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Subsequent Events | 12 Months Ended
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Dec. 31, 2024
Subsequent Events [Abstract] |
Subsequent Events | 22. SUBSEQUENT EVENTS Losses from California Wildfires Beginning January 7, 2025, a series of destructive wildfires affected the Los Angeles County area in California. Based on claims reported and other available information, the Company's preliminary loss estimate from these wildfires for the first quarter of 2025, including potential assessments from the California FAIR Plan, is a range of $300 to $350, net of reinsurance and before tax. The estimate is subject to variability due to the timing of reported claims, the extent of damage to personal and commercial property and automobiles, uncertainty of the availability for recoveries, including potential subrogation, and other factors that may not yet be known to the Company. Given these uncertainties, the wildfire losses may deviate from our estimate.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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