The following table summarizes the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis:


	September 30, 2026
	Level 1		Level 2		Level 3		Total
	(in millions)
Financial assets:
Cash, cash equivalents, and restricted cash	$	326.8	$	—	$	—	$	326.8
Fixed maturities available-for-sale:
U.S. government and agencies	96.2		—		—		96.2
States and other territories	—		6.8		—		6.8
Corporate securities	—		242.2		—		242.2

Residential mortgage-backed securities	—		57.0		—		57.0
Commercial mortgage-backed securities	—		2.9		—		2.9
Asset backed securities	—		31.2		—		31.2
Total fixed maturities available-for-sale	96.2		340.1		—		436.3
Short-term investments
U.S. government and agencies	51.5		—		—		51.5

Corporate securities	—		11.3		—		11.3
Total short-term investments	51.5		11.3		—		62.8
Total financial assets	$	474.5	$	351.4	$	—	$	825.9


	December 31, 2025
	Level 1		Level 2		Level 3		Total
	(in millions)
Financial assets:
Cash, cash equivalents, and restricted cash	$	250.1	$	—	$	—	$	250.1
Fixed maturities available-for-sale:
U.S. government and agencies	75.7		—		—		75.7
States and other territories	—		8.2		—		8.2
Corporate securities	—		146.4		—		146.4

Residential mortgage-backed securities	—		37.7		—		37.7
Commercial mortgage-backed securities	—		5.0		—		5.0
Asset backed securities	—		20.4		—		20.4
Total fixed maturities available-for-sale	75.7		217.7		—		293.4
Short-term investments
U.S. government and agencies	103.5		—		—		103.5

Corporate securities	—		49.0		—		49.0
Total short-term investments	103.5		49.0		—		152.5
Total financial assets	$	429.3	$	266.7	$	—	$	696.0