v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Investments Measured at Fair Value By Level
The following table presents the Company’s investments measured at fair value by level:
As of June 30, 2026Level 1Level 2Level 3Total
($ in thousands)
Fixed maturity securities
U.S. government and government agency$31,050 $17,573 $— $48,623 
State and municipal— 170,653 — 170,653 
Commercial mortgage-backed securities— 171,479 — 171,479 
Residential mortgage-backed securities— 329,470 — 329,470 
Asset-backed securities— 213,594 — 213,594 
Corporate— 651,398 — 651,398 
Total investments
$31,050 $1,554,167 $— $1,585,217 
As of December 31, 2025Level 1Level 2Level 3Total
($ in thousands)
Fixed maturity securities
U.S. government and government agency$80,368 $— $— $80,368 
State and municipal— 129,278 — 129,278 
Commercial mortgage-backed securities— 171,322 — 171,322 
Residential mortgage-backed securities— 318,561 — 318,561 
Asset-backed securities— 169,004 — 169,004 
Corporate— 502,473 — 502,473 
Total investments
$80,368 $1,290,638 $— $1,371,006