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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - UNAUDITED - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Net premiums earned $ 261.6 $ 63.9 $ 491.9 $ 123.9
Net investment income 10.0 6.8 19.2 13.5
Fee income 16.6 3.8 31.3 7.0
Other income 1.0 0.3 1.7 0.5
Total revenues 289.2 74.8 544.1 144.9
Operating expenses:        
Loss and loss adjustment expenses 190.3 59.5 356.7 122.8
Sales and marketing 34.2 6.1 64.6 9.7
Other insurance expense 28.1 2.6 52.7 3.9
Technology and development 14.7 11.1 25.7 21.3
General and administrative 18.1 20.7 35.2 42.2
Total operating expenses 285.4 100.0 534.9 199.9
Operating income (loss) 3.8 (25.2) 9.2 (55.0)
Interest expense (11.6) (11.5) (23.2) (22.6)
Loss before income tax expense (7.8) (36.7) (14.0) (77.6)
Income tax expense 0.0 0.0 0.0 0.0
Net loss (7.8) (36.7) (14.0) (77.6)
Other comprehensive loss:        
Changes in net unrealized losses on investments (0.1) (1.2) (0.9) (0.1)
Comprehensive loss $ (7.9) $ (37.9) $ (14.9) $ (77.7)
Loss per common share: basic (both Class A and B) (in dollars per share) $ (0.52) $ (2.55) $ (0.95) $ (5.43)
Loss per common share: diluted (both Class A and B) (in dollars per share) $ (0.52) $ (2.55) $ (0.95) $ (5.43)
Weighted-average common shares outstanding: basic (both Class A and B) (in shares) 14.9 14.4 14.8 14.3
Weighted-average common shares outstanding: diluted (both Class A and B) (in shares) 14.9 14.4 14.8 14.3