XML 29 R23.htm IDEA: XBRL DOCUMENT

Workers' Compensation Claims Liabilities (Tables)

3 Months Ended

Mar. 31, 2025

Text Block [Abstract]

Summarizes Aggregate Workers' Compensation Reserve Activity

The following table summarizes the aggregate workers’ compensation reserve activity (in thousands):


	Three Months Ended
	March 31,
	2025				2024
Beginning balance
Workers' compensation claims liabilities	$	128,446			$	167,763
Add: claims expense incurred
Current period		3,328				3,600
Prior periods		(3,782	)			(2,992	)
Total claims expense incurred		(454	)			608
Less: claim payments related to
Current period		1,178				954
Prior periods		5,520				9,489
Total claim payments		6,698				10,443

Change in claims incurred in excess of retention limits		(66	)			126
Ending balance
Workers' compensation claims liabilities	$	121,228			$	158,054

Summary of Risk Retained by Insured Program after Considering Loss Portfolio Transfers and Current Insurance Arrangements

The following is a summary of the risk retained by the Company under its insured program after considering the effects of the loss portfolio transfers and current insurance arrangements:


Year	Claims risk retained
2014	No
2015	No
2016	No
2017	No
2018 (1)	No
2019 (1)	Yes
2020	Yes
2021 - Through June 30	Yes
2021 - July 1 and after	No
2022	No
2023	No
2024	No
2025	No

(1) The loss portfolio transfers excluded approximately 10% of claims from 2018 and included an approximately offsetting amount of claims from 2019.