Reserve for Known and Incurred but Not Reported Claims (Tables)

12 Months Ended

Dec. 31, 2013

Activity In Reserve for Known And Incurred But Not Reported Claims

Activity in the reserve for known and incurred but not reported claims is summarized as follows:

	December 31,
	2013			2012		2011
	(in thousands)
Balance at beginning of year	$	976,462		$	1,014,676	$	1,108,238
Provision related to:
Current year		380,723			335,097		308,425
Prior years		149,633			62,620		111,711
		530,356			397,717		420,136
Payments, net of recoveries, related to:
Current year		182,653			160,138		149,004
Prior years		296,657			285,848		354,430
		479,310			445,986		503,434
Other		(9,143	)		10,055		(10,264	)
Balance at end of year	$	1,018,365		$	976,462	$	1,014,676

Summary Of Loss Reserves

A summary of the Company’s loss reserves, broken down into its components of known title claims, incurred but not reported claims and non-title claims, follows:

(in thousands, except percentages)	December 31, 2013				December 31, 2012
Known title claims	$	135,478	13.3	%	$	133,070	13.6	%
IBNR		840,104	82.5	%		805,430	82.5	%
Total title claims		975,582	95.8	%		938,500	96.1	%
Non-title claims		42,783	4.2	%		37,962	3.9	%
Total loss reserves	$	1,018,365	100.0	%	$	976,462	100.0	%