Three Months Ended September 30,

Nine Months Ended September 30,

2021

2020

2021

2020

(in thousands)

Reserve for losses and LAE net of reinsurance recoverables at beginning of period

$

23,633

$

7,087

$

34,470

$

3,869

Add: Incurred losses and LAE, net of reinsurance, related to:

Current year

28,286

40,803

34,202

46,867

Prior years

189

257

(2,914)

34

Total incurred

28,475

41,060

31,288

46,901

Deduct: Loss and LAE payments, net of reinsurance, related to:

Current year

2,787

8,232

3,407

9,754

Prior years

2,678

375

15,708

1,476

Total payments

5,465

8,607

19,115

11,230

Reserve for losses and LAE net of reinsurance recoverables at end of period

46,643

39,540

46,643

39,540

Add: Reinsurance recoverables on unpaid losses and LAE at end of period

129,044

92,537

129,044

92,537

Reserve for losses and LAE gross of reinsurance recoverables on unpaid losses and LAE at end of period

$

175,687

$

132,077

$

175,687

$

132,077