POLICY AND CLAIM RESERVES (Tables)

6 Months Ended

Jun. 30, 2019

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,
	2019			2018
Summary of claims and claim adjustment expense reserves
Balance, beginning of year	$	8,208		$	7,075
Less reinsurance recoverable on unpaid losses	1,384			327
Net balances at beginning of year	6,824			6,748
Net losses:
Provision for claims and claim adjustment expenses for claims arising in current year	18,491			17,375
Estimated claims and claim adjustment expenses for claims arising in prior years	(943		)	(896		)
Total increases	17,548			16,479
Claims and claim adjustment expense payments for claims arising in:
Current year	14,392			13,424
Prior years	3,162			3,144
Total payments	17,554			16,568
Net balance at end of period	6,818			6,659
Plus reinsurance recoverable on unpaid losses	202			188
Claims and claim adjustment expense reserves at end of period	$	7,020		$	6,847