Annual report pursuant to Section 13 and 15(d)

Unpaid Losses and Loss Adjustment Expenses

v3.24.3
Unpaid Losses and Loss Adjustment Expenses
 12 Months Ended
Sep. 30, 2024
Payables and Accruals [Abstract]  
Unpaid Losses and Loss Adjustment Expenses Unpaid Losses and Loss Adjustment Expenses
The following is a summary of the Company’s activity in the liability for loss and loss adjustment expense reserves for workers’ compensation, general liability and automobile liability as of September 30, 2024 and 2023 (in thousands):

For the Fiscal Year Ended September 30,
2024 2023
Balance at beginning of year $ 15,297  $ 11,291 
   Total incurred 12,905  9,987 
   Total paid (8,606) (5,981)
Balance at end of year $ 19,596  $ 15,297 

At September 30, 2024 and 2023, these amounts are reflected as “Accrued expenses and other current liabilities” and “Other long-term liabilities” on the Company’s Consolidated Balance Sheets.