XML 52 R38.htm IDEA: XBRL DOCUMENT v3.25.1
Other Income and Expenses (Tables)
3 Months Ended
Mar. 31, 2025
Other Income and Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component
The Company presents its expenses in four major captions, loss and loss adjustment expenses, policy acquisition costs, general and administrative expenses and interest expense. The Company has presented the disaggregation of its general and administrative expenses below for the three months ended March 31, 2025 and 2024 to enhance disclosure regarding its recast general and administrative expenses.

Three Months Ended March 31,
20252024
General and Administrative Expenses
Employee compensation$2,824 $3,330 
Depreciation and amortization1,112 1,356 
Association fees1,085 1,011 
Software & equipment costs958 1,040 
Professional services924 1,190 
Intangible asset amortization609 812 
Audit fees421 663 
Liability insurance375 561 
Legal fees235 394 
Operating lease expense117 80 
Provision for expected credit losses(14)(32)
Other general and administrative(1)
860 847 
Total general and administrative expenses$9,506 $11,252 
(1) For the three months ended March 31, 2025 and 2024 other general and administrative expenses were comprised primarily of regulatory fees, franchise fees, and overhead such as office utilities.