Unpaid Losses and Settlement Expenses (Tables)

9 Months Ended

Sep. 30, 2019

Unpaid Losses and Settlement Expenses [Abstract]

Reconciliation of Unpaid Losses and Settlement Expenses

	For the Three-Months Ended
	September 30,
(In thousands)	2019		2018
Unpaid losses and settlement expense - beginning of the period:
Gross	$	61,264	$	51,388
Less: Ceded		13,974		8,288
Net		47,290		43,100
Increase in incurred losses and settlement expense:
Current year		9,092		8,324
Prior years		517		288
Total incurred		9,609		8,612
Deduct: Loss and settlement expense payments for claims incurred:
Current year		6,064		3,613
Prior years		4,778		3,365
Total paid		10,842		6,978
Net unpaid losses and settlement expense - end of the period		46,057		44,734
Plus: Reinsurance recoverable on unpaid losses		12,266		9,479
Gross unpaid losses and settlement expense - end of the period	$	58,323	$	54,213

	For the Nine-Months Ended
	September 30,
(In thousands)	2019		2018
Unpaid losses and settlement expense - beginning of the period:
Gross	$	51,447	$	51,074
Less: Ceded		6,736		10,030
Net		44,711		41,044
Increase in incurred losses and settlement expense:
Current year		25,779		22,587
Prior years		2,338		1,811
Total incurred		28,117		24,398
Deduct: Loss and settlement expense payments for claims incurred:
Current year		10,455		7,511
Prior years		16,316		13,197
Total paid		26,771		20,708
Net unpaid losses and settlement expense - end of the period		46,057		44,734
Plus: Reinsurance recoverable on unpaid losses		12,266		9,479
Gross unpaid losses and settlement expense - end of the period	$	58,323	$	54,213