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Loss and Loss Adjustment Expense Reserves (Tables)
9 Months Ended
Sep. 30, 2023
Loss And Loss Adjustment Expense Reserves  
Schedule of Changes in Outstanding Loss and Loss Adjustment Expense Reserves

A summary of changes in outstanding loss and loss adjustment expense reserves for the nine months ended September 30, 2023 and 2022, is as follows:

 

   2023   2022 
(in thousands)  Nine months ended September 30, 
   2023   2022 
Balance, beginning of period, net of reinsurance  $4,409   $2,133 
Incurred related to:          
Current year   5,420    4,984 
Prior year   661    814 
Paid related to:          
Current year   (3,675)   (2,568)
Prior years   (903)   (1,230)
Balance, September 30, net of reinsurance  $5,912   $4,133