Unpaid Losses and Settlement Expenses (Tables)

6 Months Ended

Jun. 30, 2021

Unpaid Losses and Settlement Expenses [Abstract]

Reconciliation of Unpaid Losses and Settlement Expenses

	For the Three-Months Ended
	June 30,
(In thousands)	2021		2020
Unpaid losses and settlement expense - beginning of the period:
Gross	$	61,808	$	58,274
Less: Ceded		14,011		11,318
Net		47,797		46,956
Increase in incurred losses and settlement expense:
Current year		8,094		8,294
Prior years		570		914
Total incurred		8,664		9,208
Deduct: Loss and settlement expense payments for claims incurred:
Current year		3,523		4,444
Prior years		4,998		4,768
Total paid		8,521		9,212
Net unpaid losses and settlement expense - end of the period		47,940		46,952
Plus: Reinsurance recoverable on unpaid losses		15,918		19,463
Gross unpaid losses and settlement expense - end of the period	$	63,858	$	66,415

	For the Six-Months Ended
	June 30,
(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		15,236		14,540
Prior years		1,231		2,511
Total incurred		16,467		17,051
Deduct: Loss and settlement expense payments for claims incurred:
Current year		4,811		5,649
Prior years		12,272		10,252
Total paid		17,083		15,901
Net unpaid losses and settlement expense - end of the period		47,940		46,952
Plus: Reinsurance recoverable on unpaid losses		15,918		19,463
Gross unpaid losses and settlement expense - end of the period	$	63,858	$	66,415