Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Disaggregation of Significant Segment Expenses

The table below presents a disaggregation of significant segment expenses as monitored by our CODM:

Significant segment expenses
Table	15.1
		Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)		2025		2024		2025		2024
Other underwriting and operating expenses net:
Employee costs		$	36,408	$	38,908	$	109,719	$	121,111
Outside services (1)		8,784		8,133		25,308		25,576
Premium taxes (2)		5,318		5,266		15,965		15,864
Depreciation expense		668		903		2,552		3,187
All other underwriting and operating (3)		(3,398)		(2,243)		(4,004)		(3,078)
Total other underwriting and operating expenses net		$	47,780	$	50,967	$	149,540	$	162,660

(1)Outside services expense generally includes expenses related to outsourced IT services and consulting services.

(2)Premium taxes are taxes paid to states and municipalities based upon the amount of premiums written.

(3)All other underwriting and operating expenses include ceding commissions (a reduction to our underwriting expenses, see Note 4 - "Reinsurance"), computer hardware and software expenses, legal, audit, insurance, and general and administrative expenses.