Net income increased to $99,255 thousand in 2025 from $70,734 thousand in 2024. Direct written premiums grew 7.2% to $1,278,605 thousand in 2025. Net earned premiums increased 12.7% to $1,139,011 thousand in 2025. The combined ratio improved to 99.0% in 2025 from 101.1% in 2024, indicating underwriting profitability. Net investment income rose 12.6% to $62,732 thousand in 2025. Favorable prior year loss reserve development of $44,552 thousand was recorded in 2025. The company is the 4th largest private passenger auto carrier (9.4% market share), largest commercial auto carrier (13.0% market share), and 3rd largest homeowners carrier (7.0% market share) in Massachusetts. Investment portfolio credit quality improved, with investment-grade assets increasing to 91.4% in 2025 from 83.2% in 2024. A virtual assistant was introduced internally in 2025 with plans for agent rollout in 2026, and a Virtual AI Voice Assistant for claims is expected in H1 2026. A quarterly cash dividend of $0.92 per share was declared on February 25, 2026, payable March 13, 2026. The company repurchased 262,370 shares at a cost of $20,000 thousand in 2025.