Loss and Loss Adjustment Expense Reserves (Tables)

6 Months Ended

Jun. 30, 2020

Loss and Loss Adjustment Expense Reserves

Schedule of reconciliation of beginning and ending reserves for losses and loss adjustment expenses (LAE)

	Six Months Ended June 30,
	2020		2019
Reserves for losses and LAE at beginning of year	$	610,566	$	584,719
Less receivable from reinsurers related to unpaid losses and LAE		(122,372)		(108,398)
Net reserves for losses and LAE at beginning of year		488,194		476,321
Incurred losses and LAE, related to:
Current year		231,048		270,757
Prior years		(19,328)		(22,337)
Total incurred losses and LAE		211,720		248,420
Paid losses and LAE related to:
Current year		105,043		139,220
Prior years		111,502		108,626
Total paid losses and LAE		216,545		247,846
Net reserves for losses and LAE at end of period		483,369		476,895
Plus receivable from reinsurers related to unpaid losses and LAE		116,378		112,228
Reserves for losses and LAE at end of period	$	599,747	$	589,123