Loss Reserves (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020 and 2019:

	Three Months Ended March 31,
	2020			2019
	(in thousands)
Balance, beginning of period	$	772,887		$	798,409
Less amounts recoverable from reinsurers on unpaid    loss and loss adjustment expenses		95,343			107,216
Net balance, beginning of period		677,544			691,193
Add incurred related to:
Current accident year		57,268			61,587
Prior accident years		(13,621	)		(11,974	)
Total incurred		43,647			49,613
Less paid related to:
Current accident year		2,984			3,381
Prior accident years		43,890			43,180
Total paid		46,874			46,561
Net balance, end of period		674,317			694,245
Add amounts recoverable from reinsurers on unpaid loss    and loss adjustment expenses		104,966			106,335
Balance, end of period	$	779,283		$	800,580

Change in Allowance for Credit Losses on Amounts Recoverable from Reinsurers

The table below presents the change in the allowance for credit losses on amounts recoverable from reinsurers for the three months ended March 31, 2020.

	Three Months Ended
	March 31, 2020
	(in thousands)
Balance at January 1, 2020	$	444
Provision for credit loss expense		5
Balance at March 31, 2020	$	449