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Reinsurance
 12 Months Ended
Dec. 31, 2021
Reinsurance [Abstract]  
Reinsurance
Note 6.
Reinsurance


In accordance with general practice in the insurance industry, portions of the life, property and casualty insurance written by the Company are reinsured; however, the Company remains liable with respect to reinsurance ceded should any reinsurer be unable or unwilling to meet its obligations. Approximately 99.6% of the Company’s reinsurance recoverables were due from a single reinsurer as of December 31, 2021. Reinsurance recoverables of $27,310 were due from General Re Corporation, rated “AA+” by Standard & Poor’s and “A++” (Superior) by A.M. Best. Allowances for uncollectible amounts are established against reinsurance recoverables, if appropriate.



The effects of reinsurance on premiums written, premiums earned and insurance benefits and losses incurred were as follows:

   
2021
    
2020
  
Direct premiums written
  
$
236,682
    
$
239,687
  
Assumed premiums written
    
22,111
      
23,253
  
Ceded premiums written
    
(73,521
)
    
(77,622
)
Net premiums written
  
$
185,272
    
$
185,318
  
                 
Direct premiums earned
  
$
235,806
    
$
238,209
  
Assumed premiums earned
    
22,076
      
23,144
  
Ceded premiums earned
    
(73,666
)
    
(77,814
)
Net premiums earned
  
$
184,216
    
$
183,539
  
                 
Provision for benefits and losses incurred
  
$
190,591
    
$
175,825
  
Reinsurance loss recoveries
    
(58,897
)
    
(55,949
)
Insurance benefits and losses incurred
  
$
131,694
    
$
119,876
  


Components of reinsurance receivables at December 31, 2021 and 2020 were as follows:

   
2021
    
2020
  
Recoverable on unpaid losses
  
$
17,690
    
$
17,600
  
Recoverable on unpaid benefits
    
8,169
      
9,832
  
Recoverable on paid losses
    
499
      
447
  
Ceded unearned premiums
    
819
      
963
  
Ceded advanced premiums
    
239
      
244
  
Total reinsurance receivables
  
$
27,416
    
$
29,086