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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Components of Lease Expense
($ in thousands)20232022
Operating lease cost, included in Other insurance expenses on the Consolidated Statements of Income$7,409 8,148 
Finance lease cost:
Amortization of assets, included in Other insurance expenses on the Consolidated Statements of Income2,692 2,440 
Interest on lease liabilities, included in Interest expense on the Consolidated Statements of Income66 46 
Total finance lease cost2,758 2,486 
Variable lease cost, included in Other insurance expenses on the Consolidated Statements of Income996 1,384 
Short-term lease cost, included in Other insurance expenses on the Consolidated Statements of Income$411 166 
Supplemental Lease Information
December 31, 2023December 31, 2022
Weighted-average remaining lease term
Operating leases78years
Finance leases22
Weighted-average discount rate
Operating leases2.8 2.6 %
Finance leases3.5 1.2 
Lease Assets and Liabilities
($ in thousands)December 31, 2023December 31, 2022
Operating leases
Other assets$41,256 42,403 
Other liabilities43,675 44,505 
Finance leases
Property and equipment - at cost, net of accumulated depreciation and amortization2,605 3,713 
Long-term debt$2,636 3,718 
Maturities of Lease Liabilities
($ in thousands)Finance LeasesOperating LeasesTotal
Year ended December 31,
2024$3,002 7,624 10,626 
20252,859 7,749 10,608 
20262,482 7,413 9,895 
2027702 7,109 7,811 
2028— 6,889 6,889 
Thereafter— 18,605 18,605 
Total lease payments9,045 55,389 64,434 
Less: imputed interest112 4,221 4,333 
Less: leases that have not yet commenced6,297 7,493 13,790 
Total lease liabilities$2,636 43,675 46,311