REINSURANCE (Tables)

9 Months Ended

Sep. 30, 2018

Reinsurance Disclosures [Abstract]

Reinsurance Recoverables

Reinsurance recoverable, net consisted of the following:

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	September 30,		December 31,
	2018		2017
	(In thousands)
Reinsurance recoverable on paid losses	$	42,664	$	26,256
Reinsurance recoverable on unpaid losses	92,072		98,345
Reinsurance recoverable, net	$	134,736	$	124,601

Premiums Written and Earned

Net premiums written and net premiums earned consisted of the following:

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	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
	(In thousands)
Net Premiums Written
Direct	$	139,022		$	154,782		$	440,151		$	469,525
Ceded	(81,023		)	(146,522		)	(177,604		)	(249,248		)
	$	57,999		$	8,260		$	262,547		$	220,277
Net Premiums Earned
Direct	$	144,907		$	152,779		$	438,239		$	451,320
Ceded	(46,414		)	(72,015		)	(174,080		)	(205,342		)
	$	98,493		$	80,764		$	264,159		$	245,978