Reinsurance

6 Months Ended

Jun. 30, 2019

Insurance [Abstract]

Reinsurance [Text Block]

REINSURANCE

A summary of reinsurance activity is as follows:

(In millions)	For the Three Months Ended   June 30,				For the Six Months Ended   June 30,
	2019		2018		2019		2018
Net assumed written premiums	$	11.9	$	14.2	$	27.7	$	30.4
Net premiums earned	13.1		11.7		25.3		22.0
Provision for claims	8.3		7.3		14.9		12.5
Amortization of capitalized acquisition costs	0.4		0.2		0.7		0.5

The trust assets and related reinsurance liabilities are as follows:

(In millions)		As of
	Balance Sheet location	June 30, 2019		December 31, 2018
Trust assets	Restricted cash and cash equivalents	$	0.5	$	0.3
Trust assets	Restricted securities available for sale	61.5		58.6
Unearned premium	Accounts payable and accrued liabilities	45.7		43.3
Claims reserve (1)	Accounts payable and accrued liabilities	2.0		1.6

(1)

The claims reserve represents our liability for incurred-but-not-reported claims and is estimated based on historical claims experience.