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Unpaid Losses and Loss Adjustment Reserve (Tables)
 9 Months Ended
Sep. 30, 2023
Liability for Claims and Claims Adjustment Expense [Abstract]  
Schedule of changes in the reserve balances for unpaid losses and LAE, gross of reinsurance
The following table summarizes the changes in the reserve balances for unpaid losses and LAE, gross of reinsurance, for the nine months ended September 30, 2023:
Reserve for unpaid losses and LAE at December 31, 2022$100,632
Reinsurance recoverables on losses and LAE at December 31, 2022(76,999)
Reserve for unpaid losses and LAE reserve, net of reinsurance recoverables at December 31, 202223,633
Add provisions (reductions) for losses and LAE occurring in:
Current year (1)
182,010
Prior years1,486
Net incurred losses and LAE during the current year183,496
Deduct payments for losses and LAE occurring in:
Current year(85,481)
Prior years(17,645)
Net claim and LAE payments during the current year (103,126)
Reserve for losses and LAE, net of reinsurance recoverables at September 30, 2023104,003
Reinsurance recoverables on losses and LAE at September 30, 202325,772
Reserve for unpaid losses and LAE at September 30, 2023$129,775
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(1)Also includes certain charges related to Vesttoo (see Note 10).