v3.26.1
Segment Reporting (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
level3FinancialInstruments
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
Segment Reporting [Line Items]          
Number of Reportable Segments | level3FinancialInstruments     2    
Revenues $ 82,995 $ 54,957 $ 187,165 $ 117,713  
Policyholder Benefits and Claims Incurred, Net 13,346 10,978 33,025 21,474  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (11,671) (22,974) (15,015) (38,081)  
Provision (benefit) for income taxes from continuing operations 485 (2,172) 4 (2,789)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (12,156) (20,802)      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest     (15,019) (35,292)  
Interest Expense, Operating 2,774 5,570 4,864 11,024  
Premiums Earned, Net 21,749 16,203 41,750 31,881  
Net Investment Income 1,877 2,609 4,232 5,424  
Other Operating Income (Expense), Net 435 (2,146) 1,065 (3,270)  
Intangible Asset, Finite-Lived, Amortization Expense 11,609 9,301 23,256 18,064  
Interest Expense, Operating and Nonoperating     4,864    
Total assets 2,280,857 8,522,386 2,280,857 8,522,386 $ 2,223,317
Premiums Written, Net 23,142 15,207 55,592 33,211  
Derivative, Gain (Loss) on Derivative, Net 298 680 (220) 1,107  
Insurance Commissions and Fees 49,728 30,322 117,906 67,093  
Other Cost and Expense, Operating       11,024  
Insurance Commissions 8,508 7,403 22,513 17,768  
Depreciation 655 440 1,222 853  
Depreciation, Depletion and Amortization 12,264 9,741 24,478 18,917  
Interest 2,774 5,570 4,864 11,024  
Benefits, Losses and Expenses 94,666 77,931 202,180 155,794  
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (2,273) 254 (6,261) (1,400)  
Net income attributable to common shareholders (12,156) (72,953) (15,019) (117,690)  
Realized Investment Gains (Losses) 63 2 66 (1)  
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset 3,293 3,497 6,937 7,149  
Deferred Policy Acquisition Costs, Amortization Expense 6,359 3,699 12,730 7,540  
Corporate costs reallocated to continuing operations   2,502 0 5,265  
Labor and Related Expense 34,256 22,782 71,300 45,669  
Non Compensation Expense 17,159 17,759 33,270 33,402  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (14,429) (20,548) (21,280) (36,692)  
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 (52,151) 0 (82,398)  
Net Income (Loss) Available to Common Stockholders, Basic (14,429) (72,699) (21,280) (119,090)  
Disposal Group, Including Discontinued Operation, Assets   6,636,855   6,636,855  
EBITDA 3,367 (7,663) 14,327 (8,140)  
Other Comprehensive Income Loss Net Of Tax Portion Attributable to Noncontrolling Interest, Adjusted EBITDA (5,104) (2,185) (12,454) (7,205)  
OCTAVE EBITDA (1,737) (9,848) 1,873 (15,345)  
Fee Income 5,913 4,472 15,275 9,436  
Continuing Operations          
Segment Reporting [Line Items]          
Total assets   1,885,531   1,885,531  
Insurance Distribution          
Segment Reporting [Line Items]          
Revenues 58,418 33,041 136,944 74,039  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (846) (10,173) 15,939 (12,416)  
Provision (benefit) for income taxes from continuing operations 479 (2,181) 111 (2,681)  
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (1,325) (7,992) 15,828 (9,735)  
Interest Expense, Operating 2,774 5,570 4,864 11,024  
Net Investment Income 399 340 707 716  
Other Operating Income (Expense), Net 320 (2,093) 998 (3,206)  
Intangible Asset, Finite-Lived, Amortization Expense 11,609 9,301 23,256 18,064  
Interest Expense, Operating and Nonoperating     4,864    
Total assets 1,274,440 975,843 1,274,440 975,843  
Insurance Commissions and Fees 51,786 30,322 119,964 67,093  
Other Cost and Expense, Operating   5,570   11,024  
