v3.26.1
Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [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 months ended March 31, 2026 and 2025. No accumulated goodwill impairment losses existed at March 31, 2026 and December 31, 2025. Goodwill is reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three months ended March 31, 2026 and 2025. 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 March 31, 2026:
Customer relationships$55,107 $(54,225)$882 10
Trade names15,400 (11,069)4,331 24
Technology4,300 (4,300)— 10
Insurance license1,400 — 1,400 Indefinite
Total other intangible assets, net$76,207 $(69,594)$6,613 
As of December 31, 2025:
Customer relationships$55,107 $(54,172)$935 10
Trade names15,400 (10,908)4,492 24
Technology4,300 (4,300)— 10
Insurance license1,400 — 1,400 Indefinite
Total other intangible assets, net$76,207 $(69,380)$6,827 

Other intangible assets are reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three months ended March 31, 2026 and 2025.

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 March 31, 2026 and 2025.

The following table presents the estimated future amortization expense related to other intangible assets as of March 31, 2026:
YearAmortization Expense
 (Amounts in thousands)
Remainder of 2026$642 
2027856 
2028856 
2029811 
2030765 
Thereafter1,283 
Total$5,213