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Unpaid Losses and Loss Adjustment Expenses
 6 Months Ended
Jun. 30, 2025
Insurance [Abstract]  
Unpaid Losses and Loss Adjustment Expenses Unpaid Losses and Loss Adjustment Expenses
Our liabilities for unpaid losses and loss adjustment expenses (also referred to as “claim liabilities”) under insurance contracts are based upon estimates of the ultimate claim costs associated with claim occurrences as of the balance sheet date and include estimates for incurred-but-not-reported (“IBNR”) claims. A reconciliation of the changes in claim liabilities, net of reinsurance, for each of the six-month periods ended June 30, 2025 and 2024 follows.
June 30,
2025		June 30,
2024
Balances at beginning of year:
Gross liabilities$18,028 $16,105 
Reinsurance recoverable on unpaid losses(778)(937)
Net liabilities17,250 15,168 
Incurred losses and loss adjustment expenses:
Current accident year23,594 23,539 
Prior accident years872 (1,330)
Total24,466 22,209 
Paid losses and loss adjustment expenses:
Current accident year18,663 16,653 
Prior accident years5,850 5,029 
Total24,513 21,682 
Balances at June 30:
Net liabilities17,203 15,695 
Reinsurance recoverable on unpaid losses612 272 
Gross liabilities$17,815 $15,967 
We recorded net increases of $872 for estimated ultimate liabilities for prior accident years in the first six months of 2025, and net reductions of $1,330 in the first six months of 2024. These changes as a percentage of the net liabilities at the beginning of each year were 5.1% in 2025 and 8.8% in 2024.