Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment Reporting Information, by Segment

The operating results of the personal property and casualty insurance reportable segment is presented in the following table below ($ in millions):


	Three Months Ended March 31,
		2026		2025
Total revenue		$	258.0	$	151.2
less: Loss and loss adjustment expenses, net		133.3		85.4
Other insurance expense		24.1		26.1
Sales and marketing		11.8		5.1
Advertising expenses		54.3		38.1
Technology development		26.9		22.0
General and administrative		35.0		28.1
Interest expense		6.2		3.3
Depreciation and amortization		2.7		4.5
Other expenses (1)		(1.7)		—
Income tax expense		1.2		1.0
Segment / Consolidated Net Loss		$	(35.8)	$	(62.4)

(1) Includes $1.7 million recovery related to a pre-acquisition Metromile extra-contractual claim liability which was previously recorded in the third quarter of 2024.

Schedule of Gross Written Premium by State

Gross written premium by location are as follows ($ in millions):


	Three Months Ended March 31,
		2026	2025
Jurisdiction			Amount		% of GWP		Amount		% of GWP
California			$	73.7	21.4	%	$	60.4	23.8	%
Texas			40.7		11.8	%	32.5		12.8	%
New York			33.3		9.7	%	25.9		10.2	%
Washington			18.1		5.3	%	13.0		5.1	%
Illinois			14.4		4.2	%	11.6		4.6	%
New Jersey			13.9		4.0	%	11.7		4.6	%
Colorado			12.9		3.8	%	6.8		2.7	%
Florida			11.2		3.3	%	6.3		2.5	%
Arizona			9.9		2.9	%	6.2		2.4	%
Pennsylvania			9.5		2.8	%	7.0		2.8	%
All other			90.3		26.1	%	63.4		24.8	%
US			$	327.9	95.3	%	$	244.8	96.3	%
Europe and UK			16.0		4.7	%	9.4		3.7	%
Total			$	343.9	100.0	%	$	254.2	100.0	%