Gross premiums written increased by 6.7% to $313.9 million in 2025, primarily driven by a 10.2% increase in in-force policy count. Net premiums earned rose by 4.6% to $283.1 million in 2025. Net income decreased to $47.1 million in 2025 from $55.4 million in 2024. Net investment income decreased by 7.6% to $27.0 million in 2025, attributed to lower average invested asset balances. Loss and loss adjustment expenses incurred increased by 8.1% to $169.9 million in 2025. The current accident year loss ratio increased to 72.0% in 2025 from 71.0% in 2024, largely due to a higher frequency of severe claims. Favorable prior accident year development of $33.9 million was recorded in 2025, a decrease from $34.9 million in 2024. The net combined ratio increased to 91.3% in 2025 from 88.7% in 2024. Return on average equity was 18.5% in 2025, down from 20.2% in 2024. Book value per share decreased to $13.39 at December 31, 2025, from $13.51 at December 31, 2024. The company declared a regular quarterly cash dividend of $0.41 per share payable on March 20, 2026. Repurchased 291,289 shares for $12.1 million in 2025, with $16.9 million remaining under the share repurchase program.