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Note 23 - Business Acquisitions
 12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Business Acquisitions

23. Business Acquisitions

On January 1, 2025, the Company acquired 100% of the outstanding voting stock of FIA for a purchase price of $29.5 million in cash. The acquisition was completed to expand the Company’s surety product offerings and support strategic growth initiatives. In connection with the acquisition, the Company recognized the acquired assets and assumed liabilities of FIA at their estimated fair values as of the acquisition date. The Company recorded the related purchase accounting adjustments as of January 1, 2025. These adjustments primarily result from purchase accounting fair value measurements.

On April 1, 2025, the Company acquired substantially all of the assets and assumed certain liabilities of Advanced AgProtection, LLC (“AAP”) for a purchase price of $32.5 million in cash. The acquisition was completed to support the Company’s strategic entry into the crop insurance business through AAP’s established infrastructure. In connection with the acquisition, the

Company recognized the acquired assets and assumed liabilities of AAP at their estimated fair values as of the acquisition date. The Company recorded the related purchase accounting adjustments as of April 1, 2025. These adjustments primarily result from purchase accounting fair value measurements.

The FIA and AAP acquisitions were accounted for as business combinations in accordance with Accounting Standards Codification (“ASC”) 805, Business Combinations. As neither acquisition met the significance thresholds under Rule 3-05 of Regulation S-X, separate financial statements of the acquired entities are not required to be filed. Additional purchase accounting disclosures have been omitted due to the immateriality of these acquisitions individually and in the aggregate in relation to the Company's Consolidated Financial Condition and Results of Operations.