Loss Reserves (Tables)

3 Months Ended

Mar. 31, 2018

Insurance [Abstract]

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

The following table provides the Company’s liability for unpaid loss and loss adjustment expenses, net of related amounts recoverable from reinsurers, for the three months ended March 31, 2018 and 2017:

	Three Months Ended March 31,
	2018			2017
	(in thousands)
Balance, beginning of period	$	771,845		$	742,776
Less amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		84,889			78,256
Net balance, beginning of period		686,956			664,520
Add incurred related to:
Current accident year		62,426			62,729
Prior accident years		(9,264	)		(6,513	)
Total incurred		53,162			56,216
Less paid related to:
Current accident year		4,686			3,206
Prior accident years		47,354			45,498
Total paid		52,040			48,704
Net balance, end of period		688,078			672,032
Add amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		89,220			77,464
Balance, end of period	$	777,298		$	749,496