Loss Reserves (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019 and 2018:

	Nine Months Ended September 30,
	2019			2018
	(in thousands)
Balance, beginning of period	$	798,409		$	771,845
Less amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		107,216			84,889
Net balance, beginning of period		691,193			686,956
Add incurred related to:
Current accident year		181,693			186,964
Prior accident years		(38,886	)		(34,128	)
Total incurred		142,807			152,836
Less paid related to:
Current accident year		35,512			37,901
Prior accident years		105,590			115,194
Total paid		141,102			153,095
Net balance, end of period		692,898			686,697
Add amounts recoverable from reinsurers    on unpaid loss and loss adjustment expenses		97,914			104,432
Balance, end of period	$	790,812		$	791,129