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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of fair value hierarchy for financial assets and liabilities | The following tables present the Company’s fair value hierarchy for financial assets and liabilities measured as of June 30, 2024 and December 31, 2023 ($ in millions):
|  | June 30, 2024
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Assets: |  |  |  |  |  |  |  |
Corporate debt securities |  | $ | — |  |  | $ | 435.9 |  |  | $ | — |  |  | $ | 435.9 |
U.S. Government obligations |  | — |  |  | 88.5 |  |  | — |  |  | 88.5 |
Asset-backed securities |  | — |  |  | 12.8 |  |  | — |  |  | 12.8 |
Fixed maturities |  | $ | — |  |  | $ | 537.2 |  |  | $ | — |  |  | $ | 537.2 |
Short term investments |  | — |  |  | 44.0 |  |  | — |  |  | 44.0 |
Total |  | $ | — |  |  | $ | 581.2 |  |  | $ | — |  |  | $ | 581.2 |
Financial Liabilities: |  |  |  |  |  |  |  |
Warrant Liability (1) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
|  | December 31, 2023
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial Assets: |  |  |  |  |  |  |  |
Corporate debt securities |  | $ | — |  |  | $ | 449.9 |  |  | $ | — |  |  | $ | 449.9 |
U.S. Government obligations |  | — |  |  | 175.9 |  |  | — |  |  | 175.9 |
Asset-backed securities |  | — |  |  | 1.6 |  |  | — |  |  | 1.6 |
Fixed maturities |  | $ | — |  |  | $ | 627.4 |  |  | $ | — |  |  | $ | 627.4 |
Short term investments |  | — |  |  | 45.8 |  |  | — |  |  | 45.8 |
Total |  | $ | — |  |  | $ | 673.2 |  |  | $ | — |  |  | $ | 673.2 |
Financial Liabilities: |  |  |  |  |  |  |  |
Warrant Liability (1) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
(1) Fair value of Public and Private warrant liability amounted to less than $0.1 million as of June 30, 2024 and December 31, 2023.

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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