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Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 2022
Insurance [Abstract]  
Summary of Activity in Deferred Policy Acquisition Costs (DPAC)

The Company anticipates that its DPAC will be fully recoverable in the near term. The table below depicts the activity regarding DPAC for the three and six months ended June 30, 2022 and 2021.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

Beginning Balance

 

$

90,641

 

 

$

88,876

 

 

$

93,881

 

 

$

89,265

 

Policy acquisition costs deferred

 

 

49,842

 

 

 

49,729

 

 

 

99,834

 

 

 

96,404

 

Amortization

 

 

(41,015

)

 

 

(42,638

)

 

 

(94,247

)

 

 

(89,702

)

Ending Balance

 

$

99,468

 

 

$

95,967

 

 

$

99,468

 

 

$

95,967