Segment Information - Schedule of Segments Pre and After Tax Income, Significant Expenses and Reconciliations (Details) - USD ($) $ in Thousands |
3 Months Ended |
9 Months Ended |
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
$ 1,326,300
|
$ 1,360,110
|
$ 4,072,260
|
$ 3,972,041
|
| (Favorable)/unfavorable prior year casualty reserve development |
|
|
(22,545)
|
70,096
|
| Current year casualty loss costs |
|
|
2,417,011
|
2,319,158
|
| Net |
762,696
|
819,031
|
2,394,466
|
2,389,254
|
| Net income (loss) |
162,088
|
145,711
|
449,135
|
393,502
|
| Income tax (expense) benefit |
(33,436)
|
(30,371)
|
(93,422)
|
(82,323)
|
| Net income (loss) |
128,652
|
115,340
|
355,713
|
311,179
|
| Interest expense |
(13,215)
|
(13,253)
|
(39,651)
|
(36,082)
|
| Corporate expenses |
(3,117)
|
(4,446)
|
(31,488)
|
(30,100)
|
| Preferred stock dividends |
(2,300)
|
(2,300)
|
(6,900)
|
(6,900)
|
| Net income (loss) available to common stockholders, basic |
126,352
|
113,040
|
348,813
|
304,279
|
| Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
|
|
|
90,000
|
| Insurance Operations |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Net |
762,696
|
819,031
|
2,394,466
|
2,389,254
|
| Dividends to policyholders |
913
|
876
|
2,103
|
3,010
|
| Standard Commercial Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Net |
600,255
|
657,958
|
1,909,338
|
1,906,390
|
| Dividends to policyholders |
913
|
876
|
2,103
|
3,010
|
| Standard Personal Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Net |
73,507
|
89,290
|
211,810
|
235,936
|
| E&S Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Net |
88,934
|
71,783
|
273,318
|
246,928
|
| Operating Segments |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
1,321,226
|
1,351,390
|
4,050,150
|
3,951,264
|
| Net catastrophe losses |
64,099
|
24,899
|
207,990
|
148,188
|
| Non-catastrophe property loss and loss expense |
154,532
|
169,630
|
503,090
|
521,565
|
| Net |
762,696
|
819,031
|
2,394,466
|
2,389,254
|
| Commissions to distribution partners |
205,182
|
212,527
|
634,590
|
636,454
|
| Salaries and employee benefits |
101,691
|
96,406
|
304,499
|
287,392
|
| Other segment expenses |
72,324
|
59,140
|
194,218
|
175,470
|
| Total net underwriting expenses incurred |
379,197
|
368,073
|
1,133,307
|
1,099,316
|
| Dividends to policyholders |
913
|
876
|
2,103
|
3,010
|
| Net income (loss) |
178,420
|
163,410
|
520,274
|
459,684
|
| Income tax (expense) benefit |
(36,941)
|
(33,887)
|
(107,574)
|
(95,503)
|
| Net income (loss) |
141,479
|
129,523
|
412,700
|
364,181
|
| Operating Segments | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
40,000
|
0
|
90,000
|
| Current year casualty loss costs |
544,065
|
584,502
|
1,683,386
|
1,629,501
|
| Operating Segments | Insurance Operations |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
1,180,191
|
1,204,678
|
3,612,895
|
3,551,492
|
| Net catastrophe losses |
64,099
|
24,899
|
207,990
|
148,188
|
| Non-catastrophe property loss and loss expense |
154,532
|
169,630
|
503,090
|
521,565
|
| Net |
762,696
|
819,031
|
2,394,466
|
2,389,254
|
| Commissions to distribution partners |
205,182
|
212,527
|
634,590
|
636,454
|
| Salaries and employee benefits |
101,691
|
96,406
|
304,499
|
287,392
|
| Other segment expenses |
72,324
|
59,140
|
194,218
|
175,470
|
| Total net underwriting expenses incurred |
379,197
|
368,073
|
1,133,307
|
1,099,316
|
| Dividends to policyholders |
913
|
876
|
2,103
|
3,010
|
| Net income (loss) |
37,385
|
16,698
|
83,019
|
59,912
|
| Income tax (expense) benefit |
(7,851)
|
(3,507)
|
(17,434)
|
(12,582)
|
| Net income (loss) |
29,534
|
13,191
|
65,585
|
47,330
|
| Operating Segments | Insurance Operations | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
40,000
|
0
|
90,000
|
| Current year casualty loss costs |
544,065
|
584,502
|
1,683,386
|
1,629,501
|
| Operating Segments | Standard Commercial Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
