For The Three Months Ended June 30,

For The Six Months Ended June 30,

2026

2025

2026

2025

Revenues:

Net earned premiums

$

201,124

$

196,316

$

400,817

$

396,350

Net investment income

10,595

9,034

20,462

17,609

Net realized (losses) gains on debt securities and other investments

(37

)

4

(21

)

—

Other revenue

2,513

2,681

5,596

5,595

Total revenues

$

214,195

$

208,035

$

426,854

$

419,554

Expenses:

Losses and loss adjustment expense - current year

84,437

77,872

184,215

185,077

Losses and loss adjustment expense - prior year

(23,380

)

(2,252

)

(31,561

)

(10,050

)

Policy acquisition costs

45,510

43,146

90,845

88,961

General and administration costs (1)

20,876

21,422

42,633

42,404

Depreciation & amortization

2,902

2,977

6,054

5,856

Interest expenses

1,690

1,880

3,468

4,306

Income tax expense

20,450

14,966

33,006

24,502

Segment net income

$

61,710

$

48,024

$

98,194

$

78,498

Reconciliation of profit or loss:

Adjustment and reconciling items:

—

—

—

—

Consolidated net income

$

61,710

$

48,024

$

98,194

$

78,498