Reinsurance (Tables)

12 Months Ended

Dec. 31, 2015

Insurance [Abstract]

Schedule of the Effect of Reinsurance on Premiums Written and Earned

The effect of reinsurance on premiums written and earned in 2015, 2014 and 2013 was as follows:

	2015 Premiums						2014 Premiums						2013 Premiums
	Written			Earned			Written			Earned			Written			Earned
	(in thousands)
Gross	$	386,529		$	387,122		$	393,819		$	389,540		$	372,177		$	348,408
Ceded		(11,228	)		(11,228	)		(13,793	)		(13,793	)		(18,425	)		(18,425	)
Net premiums	$	375,301		$	375,894		$	380,026		$	375,747		$	353,752		$	329,983

Schedule of the Amounts Recoverable from Reinsurers

The amounts recoverable from reinsurers consist of the following:

	December 31,
	2015		2014
	(in thousands)
Unpaid losses recoverable:
Case basis	$	37,207	$	34,196
Incurred but not reported		27,651		25,138
Paid losses recoverable		414		424
Experience-rated commissions recoverable		25,805		26,130
Total	$	91,077	$	85,888

Schedule of Unsecured Reinsurance Recoverables from Reinsurers

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

Hannover Reinsurance (Ireland) Limited (A+)	$	35,530
Odyssey America Reinsurance Corporation (A)		12,127
Minnesota Workers’ Compensation Reinsurance Association (NR)		9,034
Tokio Millenium Reinsurance Limited (A++)		7,294
Clearwater Insurance Company (bbb)		5,610
Other reinsurers		21,482
Total reinsurance recoverables		91,077
Letters of credit and funds held		(53,572	)
Total unsecured reinsurance recoverables	$	37,505