Reserve for Unpaid Losses (Tables)

9 Months Ended

Sep. 30, 2016

Insurance [Abstract]

Summary of Reserve for Unpaid Losses

The table below summarizes the activity related to the Company’s reserve for unpaid losses:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2016		2015			2016		2015
Balance, beginning of period	$	117,485	$	61,846		$	83,722	$	51,469
Less: reinsurance recoverable on paid losses		—		—			—		—
Net balance, beginning of period		117,485		61,846			83,722		51,469
Incurred related to:
Current year		50,746		38,258			152,372		109,070
Prior years		3,160		(2,467	)		17,291		(6,831	)
Total incurred		53,906		35,791			169,663		102,239
Paid related to:
Current year		33,330		18,721			71,383		55,399
Prior years		12,366		4,471			56,307		23,864
Total paid		45,696		23,192			127,690		79,263
Net balance, end of period		125,695		74,445			125,695		74,445
Plus: reinsurance recoverable on unpaid losses		—		—			—		—
Balance, end of period	$	125,695	$	74,445		$	125,695	$	74,445