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Unpaid Losses and Loss Adjustment Reserve (Tables)
6 Months Ended
Jun. 30, 2022
Unpaid Losses and Loss Adjustment Reserve  
Schedule of rollforward of the beginning and ending reserve balances for unpaid losses and LAE, gross of reinsurance

    

2022

Reserve for unpaid losses and LAE, at December 31, 2021

$

61,949

Reinsurance recoverables on losses and LAE

 

(56,752)

Reserve for unpaid losses and LAE reserve, net of reinsurance recoverables at December 31, 2021

5,197

Add provisions (reductions) for losses and LAE occurring in:

Current year

9,868

Prior years

(620)

Net incurred losses and LAE during the current year

9,248

Deduct payments for losses and LAE occurring in:

Current year

(4,431)

Prior years

(1,602)

Net claim and LAE payments during the current year

(6,033)

Reserve for unpaid losses and LAE, net of reinsurance recoverables, at end of period

8,412

Reinsurance recoverables on losses and LAE

71,196

Reserve for unpaid losses and LAE at March 31, 2022

79,608

Add provisions (reductions) for losses and LAE occurring in:

Current year

13,506

Prior years

979

Net incurred losses and LAE during the current year

14,485

Deduct payments for losses and LAE occurring in:

Current year

(9,118)

Prior years

(615)

Net claim and LAE payments during the current year

(9,733)

Reserve for unpaid losses and LAE, net of reinsurance recoverables, at end of period

13,164

Reinsurance recoverables on losses and LAE

75,730

Reserve for unpaid losses and LAE at June 30, 2022

$

88,894