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Financial Services, Insurance (Tables)
 12 Months Ended
Dec. 31, 2025
Insurance [Abstract]  
Premium Receivable, Allowance for Credit Loss
Below is a rollforward of the premium receivable allowance for credit losses as of December 31, 2025 and 2024:
Year Ended December 31,202520242023
Beginning balance$142 $69 $— 
Current period provision358 73 69 
Write-offs of the allowance— — — 
Recoveries of previously written-off amounts— — — 
Ending balance$500 $142 $69 
Effect of Reinsurance on Premiums Written and Earned
The effect of reinsurance on premiums written and earned was as follows:
Year Ended
December 31,		DirectAssumed
Ceded
Net
Premiums
2025:
Written$329,089 $31,360 $286,551 $73,898 
Earned325,493 30,225 288,486 67,232 
2024:
Written$334,311 $48,459 $294,088 $88,682 
Earned298,121 57,081 256,197 99,005 
2023:
Written$233,702 $39,585 $193,462 $79,825 
Earned185,470 18,354 151,913 51,911 
Summary of Loss Reserve Roll-Forward, Net of Subrogation Recoverable and Reinsurance
Below is the loss and loss reserve expense roll-forward, recoverable and reinsurance, for the affected periods.
Year Ended December 31,202520242023
Beginning gross loss and loss adjustment expense reserves$349,062 $197,089 $89,907 
Reinsurance recoverable270,081 156,301 80,155 
Beginning balance of net loss and loss adjustment expense reserves78,981 40,788 9,752 
Losses and loss expenses incurred:
Current year42,242 67,937 36,569 
Prior years4,951 4,689 143 
Total (1)
47,193 72,626 36,712 
Loss and loss adjustment expenses (recovered) paid:
Current year9,939 16,202 3,798 
Prior years31,967 18,231 1,878 
Total41,906 34,433 5,676 
Ending net loss and loss adjustment expense reserves84,268 78,981 40,788 
Reinsurance recoverable (2)
375,722 270,081 156,301 
Ending gross loss and loss adjustment expense reserves$459,990 $349,062 $197,089 
(1)Total losses and loss expenses (benefit) is net of $(214,987), $(191,151) and $(113,622) for the years ended December 31, 2025, 2024 and 2023, respectively, related to ceded reinsurance.
(2)Represents reinsurance recoverable on future loss and loss adjustment expenses. Additionally, the Balance Sheet line "Reinsurance recoverable on paid and unpaid losses" includes reinsurance recoverables of $60,470, $36,210 and $8,765 as of December 31, 2025, 2024 and 2023, respectively, related to previously paid loss and loss adjustment expenses.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]
Premium Receivables, including Credit Impairments
Premium receivables at December 31, 2025 and 2024, were $75,085 and $57,222, respectively. Management evaluates premium receivables for expected credit losses ("credit impairment") in accordance with the CECL standard, which is further described in Note 2. Basis of Presentation and Significant Accounting Policies.
Short-Duration Insurance Contracts, Schedule of Historical Claims Duration
The claim development tables that follow present, by accident year, incurred and cumulative paid claims and allocated claim adjustment expense on a historical basis. This claim development information is presented on an undiscounted, net of reinsurance basis since 2021, Everspan's entry into the Specialty P&C business. The claim development tables also provide the historical average annual percentage payout of incurred claims by age, net of reinsurance, as supplementary information (identified as unaudited in the tables below). The historical average annual percentage payout for incurred claims is subject to variability due to the impact of both large claim activity and subrogation recoveries, among other items.
