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Liability for Unpaid Losses and Loss Adjustment Expenses (Tables)
9 Months Ended
Sep. 30, 2015
Liability for Unpaid Losses and Loss Adjustment Expenses [Abstract]  
Changes in the liability for unpaid losses and LAE table
The following table represents a reconciliation of changes in the liability for unpaid losses and LAE.
 
 
Nine Months Ended
 
 
September 30,
 
 
2015
 
2014
 
 
(in millions)
Unpaid losses and LAE, gross of reinsurance, at beginning of period
 
$
2,369.7

 
$
2,330.5

Less reinsurance recoverable, excluding bad debt allowance, on unpaid losses and LAE
 
669.5

 
743.1

Net unpaid losses and LAE at beginning of period
 
1,700.2

 
1,587.4

Losses and LAE, net of reinsurance, incurred during the period related to:
 
 

 
 

Current period
 
339.7

 
379.2

Prior periods
 
1.3

 
4.0

Total net losses and LAE incurred during the period
 
341.0

 
383.2

Paid losses and LAE, net of reinsurance, related to:
 
 

 
 

Current period
 
43.9

 
44.5

Prior periods
 
274.2

 
246.3

Total net paid losses and LAE during the period
 
318.1

 
290.8

Ending unpaid losses and LAE, net of reinsurance
 
1,723.1

 
1,679.8

Reinsurance recoverable, excluding bad debt allowance, on unpaid losses and LAE
 
634.8

 
690.5

Unpaid losses and LAE, gross of reinsurance, at end of period
 
$
2,357.9

 
$
2,370.3