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Reinsurance
 9 Months Ended
Dec. 27, 2014
Insurance [Abstract]  
Reinsurance
Reinsurance
Standard Casualty is primarily a specialty writer of manufactured home physical damage insurance. Certain of Standard Casualty's premiums and benefits are assumed from and ceded to other insurance companies under various reinsurance agreements. The ceded reinsurance agreements provide Standard Casualty with increased capacity to write larger risks and maintain its exposure to loss within its capital resources. Standard Casualty remains obligated for amounts ceded in the event that the reinsurers do not meet their obligations. Substantially all of Standard Casualty's assumed reinsurance is with one entity.
The effects of reinsurance on premiums written and earned are as follows (in thousands):
 
Three Months Ended
 
December 27, 2014
 
December 28, 2013
 
Written
 
Earned
 
Written
 
Earned
Direct premiums
$
3,162

 
$
3,287

 
$
3,319

 
$
3,317

Assumed premiums—nonaffiliate
4,463

 
4,823

 
3,754

 
3,925

Ceded premiums—nonaffiliate
(2,518
)
 
(2,518
)
 
(2,536
)
 
(2,536
)
Net premiums
$
5,107

 
$
5,592

 
$
4,537

 
$
4,706



 
Nine Months Ended
 
December 27, 2014
 
December 28, 2013
 
Written
 
Earned
 
Written
 
Earned
Direct premiums
$
9,926

 
$
9,551

 
$
9,060

 
$
7,847

Assumed premiums—nonaffiliate
14,713

 
13,835

 
12,067

 
11,141

Ceded premiums—nonaffiliate
(7,275
)
 
(7,275
)
 
(5,995
)
 
(5,995
)
Net premiums
$
17,364

 
$
16,111

 
$
15,132

 
$
12,993


Typical insurance policies written or assumed by Standard Casualty have a maximum coverage of $300,000 per claim, of which Standard cedes $225,000 of the risk of loss per reinsurance. Therefore, Standard Casualty maintains risk of loss limited to $75,000 per claim on typical policies. Amounts are recoverable by Standard Casualty through reinsurance for catastrophic losses in excess of $1.0 million per occurrence up to a maximum of $20.0 million in the aggregate.