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Workers' Compensation Claims Liabilities (Tables)

9 Months Ended

Sep. 30, 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								Nine Months Ended
	September 30,								September 30,
	2025				2024				2025				2024
Beginning balance
Workers' compensation claims liabilities	$	113,902			$	149,630			$	128,446			$	167,763
Add: claims expense incurred
Current period		3,232				2,358				9,257				9,657
Prior periods		(1,137	)			(4,272	)			(8,141	)			(9,094	)
Total claims expense incurred		2,095				(1,914	)			1,116				563
Less: claim payments related to
Current period		1,644				1,063				4,001				3,582
Prior periods		5,159				9,493				16,272				27,716
Total claim payments		6,803				10,556				20,273				31,298

Change in claims incurred in excess of retention limits		(10	)			(357	)			(105	)			(225	)
Ending balance
Workers' compensation claims liabilities	$	109,184			$	136,803			$	109,184			$	136,803

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.