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Deferred Policy Acquisition Costs (Tables)
3 Months Ended
Mar. 31, 2019
Deferred Policy Acquisition Costs Disclosures [Abstract]  
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