Policy and Claim Reserves (Tables)

3 Months Ended

Mar. 31, 2017

Insurance [Abstract]

Reconciliation of Policy and Claim Reserves

The following table is a reconciliation of beginning and ending property and casualty reserve balances for claims and claim adjustment expense (dollars in thousands):

	Three months ended March 31,
	2017			2016
Summary of claims and claim adjustment expense reserves
Balance, beginning of year	$	7,531		$	9,645
Less reinsurance recoverable on unpaid losses	1,184			1,380
Net balances at beginning of year	6,347			8,265
Net losses:
Provision for claims and claim adjustment expenses for claims arising in current year	10,786			8,877
Estimated claims and claim adjustment expenses for claims arising in prior years	(751		)	(839		)
Total increases	10,035			8,038
Claims and claim adjustment expense payments for claims arising in:
Current year	7,090			5,785
Prior years	2,006			3,546
Total payments	9,096			9,331
Net balance at end of year	7,286			6,972
Plus reinsurance recoverable on unpaid losses	526			1,272
Claims and claim adjustment expense reserves at end of year	$	7,812		$	8,244