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v3.25.0.1

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Deferred tax asset: |  |
Loss reserve discounting | $ 218,222 | $ 230,956
Unearned premiums | 216,721 | 200,938
Unrealized investment losses | 58,701 | 126,693
Net operating losses & foreign tax credits | 62,159 | 59,154
Other-than-temporary impairments | 7,149 | 12,691
Employee compensation plans | 70,529 | 68,062
Other | 81,915 | 78,025
Gross deferred tax asset | 715,396 | 776,519
Less valuation allowance | (36,063) | (36,283)
Deferred tax asset | 679,333 | 740,236
Deferred tax liability: |  |
Amortization of intangibles | 15,124 | 15,205
Loss reserve discounting - transition rule | 4,944 | 9,894
Deferred policy acquisition costs | 195,150 | 176,281
Property, furniture and equipment | 45,276 | 43,501
Investment funds | 184,899 | 161,867
Other | 78,874 | 66,525
Deferred tax liability | 524,267 | 473,273
Net deferred tax asset | 155,066 | 266,963
Operating Loss Carryforwards [Line Items] |  |
Current federal income taxes | 14,000 | $ 46,000
Valuation allowance | 36,000 |
Foreign Tax Jurisdiction |  |
Deferred tax asset: |  |
Net operating losses & foreign tax credits | 23,000 |
Less valuation allowance | (13,000) |
Operating Loss Carryforwards [Line Items] |  |
Operating loss carryforwards, subject to expire | $ 196,000 |

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