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Liabilities for Unpaid Losses, Claims and Loss Adjustment Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Liabilities for Unpaid Losses, Claims and Loss Adjustment Expenses [Roll Forward]    
Beginning liabilities for unpaid losses, claims and loss adjustment expenses, gross $ 79,147 $ 81,448
Less: Reinsurance recoverable on unpaid losses (17,600) (18,339)
Beginning liabilities for unpaid losses, claims and loss adjustment expenses, net 61,547 63,109
Incurred related to [Abstract]    
Current accident year 32,928 35,985
Prior accident year development [1] 475 [2] (2,583) [3]
Total incurred 33,403 33,402
Paid related to [Abstract]    
Current accident year 10,917 14,008
Prior accident years 20,984 20,856
Total paid 31,901 34,864
Ending liabilities for unpaid losses, claims and loss adjustment expenses, net 63,049 61,647
Plus: Reinsurance recoverable on unpaid losses 18,236 18,548
Ending liabilities for unpaid losses, claims and loss adjustment expenses, gross 81,285 80,195
Reconciliation of total incurred claims to total insurance benefits and losses incurred [Abstract]    
Total incurred losses 33,403 33,402
Cash surrender value and matured endowments 247 368
Benefit reserve changes (378) (187)
Total insurance benefits and losses incurred $ 33,272 $ 33,583
[1] In establishing property and casualty reserves, the Company initially reserves for losses at the higher end of the reasonable range if no other value within the range is determined to be more probable. Selection of such an initial loss estimate is an attempt by management to give recognition that initial claims information received generally is not conclusive with respect to legal liability, is generally not comprehensive with respect to magnitude of loss and generally, based on historical experience, will develop more adversely as time passes and more information becomes available. Accordingly, the Company generally experiences reserve redundancies when analyzing the development of prior year losses in a current period.
[2] Prior years' development was primarily the result of unfavorable development in the loss and claim reserves for the Medicare supplement line of business in Bankers Fidelity. Partially offsetting the unfavorable development was favorable development in the property and casualty operations.
[3] Prior years' development was primarily the result of favorable development in the loss and claim reserves for the Medicare supplement line of business in Bankers Fidelity. Rate increases on existing business and the resultant improvement in rate adequacy was more favorable than expected.