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Estimated title losses (Tables)
6 Months Ended
Jun. 30, 2019
Insurance [Abstract]  
Summary of estimated title losses A summary of estimated title losses for the six months ended June 30 is as follows:
 
2019
 
2018
 
($000 omitted)
Balances at January 1
461,560

 
480,990

Provisions:
 
 
 
Current year
33,833

 
41,372

Previous policy years
640

 
(3,694
)
Total provisions
34,473

 
37,678

Payments, net of recoveries:
 
 
 
Current year
(5,722
)
 
(5,263
)
Previous policy years
(39,929
)
 
(33,590
)
Total payments, net of recoveries
(45,651
)
 
(38,853
)
Effects of changes in foreign currency exchange rates
(174
)
 
(4,355
)
Balances at June 30
450,208

 
475,460

Loss ratios as a percentage of title operating revenues:
 
 
 
Current year provisions
4.1
%
 
4.6
%
Total provisions
4.1
%
 
4.2
%