Reserves (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Most Significant Claims and Benefits Payable

The following table provides a roll forward of the Company's beginning and ending claims and benefits payable balances. Claims and benefits payable is the liability for unpaid loss and loss adjustment expenses and is comprised of case and IBNR reserves.

Since unpaid loss and loss adjustment expenses are estimates, the Company's actual losses incurred may be more or less than the Company's previously developed estimates, which is referred to as either unfavorable or favorable development.



	Years Ended December 31,
	2016			2015			2014
Claims and benefits payable, at beginning of year	$	1,719,916		$	1,717,938		$	1,679,730
Less: Reinsurance ceded and other	(384,297		)	(344,742		)	(272,687		)
Net claims and benefits payable, at beginning of year	1,335,619			1,373,196			1,407,043
Incurred losses and loss adjustment expenses related to:
Current year	181,588			721,099			728,099
Prior year's interest	9,382			56,661			58,472
Prior year (s)	(40,350		)	(35,026		)	(50,065		)
Total incurred losses and loss adjustment expenses	150,620			742,734			736,506
Paid losses and loss adjustment expenses related to:
Current year	177,218			444,567			436,752
Prior year (s)	1,297,926			335,744			333,601
Total paid losses and loss adjustment expenses	1,475,144			780,311			770,353
Net claims and benefits payable, at end of year	11,095			1,335,619			1,373,196
Plus: Reinsurance ceded and other	1,401,777			384,297			344,742
Claims and benefits payable, at end of year	$	1,412,872		$	1,719,916		$	1,717,938