v3.26.1
Historical Loss And LAE Development (Tables)
6 Months Ended
Jun. 30, 2026
Historical Loss And L A E Development Disclosure [Abstract]  
Schedule of Reconciliation of Unpaid Losses and Settlement Expenses (LAE)

For the Six Months

Ended June 30,

(in thousands)

 

2026

 

2025

Unpaid losses and LAE at beginning of year

Gross

$

2,886,819

$

2,693,470

Ceded

(746,798)

(755,425)

Net

$

2,140,021

$

1,938,045

Increase (decrease) in incurred losses and LAE

Current accident year

$

458,391

$

420,433

Prior accident years

(75,252)

(58,617)

Total incurred

$

383,139

$

361,816

Loss and LAE payments for claims incurred

Current accident year

$

(38,884)

$

(35,903)

Prior accident years

(265,552)

(218,788)

Total paid

$

(304,436)

$

(254,691)

Net unpaid losses and LAE at June 30,

$

2,218,724

$

2,045,170

Unpaid losses and LAE at June 30,

Gross

$

2,937,211

$

2,806,889

Ceded

(718,487)

(761,719)

Net

$

2,218,724

$

2,045,170