Policy and Claim Reserves (Tables)

6 Months Ended

Jun. 30, 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):

	Six months ended June 30,
	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	22,667			17,105
Estimated claims and claim adjustment expenses for claims arising in prior years	(1,202		)	(1,391		)
Total increases	21,465			15,714
Claims and claim adjustment expense payments for claims arising in:
Current year	18,033			13,154
Prior years	2,532			4,245
Total payments	20,565			17,399
Net balance at end of period	7,247			6,580
Plus reinsurance recoverable on unpaid losses	356			427
Claims and claim adjustment expense reserves at end of period	$	7,603		$	7,007