Unpaid losses and LAE (Tables)

3 Months Ended

Mar. 31, 2013

Unpaid losses and LAE [Abstract]

Schedule of liability for future insurance policy benefits

Activity in the liability for unpaid losses and LAE is summarized as follows.

	Three Months Ended			Twelve Months Ended
	March 31, 2013			December 31, 2012
	(Dollars in Thousands)
Balance at January 1	$	49,908		$	59,983
Less reinsurance recoverables		(3,503	)		(2,088	)
Net balance at January 1	$	46,405		$	57,895
Incurred related to
Current year	$	10,126		$	31,636
Prior years		(805	)		(1,427	)
Total incurred	$	9,321		$	30,209
Paid related to
Current year	$	1,867		$	15,892
Prior years		9,880			25,807
Total paid	$	11,747		$	41,699
Net balance at period end	$	43,979		$	46,405
Plus reinsurance recoverables		3,586			3,503
Balance at period end	$	47,565		$	49,908