Reinsurance (Tables)

12 Months Ended

Dec. 31, 2013

Insurance [Abstract]

Schedule of the Effect of Reinsurance on Premiums Written and Earned

The effect of reinsurance on premiums written and earned in 2013, 2012 and 2011 was as follows:

	2013 Premiums				2012 Premiums				2011 Premiums
	Written		Earned		Written		Earned		Written		Earned
	(In thousands)
Gross	$	372,177	$	348,408	$	328,823	$	306,994	$	272,101	$	264,896
Ceded		(18,425)		(18,425)		(16,305)		(16,305)		(13,881)		(13,881)
Net premiums	$	353,752	$	329,983	$	312,518	$	290,689	$	258,220	$	251,015

Schedule of the Amounts Recoverable from Reinsurers

The amounts recoverable from reinsurers consist of the following:

	December 31,
	2013		2012
	(In thousands)
Unpaid losses recoverable:
Case basis	$	31,850	$	31,105
Incurred but not reported		16,849		24,085
Paid losses recoverable		497		746
Experience-rated commissions recoverable		26,130		45,416
Total	$	75,326	$	101,352

Schedule of Unsecured Reinsurance Recoverables from Reinsurers

The A.M. Best Company rating for the reinsurer is shown parenthetically.

Hannover Reinsurance (Ireland) Limited (A+)	$	23,956
Odyssey America Reinsurance Corporation (A)		12,045
Minnesota Workers’ Compensation Reinsurance Association (NR)		6,784
Tokio Millenium Reinsurance Limited (A++)		6,246
Clearwater Insurance Company (bbb)		5,693
Other reinsurers		20,602
Total reinsurance recoverables		75,326
Letters of credit and funds held		(39,333)
Total unsecured reinsurance recoverables	$	35,993