v3.25.2
Related-Party Transactions - Schedule of Reinsurance Agreement (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Related Party Transaction [Line Items]          
Earned premium $ 177,785 $ 157,612 $ 347,140 $ 309,231  
Ceding commission, net 82,938 73,446 160,271 144,376  
Losses and loss adjustment expenses 75,213 64,729 146,343 127,085  
Total operating expenses 321,000 275,158 614,865 534,642  
Premiums receivable 249,830   249,830   $ 153,748
Commissions receivable 27,362   27,362   20,430
Deferred acquisition costs, net 178,430   178,430   156,466
Other current assets 116,047   116,047   90,779
TOTAL ASSETS 2,040,575   2,040,575   1,709,338
Losses payable and provision for unpaid losses and loss adjustment expenses 259,050   259,050   266,878
Ceding commissions payable 113,080   113,080   77,389
Unearned premiums 410,496   410,496   357,539
TOTAL LIABILITIES 1,379,724   1,379,724   1,101,169
Markel | Reinsurance Agreement | Affiliated Entity          
Related Party Transaction [Line Items]          
Earned premium 182,913 162,536 357,974 318,656  
Ceding commission, net 84,868 75,033 164,335 147,396  
Losses and loss adjustment expenses 74,598 64,266 154,509 129,421  
Total operating expenses 159,466 139,299 318,844 276,817  
Premiums receivable 236,368   236,368   150,436
Commissions receivable 1,777   1,777   489
Deferred acquisition costs, net 180,745   180,745   160,360
Other current assets 4,947   4,947   2,926
TOTAL ASSETS 423,837   423,837   314,211
Accounts payable, accrued expenses and other current liabilities 3,214   3,214   806
Losses payable and provision for unpaid losses and loss adjustment expenses 244,779   244,779   254,422
Ceding commissions payable 107,428   107,428   76,001
Unearned premiums 393,676   393,676   347,501
TOTAL LIABILITIES 749,097   749,097   678,730
State Farm | Reinsurance Agreement | Affiliated Entity          
Related Party Transaction [Line Items]          
Earned premium 4,735 4,069 9,191 8,022  
Ceding commission, net 2,463 2,117 4,780 4,172  
Losses and loss adjustment expenses 1,420 813 7,507 3,604  
Total operating expenses 3,883 $ 2,930 12,287 $ 7,776  
Commissions receivable 5,502   5,502   2,095
Deferred acquisition costs, net (5,171)   (5,171)   (4,448)
Other current assets 20,562   20,562   14,758
TOTAL ASSETS 20,893   20,893   12,405
Accounts payable, accrued expenses and other current liabilities 10,582   10,582   4,028
TOTAL LIABILITIES $ 10,582   $ 10,582   $ 4,028