v3.26.1
Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2026
Insurance [Abstract]  
Schedule of Activity in Deferred Policy Acquisition Costs (DPAC)

The Company anticipates that its DPAC will be fully recoverable in the near term. The table below depicts the activity regarding DPAC for the three and six months ended June 30, 2026 and 2025.

 

 

For The Three Months Ended June 30,

 

 

For The Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(In thousands)

 

Beginning Balance

 

$

64,367

 

 

$

63,906

 

 

$

64,544

 

 

$

63,204

 

Policy acquisition costs deferred, net of ceding commission

 

 

45,510

 

 

 

43,146

 

 

 

90,845

 

 

 

88,961

 

Amortization

 

 

(40,956

)

 

 

(36,112

)

 

 

(86,468

)

 

 

(81,225

)

Ending Balance

 

$

68,921

 

 

$

70,940

 

 

$

68,921

 

 

$

70,940