XML 125 R109.htm IDEA: XBRL DOCUMENT v3.24.0.1
Unpaid Losses and Loss Adjustment Reserve - Unpaid Losses and LAE Gross (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]      
Reserve for unpaid losses and LAE, beginning balance $ 100,632 $ 61,949  
Reinsurance Recoverable for Unpaid Claims and Claims Adjustments (19,808) (76,999) $ (56,752)
Reserve for unpaid losses and LAE reserve, net of reinsurance recoverables, beginning balance 23,633 5,197  
Add provisions (reductions) for losses and LAE occurring in:      
Current year 197,792 55,148  
Prior years (158) 1,155  
Net incurred losses and LAE during the current year 197,634 56,303  
Deduct payments for losses and LAE occurring in:      
Current year (125,370) (32,111)  
Prior years (20,202) (5,756)  
Net claim and LAE payments during the current year (145,572) (37,867)  
Reserve for unpaid losses and LAE reserve, net of reinsurance recoverables, ending balance 75,695 23,633  
Reserve for losses and LAE, net of reinsurance recoverables, ending balance 19,808 76,999  
Reserve for unpaid losses and LAE, ending balance $ 95,503 $ 100,632