v3.26.1
Reinsurance - Schedule of Reinsurance Impacts on Net Premiums Written and Earned (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Ceded Credit Risk [Line Items]        
Direct premiums written $ 490,153 $ 255,014 $ 831,474 [1] $ 507,518
Assumed premiums written 275,428   355,836 [1]  
Ceded premiums written (150,846) (23,419) [2] (190,827) [1],[2] (45,673) [2]
Total net premiums written 614,735 231,595 996,483 [1] 461,845
Direct premiums earned 415,598 262,044 793,487 [1] 523,955
Assumed premiums earned 190,077   284,575 [1]  
Ceded premiums earned [2] (101,963) (28,518) (171,822) [1] (56,385)
Total net premiums earned 503,712 233,526 906,240 [1],[3] 467,570
Ceding commissions earned 15,291 7,371 28,244 [4] 14,406
Ceded losses 51,358 3,968 66,733 [4] 8,227
Mortgage        
Ceded Credit Risk [Line Items]        
Direct premiums written 261,102 255,014 520,879 [1] 507,518
Ceded premiums written [2] (28,547) (23,419) (55,059) [1] (45,673)
Total net premiums written 232,555 231,595 465,820 [1] 461,845
Direct premiums earned 269,537 262,044 538,439 [1] 523,955
Ceded premiums earned [2] (33,188) (28,518) (63,913) [1] (56,385)
Total net premiums earned 236,349 233,526 474,526 [1] 467,570
Ceding commissions earned [5] 8,741 7,371 17,102 [4] 14,406
Ceded losses 7,045 $ 3,968 13,119 [4] $ 8,227
Specialty        
Ceded Credit Risk [Line Items]        
Direct premiums written 229,051   310,595 [1]  
Assumed premiums written 275,428   355,836 [1]  
Ceded premiums written (122,299)   (135,768) [1]  
Total net premiums written 382,180   530,663 [1]  
Direct premiums earned 146,061   255,048 [1]  
Assumed premiums earned 190,077   284,575 [1]  
Ceded premiums earned (68,775)   (107,909) [1]  
Total net premiums earned 267,363   431,714 [1]  
Ceding commissions earned [6] 6,550   11,142 [4]  
Ceded losses $ 44,313   $ 53,614 [4]  
[1] Includes Inigo results from the Closing Date through June 30, 2026.
[2] Net of profit commission, which is impacted by the level of ceded losses recoverable, if any, on reinsurance transactions. See Note 11 for additional information on our reserve for losses and reinsurance recoverables.
[3] Includes Inigo results for the five-month period from the Closing Date of the acquisition through June 30, 2026.
[4] Includes Inigo results from the Closing Date of the acquisition through June 30, 2026.
[5] For the Mortgage segment, ceding commissions primarily relate to reimbursement of operating expenses and are reported primarily in other operating expenses in our condensed consolidated statements of operations. Deferred ceding commissions are included in other liabilities on our condensed consolidated balance sheets.
[6] For the Specialty segment, ceding commissions primarily relate to reimbursement of acquisition costs and are reported in amortization of deferred policy acquisition costs in our condensed consolidated statements of operations. Deferred ceding commissions are included in other assets on our condensed consolidated balance sheets.