Loss and Loss Adjustment Expense Reserves (Tables)

3 Months Ended

Mar. 31, 2022

Loss and Loss Adjustment Expense Reserves

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

	Three Months Ended March 31,
	2022		2021
Reserves for losses and LAE at beginning of year	$	570,651	$	567,581
Less receivable from reinsurers related to unpaid losses and LAE		(90,667)		(106,311)
Net reserves for losses and LAE at beginning of year		479,984		461,270
Incurred losses and LAE, related to:
Current year		135,578		123,954
Prior years		(12,412)		(12,459)
Total incurred losses and LAE		123,166		111,495
Paid losses and LAE related to:
Current year		57,650		48,084
Prior years		76,135		55,593
Total paid losses and LAE		133,785		103,677
Net reserves for losses and LAE at end of period		469,365		469,088
Plus receivable from reinsurers related to unpaid losses and LAE		90,656		108,178
Reserves for losses and LAE at end of period	$	560,021	$	577,266