Underwriting Results
Gross written premiums grew 32.2% to $415 million, compared to $314.0 million year-over-year, with net earned premiums up 58.1%. Losses and loss adjustment expenses totaled $40.3 million from hurricanes Beryl, Debby, and Helene, affecting the loss ratio at 29.7%. In total, underwriting income for the quarter was $26.4 million, with a combined ratio of 80.5%
