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Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses for Property and Casualty Insurance (Table Text Block)
12 Months Ended
Mar. 31, 2014
Table Text Block [Abstract]  
Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses for Property and Casualty Insurance
Activity in the liability for unpaid losses and loss adjustment expenses for our Property and Casualty Insurance operating segment is summarized as follows:
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
 
 
(In thousands)
Balance at January 1
$
330,093
$
382,328
$
276,355
Less: reinsurance recoverable
 
176,439
 
223,865
 
167,315
Net balance at January 1
 
153,654
 
158,463
 
109,040
Incurred related to:
 
 
 
 
 
 
Current year
 
9,861
 
8,962
 
9,297
Prior years
 
1,652
 
7,036
 
56,445
Total incurred
 
11,513
 
15,998
 
65,742
Paid related to:
 
 
 
 
 
 
Current year
 
5,226
 
4,405
 
5,049
Prior years
 
1,350
 
16,402
 
11,270
Total paid
 
6,576
 
20,807
 
16,319
Net balance at December 31
 
158,591
 
153,654
 
158,463
Plus: reinsurance recoverable
 
136,535
 
176,439
 
223,865
Balance at December 31
$
295,126
$
330,093
$
382,328