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Stockholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Summary of Share-based Payment Arrangement, Option, Activity
The following table summarizes option activity under the plans:
Options OutstandingWeighted-Average RemainingAggregate Intrinsic Value
(In Millions)
Number of SharesWeighted Average Exercise PriceContract Term
(In Years)
Outstanding as of December 31, 2023
1,589,529$16.13 6.8$0.2 
Granted—— 
Exercised(100,502)13.27 
Cancelled/Expired(69,472)15.49 
Outstanding as of June 30, 20241,419,55516.37 6.4$2.4 
Vested and exercisable as of June 30, 20241,346,313$16.39 6.3$2.3 
Summary of Unvested Restricted Stock Units Roll Forward
The following table summarizes the RSU and PRSU activity for the six months ended June 30, 2024:
Number of SharesWeighted Average Grant-Date Fair Value per Share
Unvested and outstanding as of December 31, 2023
2,534,683$28.28 
Granted1,263,14819.52 
Released(788,735)25.61 
Canceled and forfeited(296,673)28.09 
Unvested and outstanding as of June 30, 2024
2,712,423 $25.01 
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount
Total stock-based compensation expense, classified in the accompanying condensed consolidated statements of operations and comprehensive loss was as follows (in millions):
Three Months EndedSix Months Ended
June 30,June 30,
2024202320242023
Losses and loss adjustment expenses$0.3 $0.1 $0.5 $0.6 
Insurance related expenses1.6 1.4 2.0 2.6 
Technology and development1.9 3.9 3.6 7.3 
Sales and marketing2.7 3.6 4.6 7.9 
General and administrative5.4 7.7 9.6 14.4 
Total stock-based compensation expense$11.9 $16.7 $20.3 $32.8