SCHEDULE III -- SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2018

SCHEDULE III -- SUPPLEMENTARY INSURANCE INFORMATION [Abstract]

SCHEDULE III -- SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III

PROTECTIVE INSURANCE CORPORATION AND SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

(in thousands)

	As of December 31								Year Ended December 31
Segment	Deferred Policy Acquisition Costs		Reserves for Unpaid Claims and Claim Adjustment Expenses		Unearned Premiums		Other Policy Claims and Benefits Payable		Net Premium Earned		Net Investment Income		Benefits, Claims, Losses and Settlement Expenses		Amortization of Deferred Policy Acquisition Costs		Other Operating Expenses		Net Premiums Written
											(A)		(A)				(A) (B)
Property/Casualty Insurance
2018	$	6,568	$	865,339	$	71,625		–	$	432,880	$	22,048	$	345,864	$	78,105	$	23,514	$	444,398
2017		5,608		680,274		53,085		–		328,145		18,095		247,518		70,574		14,043		353,389
2016		1,172		576,330		21,694		–		276,011		14,483		186,481		51,597		8,180		271,752

(A) Allocations of certain expenses have been made to investment income, settlement expenses and other operating expenses and are based on a number of assumptions and estimates.  Results among these categories would change if different methods were applied.

(B) Commission allowances relating to reinsurance ceded are offset against other operating expenses.