Policy and Claim Reserves (Tables)

3 Months Ended

Mar. 31, 2018

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,
	2018			2017
Summary of claims and claim adjustment expense reserves
Balance, beginning of year	$	7,075		$	7,531
Less reinsurance recoverable on unpaid losses	327			1,184
Net balances at beginning of year	6,748			6,347
Net losses:
Provision for claims and claim adjustment expenses for claims arising in current year	9,185			10,786
Estimated claims and claim adjustment expenses for claims arising in prior years	(1,097		)	(751		)
Total increases	8,088			10,035
Claims and claim adjustment expense payments for claims arising in:
Current year	5,527			7,090
Prior years	2,567			2,006
Total payments	8,094			9,096
Net balance at end of period	6,742			7,286
Plus reinsurance recoverable on unpaid losses	185			526
Claims and claim adjustment expense reserves at end of period	$	6,927		$	7,812