Unpaid losses and LAE (Tables)

6 Months Ended

Jun. 30, 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.

	Six Months			Year Ended
	Ended June 30,			December 31,
	2013			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	$	22,013		$	31,636
Prior years		134			(1,427	)
Total incurred	$	22,147		$	30,209
Paid related to
Current year	$	7,241		$	15,892
Prior years		15,972			25,807
Total paid	$	23,213		$	41,699
Net balance at period end	$	45,339		$	46,405
Plus reinsurance recoverables		3,545			3,503
Balance at period end	$	48,884		$	49,908