Premiums Receivable

12 Months Ended

Dec. 31, 2022

Insurance [Abstract]

Premiums Receivable

3.Premiums Receivable

Premiums receivable consist primarily of premium-related balances due from policyholders. The balance is shown net of the allowance for credit losses. The components of premiums receivable are shown below:

	December 31,
	2022			2021
	(in thousands)
Premiums receivable	$	126,565		$	139,486
Allowance for credit losses		(4,852	)		(4,386	)
Premiums receivable, net	$	121,713		$	135,100

The following summarizes the activity in the allowance for credit losses on premiums receivable:

	December 31,
	2022			2021
	(in thousands)
Balance, beginning of year	$	4,386		$	4,791
Provision for credit loss expense		1,011			1,090
Write-offs		(545	)		(1,495	)
Balance, end of year	$	4,852		$	4,386

Included in premiums receivable at December 31, 2022, 2021 and 2020 is the Company’s estimate for EBUB premium of $8.6 million, $7.9 million and $6.3 million, respectively.