XML 79 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Premiums Receivable (Tables)
 6 Months Ended
Jun. 30, 2020
Credit Loss [Abstract]  
Premium Receivable, Allowance for Credit Loss [Table Text Block]
Rollforward of ACL on Premiums Receivable and Agents' Balances
 
Three Months Ended June 30, 2020
 
Six Months Ended June 30, 2020

Premiums Receivable and Agents' Balances, Excluding Receivables for Loss within a Deductible and Retrospectively-Rated Policy Premiums

Receivables for Loss within a Deductible and Retrospectively-Rated Policy Premiums

Total

 
Premiums Receivable and Agents' Balances, Excluding Receivables for Loss within a Deductible and Retrospectively-Rated Policy Premiums

Receivables for Loss within a Deductible and Retrospectively-Rated Policy Premiums

Total

Beginning ACL
$
(98
)
$
(41
)
$
(139
)
 
$
(85
)
$
(60
)
$
(145
)
Cumulative effect of accounting change [1]
—

—

—

 
2

21

23

Adjusted beginning ACL
(98
)
(41
)
(139
)
 
(83
)
(39
)
(122
)
Current period provision
(48
)
(3
)
(51
)
 
(76
)
(5
)
(81
)
Current period gross write-offs
8

—

8

 
23

—

23

Current period gross recoveries
(1
)
—

(1
)
 
(3
)
—

(3
)
Ending ACL
$
(139
)
$
(44
)
$
(183
)
 
$
(139
)
$
(44
)
$
(183
)

[1]
Represents the adjustment to the ACL recorded on adoption of accounting guidance for credit losses on January 1, 2020. For further information refer to Note 1 - Basis of Presentation and Significant Accounting Policies of Notes to Condensed Consolidated Financial Statements.
Premiums Receivable and Agents' Balances
 
As of June 30, 2020
Premiums receivable, excluding receivables for losses within a deductible and retrospectively-rated policy premiums
$
4,177

Receivables for loss within a deductible and retrospectively-rated policy premiums, by credit quality:
 
AAA
—

AA
141

A
61

BBB
222

BB
104

Below BB
73

Total receivables for losses within a deductible and retrospectively-rated policy premiums
601

 
 
Total Premiums Receivable and Agents' Balances, Gross
4,778

ACL
(183
)
Total Premiums Receivable and Agents' Balances, Net of ACL
$
4,595