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Insurance Activity (Tables)
3 Months Ended
Mar. 31, 2018
Insurance [Abstract]  
Schedule of Premiums Assumed and Earned

Premiums assumed and earned are as follows for the periods ended March 31, 2018 and 2017, respectively:

 

 

Three months ended March 31, 2018

 

 

Three months ended March 31, 2017

 

Premiums (released) assumed

$

(16

)

 

$

205

 

Change in unearned premiums

 

39

 

 

 

225

 

Premiums earned

$

23

 

 

$

430

 

 

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, 2018 and December 31, 2017, respectively:

 

March 31, 2018

 

 

December 31, 2017

 

Case-basis reserves

$

12

 

 

$

151

 

IBNR reserves

 

1

 

 

 

1

 

Premium deficiency reserves

 

395

 

 

 

322

 

Total losses and loss adjustment reserves

$

408

 

 

$

474

 

 

Summary of Losses and Loss Adjustment Reserve Activity

Losses and loss adjustment reserve activity are as follows for the three months ended March 31, 2018 and the year ended December 31, 2017, respectively:  

 

 

 

 

 

 

 

 

 

Three months ended

March 31, 2018

 

 

Year ended

December 31, 2017

 

Balance at beginning of period

$

474

 

 

$

811

 

Incurred - prior periods

 

62

 

 

 

19

 

Paid or terminated - prior periods

 

(128

)

 

 

(356

)

Total losses and loss adjustment reserves

$

408

 

 

$

474