v3.26.1
Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net premiums earned $ 2,024.4 $ 1,926.7 $ 3,937.7 $ 3,709.6
Title, escrow, and other fees 73.3 67.9 132.2 126.1
Total premiums and fees 2,097.8 1,994.6 4,070.0 3,835.7
Net investment income 182.0 171.5 360.1 342.2
Other income 51.4 49.6 98.8 96.8
Total operating revenues 2,331.3 2,215.8 4,528.9 4,274.9
Net investment gains (losses):        
Realized from actual transactions and impairments 38.1 (2.4) 123.5 34.9
Equity Securities, FV-NI, Unrealized Gain (Loss) 134.2 (4.9) 250.7 12.7
Total realized and unrealized investment gains (losses) 172.4 (7.3) 374.3 47.7
Total revenues 2,503.8 2,208.5 4,903.3 4,322.6
Expenses:        
Loss and loss adjustment expenses [1] 892.4 826.5 1,728.0 1,598.6
Dividends to policyholders [1] 4.3 4.1 9.0 9.7
Underwriting, acquisition, and other expenses [1] 1,170.2 1,099.9 2,298.2 2,110.7
Interest and other charges 26.5 17.6 44.3 35.5
Total expenses 2,093.6 1,948.3 4,079.6 3,754.6
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 410.2 260.1 823.6 567.9
Income Taxes (Credits):        
Current 24.4 55.1 87.2 100.6
Deferred 61.3 (3.4) 82.4 12.6
Total income taxes 85.7 51.7 169.6 113.3
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 324.4 208.4 653.9 454.5
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest 2.0 3.9 1.5 5.0
Total net income $ 322.3 $ 204.4 $ 652.4 $ 449.5
Net Income Per Share:        
Net income (loss) per share: Basic (in dollars per share) $ 1.34 $ 0.83 $ 2.70 $ 1.84
Net income (loss) per share: Diluted (in dollars per share) $ 1.31 $ 0.81 $ 2.63 $ 1.79
Average shares outstanding: Basic (in shares) [2] 239,833,084 244,801,566 241,413,617 244,343,845
Weighted Average Number of Shares Outstanding, Diluted, Total [2] 246,265,986 251,075,011 247,887,413 250,456,276
[1]
(b)    The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. There are no other segment expenses that are part of reported segment profit or loss amounts that are not included in one of the above categories.
[2]
(a) In calculating earnings per share, accounting standards require that common shares owned by the ORI 401(k) Savings and Profit Sharing Plan that are unallocated to participants in the plan be excluded from the calculation. Such shares are issued and outstanding, and have the same voting and other rights applicable to all other common shares.