XML 59 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Insurance Activity (Tables)
3 Months Ended
Mar. 31, 2014
Insurance [Abstract]  
Schedule of Premiums Assumed and Earned

Premiums assumed and earned are as follows for the periods ended March 31, 2014 and 2013, respectively:

 

     Three Months
Ended March 31,
2014
     Three Months
Ended March 31,
2013
 

Premiums assumed

   $ 2,039       $ 3,374   

Change in unearned premiums

     127         31   
  

 

 

    

 

 

 

Premiums earned

   $ 2,166       $ 3,405   
  

 

 

    

 

 

 
Components of Liability for Losses and Loss Adjustment Reserves

The components of the liability for losses and loss adjustment reserves are as follows as of March 31, 2014 and December 31, 2013, respectively:

 

     March 31,
2014
     December 31,
2013
 

Case-basis reserves

   $ 32,133       $ 41,159   

IBNR reserves

     668         713   

Premium deficiency reserves

     2,036         2,442   
  

 

 

    

 

 

 

Total losses and loss adjustment reserves

   $ 34,837       $ 44,314   
  

 

 

    

 

 

 
Summary of Losses and Loss Adjustment Reserve Activity

Losses and loss adjustment reserve activity are as follows for the three months ended March 31, 2014 and the year ended December 31, 2013, respectively:

 

     March 31,
2014
    December 31,
2013
 

Balance at beginning of period

   $ 44,314      $ 82,524   

Incurred - prior periods

     1,104        (6,159

Paid - prior periods

     (10,581     (32,051
  

 

 

   

 

 

 

Total losses and loss adjustment reserves

   $ 34,837      $ 44,314