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Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2025
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company operates in one report segment providing personal property and casualty insurance products within the United States and Europe, including the UK. Insurance coverage under the homeowners multi-peril, inland marine and general liability and private passenger auto lines of business are offered to individual customers through its direct to consumer distribution channel which follows the same underwriting and claims process. The Company's Chief Operating Decision Makers (“CODM”) is the Chief Executive Officer. The CODM manages the Company’s operations, evaluates the operating performance and decides on allocation of resources based on segment / consolidated net income (loss). Loss and loss adjustment expenses and advertising expenses (growth spend), as included in “Sales and marketing expenses”, in the consolidated statements of operations and comprehensive income (loss), represents the significant expenses which are regularly provided and reviewed by the CODM. The operating results of the personal property and casualty insurance reportable segment is presented in the following table below ($ in millions):
|  | Years ended December 31,
|  | 2025 |  | 2024 |  | 2023
Total revenue |  | $ | 737.9 |  |  | $ | 526.5 |  |  | $ | 429.8 |
less: Loss and loss adjustment expenses, net |  | 347.0 |  |  | 277.0 |  |  | 280.4 |
Other insurance expense |  | 93.7 |  |  | 76.8 |  |  | 59.2 |
Sales and marketing |  | 37.1 |  |  | 44.8 |  |  | 46.7 |
Advertising expenses |  | 187.3 |  |  | 121.5 |  |  | 55.2 |
Technology development |  | 93.9 |  |  | 85.8 |  |  | 88.8 |
General and administrative |  | 122.3 |  |  | 98.0 |  |  | 102.2 |
Interest expense |  | 17.3 |  |  | 6.2 |  |  | 0.4 |
Depreciation and amortization |  | 15.2 |  |  | 20.0 |  |  | 20.0 |
Other expenses (1)(2)(3) |  | (15.0) |  |  | 0.3 |  |  | 6.7 |
Income tax (benefit) expense |  | 4.6 |  |  | (1.7) |  |  | 7.1 |
Segment / Consolidated Net loss |  | $ | (165.5) |  |  | $ | (202.2) |  |  | $ | (236.9) |
(1) Includes $11.7 million of tax refund under the Employee Retention Credit Program (Note 17), $2.3 million of gain from early lease termination (Note 21) and $1.0 million recovery related to a liability claim exposure (Note 20) for the year ended December 31, 2025. (2) Includes asset impairment charge of $0.3 million related to the New York office sublease (Note 21) for the year ended December 31, 2024. (3) Includes asset impairment charge of $3.7 million related to the San Francisco office sublease (Note 21) and $3.0 million accrual for a potential liability claim related to Metromile (Note 20) for the year ended December 31, 2023. The measure of segment assets is based on total assets as reported on the consolidated balance sheets. The Company does not allocate its assets, including investments, or income taxes in evaluating the segment / consolidated net income (loss). The Company operates primarily within the U.S. and does not have revenue from transactions with a single policyholder representing 10% or more of its revenues. Gross written premium by location is as follows ($ in millions):
| Years ended December 31,
| 2025 |  | 2024 |  | 2023
Location | Amount |  | % of GWP |  | Amount |  | % of GWP |  | Amount |  | % of GWP
California | $ | 256.8 |  |  | 21.9 | % |  | $ | 225.6 |  |  | 24.3 | % |  | $ | 191.6 |  |  | 25.9 | %
Texas | 148.8 |  |  | 12.7 | % |  | 133.7 |  |  | 14.4 | % |  | 117.5 |  |  | 15.9 | %
New York | 116.4 |  |  | 9.9 | % |  | 96.3 |  |  | 10.4 | % |  | 80.8 |  |  | 10.9 | %
Washington | 60.2 |  |  | 5.1 | % |  | 38.9 |  |  | 4.2 | % |  | 25.9 |  |  | 3.5 | %
Illinois | 54.0 |  |  | 4.6 | % |  | 43.7 |  |  | 4.7 | % |  | 35.3 |  |  | 4.8 | %
New Jersey | 52.7 |  |  | 4.5 | % |  | 44.3 |  |  | 4.8 | % |  | 37.6 |  |  | 5.1 | %
Colorado | 40.9 |  |  | 3.5 | % |  | 29.2 |  |  | 3.1 | % |  | 22.0 |  |  | 3.0 | %
Florida | 33.8 |  |  | 2.9 | % |  | 19.4 |  |  | 2.1 | % |  | 9.3 |  |  | 1.3 | %
Pennsylvania | 33.0 |  |  | 2.8 | % |  | 24.9 |  |  | 2.7 | % |  | 19.7 |  |  | 2.7 | %
Arizona | 29.4 |  |  | 2.5 | % |  | 22.4 |  |  | 2.4 | % |  | 18.0 |  |  | 2.4 | %
All others | 299.0 |  |  | 25.6 | % |  | 230.6 |  |  | 24.7 | % |  | 171.4 |  |  | 23.2 | %
United States | $ | 1,125.0 |  |  | 96.0 | % |  | $ | 909.0 |  |  | 97.8 | % |  | $ | 729.1 |  |  | 98.7 | %
Europe and UK | 46.3 |  |  | 4.0 | % |  | 20.0 |  |  | 2.2 | % |  | 9.3 |  |  | 1.3 | %
Total | $ | 1,171.3 |  |  | 100.0 | % |  | $ | 929.0 |  |  | 100.0 | % |  | $ | 738.4 |  |  | 100.0 | %

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- Definition The entire disclosure for reporting segments including data and tables. 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