| Statements of Cash Flows Supplemental cash flow information was as follows:
| | | | | | | | | | | | | | | | | Nine Months ended
September 30, | | ($ in thousands) | | 2026 | | 2025 | | Cash paid (received) during the period for: | | | | | | Interest | | $ | 34,568 | | | 22,862 | | | Federal income tax | | 111,000 | | | 108,269 | | | | | | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | Operating cash flows from operating leases | | 7,616 | | | 7,648 | | | Operating cash flows from financing leases | | 102 | | | 196 | | | Financing cash flows from finance leases | | 1,964 | | | 2,054 | | | | | | | | Non-cash items: | | | | | | | | | | Corporate actions related to fixed income securities, available-for-sale (“AFS”)1 | | 25,477 | | | 44,452 | | | | | | | Conversion of alternative investment to equity securities | | — | | | 20,127 | | | Conversion of alternative investment to other investment | | 1,288 | | | — | | | Conversion of AFS fixed income securities to equity securities | | — | | | 736 | | | Conversion of commercial mortgage loan (“CML”) to alternative investment | | — | | | 3,300 | | | Assets acquired under finance lease arrangements | | 977 | | | — | | | Assets acquired under operating lease arrangements | | 2,358 | | | 5,625 | | | Non-cash purchase of property and equipment | | 1 | | | 14 | |
1Examples of corporate actions include like-kind exchanges, non-cash acquisitions, and stock splits.
The following table provides a reconciliation of cash and restricted cash reported within the Consolidated Balance Sheets to the amount reported in the Consolidated Statements of Cash Flows:
| | | | | | | | | | | | | | | | ($ in thousands) | | September 30, 2026 | | December 31, 2025 | | Cash | | $ | 928 | | | 346 | | | Restricted cash | | 14,441 | | | 17,612 | | | Total cash and restricted cash shown in the Consolidated Statements of Cash Flows | | $ | 15,369 | | | 17,958 | |
Amounts in restricted cash represent cash received from the National Flood Insurance Program (“NFIP“) that can only be used to pay flood claims under the Write Your Own program.
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