Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Information [Abstract]

Financial Data by Segment

Financial data by segment is as follows:

		2025
		Investments				Commercial Lines				Personal Lines				Total
		(in thousands)
Revenues:
Net premiums earned		$	—			$	555,873			$	365,311			$	921,184
Net investment income			52,627				—				—				52,627
Investment gains			619				—				—				619
Total segment revenues			53,246				555,873				365,311				974,430
Other															3,584
Total revenues														$	978,014
Segment expenses:
Net losses and loss expenses			—				345,493				218,878				564,371
Other underwriting expenses			—				202,697				102,583				305,280
Policyholder dividends			—				3,011				—				3,011
Total segment expenses			—				551,201				321,461				872,662
SAP underwriting income			—				4,672				43,850				48,522
GAAP adjustments															(5,849	)
GAAP underwriting income															42,673
Net investment income															52,627
Investment gains															619
Other															1,674
Income before income tax expense														$	97,593

		2024
		Investments				Commercial Lines				Personal Lines				Total
		(in thousands)
Revenues:
Net premiums earned		$	—			$	539,683			$	396,968			$	936,651
Net investment income			44,918				—				—				44,918
Investment gains			4,981				—				—				4,981
Total segment revenues			49,899				539,683				396,968				986,550
Other															3,055
Total revenues														$	989,605
Segment expenses:
Net losses and loss expenses			—				336,353				271,918				608,271
Other underwriting expenses			—				193,431				119,311				312,742
Policyholder dividends			—				4,073				—				4,073
Total segment expenses			—				533,857				391,229				925,086
SAP underwriting income			—				5,826				5,739				11,565
GAAP adjustments															1,331
GAAP underwriting income															12,896
Net investment income															44,918
Investment gains															4,981
Other															(456	)
Income before income tax expense														$	62,339

		2023
		Investments				Commercial Lines				Personal Lines				Total
		(in thousands)
Revenues:
Net premiums earned		$	—			$	533,029			$	349,042			$	882,071
Net investment income			40,853				—				—				40,853
Investment losses			3,173				—				—				3,173
Total segment revenues			44,026				533,029				349,042				926,097
Other															1,241
Total revenues														$	927,338
Segment expenses:
Net losses and loss expenses			—				346,177				265,894				612,071
Other underwriting expenses			—				188,537				118,266				306,803
Policyholder dividends			—				5,313				—				5,313
Total segment expenses			—				540,027				384,160				924,187
SAP underwriting loss			—				(6,998	)			(35,118	)			(42,116	)
GAAP adjustments															3,735
GAAP underwriting loss															(38,381	)
Net investment income															40,853
Investment gains															3,173
Other															(582	)
Income before income tax expense														$	5,063