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Other Income and Expenses (Tables) | 6 Months Ended
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Jun. 30, 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 and six months ended June 30, 2025 and 2024 to enhance disclosure regarding its recast general and administrative expenses.
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
General and Administrative Expenses |  |  |  |  |  |  |  |  |  |  |
Employee compensation(1) | $ | 1,934 |  |  | $ | 4,174 |  |  | $ | 4,758 |  |  | $ | 7,504 |
Depreciation and amortization |  | 1,081 |  |  |  | 1,337 |  |  |  | 2,193 |  |  |  | 2,693 |
Association fees |  | 932 |  |  |  | 826 |  |  |  | 2,017 |  |  |  | 1,837 |
Software & equipment costs |  | 874 |  |  |  | 926 |  |  |  | 1,832 |  |  |  | 1,966 |
Professional services |  | 735 |  |  |  | 1,047 |  |  |  | 1,659 |  |  |  | 2,237 |
Intangible asset amortization |  | 610 |  |  |  | 609 |  |  |  | 1,219 |  |  |  | 1,421 |
Audit fees |  | 241 |  |  |  | 849 |  |  |  | 662 |  |  |  | 1,512 |
Liability insurance |  | 371 |  |  |  | 471 |  |  |  | 746 |  |  |  | 1,032 |
Legal fees |  | 141 |  |  |  | 1,093 |  |  |  | 376 |  |  |  | 1,487 |
Operating lease expense |  | 108 |  |  |  | (36 | ) |  |  | 225 |  |  |  | 44 |
Provision for (reversal of) expected credit losses |  | (43 | ) |  |  | (14 | ) |  |  | (57 | ) |  |  | (46 | )
Other general and administrative(2) |  | 794 |  |  |  | 656 |  |  |  | 1,654 |  |  |  | 1,503 |
Total general and administrative expenses | $ | 7,778 |  |  | $ | 11,938 |  |  | $ | 17,284 |  |  | $ | 23,190 |
(1) For the three and six months ended June 30, 2025 and 2024, employee compensation includes $2.9 million and $4.5 million, respectively, in one-time employee retention tax credit refunds. (2) For the three and six months ended June 30, 2025 and 2024, other general and administrative expenses were comprised primarily of regulatory fees, franchise fees, and overhead such as office utilities.

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- References No definition available. + Details
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- Definition Tabular disclosure of each detailed component of other operating costs and expenses that are applicable to sales and revenues, but not included in the cost of sales in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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