Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

3 Months Ended

Mar. 31, 2019

Reserves for Unpaid Losses and Loss Adjustment Expenses [Abstract]

Summary of Activity in Reserves for Unpaid Losses and LAE

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

	March 31,		March 31,
	2019		2018
Balance at January 1	$	527,247	$	527,100
Less reinsurance recoverable		221,716		154,612
Net balance at January 1		305,531		372,488
Incurred related to:
Current year		70,153		64,205
Prior years		(66)		(530)
Total incurred		70,087		63,675
Paid related to:
Current year		12,633		13,829
Prior years		60,581		72,432
Total paid		73,214		86,261
Net balance at March 31		302,404		349,902
Plus reinsurance recoverable		227,822		179,782
Balance at March 31	$	530,226	$	529,684

Impact of Net Prior Years Loss Development by Segment

	March 31,
	2019		2018
Specialty Commercial Segment	$	1,926	$	1,012
Standard Commercial Segment		(1,805)		(1,053)
Personal Segment		(187)		(489)
Corporate		—		—
Total (favorable) net prior year development	$	(66)	$	(530)