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Premiums Receivable (Tables)
12 Months Ended
Dec. 31, 2023
Insurance [Abstract]  
Components of Premiums Receivable The components of premiums receivable are shown below:

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Premiums receivable

 

$

137,535

 

 

$

126,565

 

Allowance for credit losses

 

 

(4,674

)

 

 

(4,852

)

Premiums receivable, net

 

$

132,861

 

 

$

121,713

 

Summary of Activity in Allowance for Credit Losses

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

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Balance, beginning of year

 

$

4,852

 

 

$

4,386

 

Provision for credit loss expense

 

 

648

 

 

 

1,011

 

Write-offs

 

 

(826

)

 

 

(545

)

Balance, end of year

 

$

4,674

 

 

$

4,852