v3.26.1
Reinsurance - Schedule of Reinsurance Impacts on Net Premiums Written and Earned (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Ceded Credit Risk [Line Items]    
Direct premiums written $ 341,321 $ 252,504
Assumed premiums written 80,408  
Ceded premiums written [1] (39,981) (22,254)
Total net premiums written 381,748 230,250
Direct premiums earned 377,889 261,911
Assumed premiums earned 94,498  
Ceded premiums earned [1] (69,859) (27,867)
Total net premiums earned 402,528 [2] 234,044
Ceding commissions earned 12,953 7,035
Ceded losses 15,375 4,259
Mortgage    
Ceded Credit Risk [Line Items]    
Direct premiums written 259,777 252,504
Ceded premiums written [1] (26,512) (22,254)
Total net premiums written 233,265 230,250
Direct premiums earned 268,902 261,911
Ceded premiums earned [1] (30,725) (27,867)
Total net premiums earned 238,177 234,044
Ceding commissions earned [3] 8,361 7,035
Ceded losses 6,074 $ 4,259
Specialty    
Ceded Credit Risk [Line Items]    
Direct premiums written [4] 81,544  
Assumed premiums written [4] 80,408  
Ceded premiums written [4] (13,469)  
Total net premiums written [4] 148,483  
Direct premiums earned [4] 108,987  
Assumed premiums earned [4] 94,498  
Ceded premiums earned [4] (39,134)  
Total net premiums earned [4] 164,351  
Ceding commissions earned [5],[6] 4,592  
Ceded losses [6] $ 9,301  
[1] Net of profit commission, which is impacted by the level of ceded losses recoverable, if any, on reinsurance transactions. See Note 11 for additional information on our reserve for losses and reinsurance recoverables.
[2] Includes Inigo results for the two-month period from the Closing Date of the acquisition through March 31, 2026.
[3] For the Mortgage segment, ceding commissions primarily relate to reimbursement of operating expenses and are reported primarily in other operating expenses in our condensed consolidated statements of operations. Deferred ceding commissions are included in other liabilities our condensed consolidated balance sheets.
[4] Includes Inigo results from the Closing Date of the acquisition through March 31, 2026.
[5] For the Specialty segment, ceding commissions primarily relate to reimbursement of acquisition costs and are reported in amortization of deferred policy acquisition costs in our condensed consolidated statements of operations. Deferred ceding commissions are included in other assets on our condensed consolidated balance sheets.
[6] Includes Inigo results from the Closing Date of the acquisition through March 31, 2026.