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Reinsurance for the Reciprocal (Tables) | 6 Months Ended
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Jun. 30, 2026
Reinsurance Disclosures [Abstract] |
Schedule of Effects of Reinsurance on Premiums Written, Earned, Incurred Losses and LAE | The effects of reinsurance on premiums written by the Reciprocal and earned for the three and six months ended June 30, 2026 and 2025, were as follows:
| Three Months Ended June 30,
| 2026 |  | 2025
| Written |  | Earned |  | Written |  | Earned
Direct premiums | $ | 117,628 |  | $ | 103,468 |  | $ | 95,779 |  | $ | 100,184
Ceded premiums | 3,627 |  |  | (12,238) |  |  | 20,378 |  |  | (21,229) |
Net premiums | $ | 121,255 |  | $ | 91,230 |  | $ | 116,157 |  | $ | 78,955
| Six Months Ended June 30,
| 2026 |  | 2025
| Written |  | Earned |  | Written |  | Earned
Direct premiums | $ | 211,182 |  |  | $ | 201,120 |  |  | $ | 171,275 |  | $ | 202,564
Ceded premiums | (16,921) |  |  | (33,064) |  |  | (11,263) |  |  | (60,295) |
Net premiums | $ | 194,261 |  |  | $ | 168,056 |  |  | $ | 160,012 |  | $ | 142,269
The effects of reinsurance on incurred losses and loss adjustment expense (“LAE”) for the three and six months ended June 30, 2026 and 2025, were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Direct losses and LAE | $ | 43,696 |  |  | $ | 39,664 |  |  | $ | 66,464 |  |  | $ | 84,356 |
Ceded losses and LAE | (799) |  |  | (7,072) |  |  | (2,383) |  |  | (22,629) |
Net losses and LAE | $ | 42,897 |  |  | $ | 32,592 |  |  | $ | 64,081 |  |  | $ | 61,727 |
Schedule of Reinsurance Balances Due | The detail of reinsurance balances due is as follows:
| June 30, 2026 |  | December 31, 2025
Ceded unearned premium | $ | 419 |  |  | $ | 24,654 |
Losses and LAE reserve | 6,517 |  |  | 9,509 |
Reinsurance recoverable | (95) |  |  | 3,411 |
Other | 1,058 |  |  | 79 |
Reinsurance balance due | $ | 7,899 |  |  | $ | 37,653 |

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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479838/944-20-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 605 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479032/944-605-50-1 + Details
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