Claims Reserve (Tables)

6 Months Ended

Jun. 30, 2017

Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid [Abstract]

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]

Summarized below are the changes in the total liability for the Company's subscription business segment:

	Six Months Ended June 30,
	2017			2016
	(in thousands)
Claims reserve at beginning of year	$	8,538		$	5,384
Claims incurred during the period related to:
Current year	74,244			58,162
Prior years	(257		)	459
Total claims incurred	73,987			58,621
Claims paid during period related to:
Current year	65,549			51,844
Prior years	7,138			5,415
Total claims paid	72,687			57,259
Non-cash claims expense	229			187
Claims reserve at end of period	$	9,609		$	6,559

The Company’s claim reserve for the subscription business segment increased $1.1 million from $8.5 million at December 31, 2016 to $9.6 million at June 30, 2017. This change was comprised of $74.0 million in claims expense incurred during the period less $72.7 million in claims expense paid during the period. The $74.0 million in claims expense incurred includes a reduction of $0.3 million to the reserves relating to prior years. The change is the result of ongoing analysis of recent claims trends. Original estimates are increased or decreased as additional information becomes known regarding individual claims.

Summarized below are the changes in total liability for the Company's other business segment:

	Six Months Ended June 30,
	2017			2016
	(in thousands)
Claims reserve at beginning of year	$	983		$	890
Claims incurred during the period related to:
Current year	6,337			4,427
Prior years	(128		)	22
Total claims incurred	6,209			4,449
Claims paid during period related to:
Current year	5,217			3,484
Prior years	764			832
Total claims paid	5,981			4,316
Non-cash claims expense	—			—
Claims reserve at end of period	$	1,211		$	1,023

The Company’s claim reserve for the other business segment increased$0.2 million from $1.0 million at December 31, 2016 to $1.2 million at June 30, 2017. This change was comprised of $6.2 million in claims expense incurred during the period less $6.0 million in claims expense paid during the period. The $6.2 million in claims expense incurred includes a reduction of $0.1 million to the reserves relating to prior years. The change is the result of ongoing analysis of recent claims trends. Original estimates are increased or decreased as additional information becomes known regarding individual claims.

IBRN plus expected development on reported claims[Table Text Block]

The total claims reserve as of June 30, 2017 for the subscription business segment relates to activity incurred during the years as follows (in thousands):

	As of June 30, 2017
Year Incurred
2015	$	229
2016	913
2017	8,467
	$	9,609

The total claims reserve as of June 30, 2017 for the other business segment relates to activity incurred during the years as follows (in thousands):

	As of June 30, 2017
Year Incurred
2015	$	2
2016	88
2017	1,121
	$	1,211