v3.26.1
Income Taxes - Tax Effects of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Income Tax Disclosure [Abstract]    
Share-based payments $ 0.8 $ 0.0
Operating loss carryforwards 150.7 181.1
Capital loss carryforwards 17.9 17.8
Insurance reserves: Losses and loss adjustment expenses 99.1 111.2
Unrealized losses on investments 0.0 7.4
Accrued expenses 11.0 11.3
Foreign tax credit carryforwards 20.2 22.0
Unearned premiums 34.9 34.5
Intangible assets 74.0 82.7
Office properties and equipment 15.4 14.7
Operating lease liability 14.3 15.0
Other temporary differences 4.2 8.1
Total deferred tax assets 442.5 505.8
Less valuation allowance (49.2) (64.0)
Deferred tax assets, net of valuation allowance 393.3 441.8
Unrealized gains on investments 1.4 0.0
Intangible assets (0.6) (0.2)
Deferred acquisition costs (34.0) (31.0)
Operating lease assets (9.9) (10.4)
Deferred Tax Liabilities, GAAP differences (3.8) 0.0
Other temporary differences (5.1) (3.4)
Total deferred tax (liabilities) (54.8) (45.0)
Deferred tax assets, net $ 338.5 $ 396.8