Three Months Ended June 30,

Six Months Ended June 30,

2022

2021

2022

2021

(in thousands)

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

$

51,386

$

19,016

$

45,419

$

34,470

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

Current year

14,350

7,612

27,799

5,916

Prior years

48

(377)

1,552

(3,103)

Total incurred

14,398

7,235

29,351

2,813

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

Current year

4,399

(1,060)

5,889

620

Prior years

5,615

3,678

13,112

13,030

Total payments

10,014

2,618

19,001

13,650

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

55,769

23,633

55,769

23,633

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

107,898

145,459

107,898

145,459

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

$

163,667

$

169,092

$

163,667

$

169,092