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Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following is a summary of intangible assets excluding goodwill recorded as other assets on our Consolidated Balance Sheets at:

						December 31, 2023						December 31, 2022
Intangible assets subject to amortization						$	8,125					$	11,371
Indefinite-lived intangible assets(1)						1,198						1,399
Total						$	9,323					$	12,770

(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense of our intangible assets to be recognized by the Company over the next five years is as follows:

Year ending December 31,						Estimated Amortization Expense
2024						$	2,641
2025						2,438
2026						2,438
2027						608
2028						—

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Intangible assets subject to amortization consisted of the following:

						Weighted-average remaining amortization period (in years)						Gross carrying amount						Accumulated amortization						Net carrying amount
2023
Value of Business Acquired						—						$	42,788					$	(42,788)					$	—
Agency agreements acquired						3.3						34,661						(26,738)						7,923
Trade names acquired						0.3						6,381						(6,179)						202
Total												$	83,830					$	(75,705)					$	8,125
2022
Value of Business Acquired						—						$	42,788					$	(42,788)					$	—
Agency agreements acquired						4.3						34,661						(24,301)						10,360
Trade names acquired						1.3						6,381						(5,370)						1,011
Total												$	83,830					$	(72,459)					$	11,371

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Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

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-Name Accounting Standards Codification
-Topic 350
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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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