Liabilities for Losses and Loss Expenses (Tables)

6 Months Ended

Jun. 30, 2026

Liabilities for Losses and Loss Expenses [Abstract]

Summary of Insurance Subsidiaries' Liabilities for Losses and Loss Expenses

We summarize activity in our insurance subsidiaries’ liabilities for losses and loss expenses as follows:

		Six Months Ended June 30,
		2026				2025
		(in thousands)
Balance at January 1		$	1,100,050			$	1,120,985
Less reinsurance recoverable			(394,854	)			(416,621	)
Net balance at January 1			705,196				704,364
Incurred related to:
Current year			288,115				296,423
Prior years			(13,560	)			(13,473	)
Total incurred			274,555				282,950
Paid related to:
Current year			113,241				121,284
Prior years			146,055				156,569
Total paid			259,296				277,853
Net balance at end of period			720,455				709,461
Plus reinsurance recoverable			408,680				407,549
Balance at end of period		$	1,129,135			$	1,117,010