Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill, by segment, for the years ended December 31, 2016 and 2015 are as follows:

(Dollars in thousands)	Commercial Lines		Personal Lines		Total
Balance at December 31, 2014	$	4,820	$	—	$	4,820
Acquisition of American Reliable on January 1, 2015		—		1,701		1,701
Balance at December 31, 2015 and 2016	$	4,820	$	1,701	$	6,521

Intangible assets

The following table presents details of the Company’s intangible assets as of December 31, 2016:

(Dollars in thousands) Description	Useful Life		Cost		Accumulated Amortization		Net Value
Trademarks		Indefinite	$	4,800	$	—	$	4,800
Tradenames		Indefinite		4,200		—		4,200
State insurance licenses		Indefinite		10,000		—		10,000
Customer relationships		15 years		5,300		2,369		2,931
Agent relationships		10 years		900		179		721
Trade names		7 years		600		173		427
			$	25,800	$	2,721	$	23,079

The following table presents details of the Company’s intangible assets as of December 31, 2015:

(Dollars in thousands) Description	Useful Life		Cost		Accumulated Amortization		Net Value
Trademarks		Indefinite	$	4,800	$	—	$	4,800
Tradenames		Indefinite		4,200		—		4,200
State insurance licenses		Indefinite		10,000		—		10,000
Customer relationships		15 years		5,300		2,017		3,283
Agent relationships		10 years		900		90		810
Trade names		7 years		600		86		514
Value of business added (“VOBA”)		< 1 year		25,500		25,500		—
			$	51,300	$	27,693	$	23,607