XML 25 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Unpaid Loss and Loss Adjustment Expenses (Tables)
12 Months Ended
Dec. 31, 2014
Property, Liability and Casualty Insurance Product Line [Member]  
Liability for Future Policy Benefit, by Product Segment [Line Items]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]
The results of this comparison and the changes in the provision for property and casualty unpaid loss and loss adjustment expenses, net of amounts recoverable from reinsurers, as of December 31, 2014 and December 31, 2013 were as follows:
 
 
 
 
December 31,

(in thousands)
 
2014

 
2013

Balance at beginning of period, gross
 
$
84,534

 
$
103,116

Less reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses
 
7,942

 
5,478

Balance at beginning of period, net
 
76,592

 
97,638

Incurred related to:
 
 
 
 

      Current year
 
84,577

 
81,906

      Prior years
 
(5,123
)
 
(1,180
)
Paid related to:
 
 
 
 

      Current year
 
(52,521
)
 
(48,346
)
      Prior years
 
(42,428
)
 
(53,426
)
Disposal of unpaid loss and loss adjustment expenses related to PIH
 
(405
)
 

Balance at end of period, net
 
60,692

 
76,592

Plus reinsurance recoverable related to property and casualty unpaid loss and loss adjustment expenses
 
3,203

 
7,942

Balance at end of period, gross
 
$
63,895

 
$
84,534

Service Agreements [Member]  
Liability for Future Policy Benefit, by Product Segment [Line Items]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]
(b) Vehicle Service Agreements
The results of the comparison and the changes in the provision for vehicle service agreement unpaid loss and loss adjustment expenses as of December 31, 2014 and December 31, 2013 were as follows:
 
 
 
 
December 31,

(in thousands)
 
2014

 
2013

Balance at beginning of period
 
$
3,128

 
$
3,448

Incurred related to:
 
 
 
 
      Current year
 
6,773

 
6,827

      Prior years
 

 

Paid related to:
 
 
 
 
      Current year
 
(6,866
)
 
(7,066
)
      Prior years
 
(60
)
 
(81
)
Balance at end of period
 
$
2,975

 
$
3,128