v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Preferred Stock and Additional Paid-in Capital
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated deficit)
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2023 $ 1,297.5 $ 137.1 $ 1,056.6 $ 51.1 $ 0.9 $ 51.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 25.6       25.6  
Other comprehensive income (loss) - change in fair value of fixed maturities, net of taxes (15.9)         (15.9)
Other comprehensive income (loss), net of tax (0.1)         (0.1)
Dividends on Series A Preferred stock (2.6)       (2.6)  
Issuance of common stock 100.0   100.0      
Ending Balance at Mar. 31, 2024 1,404.5 137.1 1,156.6 51.1 23.9 35.8
Beginning Balance at Dec. 31, 2024 1,603.5 137.1 0.0 1,592.4 (157.7) 31.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 30.2       30.2  
Other comprehensive income (loss) - change in fair value of fixed maturities, net of taxes 7.2         7.2
Other comprehensive income (loss), net of tax 0.1         0.1
Dividends on Series A Preferred stock (2.6)       (2.6)  
Ending Balance at Mar. 31, 2025 $ 1,638.4 $ 137.1 $ 0.0 $ 1,592.4 $ (130.1) $ 39.0