v3.25.2
Underwriting, Acquisition and Insurance Expenses
 6 Months Ended
Jun. 30, 2025
Underwriting, Acquisition and Insurance Expenses [Abstract]  
Underwriting, acquisition and insurance expenses Underwriting, Acquisition and Insurance Expenses
Underwriting, acquisition and insurance expenses for the three and six months ended June 30, 2025 and 2024 consist of the following:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(in thousands)
Underwriting, acquisition and insurance expenses incurred:
Direct commissions$70,855 $62,764 $138,932 $121,130 
Ceding commissions(31,128)(29,359)(63,525)(56,186)
Other underwriting expenses41,870 38,663 81,102 72,877 
Total$81,597 $72,068 $156,509 $137,821 
Other underwriting expenses within underwriting, acquisition and insurance expenses include salaries, bonus and employee benefits expenses of $32.5 million and $26.0 million for the three months ended June 30, 2025 and 2024, respectively and $61.7 million and $50.7 million for the six months ended June 30, 2025 and 2024, respectively.