Reinsurance Reinsurance (Tables)

6 Months Ended

Jun. 30, 2014

Ceded Premiums Earned by type [Table Text Block]

The table below summarizes the amounts of our ceded premiums written under the various types of agreements, as well as the amortization of prepaid reinsurance premiums:



	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Excess-of-loss	$	(131,213	)	$	(112,387	)	$	(131,274	)	$	(111,083	)
Equipment & Identity Theft	(1,156		)	(684		)	(1,917		)	(1,155		)
Flood	(4,423		)	(4,075		)	(7,452		)	(6,651		)
Ceded premiums written	$	(136,792	)	$	(117,146	)	$	(140,643	)	$	(118,889	)
Increase in ceded unearned premiums	103,753			88,217			76,627			62,381
Ceded premiums earned	$	(33,039	)	$	(28,929	)	$	(64,016	)	$	(56,508	)

Liability for Catastrophe Claims Disclosure [Table Text Block]

Current year catastrophe losses by the event magnitude are shown in the following table.



		2014					2013
		Number of Events	Incurred Loss and LAE		Combined Ratio Impact		Number of Events	Incurred Loss and LAE ⁽⁴⁾		Combined Ratio Impact
Three Months Ended June 30,
Current period catastrophe losses incurred
Less than $1 million	⁽¹⁾	1	$	260	0.4	%	3	$	1,777	3.9	%
Total		1	$	260	0.4	%	3	$	1,777	3.9	%

Six Months Ended June 30,
Current period catastrophe losses incurred
$ 1 million to $5 million	⁽²⁾	—	$	—	—	%	1	$	1,900	2.2	%
Less than $1 million	⁽³⁾	1	260		0.2	%	2	1,695		1.9	%
Total		1	$	260	0.2	%	3	$	3,595	4.1	%

⁽¹⁾ Reflects losses from the Richland hailstorm in June 2014.

⁽²⁾ Reflects losses from Winterstorm Nemo.

⁽³⁾ Reflects losses from Winterstorm Nemo, the Orlando weather event in March 2013 and Tropical Storm Andrea in June 2013.

⁽⁴⁾ Incurred loss and Loss Adjustment Expenses (LAE) is equal to losses and LAE paid plus the change in case and incurred but not reported reserves.