Loss and Loss Adjustment Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2022

Loss and Loss Adjustment Expense Reserves

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

	Nine Months Ended September 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		403,173		381,996
Prior years		(43,223)		(41,211)
Total incurred losses and LAE		359,950		340,785
Paid losses and LAE related to:
Current year		236,571		211,048
Prior years		149,977		111,708
Total paid losses and LAE		386,548		322,756
Net reserves for losses and LAE at end of period		453,386		479,299
Plus receivable from reinsurers related to unpaid losses and LAE		92,026		99,248
Reserves for losses and LAE at end of period	$	545,412	$	578,547