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Insurance Activity (Tables)
3 Months Ended
Mar. 31, 2017
Insurance [Abstract]  
Schedule of Premiums Assumed and Earned

Premiums assumed and earned are as follows for the periods ended March 31, 2017 and 2016, respectively:

 

 

Three months ended March 31, 2017

 

 

Three months ended March 31, 2016

 

Premiums assumed

$

205

 

 

$

598

 

Change in unearned premiums

 

225

 

 

 

251

 

Premiums earned

$

430

 

 

$

849

 

 

Components of Liability for Losses and Loss Adjustment Reserves

The components of the liability for losses and loss adjustment reserves are as follows as of March 31, 2017 and December 31, 2016, respectively:

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

December 31, 2016

 

Case-basis reserves

$

202

 

 

$

553

 

Premium deficiency reserves

 

421

 

 

 

258

 

Total losses and loss adjustment reserves

$

623

 

 

$

811

 

 

Summary of Losses and Loss Adjustment Reserve Activity

Losses and loss adjustment reserve activity are as follows for the three months ended March 31, 2017 and the year ended December 31, 2016, respectively:  

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2017

 

 

Year ended

December 31, 2016

 

Balance at beginning of period

$

811

 

 

$

5,063

 

Released - prior periods

 

94

 

 

 

(669

)

Paid or terminated - prior periods

 

(282

)

 

 

(3,583

)

Total losses and loss adjustment reserves

$

623

 

 

$

811