Losses and Loss Adjustment Expenses Incurred and Paid (Tables)

12 Months Ended

Dec. 31, 2013

Information regarding the reserve for unpaid losses and LAE is as follows (in thousands).


	Year Ended December 31,						Six Months Ended December 31,			Year Ended June 30,
	2013			2012			2011			2011
Liability for unpaid losses and LAE at beginning of period, gross	$	79,260		$	69,436		$	68,424		$	73,198
Reinsurance balances receivable		(260	)		(187	)		(133	)		(46	)

Liability for unpaid losses and LAE at beginning of period, net		79,000			69,249			68,291			73,152

Add: Provision for losses and LAE:
Current period		145,877			144,207			60,162			130,888
Prior periods		(3,038	)		4,016			5,591			(1,721	)

Net losses and LAE incurred		142,839			148,223			65,753			129,167

Less: Losses and LAE paid:
Current period		88,726			89,157			32,022			84,736
Prior periods		49,132			49,315			32,773			49,292

Net losses and LAE paid		137,858			138,472			64,795			134,028

Liability for unpaid losses and LAE at end of period, net		83,981			79,000			69,249			68,291
Reinsurance balances receivable		305			260			187			133

Liability for unpaid losses and LAE at end of period, gross	$	84,286		$	79,260		$	69,436		$	68,424