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Reinsurance (Tables)
 9 Months Ended
Sep. 30, 2015
Reinsurance Disclosures [Abstract]  
Schedule of Ceded Premiums Earned by Type
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 September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Excess-of-loss
$
1,898

 
$
4,642

 
$
(163,221
)
 
$
(126,632
)
Equipment & identity theft
(1,723
)
 
(1,221
)
 
(4,521
)
 
(3,138
)
Flood
(4,505
)
 
(4,509
)
 
(11,461
)
 
(11,961
)
Ceded premiums written
$
(4,330
)
 
$
(1,088
)
 
$
(179,203
)
 
$
(141,731
)
Increase (decrease) in ceded unearned premiums
(40,400
)
 
(34,653
)
 
56,809

 
41,974

Ceded premiums earned
$
(44,730
)
 
$
(35,741
)
 
$
(122,394
)
 
$
(99,757
)
Schedule of Catastrophe Losses by Event Magnitude
Current year catastrophe losses by the event magnitude are shown in the following table for the three and nine months ended September 30, 2015 and 2014.

 
 
2015
 
2014
 
 
Number of Events
 
Incurred Loss and LAE (1) 
 
Combined Ratio Impact
 
Number of Events
 
Incurred Loss and LAE (1) 
 
Combined Ratio Impact
Three Months Ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
Current period catastrophe losses incurred
 
 
 
 
 
 
 
 
 
 
 
 
$ 1 million to $5 million (2)
 
1

 
$
2,420

 
2.8
%
 
—

 
$
—

 
—
%
Less than $1 million (3)
 
12

 
1,388

 
1.7
%
 
3

 
714

 
1.1
%
Total
 
13

 
$
3,808

 
4.5
%
 
3

 
$
714

 
1.1
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
 
 
 
 
 
 
 
 
 
Current period catastrophe losses incurred
 
 
 
 
 
 
 
 
 
 
 
 
$ 5 million to $10 million(4)
 
2

 
$
11,342

 
4.7
%
 
—

 
$
—

 
—
%
$ 1 million to $5 million (5)
 
6

 
12,275

 
5.1
%
 
—

 
—

 
—
%
Less than $1 million (3)
 
5

 
1,968

 
0.8
%
 
3

 
974

 
0.5
%
Total
 
13

 
$
25,585

 
10.6
%
 
3

 
$
974

 
0.5
%

(1)
Incurred loss and LAE is equal to losses and LAE paid plus the change in case and incurred but not reported reserves.
(2)
Reflects losses from a wind storm in 2015.
(3)
Reflects losses from winter storms, hail storms, Texas flooding, Hurricane Anna and Tropical Storm Bill in 2015 and losses from the Richland hail storm, Hurricane Arthur and the Revere Tornado in 2014.
(4)
Reflects losses from winter storms in 2015.
(5)
Reflects losses from winter storms, hail storms and wind storms in 2015.