Policy and Claim Reserves (Tables)

9 Months Ended

Sep. 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):

	Nine months ended September 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	32,867			25,987
Estimated claims and claim adjustment expenses for claims arising in prior years	(1,355		)	(1,673		)
Total increases	31,512			24,314
Claims and claim adjustment expense payments for claims arising in:
Current year	26,275			20,923
Prior years	3,041			4,650
Total payments	29,316			25,573
Net balance at end of period	8,543			7,006
Plus reinsurance recoverable on unpaid losses	354			427
Claims and claim adjustment expense reserves at end of period	$	8,897		$	7,433