XML 26 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reserve for Unpaid Losses (Tables)
12 Months Ended
Dec. 31, 2013
Reserves [Abstract]  
Schedule of Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]
The table below summarizes the activity related to our reserve for unpaid losses:
 
 
2013
 
2012
 
2011
Balance at January 1
$
35,692

 
$
33,600

 
$
47,414

Less: reinsurance recoverable on unpaid losses
1,935

 
3,318

 
23,814

Net balance at January 1
$
33,757

 
$
30,282

 
$
23,600

Incurred related to:
 
 
 
 
 
Current year
94,752

 
57,739

 
43,019

Prior years
4,078

 
670

 
(4,158
)
Total incurred
$
98,830

 
$
58,409

 
$
38,861

Paid related to:
 
 
 
 
 
Current year
62,494

 
37,906

 
28,857

Prior years
24,599

 
17,028

 
3,322

Total paid
$
87,093

 
$
54,934

 
$
32,179

 
 
 
 
 
 
Net balance at December 31
$
45,494

 
$
33,757

 
$
30,282

Plus: reinsurance recoverable on unpaid losses
1,957

 
1,935

 
3,318

Balance at December 31
$
47,451

 
$
35,692

 
$
33,600