Reinsurance (Tables)

3 Months Ended

Mar. 31, 2025

Reinsurance Disclosures [Abstract]

Schedule of Effects of Reinsurance

The effects of reinsurance on premiums written and earned are as follows:


		Three Months Ended March 31,
		2025								2024
		Written				Earned				Written				Earned
Direct premiums		$	180,925			$	166,771			$	147,452			$	156,928
Assumed Premiums			31,225				43,385				—				—
Gross Premiums			212,150				210,156				147,452				156,928
Ceded premiums			(58,754	)			(144,754	)			(40,987	)			(117,645	)

Net premiums		$	153,396			$	65,402			$	106,465			$	39,283

The Company’s reinsurance arrangements affected certain items in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2025 and 2024 by the following amounts:


		Three Months Ended March 31,
		2025				2024
Ceded premiums earned		$	(144,754	)		$	(117,645	)
Ceded losses and loss adjustment expenses incurred			20,862				20,365
Ceded policy acquisition expenses			38,693				26,865