Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

6 Months Ended

Jun. 30, 2019

Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]

Schedule of Unpaid Losses and Loss Adjustment Expenses

The following table presents a reconciliation of consolidated beginning and ending reserves for unpaid losses and loss adjustment expenses:

	June 30,
	2019			2018
	(in thousands)
Net reserves for unpaid losses and loss adjustment expenses, beginning of year	$	313,763		$	267,493
Incurred losses and loss adjustment expenses:
Current year	81,127			62,389
Prior years	(7,816		)	(3,523		)
Total net losses and loss adjustment expenses incurred	73,311			58,866
Payments:
Current year	5,530			1,858
Prior years	36,100			33,309
Total payments	41,630			35,167
Net reserves for unpaid losses and loss adjustment expenses, end of period	345,444			291,192
Reinsurance recoverable on unpaid losses	61,989			53,373
Gross reserves for unpaid losses and loss adjustment expenses, end of period	$	407,433		$	344,565