Loss Reserves (Tables)

9 Months Ended

Sep. 30, 2017

Insurance [Abstract]

Liability for Unpaid Claims and Claim Adjustment Expenses, Net of Related Amounts Recoverable from Reinsurers

The following table provides the Company’s liability for unpaid claims and claim adjustment expenses, net of related amounts recoverable from reinsurers, for nine months ended September 30, 2017 and 2016:

	Nine Months Ended September 30,
	2017			2016
	(in thousands)
Balance, beginning of period	$	742,776		$	718,033
Less amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		78,256			64,858
Net balance, beginning of period		664,520			653,175
Add incurred related to:
Current accident year		178,562			187,819
Prior accident years		(27,524	)		(41,406	)
Total incurred		151,038			146,413
Less paid related to:
Current accident year		31,749			31,209
Prior accident years		108,284			108,485
Total paid		140,033			139,694
Net balance, end of period		675,525			659,894
Add amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		79,501			76,382
Balance, end of period	$	755,026		$	736,276