Reinsurance

6 Months Ended

Jun. 30, 2020

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,
	2020		2019		2020		2019
Net assumed written premiums	$	17.3	$	11.9	$	34.6	$	27.7
Net premiums earned	14.2		13.1		27.1		25.3
Provision for claims	9.3		8.3		18.1		14.9
Amortization of capitalized acquisition costs	0.2		0.4		0.6		0.7

The trust assets and related reinsurance liabilities are as follows:

(In millions)		As of
	Balance Sheet location	June 30, 2020		December 31, 2019
Trust assets	Restricted cash and cash equivalents	$	0.8	$	0.9
Trust assets	Restricted securities available for sale	67.9		59.3
Unearned premium	Accounts payable and accrued liabilities	51.6		44.1
Claims reserve (1)	Accounts payable and accrued liabilities	2.3		1.8

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