XML 26 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Operating Expenses and Other Expenses
9 Months Ended
Sep. 30, 2017
Other Operating Expenses And Other Expenses [Abstract]  
Other Operating Expenses and Other Expenses
Other Operating Expenses and Other Expenses
 
Other operating expenses consist of the following:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
Amortization of policy acquisition costs
$
35,311

 
$
24,761

 
$
94,563

 
$
70,552

Other underwriting expenses of the operating segments
12,442

 
13,948

 
42,563

 
38,583

Other operating expenses of the Corporate and Other segment
6,507

 
4,870

 
19,063

 
15,597

Total
$
54,260

 
$
43,579

 
$
156,189

 
$
124,732



Other expenses of $119,000 and $351,000 for the three and nine months ended September 30, 2017, respectively, were primarily employee severance and legal and other professional services associated with the Company's May 2017 secondary offering. For the three and nine months ended September 30, 2016, other expenses of $(43,000) and $36,000, respectively, were largely comprised of filing fees and due diligence costs related to merger and acquisition activities.