Reinsurance

9 Months Ended

Sep. 30, 2022

Insurance [Abstract]

Summary of Reinsurance Activity

A summary of reinsurance activity is as follows:

(In millions)	For the Three Months Ended  September 30,				For the Nine Months Ended  September 30,
	2022		2021		2022		2021
Net assumed written premiums	$	18.8	$	12.1	$	55.6	$	45.9
Net premiums earned	16.4		15.4		45.6		45.6
Provision for claims	12.9		10.0		34.0		29.3
Amortization of capitalized acquisition costs	0.3		0.2		1.1		1.0

Schedule of Trust Assets and Reinsurance Liabilities

The trust assets and related reinsurance liabilities are as follows:

(In millions)		As of
	Balance Sheet location	September 30, 2022		December 31, 2021
Trust assets	Restricted cash and cash equivalents	$	1.5	$	0.3
Trust assets	Restricted securities available for sale	68.0		62.1
Unearned premium	Accounts payable and accrued liabilities	54.6		44.6
Claims reserve (1)	Accounts payable and accrued liabilities	3.2		2.4

(1)    The claims reserve represents our liability for incurred-but-not-reported claims and is estimated based on historical claims experience.