Commercial Auto
Incurred Claims and Allocated LAE, Net of Reinsurance
Accident YearYear ended December 31,IBNR Reserves at December 31, 2025Cumulative Number of Reported Claims
20212022202320242025
Unaudited
2021$432 $468 $978 $962 $1,212 $88 82
20228,225 7,866 9,099 9,832 1,292 1,162
202319,459 23,309 25,345 4,279 3,282
202415,217 14,851 4,027 3,243
20254,783 2,972 1,564
Total$56,024 
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
Accident YearYear ended December 31,Liability for Loss and Loss Adjustment Expenses, Net of Reinsurance
202120222023202420252021 -Before
Unaudited20252021
2021$7 $45 $150 $681 $1,013 
2022555 2,325 4,701 6,450 
20233,914 10,984 17,056 
20243,554 7,885 
2025557 
Total$32,962 $23,062 $— 
Total net liability$23,062 
Average Annual Percentage Payout of Incurred Claims by Age,
Net of Reinsurance
Unaudited
Years12345
11.4 %19.6 %19.0 %30.8 %27.4 %
Excess Liability
Incurred Claims and Allocated LAE, Net of Reinsurance
Accident YearYear ended December 31,IBNR Reserves at December 31, 2025Cumulative Number of Reported Claims
20212022202320242025
Unaudited
2021$3 $3 $13 $15 $16 2 2 
2022146 129 161 149 58 4 
20231,579 1,573 1,344 1,162 76 
2024$5,285 7,373 4,106 95 
202510,519 10,098 41 
Total$19,400 
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
Accident YearYear ended December 31,Liability for Loss and Loss Adjustment Expenses, Net of Reinsurance
202120222023202420252021 -Before
Unaudited20252021
2021$— $— $— $— $— 
2022— 1 104 104 
20236 258 158 
2024101 2,079 
2025162 
Total$2,503 $16,897 $— 
Total net liability$16,897 
Average Annual Percentage Payout of Incurred Claims by Age,
Net of Reinsurance
Unaudited
Years12345
0.7 %11.6 %20.6 %— %— %
General Liability
Incurred Claims and Allocated LAE, Net of Reinsurance
Accident YearYear ended December 31,IBNR Reserves at December 31, 2025Cumulative Number of Reported Claims
20212022202320242025
Unaudited
2021$— $— $— $— $— — — 
2022223 217 425 374 109 4 
20232,019 1,328 1,784 886 26 
2024$6,915 6,955 5,205 194 
20255,311 3,996 45 
Total$14,423 
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
Accident YearYear ended December 31,Liability for Loss and Loss Adjustment Expenses, Net of Reinsurance
202120222023202420252021 -Before
Unaudited20252021
2021$— $— $— $— $— 
2022— 1 265 266 
202324 57 791 
202460 780 
202515 
Total$1,852 $12,572 $— 
Total net liability$12,572 
Average Annual Percentage Payout of Incurred Claims by Age,
Net of Reinsurance
Unaudited
Years12345
0.6 %4.2 %55.9 %0.3 %— %
Workers Compensation
Incurred Claims and Allocated LAE, Net of Reinsurance
Accident YearYear ended December 31,IBNR Reserves at December 31, 2025Cumulative Number of Reported Claims
20212022202320242025
Unaudited
2021$— $— $— $— $— $— — 
2022— — — — — — 
20236,053 6,056 7,362 2,675 2,384
202416,486 15,146 5,150 4,889
2025$16,752 404 4,252
Total$39,260 
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
Accident YearYear ended December 31,Liability for Loss and Loss Adjustment Expenses, Net of Reinsurance
202120222023202420252021 -Before
Unaudited20252021
2021$— $— $— $— $— 
2022— — — — 
2023807 3,938 6,230 
20244,139 10,692 
20254,541 
Total$21,463 $17,798 $— 
Total net liability$17,798 
Average Annual Percentage Payout of Incurred Claims by Age,
Net of Reinsurance
Unaudited
Years12345
21.8 %42.9 %31.1 %— %— %
Other (1)
Incurred Claims and Allocated LAE, Net of Reinsurance
Accident YearYear Ended December 31,IBNR Reserves at December 31, 2025Cumulative Number of Reported Claims
20212022202320242025
Unaudited
2021$— $— $— $— $— $— — 
20221 1 3 1 1 788 
20236,142 5,907 5,884 2,441 18,743 
202423,475 24,292 1,513 57,524 
20253,652 1,595 2,307 
Total$33,829 
Cumulative Paid Claims and Allocated LAE, Net of Reinsurance
Accident YearYear Ended December 31,Liability for Loss and Loss Adjustment Expenses, Net of Reinsurance
202120222023202420252021 -Before
Unaudited20252021
2021$— $— $— $— $— 
2022— — — — 
2023966 4,342 5,522 
202410,802 19,489 
2025430 
Total$25,441 $8,388 $— 
Total net liability$8,388 
Average Annual Percentage Payout of Incurred Claims by Age,
Net of Reinsurance
Unaudited
Years12345
18.2 %31.1 %10.1 %— %— %
(1) Other includes non-standard personal auto, professional liability, business owners products, travel and surety
Reinsurance Recoverable, Credit Quality Indicator The following table sets forth our five most significant reinsurers by amount of reinsurance recoverables as of December 31, 2025.
Reinsurers
Rating
 (1)
Reinsurance
Recoverable
(2)
Unsecured
Recoverable
(3)
General Reinsurance CompanyA++$124,602 $100,165 
Munich Reinsurance CompanyA+57,036 55,196 
QBE Insurance CorporationA19,791 19,791 
Everest Reinsurance CompanyA+17,524 17,932 
Swiss Reinsurance America CorporationA+15,507 14,657 
All other reinsurers
201,632 104,054 
Total recoverables
$436,092 $311,795 
(1)Represents financial strength ratings from AM Best.
(2)Represents reinsurance recoverables on paid and unpaid losses. Unsecured amounts from QBE Insurance Corporation is also supported by an unlimited, uncapped indemnity from Enstar Holdings (US).
(3)Reinsurance recoverables reduced by ceded premiums payables due to reinsurers, letters of credit, and collateral posted for the benefit of Everspan.