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Restructuring | 3 Months Ended
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Mar. 31, 2023
Restructuring and Related Activities [Abstract] |
Restructuring | 2. Restructuring The Company is restructuring its insurance operations in an effort to strengthen its market presence and enhance its focus on GBLI’s core Wholesale Commercial and InsurTech products. As a result, the Company exited its four brokerage divisions: Professional Liability, Excess Casualty, Environmental, and Middle Market Property. The Company ceased writing new business and existing renewals were placed in run-off for these four divisions. The restructuring plan, which was initiated in the fourth quarter of 2022, was completed in the first quarter of 2023. In connection with the restructuring plan, the Company incurred restructuring costs of $3.4 million during the fourth quarter of 2022 and $2.2 million during the first quarter of 2023 for total restructuring costs of $5.6 million. The following table summarizes charges incurred by expense type and the remaining liability as of December 31, 2022 and March 31, 2023:
(Dollars in thousands) |  | Consolidated Statements of Operations Line |  | Employee Termination |  |  | Lease Right of Use Asset Impairment |  |  | Total |
Charges incurred in 2022 |  | Corporate and other operating expenses |  | $ | 2,635 |  |  | $ | — |  |  | $ | 2,635 |
Charges incurred in 2022 |  | Acquisition costs and other underwriting expenses (1) |  |  | — |  |  |  | 812 |  |  |  | 812 |
Non-cash asset charges |  |  |  |  | — |  |  |  | (812 | ) |  |  | (812 | )
Liability at December 31, 2022 |  |  |  |  | 2,635 |  |  |  | — |  |  |  | 2,635 |
Charges incurred in 2023 |  | Corporate and other operating expenses |  |  | 2,171 |  |  | — |  |  |  | 2,171 |
Cash payments in 2023 |  |  |  |  | (2,678 | ) |  |  | — |  |  |  | (2,678 | )
Liability at March 31, 2023 |  |  |  | $ | 2,128 |  |  | $ | — |  |  | $ | 2,128 |
(1) These charges were recorded within the Company's Exited Line segment. Any information technology initiatives related to business lines within Exited Lines have been discontinued.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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