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Unpaid Losses and Loss Adjustment Reserve
 6 Months Ended
Jun. 30, 2026
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]  
Unpaid Losses and Loss Adjustment Reserve
Note 13. Unpaid Losses and Loss Adjustment Reserve
The following table summarizes the changes in the reserve balances for unpaid losses and LAE, gross of reinsurance, for the six months ended June 30, 2026:
Reserve for unpaid losses and LAE at December 31, 2025$49,159
Plus: Reinsurance recoverables on losses and LAE at December 31, 2025(8,424)
Reserve for unpaid losses and LAE reserve, net of reinsurance recoverables at December 31, 202540,735
Add provisions (reductions) for losses and LAE occurring in:
Current year62,688
Prior years1,393
Net incurred losses and LAE during the current year64,081
Deduct payments for losses and LAE occurring in:
Current year(30,180)
Prior years(20,045)
Net claim and LAE payments during the current year (50,225)
Reserve for losses and LAE, net of reinsurance recoverables at June 30, 202654,591
Less: Reinsurance recoverables on losses and LAE at June 30, 2026(6,517)
Reserve for unpaid losses and LAE at June 30, 2026$61,108

As a result of additional information on claims occurring in prior years becoming available to management, changes in estimates of provisions of losses and loss adjustment expenses were made resulting in an increase of $1.4 million for the six months ended June 30, 2026.