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Subsequent Events | 9 Months Ended
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Sep. 30, 2024
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Event In October 2024, Hurricane Milton made landfall in Florida. Based on information currently available, the Company estimates its range of net losses and loss adjustment expenses from this event to be between $40 million and $80 million, before income taxes. This estimated range of losses was derived based on preliminary industry loss estimates and a high-level review of in-force contracts, as well as an analysis of ceded reinsurance contracts. The Company will refine its estimate of net losses, which will be recorded in the fourth quarter of 2024, as more details about the event and actual level of claims emerge.

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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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