of $650.0 aggregate principal amount of Senior Notes. The notes bear interest at a rate of 3.850% per year and mature on June 11, 2051.

During 2023, 2022 and 2021, $67.2, $67.3, and $55.9, respectively, of interest expense on debt was charged to consolidated operations.

Fair Value Measurements - The Company utilizes indicative market prices, which incorporate recent actual market transactions and current bid/ask quotations to estimate the fair value of outstanding debt classified within Level 2 of the fair value hierarchy as presented below. The Company uses an internally generated interest yield
market matrix table, which incorporates maturity, coupon rate, credit quality, structure, and current market conditions to estimate the fair value of its debt securities that are classified within Level 3.

The following table shows a summary of financial liabilities disclosed, but not carried, at fair value, segregated among the various input levels as described in Note 3:
As of December 31:20232022
Carrying Value
$1,591.2 $1,597.0 
Fair Value
1,400.3 1,375.9 
Level 1
— — 
Level 2
1,400.3 1,368.7 
Level 3
$— $7.1