Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

The following table presents the Company's operating results by reportable segment:


	Three Months Ended March 31,
	2024						2023
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Net premiums earned	$	1,159.4	$	7.3	$	1,166.7	$	997.6	$	7.1	$	1,004.7
Less:
Losses and loss adjustment expenses	900.0		4.0		904.0		925.8		3.7		929.5
Underwriting expenses	269.3		3.8		273.1		230.8		3.5		234.3
Underwriting loss	(9.9)		(0.5)		(10.4)		(159.0)		(0.1)		(159.1)
Investment income					65.0						52.0
Net realized investment gains					38.2						49.0
Other income					4.2						0.9
Interest expense					(7.8)						(4.9)
Pre-tax income (loss)					$	89.2					$	(62.1)
Net income (loss)					$	73.5					$	(45.3)

The following table presents the Company’s net premiums earned and direct premiums written by reportable segment and line of insurance business:


	Three Months Ended March 31,
	2024						2023
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Private passenger automobile	$	754.3	$	—	$	754.3	$	660.6	$	—	$	660.6
Homeowners	266.9		—		266.9		222.5		—		222.5
Commercial automobile	89.2		—		89.2		69.1		—		69.1
Other	49.0		7.3		56.3		45.4		7.1		52.5
Net premiums earned	$	1,159.4	$	7.3	$	1,166.7	$	997.6	$	7.1	$	1,004.7

Private passenger automobile	$	825.5	$	—	$	825.5	$	634.3	$	—	$	634.3
Homeowners	302.1		—		302.1		241.6		—		241.6
Commercial automobile	104.0		—		104.0		80.0		—		80.0
Other	62.9		6.6		69.5		56.3		6.4		62.7
Direct premiums written	$	1,294.5	$	6.6	$	1,301.1	$	1,012.2	$	6.4	$	1,018.6