Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

9 Months Ended

Sep. 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:

	September 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	126,471			96,673
Prior years	(8,350		)	(5,722		)
Total net losses and loss adjustment expenses incurred	118,121			90,951
Payments:
Current year	12,258			4,095
Prior years	53,808			52,056
Total payments	66,066			56,151
Net reserves for unpaid losses and loss adjustment expenses, end of period	365,818			302,293
Reinsurance recoverable on unpaid losses	63,714			63,521
Gross reserves for unpaid losses and loss adjustment expenses, end of period	$	429,532		$	365,814