Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill

There were no changes in the carrying amount of goodwill during the three and nine months ended September 30, 2020 and 2019. No accumulated goodwill impairment losses exist. Goodwill is reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three and nine months ended September 30, 2020 and 2019. All of the Company's goodwill is associated with the Property and Casualty business segment (See Note 13. Segment Information for additional information on the reportable business segment).

Other Intangible Assets

The following table presents the components of other intangible assets:

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Useful Lives
	(Amounts in thousands)						(in years)
As of September 30, 2020:
Customer relationships	$	53,213	$	(52,534)	$	679	11
Trade names	15,400		(7,540)		7,860		24
Technology	4,300		(4,300)		—		10
Insurance license	1,400		—		1,400		Indefinite
Total other intangible assets, net	$	74,313	$	(64,374)	$	9,939
As of December 31, 2019:
Customer relationships	$	53,213	$	(52,319)	$	894	11
Trade names	15,400		(7,058)		8,342		24
Technology	4,300		(4,300)		—		10
Insurance license	1,400		—		1,400		Indefinite
Total other intangible assets, net	$	74,313	$	(63,677)	$	10,636

Other intangible assets are reviewed annually for impairment and more frequently if potential impairment indicators exist. No impairment indicators were identified during the three and nine months ended September 30, 2020 and 2019.

Other intangible assets with definite useful lives are amortized on a straight-line basis over their useful lives. Other intangible assets amortization expense was $0.2 million and $1.3 million for the three months ended September 30, 2020 and 2019, respectively, and $0.7 million and $3.8 million for the nine months ended September 30, 2020 and 2019, respectively.

The following table presents the estimated future amortization expense related to other intangible assets as of September 30, 2020:

Year	Amortization Expense
	(Amounts in thousands)
Remainder of 2020	$	226
2021	902
2022	878
2023	714
2024	686
Thereafter	5,133
Total	$	8,539