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Insurance Activity (Tables)
6 Months Ended
Jun. 30, 2012
Insurance Activity [Abstract]  
Schedule of Premiums assumed and earned
                                                 
    Successor          Predecessor     Successor          Predecessor     Predecessor  
    Three Months
Ended June 30,
2012
         Three Months
Ended June 30,
2011
    Period from
March 20, 2012
through June 30,
2012
         Period from
January 1,
2012 through
March 19,
2012
    Six Months
ended June 30,
2011
 

Premiums assumed

  $ 5,224         $ 8,831     $ 6,235         $ 6,130     $ 17,938  

Change in unearned premiums

    44           54       52           47       118  
   

 

 

       

 

 

   

 

 

       

 

 

   

 

 

 

Premiums earned

  $ 5,268         $ 8,885     $ 6,287         $ 6,177     $ 18,056  
   

 

 

       

 

 

   

 

 

       

 

 

   

 

 

 
Components of the liability for losses and loss adjustment reserves
                     
    Successor          Predecessor  
    June 30,
2012
         December 31,
2011
 

Case-basis reserves

  $ 114,401         $ 132,970  

IBNR reserves

    5,430           6,049  

Premium deficit reserves

    12,827           3,100  
   

 

 

       

 

 

 

Total

  $ 132,658         $ 142,119  
   

 

 

       

 

 

 
Summary of Losses and loss adjustment reserve activity
                     
    Successor          Predecessor  
    June 30,
2012
         December 31,
2011
 

Balance at beginning of period

  $ 142,119         $ 190,036  

Incurred - prior periods

    21,504           47,321  

Paid - prior periods

    (30,965         (95,238
   

 

 

       

 

 

 

Total

  $ 132,658         $ 142,119