Three Months Ended September 30,

Nine Months Ended September 30,

2022

2021

2022

2021

(in thousands)

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

$

55,769

$

23,633

$

45,419

$

34,470

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

Current year

30,904

28,286

58,703

34,202

Prior years

(4)

189

1,548

(2,914)

Total incurred

30,900

28,475

60,251

31,288

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

Current year

7,873

2,787

13,762

3,407

Prior years

4,548

2,678

17,660

15,708

Total payments

12,421

5,465

31,422

19,115

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

74,248

46,643

74,248

46,643

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

131,575

129,044

131,575

129,044

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

$

205,823

$

175,687

$

205,823

$

175,687