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Goodwill and Other Intangible Assets | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill There were no changes in the carrying amount of goodwill during the three months ended March 31, 2025 and 2024. No accumulated goodwill impairment losses existed at March 31, 2025 and December 31, 2024. Goodwill is reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three months ended March 31, 2025 and 2024. All of the Company's goodwill is associated with the Property and Casualty business segment. See Note 13. Segment Information for additional information on the reportable business segment. Other Intangible Assets The following table presents the components of other intangible assets:
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Useful Lives
| (Amounts in thousands) |  | (in years)
As of March 31, 2025: |  |  |  |  |  |  |
Customer relationships | $ | 55,107 |  |  | $ | (54,012) |  |  | $ | 1,095 |  |  | 10
Trade names | 15,400 |  |  | (10,427) |  |  | 4,973 |  |  | 24
Technology | 4,300 |  |  | (4,300) |  |  | — |  |  | 10
Insurance license | 1,400 |  |  | — |  |  | 1,400 |  |  | Indefinite
Total other intangible assets, net | $ | 76,207 |  |  | $ | (68,739) |  |  | $ | 7,468 |  |  |
As of December 31, 2024: |  |  |  |  |  |  |
Customer relationships | $ | 55,107 |  |  | $ | (53,958) |  |  | $ | 1,149 |  |  | 10
Trade names | 15,400 |  |  | (10,267) |  |  | 5,133 |  |  | 24
Technology | 4,300 |  |  | (4,300) |  |  | — |  |  | 10
Insurance license | 1,400 |  |  | — |  |  | 1,400 |  |  | Indefinite
Total other intangible assets, net | $ | 76,207 |  |  | $ | (68,525) |  |  | $ | 7,682 |  |  |
Other intangible assets are reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three months ended March 31, 2025 and 2024. Other intangible assets with definite useful lives are amortized on a straight-line basis over their useful lives. Amortization expense for other intangible assets was $0.2 million for each of the three-month periods ended March 31, 2025 and 2024. The following table presents the estimated future amortization expense related to other intangible assets as of March 31, 2025:
Year |  | Amortization Expense
|  | (Amounts in thousands)
Remainder of 2025 |  | $ | 642 |
2026 |  | 856 |
2027 |  | 856 |
2028 |  | 856 |
2029 |  | 811 |
Thereafter |  | 2,047 |
Total |  | $ | 6,068 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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