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DEBT AND FINANCING ARRANGEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt Instruments | The following table summarizes the Company's debt:
| Year ended December 31, | 2024 |  | 2023 |
| 5.150% Senior Notes | $ | 246,873 |  |  | $ | 246,789 |  |
| 4.000% Senior Notes | 348,774 |  |  | 348,389 |  |
| 3.900% Senior Notes | 297,556 |  |  | 297,076 |  |
| Junior Subordinated Notes | 421,976 |  |  | 421,460 |  |
| Total Debt | $ | 1,315,179 |  |  | $ | 1,313,714 |  |
The tables below provide the key terms of the Company's debt:
| Description | Issuance Date |  | Aggregate Principal |  | Issue Price |  | Net Proceeds |  | Maturity Date |
| 5.150% Senior Notes | March 13, 2014 |  | $ | 250,000 |  |  | 99.474 | % |  | $ | 246,000 |  |  | April 1, 2045 |
| 4.000% Senior Notes | December 6, 2017 |  | $ | 350,000 |  |  | 99.780 | % |  | $ | 347,000 |  |  | December 6, 2027 |
| 3.900% Senior Notes | June 19, 2019 |  | $ | 300,000 |  |  | 99.360 | % |  | $ | 296,000 |  |  | July 15, 2029 |
| Junior Subordinated Notes | December 10, 2019 |  | $ | 425,000 |  |  | 99.000 | % |  | $ | 420,750 |  |  | January 15, 2040 |
| Description | Interest Rate |  | Interest Payments Due |
| 5.150% Senior Notes | 5.150 | % |  | Semi-annually in arrears on April 1 and October 1 of each year |
| 4.000% Senior Notes | 4.000 | % |  | Semi-annually in arrears on June 6 and December 6 of each year |
| 3.900% Senior Notes | 3.900 | % |  | Semi-annually in arrears on January 15 and July 15 of each year |
| Junior Subordinated Notes(1) | 4.900 | % |  | Semi-annually on January 15 and July 15 of each year |
(1) The Junior Subordinated Notes accrue interest from the date of issuance to, but excluding, January 15, 2030 (the "Par Call Date") at the fixed rate of 4.900% and from, and including, the Par Call Date, at a rate equal to the Five-Year Treasury Rate as of the Reset Interest Determination Date, plus 3.186%. Interest on the Junior Notes is payable semi-annually on January 15 and July 15 of each year, beginning on July 15, 2020.
Summary of Debt Maturity | The following table provides the scheduled maturity of the Company's debt obligations at December 31, 2024:
| Year ended December 31, |  |
| 2025 | $ | — |  |
| 2026 | — |  |
| 2027 | 350,000 |  |
| 2028 | — |  |
| 2029 | 300,000 |  |
| After 2029 | 675,000 |  |
| Unamortized discount and debt issuance expenses | (9,821) |  |
| Total senior notes and notes payable | $ | 1,315,179 |  |

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