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Segment Reporting - Schedule of Segment Reporting (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Net premiums earned $ 990,882 $ 916,906 $ 842,527
Net investment income 222,070 186,139 124,409
Realized investment gains (losses), net (2,350) (7,204) (13,172)
Income (loss) from other invested assets 7,375 (11,118) 28,676
Other income 24,927 25,036 18,384
Total revenues 1,242,904 1,109,759 1,000,824
Losses and expenses:      
Provision (benefit) for losses and LAE 81,220 31,542 (174,704)
Compensation and benefits 136,392 114,898 100,302
Premium and other taxes 24,504 22,168 20,977
Ceding commission (24,248) (21,326) (17,516)
Other underwriting and operating expenses 134,226 109,341 67,970
Other underwriting and operating expenses 270,874 225,081 171,733
Interest expense 35,319 30,137 15,608
Income before income taxes 855,491 822,999 988,187
Mortgage Insurance      
Losses and expenses:      
Other underwriting and operating expenses 159,531 162,456 159,605
Interest expense 0 0 0
Income before income taxes 892,284 860,039 1,019,608
Mortgage Insurance | Operating Segments      
Revenues:      
Net premiums earned 924,676 878,937 842,527
Net investment income 183,341 159,868 112,285
Realized investment gains (losses), net (2,343) (6,392) (1,829)
Income (loss) from other invested assets 7,171 (490) 33,142
Other income 14,152 20,692 18,384
Total revenues 1,126,997 1,052,615 1,004,509
Losses and expenses:      
Provision (benefit) for losses and LAE 75,182 30,120 (174,704)
Compensation and benefits 72,156 68,996 66,410
Premium and other taxes 23,007 22,544 20,977
Ceding commission (24,248) (21,326) (17,516)
Other underwriting and operating expenses 44,829 44,968 41,634
Other underwriting and operating expenses $ 115,744 $ 115,182 $ 111,505
Loss Ratio 8.10% 3.40% (20.70%)
Expense Ratio 17.30% 18.50% 18.90%
Combined Ratio 25.40% 21.90% (1.80%)
Mortgage Insurance | Intersegment Eliminations      
Losses and expenses:      
Other underwriting and operating expenses $ 43,787 $ 47,274 $ 48,100
Corporate Segment      
Losses and expenses:      
Other underwriting and operating expenses 111,343 62,625 12,128
Interest expense 35,319 30,137 15,608
Income before income taxes (36,793) (37,040) (31,421)
Corporate Segment | Operating Segments      
Revenues:      
Net premiums earned 66,206 37,969 0
Net investment income 38,729 26,271 12,124
Realized investment gains (losses), net (7) (812) (11,343)
Income (loss) from other invested assets 204 (10,628) (4,466)
Other income 10,775 4,344 0
Total revenues 115,907 57,144 (3,685)
Losses and expenses:      
Provision (benefit) for losses and LAE 6,038 1,422 0
Compensation and benefits 64,236 45,902 33,892
Premium and other taxes 1,497 (376) 0
Ceding commission 0 0 0
Other underwriting and operating expenses 89,397 64,373 26,336
Other underwriting and operating expenses 155,130 109,899 60,228
Corporate Segment | Intersegment Eliminations      
Losses and expenses:      
Other underwriting and operating expenses $ (43,787) $ (47,274) $ (48,100)