v3.25.4
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets Excluding Goodwill

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

 

 

 

December 31, 2025

 

 

December 31, 2024

 

Intangible assets subject to amortization

 

$

3,048

 

 

$

5,485

 

Indefinite-lived intangible assets(1)

 

 

423

 

 

 

423

 

Total

 

$

3,471

 

 

$

5,908

 

(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.
Summary of Intangible Assets Subject to Amortization and Not Fully Amortized

Intangible assets subject to amortization consisted of the following:

 

 

 

Weighted-average remaining amortization period (in years)

 

 

Gross carrying amount

 

 

Accumulated amortization

 

 

Net carrying amount

 

December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Agency agreements acquired

 

 

1.3

 

 

$

34,661

 

 

$

(31,613

)

 

$

3,048

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Agency agreements acquired

 

 

2.3

 

 

$

34,661

 

 

$

(29,176

)

 

$

5,485

 
Schedule of Finite-Lived Intangible Assets, Estimated 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

 

2026

 

$

2,439

 

2027

 

 

609

 

2028

 

 

—

 

2029

 

 

—

 

2030

 

 

—