Allowance for Expected Credit Losses (Tables)

9 Months Ended

Sep. 30, 2020

Credit Loss [Abstract]

Premium Receivable, Allowance for Credit Loss

The following tables present the balances of premiums and other receivables, net of the allowance for expected credit losses, as of January 1, 2020, and September 30, 2020, and changes in the allowance for expected credit losses for the three and nine months ended September 30, 2020.

	Three Months Ended September 30, 2020
	Premiums and Other Receivables, Net		Allowance for Expected Credit Losses
Balance, beginning of the period	$	1,487,734	$	40,078
Current period change for expected credit losses (1)			13,931
Write-offs of uncollectible premiums and other receivables			(16,846)
Balance, end of the period	$	1,598,316	$	37,163

	Nine Months Ended September 30, 2020
	Premiums and Other Receivables, Net		Allowance for Expected Credit Losses
Balance, beginning of the period	$	1,428,948	$	24,067
Cumulative effect of adoption of updated accounting guidance for credit losses at January 1, 2020			762
Current period change for expected credit losses (1)			70,873
Write-offs of uncollectible premiums and other receivables			(58,539)
Balance, end of the period	$	1,598,316	$	37,163

(1) Current period charges for expected losses are recorded in general and administrative expenses.

Reinsurance Recoverable, Allowance for Credit Loss

The following tables present the balances of reinsurance recoverable, net of the allowance for estimated uncollectible reinsurance, as of January 1, 2020, and September 30, 2020, and changes in the allowance for estimated uncollectible reinsurance for the three and nine months ended September 30, 2020.

	Three Months Ended September 30, 2020
	Reinsurance Recoverable, Net		Allowance for Expected Credit Losses
Balance, beginning of the period	$	1,292,636	$	517
Current period change for estimated uncollectible reinsurance (1)			293
Write-offs of uncollectible reinsurance			—
Balance, end of the period	$	1,286,852	$	810

	Nine Months Ended September 30, 2020
	Reinsurance Recoverable, Net		Allowance for Expected Credit Losses
Balance, beginning of the period	$	1,394,308	$	—
Cumulative effect of adoption of updated accounting guidance for credit losses at January 1, 2020			517
Current period change for estimated uncollectible reinsurance (1)			293
Write-offs of uncollectible reinsurance			—
Balance, end of the period	$	1,286,852	$	810

(1) Current period charges for expected losses are recorded in general and administrative expenses.