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Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2025
Reinsurance Disclosures [Abstract]  
Schedule of Reinsurance Recoverable, Credit Quality Indicator The following tables provide (i) a disaggregation of our reinsurance recoverable balance by financial strength rating and (ii) an aging analysis of our past due reinsurance recoverable balances as of March 31, 2025, and December 31, 2024:
March 31, 2025
($ in thousands)CurrentPast DueTotal Reinsurance Recoverables
Financial strength rating of rated reinsurers
A++$114,152 835 114,987 
A+475,469 3,881 479,350 
A131,695 2,029 133,724 
A-6,036 97 6,133 
Total rated reinsurers727,352 6,842 734,194 
Non-rated reinsurers
Federal and state pools184,555 — 184,555 
Other than federal and state pools8,192 3 8,195 
Total non-rated reinsurers192,747 3 192,750 
Total reinsurance recoverable, gross$920,099 6,845 926,944 
Less: allowance for credit losses(2,000)
Total reinsurance recoverable, net924,944 

December 31, 2024
($ in thousands)CurrentPast DueTotal Reinsurance Recoverables
Financial strength rating of rated reinsurers
A++$111,481 225 111,706 
A+483,317 5,205 488,522 
A131,087 819 131,906 
A-5,421 149 5,570 
Total rated reinsurers731,306 6,398 737,704 
Non-rated reinsurers
Federal and state pools318,785 — 318,785 
Other than federal and state pools6,647 9 6,656 
Total non-rated reinsurers325,432 9 325,441 
Total reinsurance recoverable, gross$1,056,738 6,407 1,063,145 
Less: allowance for credit losses(2,000)
Total reinsurance recoverable, net1,061,145 
Schedule of Reinsurance Recoverable, Allowance for Credit Loss
The following table provides a roll forward of the allowance for credit losses on our reinsurance recoverable balance for the periods indicated:

Quarter ended March 31,
($ in thousands)
20252024
Balance at beginning of period$2,000 1,700 
Current period change for expected credit losses— — 
Write-offs charged against the allowance for credit losses— — 
Recoveries— — 
Allowance for credit losses, end of period$2,000 1,700 
Schedule of Direct, Assumed, and Ceded Reinsurance Amounts
The following table lists direct, assumed, and ceded reinsurance amounts for premiums written, premiums earned, and loss and loss expense incurred for the indicated periods. For more information about reinsurance, refer to Note 9. "Reinsurance" in Item 8. "Financial Statements and Supplementary Data." of our 2024 Annual Report.

Quarter ended March 31,
($ in thousands)20252024
Premiums written:  
Direct$1,422,851 1,315,911 
Assumed5,977 5,985 
Ceded(188,385)(165,275)
Net1,240,443 1,156,621 
Premiums earned:  
Direct1,340,446 1,205,368 
Assumed6,151 6,191 
Ceded(187,840)(160,615)
Net1,158,757 1,050,944 
Loss and loss expense incurred:
  
Direct830,672 753,567 
Assumed5,498 5,981 
Ceded(89,845)(55,256)
Net$746,325 704,292