Unpaid Losses and Settlement Expenses (Tables)

3 Months Ended

Mar. 31, 2021

Unpaid Losses and Settlement Expenses [Abstract]

Reconciliation of Unpaid Losses and Settlement Expenses

	For the Three-Months Ended
	March 31,
(In thousands)	2021		2020
Unpaid losses and settlement expense - beginning of the period:
Gross	$	61,576	$	56,838
Less: Ceded		13,020		11,036
Net		48,556		45,802
Increase in incurred losses and settlement expense:
Current year		7,142		6,245
Prior years		661		1,597
Total incurred		7,803		7,842
Deduct: Loss and settlement expense payments for claims incurred:
Current year		1,288		1,204
Prior years		7,274		5,484
Total paid		8,562		6,688
Net unpaid losses and settlement expense - end of the period		47,797		46,956
Plus: Reinsurance recoverable on unpaid losses		14,011		11,318
Gross unpaid losses and settlement expense - end of the period	$	61,808	$	58,274