Underwriting, Acquisition and Insurance Expenses

9 Months Ended

Sep. 30, 2019

Underwriting, Acquisition and Insurance Expenses [Abstract]

Underwriting, acquisition and insurance expenses

Underwriting, acquisition and insurance expenses

Underwriting, acquisition and insurance expenses for the three and nine months ended September 30, 2019 and 2018 consist of the following:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	(in thousands)
Underwriting, acquisition and insurance expenses incurred:
Direct commissions	$	12,409		$	9,517		$	34,470		$	26,652
Ceding commissions	(3,150		)	(2,716		)	(9,202		)	(7,624		)
Other operating expenses	9,065			7,049			25,109			19,739
Total	$	18,324		$	13,850		$	50,377		$	38,767

Other operating expenses within underwriting, acquisition and insurance expenses include salaries, bonus and employee benefits expenses of $7.3 million and $5.3 million for the three months ended September 30, 2019 and 2018, respectively. Salaries, bonuses, and employee benefit expenses were $21.2 million and $15.6 million for the nine months ended September 30, 2019 and 2018, respectively.