Loss Reserves (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2018 and 2017:

	Nine Months Ended September 30,
	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		186,964			178,562
Prior accident years		(34,128	)		(27,524	)
Total incurred		152,836			151,038
Less paid related to:
Current accident year		37,901			31,749
Prior accident years		115,194			108,284
Total paid		153,095			140,033
Net balance, end of period		686,697			675,525
Add amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		104,432			79,501
Balance, end of period	$	791,129		$	755,026