Reinsurance (Tables)

12 Months Ended

Dec. 31, 2012

The following table depicts written premiums, earned premiums and losses, showing the effects that our reinsurance transactions have on these components of our Consolidated Statements of Comprehensive Income:



	Year ended December 31,
	2012			2011			2010
Premium written:
Direct	$	254,913		$	199,606		$	155,875
Assumed	(4		)	4,200			2,762
Ceded	(113,234		)	(93,418		)	(86,475		)
Net premium written	$	141,675		$	110,388		$	72,162
Change in unearned premiums:
Direct	$	(28,743	)	$	(23,666	)	$	(2,603	)
Assumed	88			697			(727		)
Ceded	8,948			2,661			(1,977		)
Net decrease (increase)	$	(19,707	)	$	(20,308	)	$	(5,307	)
Premiums earned:
Direct	$	226,170		$	175,940		$	153,272
Assumed	84			4,897			2,035
Ceded	(104,286		)	(90,757		)	(88,452		)
Net premiums earned	$	121,968		$	90,080		$	66,855
Losses and LAE incurred:
Direct	$	60,248		$	35,774		$	60,508
Assumed	(335		)	2,554			1,436
Ceded	(1,504		)	533			(19,411		)
Net losses and LAE incurred	$	58,409		$	38,861		$	42,533

Reinsurance Effects On Unpaid Lossses, LAE and Unearned Premiums [Table Text Block]

The following table highlights the effects that our reinsurance transactions have on unpaid losses and loss adjustment expenses and unearned premiums in our Consolidated Balance Sheets:



	December 31,
	2012			2011
Unpaid losses and LAE:
Direct	$	34,503		$	30,501
Assumed	1,189			3,099
Gross unpaid losses and LAE	35,692			33,600
Ceded	(1,935		)	(3,318		)
Net unpaid losses and LAE	$	33,757		$	30,282
Unearned premiums:
Direct	$	128,785		$	100,042
Assumed	—			88
Gross unearned premiums	128,785			100,130
Ceded	(49,916		)	(40,968		)
Net unearned premiums	$	78,869		$	59,162

Reinsurance Recoverable [Table Text Block]

Reinsurance recoverable at the balance sheet dates consists of the following:



	December 31,
	2012		2011
Reinsurance recoverable on unpaid losses and LAE	$	1,935	$	3,318
Reinsurance recoverable on paid losses and LAE	337		1,140
Reinsurance recoverable	$	2,272	$	4,458