Liabilities for Unpaid Losses, Claims and Loss Adjustment Expenses (Tables)

9 Months Ended

Sep. 30, 2019

Liabilities for Unpaid Losses, Claims and Loss Adjustment Expenses [Abstract]

Roll-forward of Liabilities for Unpaid Losses, Claims and Loss Adjustment Expenses

The roll-forward of liabilities for unpaid losses, claims and loss adjustment expenses for the nine months ended September 30, 2019 and 2018 is as follows:

	Nine Months Ended September 30,
	2019			2018
Beginning liabilities for unpaid losses, claims and loss adjustment expenses, gross	$	72,612		$	65,689
Less: Reinsurance recoverable on unpaid losses		(14,354	)		(11,968	)
Beginning liabilities for unpaid losses, claims and loss adjustment expenses, net		58,258			53,721
Incurred related to:
Current accident year		103,017			96,424
Prior accident year development		(629	)		(1,049	)
Total incurred		102,388			95,375
Paid related to:
Current accident year		66,682			62,598
Prior accident years		34,314			28,950
Total paid		100,996			91,548
Ending liabilities for unpaid losses, claims and loss adjustment expenses, net		59,650			57,548
Plus: Reinsurance recoverable on unpaid losses		16,611			14,268
Ending liabilities for unpaid losses, claims and loss adjustment expenses, gross	$	76,261		$	71,816

Reconciliation of Total Incurred Losses to Total Insurance Benefits and Losses

Following is a reconciliation of total incurred losses to total insurance benefits and losses incurred for the nine months ended September 30, 2019 and 2018:

	Nine Months Ended September 30,
	2019		2018
Total incurred losses	$	102,388	$	95,375
Cash surrender value and matured endowments		1,020		1,057
Benefit reserve changes		769		2,046
Total insurance benefits and losses incurred	$	104,177	$	98,478