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Deferred Policy Acquisition Costs
 9 Months Ended
Sep. 30, 2016
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs
Deferred Policy Acquisition Costs
The Company defers costs incurred which are incremental and directly related to the successful acquisition of new or renewal insurance business, net of corresponding amounts of ceded reinsurance commissions. Net deferred policy acquisition costs are amortized and charged to expense in proportion to premium earned over the estimated policy term. The Company anticipates that its deferred policy acquisition costs will be fully recoverable and there were no premium deficiencies for the three and nine months ended September 30, 2016 and 2015. The activity in deferred policy acquisition costs, net of reinsurance transactions, is as follows (dollars in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
Balance at beginning of period
$
13,182

 
$
7,659

 
$
12,102

 
$
5,679

 
 
 
 
 
 
 
 
Deferred policy acquisition costs
6,287

 
8,528

 
19,383

 
15,742

Amortization of policy acquisition costs
(6,266
)
 
(4,605
)
 
(18,282
)
 
(9,839
)
Net change
21

 
3,923

 
1,101

 
5,903

 
 
 
 
 
 
 
 
Balance at end of period
$
13,203

 
$
11,582

 
$
13,203

 
$
11,582