Reinsurance (Tables)

12 Months Ended

Dec. 31, 2012

Reinsurance [Abstract]

Reconciliation of premiums written to premiums earned and summary of components of insurance benefits and losses incurred

The following table reconciles premiums written to premiums earned and summarizes the components of insurance benefits and losses incurred.

	2012			2011
Direct premiums written	$	130,402		$	111,755
Plus – premiums assumed		3,003			4,499
Less – premiums ceded		(7,671	)		(6,550	)
Net premiums written		125,734			109,704
Change in unearned premiums		1,009			(2,233	)
Net premiums earned	$	126,743		$	107,471
Provision for benefits and losses incurred	$	99,026		$	80,774
Reinsurance loss recoveries		(9,209	)		(7,160	)
Insurance benefits and losses incurred	$	89,817		$	73,614

Components of reinsurance receivables

Components of reinsurance receivables were as follows:

	2012		2011
Receivable on unpaid losses	$	18,743	$	15,673
Receivable on paid losses		25		-
Total reinsurance receivables	$	18,768	$	15,673