General (Tables)

9 Months Ended

Sep. 30, 2023

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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(Amounts in thousands)
Premiums Written
Direct	$	1,230,024	$	1,049,088	$	3,374,477	$	3,086,222
Ceded	(30,889)		(22,805)		(78,463)		(57,776)
Assumed	195		138		15,293		10,582
Net	$	1,199,330	$	1,026,421	$	3,311,307	$	3,039,028
Premiums Earned
Direct	$	1,110,013	$	1,009,829	$	3,174,296	$	2,974,651
Ceded	(30,917)		(22,825)		(78,114)		(57,383)
Assumed	3,883		2,684		11,630		8,142
Net	$	1,082,979	$	989,688	$	3,107,812	$	2,925,410

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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(Amounts in thousands)
Beginning balance	$	5,400	$	6,000	$	5,800	$	6,000
Provision during the period for expected credit losses	537		1,153		2,005		3,330
Write-off amounts during the period	(863)		(1,311)		(3,010)		(3,798)
Recoveries during the period of amounts previously written off	126		158		405		468
Ending balance	$	5,200	$	6,000	$	5,200	$	6,000