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Basis of Presentation and Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Deferred Policy Acquisition Costs Asset by Segment
The Company's DAC by reporting segment was as follows:
($ in millions)December 31,
20252024
Property & Casualty$40.0 $34.4 
Life & Retirement303.7 301.4 
Supplemental & Group Benefits14.5 11.4 
Total$358.2 $347.2 
Schedule of Property and Equipment The following amounts are included in Other assets in the Consolidated Balance Sheets:
($ in millions)December 31,
20252024
Property and equipment$147.7 $143.1 
Less: accumulated depreciation76.9 69.7 
Total$70.8 $73.4 
Schedule of FHLB Funding Agreements
As of December 31, 2025, scheduled maturity dates for outstanding FHLB funding agreements were as follows:
($ in millions)
AmountInterest RateMaturity Date
25.0 4.3%January 13, 2027
120.0 4.0%December 11, 2026
10.0 4.2%November 20, 2026
125.0 4.0%September 11, 2026
25.0 3.9%September 09, 2026
10.0 4.2%August 26, 2026
5.0 4.2%August 26, 2026
40.0 4.2%August 05, 2026
10.0 4.2%August 05, 2026
10.0 4.2%August 05, 2026
12.5 4.0%June 26, 2026
10.0 4.2%May 20, 2026
50.0 4.2%May 20, 2026
20.0 4.3%April 22, 2026
25.0 3.9%April 01, 2026
10.0 3.9%April 01, 2026
30.0 4.1 %February 27, 2026
10.0 4.1 %February 27, 2026
50.0 4.2 %February 13, 2026
10.0 4.2 %February 13, 2026
10.0 4.2 %February 13, 2026
50.0 4.1%February 06, 2026
31.0 4.1%February 06, 2026
200.0 4.1%January 16, 2026
6.0 4.2%January 09, 2026
135.0 4.2%January 09, 2026
Total$1,039.5 
Schedule of Stock Options Fair Value Pricing Model Weighted-Average Assumptions The fair value of stock options granted was estimated on the respective dates of grant using the Black-Scholes option pricing model with the weighted average assumptions shown in the following table.
Year Ended December 31,
202520242023
Number of stock options granted110,416 230,240 209,028 
Weighted average grant date fair value of stock options granted$10.12 $8.12 $8.50 
Weighted average assumptions:
Risk-free interest rate4.0%4.0%4.1%
Expected dividend yield3.5%3.9%3.6%
Expected life, in years5.65.65.3
Expected volatility (based on historical volatility)30.9%30.7%30.9%
Schedule of Contributions to Qualified Defined Contribution Plan, 401(k), Non-Qualified Defined Contribution Plan and Total Assets of the Plans
For the qualified plans, all assets are held in their respective plan trusts. The assets and projected benefit obligation at the end of the year are as follows:
($ in millions)Year Ended December 31,
20252024
401(k) plan assets
$299.4 $265.8 
Defined benefit plan assets
— 13.0 
Projected benefit obligation
— 14.6 
Schedule of Computations of Net Income Per Share on both Basic and Diluted Bases, Including Reconciliations of the Numerators and Denominators
The computations of net income (loss) per share on both basic and diluted bases, including reconciliations of the numerators and denominators, were as follows:
($ in millions)Year Ended December 31,
202520242023
Basic:
Net income for the period
$162.1 $102.8 $45.0 
Weighted average number of common shares
during the period (in millions)
41.2 41.3 41.3 
Net income per share - basic
$3.93 $2.49 $1.09 
Diluted:
Net income for the period
$162.1 $102.8 $45.0 
Weighted average number of common shares
during the period (in millions)
41.2 41.3 41.3 
Weighted average number of common equivalent shares to reflect the
dilutive effect of common stock equivalent securities (in millions):
Stock options0.1 — — 
CSUs related to deferred compensation for employees— — — 
RSUs related to incentive compensation0.3 0.2 0.1 
Total common and common equivalent shares adjusted
to calculate diluted earnings per share (in millions)
41.6 41.5 41.4 
Net income per share - diluted
$3.90 $2.48 $1.09