Unpaid losses and LAE (Tables)

6 Months Ended

Jun. 30, 2014

Unpaid losses and LAE [Abstract]

Summary of activity in the liability for unpaid losses and LAE

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

	Period Ending
	June 30, 2014			December 31, 2013
	(Dollars in Thousands)
Balance at January 1	$	61,016		$	49,908
Less reinsurance recoverables		(2,742	)		(3,503	)
Net balance at January 1	$	58,274		$	46,405
Incurred related to
Current year	$	41,932		$	56,209
Prior years		3,418			201
Total incurred	$	45,350		$	56,410
Paid related to
Current year	$	11,291		$	22,695
Prior years		24,219			21,846
Total paid	$	35,510		$	44,541
Net balance at period end	$	68,114		$	58,274
Plus reinsurance recoverables		2,921			2,742
Balance as of June 30, 2014	$	71,035		$	61,016