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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net cash provided by operating activities $ 291,705 $ 188,520
Investing activities    
Purchases of property and equipment (115) (194)
Proceeds from sale of property and equipment 230 0
Capitalized software costs (4,583) (4,115)
Purchases of fixed maturity securities (710,495) (448,968)
Purchases of equity securities (10,261) (202)
Sales and maturities of fixed maturity securities 557,125 227,748
Sales of equity securities 12,956 9,014
Change in securities receivable or payable, net (522) (2,960)
Investments in limited partnerships and other assets (12,661) (5,207)
Purchase of policy renewal rights (600) 0
Acquisitions, net of cash acquired (61,509) 0
Net cash used in investing activities (230,435) (224,884)
Financing activities    
Payments on line of credit (15,000) (52,600)
Proceeds from line of credit 15,000 0
Proceeds from stock offering, net of offering costs (141) 115,724
Proceeds from common stock issued via employee stock purchase plan 1,165 902
Proceeds from common stock issued via stock option exercises 3,346 5,033
Policy holder contribution to surplus 2,858 2,037
Repurchases of common stock (37,277) 0
Net cash (used in) provided by financing activities (30,049) 71,096
Net increase in cash, cash equivalents and restricted cash 31,221 34,732
Cash, cash equivalents and restricted cash at beginning of period 80,539 51,852
Cash, cash equivalents and restricted cash at end of period 111,760 86,584
Supplementary cash flow information:    
Cash paid for income taxes 38,232 29,299
Cash paid for interest 228 968
Cash and cash equivalents 111,740  
Restricted cash 20  
Cash and cash equivalents and restricted cash $ 111,760 $ 86,584