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Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
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Sep. 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 September 30, 2025 |  |  | Nine Months Ended September 30, 2025 |
(In thousands) |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |  |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Balance at beginning of period |  | $ | (345,495 | ) |  | $ | (72,554 | ) |  | $ | (272,941 | ) |  | $ | (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 |  |  | 57,795 |  |  |  | 12,137 |  |  |  | 45,658 |  |  |  | 150,949 |  |  |  | 31,699 |  |  |  | 119,250 |
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 |  |  | (869 | ) |  |  | (183 | ) |  |  | (686 | ) |  |  | (5,274 | ) |  |  | (1,108 | ) |  |  | (4,166 | )
Net unrealized gains (losses) on investments |  |  | 58,664 |  |  |  | 12,320 |  |  |  | 46,344 |  |  |  | 156,223 |  |  |  | 32,807 |  |  |  | 123,416 |
Net unrealized gains (losses) from investments recorded as assets held for sale |  |  | 226 |  |  |  | 47 |  |  |  | 179 |  |  |  | 454 |  |  |  | 95 |  |  |  | 359 |
Other adjustments to comprehensive income (loss), net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 58 |  |  |  | 13 |  |  |  | 45 |
Other comprehensive income (loss) |  |  | 58,890 |  |  |  | 12,367 |  |  |  | 46,523 |  |  |  | 156,735 |  |  |  | 32,915 |  |  |  | 123,820 |
Balance at end of period |  | $ | (286,605 | ) |  | $ | (60,187 | ) |  | $ | (226,418 | ) |  | $ | (286,605 | ) |  | $ | (60,187 | ) |  | $ | (226,418 | )
|  | Three Months Ended September 30, 2024 |  |  | Nine Months Ended September 30, 2024 |
(In thousands) |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |  |  | Before Tax |  |  | Tax Effect |  |  | Net of Tax |
Balance at beginning of period |  | $ | (477,610 | ) |  | $ | (100,299 | ) |  | $ | (377,311 | ) |  | $ | (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 |  |  | 182,913 |  |  |  | 38,412 |  |  |  | 144,501 |  |  |  | 117,390 |  |  |  | 24,652 |  |  |  | 92,738 |
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 |  |  | 567 |  |  |  | 119 |  |  |  | 448 |  |  |  | (6,188 | ) |  |  | (1,299 | ) |  |  | (4,889 | )
Net unrealized gains (losses) on investments |  |  | 182,346 |  |  |  | 38,293 |  |  |  | 144,053 |  |  |  | 123,578 |  |  |  | 25,951 |  |  |  | 97,627 |
Net unrealized gains (losses) from investments recorded as assets held for sale |  |  | 200 |  |  |  | 42 |  |  |  | 158 |  |  |  | 243 |  |  |  | 51 |  |  |  | 192 |
Other adjustments to comprehensive income, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (86 | ) |  |  | (18 | ) |  |  | (68 | )
Other comprehensive income (loss) |  |  | 182,546 |  |  |  | 38,335 |  |  |  | 144,211 |  |  |  | 123,735 |  |  |  | 25,984 |  |  |  | 97,751 |
Balance at end of period |  | $ | (295,064 | ) |  | $ | (61,964 | ) |  | $ | (233,100 | ) |  | $ | (295,064 | ) |  | $ | (61,964 | ) |  | $ | (233,100 | )
(1) Included in net gains (losses) on investments and other financial instruments in our condensed consolidated statements of operations.

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