v3.25.2
Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill
There were no changes in the carrying amount of goodwill during the three and six months ended June 30, 2025 and 2024. No accumulated goodwill impairment losses existed at June 30, 2025 and December 31, 2024. Goodwill is reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three and six months ended June 30, 2025 and 2024. All of the Company's goodwill is associated with the Property
and Casualty business segment. See Note 13. Segment Information for additional information on the reportable business segment.
Other Intangible Assets
The following table presents the components of other intangible assets:
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Useful Lives
 (Amounts in thousands)(in years)
As of June 30, 2025:
Customer relationships$55,107 $(54,065)$1,042 10
Trade names15,400 (10,588)4,812 24
Technology4,300 (4,300)— 10
Insurance license1,400 — 1,400 Indefinite
Total other intangible assets, net$76,207 $(68,953)$7,254 
As of December 31, 2024:
Customer relationships$55,107 $(53,958)$1,149 10
Trade names15,400 (10,267)5,133 24
Technology4,300 (4,300)— 10
Insurance license1,400 — 1,400 Indefinite
Total other intangible assets, net$76,207 $(68,525)$7,682 

Other intangible assets are reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three and six months ended June 30, 2025 and 2024.

Other intangible assets with definite useful lives are amortized on a straight-line basis over their useful lives. Amortization expense for other intangible assets was $0.2 million for each of the three-month periods ended June 30, 2025 and 2024, and $0.4 million for each of the six-month periods ended June 30, 2025 and 2024.

The following table presents the estimated future amortization expense related to other intangible assets as of June 30, 2025:
YearAmortization Expense
 (Amounts in thousands)
Remainder of 2025$428 
2026856 
2027856 
2028856 
2029811 
Thereafter2,047 
Total$5,854