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Geographical Breakdown of Gross Written Premium (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Gross written premium by state | The Company has a single reportable segment and offers insurance coverage under the homeowners multi-peril, inland marine, general liability and private passenger auto lines of business. Gross written premium includes direct and assumed premium related to car insurance policies written in Texas, in connection with our fronting arrangement with a third party carrier in Texas. Gross written premium by jurisdiction are as follows ($ in millions):
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |  |  |  |
|  | 2024 |  | 2023 |  | 2024 |  | 2023 |  |  |  |  |  |
Jurisdiction |  | Amount |  | % of GWP |  | Amount |  | % of GWP |  | Amount |  | % of GWP |  | Amount |  | % of GWP |  |  |  |  |  |  |  |  |  |
California |  | $ | 55.3 |  |  | 24.4 | % |  | $ | 46.0 |  |  | 25.3 | % |  | $ | 110.6 |  |  | 25.6 | % |  | $ | 91.5 |  |  | 26.5 | % |  |  |  |  |  |  |  |  |  |
Texas |  | 35.9 |  |  | 15.9 | % |  | 31.4 |  |  | 17.3 | % |  | 65.9 |  |  | 15.3 | % |  | 57.5 |  |  | 16.6 | % |  |  |  |  |  |  |  |  |  |
New York |  | 22.8 |  |  | 10.1 | % |  | 19.9 |  |  | 10.9 | % |  | 43.8 |  |  | 10.1 | % |  | 38.3 |  |  | 11.1 | % |  |  |  |  |  |  |  |  |  |
Illinois |  | 10.9 |  |  | 4.8 | % |  | 9.0 |  |  | 4.9 | % |  | 20.6 |  |  | 4.8 | % |  | 16.1 |  |  | 4.7 | % |  |  |  |  |  |  |  |  |  |
New Jersey |  | 10.7 |  |  | 4.7 | % |  | 9.2 |  |  | 5.1 | % |  | 20.4 |  |  | 4.7 | % |  | 17.8 |  |  | 5.1 | % |  |  |  |  |  |  |  |  |  |
Washington |  | 9.1 |  |  | 4.0 | % |  | 6.1 |  |  | 3.4 | % |  | 17.1 |  |  | 4.0 | % |  | 12.2 |  |  | 3.5 | % |  |  |  |  |  |  |  |  |  |
Colorado |  | 8.2 |  |  | 3.6 | % |  | 5.5 |  |  | 3.0 | % |  | 14.1 |  |  | 3.3 | % |  | 9.8 |  |  | 2.8 | % |  |  |  |  |  |  |  |  |  |
Georgia |  | 6.8 |  |  | 3.0 | % |  | 5.5 |  |  | 3.0 | % |  | 12.4 |  |  | 2.9 | % |  | 10.4 |  |  | 3.0 | % |  |  |  |  |  |  |  |  |  |
Pennsylvania |  | 6.1 |  |  | 2.7 | % |  | 4.7 |  |  | 2.6 | % |  | 11.2 |  |  | 2.6 | % |  | 8.7 |  |  | 2.5 | % |  |  |  |  |  |  |  |  |  |
Arizona |  | 5.7 |  |  | 2.5 | % |  | 4.6 |  |  | 2.6 | % |  | 10.7 |  |  | 2.5 | % |  | 8.7 |  |  | 2.5 | % |  |  |  |  |  |  |  |  |  |
All other |  | 54.7 |  |  | 24.3 | % |  | 40.0 |  |  | 21.9 | % |  | 105.0 |  |  | 24.2 | % |  | 74.9 |  |  | 21.7 | % |  |  |  |  |  |  |  |  |  |
|  | $ | 226.2 |  |  | 100.0 | % |  | $ | 181.9 |  |  | 100.0 | % |  | $ | 431.8 |  |  | 100.0 | % |  | $ | 345.9 |  |  | 100.0 | % |  |  |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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