Schedule III - Supplementary Insurance Information

12 Months Ended

Dec. 31, 2020

Schedule III - Supplementary Insurance Information [Abstract]

Schedule III - Supplementary Insurance Information

SCHEDULE III

PROTECTIVE INSURANCE CORPORATION AND SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

(in thousands)

	As of December 31								Year Ended December 31
Segment	Deferred Policy Acquisition Costs		Reserves for Unpaid Claims and Claim Adjustment Expenses		Unearned Premiums		Other Policy Claims and Benefits Payable		Net Premium Earned		Net Investment Income		Benefits, Claims, Losses and Settlement Expenses		Amortization of Deferred Policy Acquisition Costs		Other Operating Expenses		Net Premiums Written
											(A)		(A)				(A) (B)
Property/Casualty Insurance
2020	$	9,744	$	1,089,669	$	63,731		–	$	445,515	$	25,422	$	318,958	$	79,947	$	41,241	$	441,000
2019		8,496		988,305		74,810		–		447,288		26,249		348,468		81,734		34,043		452,242
2018		6,568		865,339		71,625		–		432,880		22,048		345,864		78,105		23,514		444,398

(A) Allocations of certain expenses have been made to investment income, settlement expenses and other operating expenses and are based on a number of assumptions and estimates.  Results among these categories would change if different methods were applied.

(B) Commission allowances relating to reinsurance ceded are offset against other operating expenses.