General General (Tables)

6 Months Ended

Jun. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Effects of Reinsurance

The effect of reinsurance on property and casualty premiums written and earned was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
	(Amounts in thousands)
Premiums Written
Direct	$	963,418	$	823,031	$	1,910,024	$	1,772,775
Ceded	(15,785)		(10,041)		(31,428)		(21,399)
Assumed	218		205		12,887		7,835
Net	$	947,851	$	813,195	$	1,891,483	$	1,759,211
Premiums Earned
Direct	$	931,833	$	814,559	$	1,852,900	$	1,741,600
Ceded	(15,617)		(11,818)		(31,160)		(25,563)
Assumed	3,299		2,056		6,590		4,103
Net	$	919,515	$	804,797	$	1,828,330	$	1,720,140

Allowance for Credit Losses on Premium Receivable

The following table presents a summary of changes in allowance for credit losses on premiums receivable:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
	(Amounts in thousands)
Beginning balance	$	7,000	$	10,000	$	10,000	$	1,445
Cumulative effect of adopting ASU 2016-13	—		—		—		1,855
Beginning balance, as adjusted	7,000		10,000		10,000		3,300
Provision during the period for expected credit losses	(390)		719		(2,532)		8,888
Write-off amounts during the period	(757)		(885)		(1,771)		(2,543)
Recoveries during the period of amounts previously written off	147		166		303		355
Ending balance	$	6,000	$	10,000	$	6,000	$	10,000

Allowance for Credit Losses on Reinsurance Recoverables

The following table presents a summary of changes in allowance for credit losses on reinsurance recoverables:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
	(Amounts in thousands)
Beginning balance	$	—	$	148	$	91	$	—
Cumulative effect of adopting ASU 2016-13	—		—		—		159
Beginning balance, as adjusted	—		148		91		159
Provision during the period for expected credit losses	—		(60)		(91)		(71)
Write-off amounts during the period	—		—		—		—
Recoveries during the period of amounts previously written off	—		—		—		—
Ending balance	$	—	$	88	$	—	$	88