Disaggregation of Relevant Expense Captions (Tables)

6 Months Ended

Jun. 30, 2026

Disaggregation Of Relevant Expense Captions [Abstract]

Schedule of Other Operating Cost and Expense, by Component

The Company presents its expenses in four major captions: loss and loss adjustment expenses, policy acquisition costs, general and administrative expenses and interest expense. The Company has presented the disaggregation of its general and administrative expenses below for the three and six months ended June 30, 2026 and 2025.


	Three Months Ended June 30,								Six Months Ended June 30,
	2026				2025				2026				2025
General and Administrative Expenses
Employee compensation(1)	$	5,101			$	1,934			$	10,315			$	4,758
Association fees		902				932				2,068				2,017
Professional services		793				735				1,766				1,659
Software & equipment costs		719				874				1,563				1,832
Intangible asset amortization		610				610				1,220				1,219
Liability insurance		377				371				763				746
Audit fees		361				241				631				662
Depreciation and amortization		140				1,081				392				2,193
Operating lease expense		108				108				214				225
Legal fees		46				141				140				376
Provision for (reversal of) expected credit losses		3				(43	)			9				(57	)
Other general and administrative(2)		1,106				794				1,888				1,654
Total general and administrative expenses	$	10,266			$	7,778			$	20,969			$	17,284

(1) For the three and six months ended June 30, 2025, employee compensation includes $2.9 million and $4.5 million, respectively, in one-time employee retention tax credit refunds.

(2) For the three and six months ended June 30, 2026 and 2025, other general and administrative expenses were comprised primarily of regulatory fees, director fees, and franchise fees.