Deferred Policy Acquisition Costs

3 Months Ended

Mar. 31, 2019

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, 2019 and 2018:

	Three Months Ended March 31,
	2019			2018
	(in thousands)
Balance, beginning of period	$	14,801		$	11,775
Policy acquisition costs deferred:
Direct commissions	12,363			9,377
Ceding commissions	(3,256		)	(2,541		)
Other underwriting and policy acquisition costs	965			809
Policy acquisition costs deferred	10,072			7,645
Amortization of net policy acquisition costs	(8,559		)	(6,652		)
Balance, end of period	$	16,314		$	12,768