927,104
|
947,272
|
2,854,907
|
2,797,117
|
| Net catastrophe losses |
42,412
|
15,013
|
148,263
|
85,705
|
| Non-catastrophe property loss and loss expense |
107,142
|
118,749
|
357,811
|
379,423
|
| Net |
600,255
|
657,958
|
1,909,338
|
1,906,390
|
| Commissions to distribution partners |
164,687
|
173,294
|
512,091
|
516,871
|
| Salaries and employee benefits |
83,196
|
79,150
|
249,975
|
237,604
|
| Other segment expenses |
58,903
|
46,170
|
156,846
|
136,644
|
| Total net underwriting expenses incurred |
306,786
|
298,614
|
918,912
|
891,119
|
| Dividends to policyholders |
913
|
876
|
2,103
|
3,010
|
| Net income (loss) |
19,150
|
(10,176)
|
24,554
|
(3,402)
|
| Operating Segments | Standard Commercial Lines | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
35,000
|
0
|
80,000
|
| Current year casualty loss costs |
450,701
|
489,196
|
1,403,264
|
1,361,262
|
| Operating Segments | Standard Personal Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
95,325
|
101,519
|
292,992
|
307,551
|
| Net catastrophe losses |
18,342
|
12,160
|
43,480
|
33,864
|
| Non-catastrophe property loss and loss expense |
30,683
|
39,907
|
91,134
|
104,667
|
| Net |
73,507
|
89,290
|
211,810
|
235,936
|
| Commissions to distribution partners |
5,276
|
4,083
|
16,597
|
17,958
|
| Salaries and employee benefits |
10,380
|
9,620
|
29,772
|
27,045
|
| Other segment expenses |
9,210
|
8,769
|
26,275
|
26,268
|
| Total net underwriting expenses incurred |
24,866
|
22,472
|
72,644
|
71,271
|
| Dividends to policyholders |
0
|
0
|
0
|
0
|
| Net income (loss) |
(3,048)
|
(10,243)
|
8,538
|
344
|
| Operating Segments | Standard Personal Lines | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
5,000
|
0
|
10,000
|
| Current year casualty loss costs |
24,482
|
32,223
|
77,196
|
87,405
|
| Operating Segments | E&S Lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
157,762
|
155,887
|
464,996
|
446,824
|
| Net catastrophe losses |
3,345
|
(2,274)
|
16,247
|
28,619
|
| Non-catastrophe property loss and loss expense |
16,707
|
10,974
|
54,145
|
37,475
|
| Net |
88,934
|
71,783
|
273,318
|
246,928
|
| Commissions to distribution partners |
35,219
|
35,150
|
105,902
|
101,625
|
| Salaries and employee benefits |
8,115
|
7,636
|
24,752
|
22,743
|
| Other segment expenses |
4,211
|
4,201
|
11,097
|
12,558
|
| Total net underwriting expenses incurred |
47,545
|
46,987
|
141,751
|
136,926
|
| Dividends to policyholders |
0
|
0
|
0
|
0
|
| Net income (loss) |
21,283
|
37,117
|
49,927
|
62,970
|
| Operating Segments | E&S Lines | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
0
|
0
|
0
|
| Current year casualty loss costs |
68,882
|
63,083
|
202,926
|
180,834
|
| Operating Segments | Investments |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Total segment revenues |
141,035
|
146,712
|
437,255
|
399,772
|
| Net catastrophe losses |
0
|
0
|
0
|
0
|
| Non-catastrophe property loss and loss expense |
0
|
0
|
0
|
0
|
| Net |
0
|
0
|
0
|
0
|
| Commissions to distribution partners |
0
|
0
|
0
|
0
|
| Salaries and employee benefits |
0
|
0
|
0
|
0
|
| Other segment expenses |
0
|
0
|
0
|
0
|
| Total net underwriting expenses incurred |
0
|
0
|
0
|
0
|
| Dividends to policyholders |
0
|
0
|
0
|
0
|
| Net income (loss) |
141,035
|
146,712
|
437,255
|
399,772
|
| Income tax (expense) benefit |
(29,090)
|
(30,380)
|
(90,140)
|
(82,921)
|
| Net income (loss) |
111,945
|
116,332
|
347,115
|
316,851
|
| Operating Segments | Investments | Casualty lines |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| (Favorable)/unfavorable prior year casualty reserve development |
0
|
0
|
0
|
0
|
| Current year casualty loss costs |
0
|
0
|
0
|
0
|
| Reconciling Item, Corporate |
|
|
|
|
| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items] |
|
|
|
|
| Income tax (expense) benefit |
$ 3,504
|
$ 3,516
|
$ 14,152
|
$ 13,180
|