Loss and Loss Adjustment Expense Reserves (Tables)

6 Months Ended

Jun. 30, 2022

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,
	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		265,154		247,464
Prior years		(29,273)		(25,808)
Total incurred losses and LAE		235,881		221,656
Paid losses and LAE related to:
Current year		141,809		120,115
Prior years		114,449		86,967
Total paid losses and LAE		256,258		207,082
Net reserves for losses and LAE at end of period		459,607		475,844
Plus receivable from reinsurers related to unpaid losses and LAE		88,538		101,107
Reserves for losses and LAE at end of period	$	548,145	$	576,951