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Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following tables show the rollforward of accumulated other comprehensive income (loss) for the periods indicated.
Rollforward of accumulated other comprehensive income (loss) |
|  | Three Months Ended June 30, 2025 |  |  | Six Months Ended June 30, 2025 |
(In thousands) |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |  |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Balance at beginning of period |  | $ | (373,058 | ) |  | $ | (78,342 | ) |  | $ | (294,716 | ) |  | $ | (443,340 | ) |  | $ | (93,102 | ) |  | $ | (350,238 | )
Other comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected credit losses has not been recognized |  |  | 25,507 |  |  |  | 5,356 |  |  |  | 20,151 |  |  |  | 93,382 |  |  |  | 19,610 |  |  |  | 73,772 |
Less: Reclassification adjustment for net gains (losses) on investments included in net income (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net realized gains (losses) on disposals and non-credit related impairment losses |  |  | (2,056 | ) |  |  | (432 | ) |  |  | (1,624 | ) |  |  | (4,405 | ) |  |  | (925 | ) |  |  | (3,480 | )
Net unrealized gains (losses) on investments |  |  | 27,563 |  |  |  | 5,788 |  |  |  | 21,775 |  |  |  | 97,787 |  |  |  | 20,535 |  |  |  | 77,252 |
Other adjustments to comprehensive income (loss), net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 58 |  |  |  | 13 |  |  |  | 45 |
Other comprehensive income (loss) |  |  | 27,563 |  |  |  | 5,788 |  |  |  | 21,775 |  |  |  | 97,845 |  |  |  | 20,548 |  |  |  | 77,297 |
Balance at end of period |  | $ | (345,495 | ) |  | $ | (72,554 | ) |  | $ | (272,941 | ) |  | $ | (345,495 | ) |  | $ | (72,554 | ) |  | $ | (272,941 | )
|  | Three Months Ended June 30, 2024 |  |  | Six Months Ended June 30, 2024 |
(In thousands) |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |  |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Balance at beginning of period |  | $ | (458,856 | ) |  | $ | (96,360 | ) |  | $ | (362,496 | ) |  | $ | (418,799 | ) |  | $ | (87,948 | ) |  | $ | (330,851 | )
Other comprehensive income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected credit losses has not been recognized |  |  | (21,825 | ) |  |  | (4,583 | ) |  |  | (17,242 | ) |  |  | (65,480 | ) |  |  | (13,751 | ) |  |  | (51,729 | )
Less: Reclassification adjustment for net gains (losses) on investments included in net income (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net realized gains (losses) on disposals and non-credit related impairment losses |  |  | (3,071 | ) |  |  | (644 | ) |  |  | (2,427 | ) |  |  | (6,755 | ) |  |  | (1,418 | ) |  |  | (5,337 | )
Net unrealized gains (losses) on investments |  |  | (18,754 | ) |  |  | (3,939 | ) |  |  | (14,815 | ) |  |  | (58,725 | ) |  |  | (12,333 | ) |  |  | (46,392 | )
Other adjustments to comprehensive income, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (86 | ) |  |  | (18 | ) |  |  | (68 | )
Other comprehensive income (loss) |  |  | (18,754 | ) |  |  | (3,939 | ) |  |  | (14,815 | ) |  |  | (58,811 | ) |  |  | (12,351 | ) |  |  | (46,460 | )
Balance at end of period |  | $ | (477,610 | ) |  | $ | (100,299 | ) |  | $ | (377,311 | ) |  | $ | (477,610 | ) |  | $ | (100,299 | ) |  | $ | (377,311 | )
(1) Included in net gains (losses) on investments and other financial instruments in our condensed consolidated statements of operations.

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