Policy and Claim Reserves (Tables)

6 Months Ended

Jun. 30, 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):

	Six months ended June 30,
	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	17,375			22,667
Estimated claims and claim adjustment expenses for claims arising in prior years	(896		)	(1,202		)
Total increases	16,479			21,465
Claims and claim adjustment expense payments for claims arising in:
Current year	13,424			18,033
Prior years	3,144			2,532
Total payments	16,568			20,565
Net balance at end of period	6,659			7,247
Plus reinsurance recoverable on unpaid losses	188			356
Claims and claim adjustment expense reserves at end of period	$	6,847		$	7,603