XML 77 R61.htm IDEA: XBRL DOCUMENT v3.24.0.1
Reserve for Losses and Loss Adjustment Expenses - Reconciliation of Reserve Balances for Losses and Loss Adjustment Expense (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Reconciliation of the beginning and ending reserve balances for losses and loss adjustment expenses (LAE)        
Reserve for losses and LAE at beginning of year $ 216,464 $ 407,445 $ 374,941  
Less: Reinsurance recoverables 24,104 14,618 25,940 $ 19,061
Net reserve for losses and LAE at beginning of year 201,846 381,505 355,880  
Net reserves acquired during the period 14,049 0 0  
Add provision for losses and LAE, net of reinsurance, occurring in:        
Current year 141,191 99,372 97,256  
Prior years (109,649) (274,076) (66,199)  
Net incurred losses and LAE during the current year 31,542 (174,704) 31,057  
Deduct payments for losses and LAE, net of reinsurance, occurring in:        
Current year 694 224 388  
Prior years 10,752 4,731 5,044  
Net loss and LAE payments during the current year 11,446 4,955 5,432  
Net reserve for losses and LAE at end of year 235,991 201,846 381,505  
Plus: Reinsurance recoverables 24,104 14,618 25,940 $ 19,061
Reserve for losses and LAE at end of year $ 260,095 $ 216,464 $ 407,445