Reinsurance (Tables)

12 Months Ended

Dec. 31, 2022

Insurance [Abstract]

Schedule of the Effect of Reinsurance on Premiums Written and Earned

The effect of reinsurance on premiums written and earned in 2022, 2021 and 2020 was as follows:

	2022 Premiums						2021 Premiums						2020 Premiums
	Written			Earned			Written			Earned			Written			Earned
	(in thousands)
Gross	$	276,110		$	282,225		$	278,294		$	286,462		$	303,090		$	314,703
Ceded		(10,527	)		(10,527	)		(10,469	)		(10,469	)		(10,276	)		(10,276	)
Net premiums	$	265,583		$	271,698		$	267,825		$	275,993		$	292,814		$	304,427

Schedule of the Amounts Recoverable from Reinsurers

The amounts recoverable from reinsurers consist of the following:

	December 31,
	2022			2021
	(in thousands)
Unpaid losses recoverable:
Case basis	$	81,273		$	101,249
Incurred but not reported		31,282			18,017
Paid losses recoverable		12,440			778
Experience-rated commissions recoverable		1,054			957
Allowance for credit losses		(372	)		(440	)
Total	$	125,677		$	120,561

Schedule of Unsecured Reinsurance Recoverables from Reinsurers

Reinsurer		A.M. Best Rating	Amounts Recoverable as of December 31, 2022
			(in thousands)
Hannover Reinsurance Ireland Limited	(1)	A+	$	63,987
Arch Reinsurance Company	(1)	A+		11,358
Allianz Risk Transfer AG (Bermuda)		A+		9,489
Minnesota Workers' Compensation Reinsurance Association	(1)	NR		8,567
Odyssey America Reinsurance Corporation		A		6,516
Other reinsurers				26,132
Total amounts recoverable from reinsurers				126,049
Allowance for credit losses				(372	)
Total amounts recoverable from reinsurers net of allowance for credit losses				125,677
Funds withheld and letters of credit related to the above recoverables				(80,549	)
Total unsecured amounts recoverable from reinsurers			$	45,128

(1)Current participant in our 2023 reinsurance program.

Change in Allowance for Credit Losses on Amounts Recoverable from Reinsurers

The table below presents the change in the allowance for credit losses on amounts recoverable from reinsurers for the years ended December 31, 2022 and 2021.

	Year Ended
	December 31,
	2022			2021
	(in thousands)
Balance, beginning of period	$	440		$	452
Provision for credit loss benefit		(68	)		(12	)
Balance, end of period	$	372		$	440