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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Gross written premiums $ 597,171 $ 414,977 $ 1,535,623 $ 1,168,239
Ceded written premiums (321,927) (255,267) (819,171) (692,620)
Net written premiums 275,244 159,710 716,452 475,619
Change in unearned premiums (50,097) (24,064) (147,277) (109,823)
Net earned premiums 225,147 135,646 569,175 365,796
Net investment income 14,572 9,408 40,014 24,506
Net realized and unrealized gains on investments 3,493 2,734 9,461 5,768
Commission and other income 1,448 715 3,954 2,035
Total revenues 244,660 148,503 622,604 398,105
Expenses:        
Losses and loss adjustment expenses 72,812 40,315 157,739 97,583
Acquisition expenses, net of ceding commissions and fronting fees 56,270 41,469 154,266 109,072
Other underwriting expenses 48,306 28,129 129,563 84,165
Interest expense 133 87 304 1,052
Total expenses 177,521 110,000 441,872 291,872
Income before income taxes 67,139 38,503 180,732 106,233
Income tax expense 15,684 8,006 39,827 23,625
Net income 51,455 30,497 140,905 82,608
Other comprehensive income, net:        
Net unrealized gains on securities available for sale 9,541 17,916 22,753 13,852
Net comprehensive income $ 60,996 $ 48,413 $ 163,658 $ 96,460
Per Share Data:        
Basic earnings per share (in dollars per share) $ 1.93 $ 1.18 $ 5.28 $ 3.28
Diluted earnings per share (in dollars per share) $ 1.87 $ 1.15 $ 5.12 $ 3.19
Weighted-average common shares outstanding:        
Basic (in shares) 26,637,592 25,766,697 26,683,856 25,194,114
Diluted (in shares) 27,446,519 26,479,566 27,533,533 25,877,257