Reinsurance (Tables)

12 Months Ended

Dec. 31, 2023

Reinsurance Disclosures [Abstract]

Schedule of Effects of Reinsurance on Premiums Written, Earned, Incurred Losses and LAE

The effects of reinsurance on premiums written and earned for the periods since the acquisition date of April 5, 2021, were as follows:

	Year Ended December 31,
	2023				2022				2021
	Written		Earned		Written		Earned		Written		Earned
Direct premiums	$	445,587	$	462,434	$	462,179	$	395,968	$	266,609	$	213,423
Ceded premiums	(76,643)		(235,171)		(399,400)		(349,952)		(237,102)		(199,366)
Net premiums	$	368,944	$	227,263	$	62,779	$	46,016	$	29,507	$	14,057

The effects of reinsurance on incurred losses and LAE for the periods since the acquisition date of April 5, 2021, were as follows:

	Year Ended December 31,
	2023		2022		2021
Direct losses and LAE	$	300,960	$	280,505	$	181,256
Ceded losses and LAE	(117,455)		(224,202)		(162,752)
Net losses and LAE	$	183,505	$	56,303	$	18,504

Schedule of Reinsurance Balances Due

The detail of reinsurance balances due is as follows:

	December 31,
	2023		2022
Ceded unearned premium	$	50,697	$	203,157
Losses and LAE reserve	19,911		76,999
Reinsurance recoverable	12,629		18,765
Other	345		139
Reinsurance balance due	$	83,582	$	299,060