Insurance Commissions 10,130 7,403 24,135 17,768  
Depreciation 350 0 645 109  
Depreciation, Depletion and Amortization 11,959 9,301 23,901 18,173  
Interest 2,774        
Benefits, Losses and Expenses 59,264 43,214 121,005 86,455  
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest (2,386) 254 (6,374) (1,400)  
Labor and Related Expense 24,539 14,455 49,522 27,988  
Non Compensation Expense 9,862 6,485 18,583 11,502  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (3,711) (7,738) 9,454 (11,135)  
EBITDA 13,887 4,698 44,704 16,781  
Other Comprehensive Income Loss Net Of Tax Portion Attributable to Noncontrolling Interest, Adjusted EBITDA (5,217) (2,185) (12,567) (7,205)  
OCTAVE EBITDA 8,670 2,513 32,137 9,576  
Fee Income 5,913 4,472 15,275 9,436  
Specialty Property And Casualty Insurance          
Segment Reporting [Line Items]          
Revenues 26,403 21,390 51,702 42,561  
Policyholder Benefits and Claims Incurred, Net 13,346 10,978 33,025 21,474  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,244 620 (7,038) 2,122  
Provision (benefit) for income taxes from continuing operations 125 192 (467) 270  
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,119 428 (6,571) 1,852  
Premiums Earned, Net 21,749 16,203 41,750 31,881  
Net Investment Income 1,298 1,748 2,947 3,590  
Other Operating Income (Expense), Net 63 (58) 68 (59)  
Total assets 955,681 847,647 955,681 847,647  
Benefits, Losses and Expenses 25,159 20,770 58,740 40,439  
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset 3,293 3,497 6,937 7,149  
Deferred Policy Acquisition Costs, Amortization Expense 6,482 3,699 12,853 7,540  
Labor and Related Expense 2,694 2,605 7,992 6,116  
Non Compensation Expense 2,636 3,488 4,870 5,309  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 1,119 428 (6,571) 1,852  
EBITDA 1,244 620 (7,038) 2,122  
OCTAVE EBITDA 1,244 620 (7,038) 2,122  
Corporate Segment          
Segment Reporting [Line Items]          
Revenues 232 526 577 1,113  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (11,756) (13,423) (23,603) (27,788)  
Provision (benefit) for income taxes from continuing operations (119) (183) 360 (378)  
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (11,637) (13,240) (23,963) (27,410)  
Net Investment Income 180 521 578 1,118  
Other Operating Income (Expense), Net 52 5 (1) (5)  
Total assets 56,259 62,041 56,259 62,041  
Depreciation 305 440 577 744  
Depreciation, Depletion and Amortization 305 440 577 745  
Benefits, Losses and Expenses 11,988 13,949 24,180 28,901  
Labor and Related Expense 7,023 5,722 13,786 11,566  
Non Compensation Expense 4,661 7,787 9,817 16,590  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (11,637) (13,240) (23,963) (27,410)  
EBITDA (11,451) (12,983) (23,026) (27,044)  
OCTAVE EBITDA (11,451) $ (12,983) (23,026) $ (27,044)  
Eliminations          
Segment Reporting [Line Items]          
Revenues (2,058)   (2,058)    
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (313)   (313)    
Provision (benefit) for income taxes from continuing operations 0   0    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (313)   (313)    
Total assets (5,523)   (5,523)    
Insurance Commissions and Fees (2,058)   (2,058)    
Insurance Commissions (1,622)   (1,622)    
Benefits, Losses and Expenses (1,745)   (1,745)    
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 113   113    
Deferred Policy Acquisition Costs, Amortization Expense (123)   (123)    
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (200)   (200)    
EBITDA (313)   (313)    
Other Comprehensive Income Loss Net Of Tax Portion Attributable to Noncontrolling Interest, Adjusted EBITDA 113   113    
OCTAVE EBITDA $ (200)   $ (200)