Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

12 Months Ended

Dec. 31, 2014

Reserves for Unpaid Losses and Loss Adjustment Expenses [Abstract]

Activity in the Reserves for Unpaid Losses and Loss Adjustment Expense

Activity in the reserves for unpaid losses and LAE is summarized as follows (in thousands):

		2014		2013		2012
Balance at January 1	$	382,640	$	313,416	$	296,945
Less reinsurance recoverable		70,172		49,584		42,044
Net Balance at January 1		312,468		263,832		254,901
Incurred related to:
Current year		215,258		251,391		230,089
Prior years		(5,203)		9,954		(3,675)
Total incurred		210,055		261,345		226,414
Paid related to:
Current year		76,231		101,897		107,945
Prior years		123,100		110,812		109,538
Total paid		199,331		212,709		217,483
Net Balance at December 31		323,192		312,468		263,832
Plus reinsurance recoverable		91,943		70,172		49,584
Balance at December 31	$	415,135	$	382,640	$	313,416