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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amount in the condensed consolidated statements of cash flows:
As of
June 30,December 31,
20242023
(dollars in millions)
Cash and cash equivalents$667.2 $678.7 
Restricted cash1.0 1.0 
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows$668.2 $679.7 
Deferred Policy Acquisition Costs The following table provides a reconciliation of the beginning and ending deferred policy acquisition costs, net of accumulated amortization, reported in other assets within the condensed consolidated balance sheets as of June 30, 2024 and 2023:
20242023
(dollars in millions)
Balance, January 1
$18.0 $6.7 
Acquisition costs deferred
21.1 14.9 
Amortization expense
(15.7)(11.1)
Balance, June 30
$23.4 $10.5