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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (14.0) $ (77.6)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 8.4 7.7
Warrant compensation expense 3.8 8.3
Depreciation and amortization 6.9 5.5
Bad debt expense 13.9 5.0
Changes in operating assets and liabilities:    
Premiums receivable (62.8) (20.7)
Reinsurance recoverable and receivable (31.5) 18.6
Prepaid reinsurance premiums (0.2) 0.5
Other assets (11.3) 14.6
Losses and loss adjustment expenses reserves 91.6 (40.9)
Unearned premiums 56.0 18.1
Reinsurance premiums payable 1.2 (29.4)
Accounts payable and accrued expenses (11.0) (0.8)
Other liabilities 26.1 (3.2)
Net cash provided by (used in) operating activities 77.1 (94.3)
Cash flows from investing activities:    
Purchases of investments (95.5) (48.9)
Proceeds from maturities, call and pay downs of investments 26.2 14.8
Sales of investments 0.0 0.2
Capitalization of internally developed software (4.6) (5.1)
Purchases of fixed assets (0.4) (0.2)
Net cash used in investing activities (74.3) (39.2)
Cash flows from financing activities:    
Taxes paid related to net share settlement of equity awards (11.3) (0.6)
Payment of preferred stock and related warrants issuance costs (3.0) 0.0
Net cash used in financing activities (14.3) (0.6)
Net decrease in cash, cash equivalents and restricted cash (11.5) (134.1)
Cash, cash equivalents and restricted cash at beginning of period 679.7 763.1
Cash, cash equivalents and restricted cash at end of period $ 668.2 $ 629.0