v3.26.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Investments Measured at Fair Value By Level
The following table presents the Company’s investments measured at fair value by level:
As of September 30, 2026Level 1Level 2Level 3Total
($ in thousands)
Fixed maturity securities
U.S. government and government agency$30,008 $17,451 $— $47,459 
State and municipal— 202,747 — 202,747 
Commercial mortgage-backed securities— 165,357 — 165,357 
Residential mortgage-backed securities— 311,705 — 311,705 
Asset-backed securities— 221,178 — 221,178 
Corporate— 674,445 — 674,445 
Total investments
$30,008 $1,592,883 $— $1,622,891 
As of December 31, 2025Level 1Level 2Level 3Total
($ in thousands)
Fixed maturity securities
U.S. government and government agency$80,368 $— $— $80,368 
State and municipal— 129,278 — 129,278 
Commercial mortgage-backed securities— 171,322 — 171,322 
Residential mortgage-backed securities— 318,561 — 318,561 
Asset-backed securities— 169,004 — 169,004 
Corporate— 502,473 — 502,473 
Total investments
$80,368 $1,290,638 $— $1,371,006