Goodwill and Intangible Assets (Tables)
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12 Months Ended |
Dec. 31, 2024 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Goodwill |
The following tables set forth the carrying amount and changes in the balance of goodwill by reporting unit at December 31, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Accident and Health | | Surety | | Industry Solutions | | Other | | Total | Goodwill | | | | | | | | | | | Gross balance at December 31, 2023 | | $ | 91,577 | | | $ | 6,781 | | | $ | 10,204 | | | $ | 3,879 | | | $ | 112,441 | | Accumulated impairment at December 31, 2023 | | (44,821) | | | — | | | — | | | (1,886) | | | (46,707) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net balance at December 31, 2024 | | $ | 46,756 | | | $ | 6,781 | | | $ | 10,204 | | | $ | 1,993 | | | $ | 65,734 | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Accident and Health | | Surety | | Industry Solutions | | Other | | Total | Goodwill | | | | | | | | | | | Gross balance at December 31, 2022 | | $ | 91,577 | | | $ | 6,781 | | | $ | 10,204 | | | $ | 3,879 | | | $ | 112,441 | | Accumulated impairment at December 31, 2022 | | (44,821) | | | — | | | — | | | (1,886) | | | (46,707) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net balance at December 31, 2023 | | $ | 46,756 | | | $ | 6,781 | | | $ | 10,204 | | | $ | 1,993 | | | $ | 65,734 | | | | | | | | | | | | |
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Schedule of Intangible Assets and Goodwill |
The following tables set forth the carrying amount and changes in the balance of other intangible assets at December 31, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Agent Relationships | | Non-competes | | Trademarks | | Licenses | | Total | Other Intangible Assets | | | | | | | | | | | Gross balance at December 31, 2023 | | $ | 24,491 | | | $ | 1,117 | | | $ | 999 | | | $ | 14,019 | | | $ | 40,626 | | Accumulated amortization at December 31, 2023 | | (16,808) | | | (1,117) | | | — | | | — | | | (17,925) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortization | | (1,087) | | | — | | | — | | | — | | | (1,087) | | Net balance at December 31, 2024 | | $ | 6,596 | | | $ | — | | | $ | 999 | | | $ | 14,019 | | | $ | 21,614 | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in thousands) | | Agent Relationships | | Non-competes | | Trademarks | | Licenses | | Total | Other Intangible Assets | | | | | | | | | | | Gross balance at December 31, 2022 | | $ | 24,441 | | | $ | 1,117 | | | $ | 999 | | | $ | 14,019 | | | $ | 40,576 | | Accumulated amortization at December 31, 2022 | | (15,547) | | | (893) | | | — | | | — | | | (16,440) | | Additions | | 50 | | | — | | | — | | | — | | | 50 | | | | | | | | | | | | | | | | | | | | | | | | Amortization | | (1,261) | | | (224) | | | — | | | — | | | (1,485) | | Net balance at December 31, 2023 | | $ | 7,683 | | | $ | — | | | $ | 999 | | | $ | 14,019 | | | $ | 22,701 | | | | | | | | | | | | |
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Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The following table sets forth the estimated future net amortization expense of intangible assets: | | | | | | | | | ($ in thousands) | | | Years Ending December 31, | | Amount | 2025 | | $ | 1,016 | | 2026 | | 553 | | 2027 | | 553 | | 2028 | | 553 | | 2029 | | 553 | | | | |
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