| Statements of Cash Flows Supplemental cash flow information was as follows:
| | | | | | | | | | | | | | | | | | Six Months ended
June 30, | | ($ in thousands) | | 2026 | | 2025 | | Cash paid (received) during the period for: | | | | | | Interest | | $ | 26,013 | | | 14,278 | | | Federal income tax | | 81,000 | | | 83,269 | | | | | | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | Operating cash flows from operating leases | | 5,221 | | | 5,053 | | | Operating cash flows from financing leases | | 74 | | | 139 | | | Financing cash flows from finance leases | | 1,337 | | | 1,403 | | | | | | | | Non-cash items: | | | | | | | | | | Corporate actions related to fixed income securities, available-for-sale ("AFS")1 | | 20,879 | | | 39,742 | | | | | | | | | | | | | Conversion of AFS fixed income securities to equity securities | | — | | | 736 | | Conversion of commercial mortgage loan ("CML") to alternative investment | | — | | | 3,300 | | | | | | | | Assets acquired under operating lease arrangements | | 265 | | | 2,062 | | | Non-cash purchase of property and equipment | | 18 | | | 13 | |
1Examples of corporate actions include like-kind exchanges, non-cash acquisitions, and stock splits.
The following table provides a reconciliation of cash and restricted cash reported within the Consolidated Balance Sheets to the amount reported in the Consolidated Statements of Cash Flows:
| | | | | | | | | | | | | | | | ($ in thousands) | | June 30, 2026 | | December 31, 2025 | | Cash | | $ | 557 | | | 346 | | | Restricted cash | | 10,370 | | | 17,612 | | | Total cash and restricted cash shown in the Consolidated Statements of Cash Flows | | $ | 10,927 | | | 17,958 | |
Amounts in restricted cash represent cash received from the National Flood Insurance Program ("NFIP") that can only be used to pay flood claims under the Write Your Own program.
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