HISTORICAL LOSS AND LAE DEVELOPMENT (Tables)

6 Months Ended

Jun. 30, 2018

HISTORICAL LOSS AND LAE DEVELOPMENT

Schedule of reconciliation of unpaid losses and settlement expenses (LAE)

	For the Six-Month Periods
	Ended June 30,
(in thousands)	2018		2017
Unpaid losses and LAE at beginning of year
Gross	$	1,271,503	$	1,139,337
Ceded		(301,991)		(288,224)
Net	$	969,512	$	851,113
Increase (decrease) in incurred losses and LAE
Current accident year	$	222,121	$	203,371
Prior accident years		(28,047)		(19,634)
Total incurred	$	194,074	$	183,737
Loss and LAE payments for claims incurred
Current accident year	$	(16,805)	$	(18,732)
Prior accident year		(118,650)		(113,501)
Total paid	$	(135,455)	$	(132,233)
Net unpaid losses and LAE at June 30,	$	1,028,131	$	902,617
Unpaid losses and LAE at June 30,
Gross	$	1,343,248	$	1,183,185
Ceded		(315,117)		(280,568)
Net	$	1,028,131	$	902,617