Deferred Policy Acquisition Costs

3 Months Ended

Mar. 31, 2018

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs

Deferred policy acquisition costs

The following table presents the amounts of policy acquisition costs deferred and amortized for the three months ended March 31, 2018 and 2017:

	Three Months Ended March 31,
	2018			2017
	(in thousands)
Balance, beginning of period	$	11,775		$	10,150
Policy acquisition costs deferred:
Direct commissions	9,377			7,880
Ceding commissions	(2,541		)	(2,591		)
Other underwriting and policy acquisition costs	809			761
Policy acquisition costs deferred	7,645			6,050
Amortization of net policy acquisition costs	(6,652		)	(5,699		)
Balance, end of period	$	12,768		$	10,501