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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Gross written premiums $ 2,028,252 $ 1,541,962 $ 1,141,558
Ceded written premiums (1,064,230) (897,111) (731,531)
Net written premiums 964,022 644,851 410,027
Change in unearned premiums (161,387) (134,164) (64,114)
Net earned premiums 802,635 510,687 345,913
Net investment income 56,005 35,824 23,705
Net realized and unrealized gains on investments 11,831 4,568 2,941
Commission and other income 5,496 2,784 3,367
Total revenues 875,967 553,863 375,926
Expenses:      
Losses and loss adjustment expenses 228,594 134,759 72,592
Acquisition expenses, net of ceding commissions and fronting fees 217,133 149,657 107,745
Other underwriting expenses 176,458 117,113 88,172
Interest expense 392 1,138 3,775
Total expenses 622,577 402,667 272,284
Income before income taxes 253,390 151,196 103,642
Income tax expense 56,320 33,623 24,441
Net income 197,070 117,573 79,201
Other comprehensive income, net:      
Net unrealized gains (losses) on securities available for sale 24,339 (2,854) 12,524
Total comprehensive income $ 221,409 $ 114,719 $ 91,725
Per Share Data:      
Basic earnings per share (in dollars per share) $ 7.4 $ 4.61 $ 3.19
Diluted earnings per share (in dollars per share) $ 7.17 $ 4.48 $ 3.13
Weighted-average common shares outstanding:      
Basic (in shares) 26,639,733 25,520,343 24,822,004
Diluted (in shares) 27,485,250 26,223,842 25,327,091