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LIABILITY FOR UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES - Schedule of Change in Liability for Unpaid Losses and LAE (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]    
Beginning balance $ 959,291 $ 510,117
Less: Reinsurance recoverables (561,936) (183,435)
Net balance at beginning of period 397,355 326,682
Incurred related to current year 250,555 240,187
Incurred related to prior years 0 0
Total incurred 250,555 240,187
Paid related to current year 64,435 96,333
Paid related to prior years 123,468 141,943
Total paid 187,903 238,276
Net balance at end of period 460,007 328,593
Plus: Reinsurance recoverables 433,670 101,036
Ending balance $ 893,677 $ 429,629