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Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2020
Reinsurance Disclosures [Abstract]  
Reinsurance Recoverable, Credit Quality Indicator [Table Text Block]
 
 
March 31, 2020
($ in thousands)
 
Current
 
Past Due
 
Total Reinsurance Recoverables
Financial strength rating of rated reinsurers1
 
 
 
 
 
 
A++
 
$
20,835

 
$
—

 
$
20,835

A+
 
428,354

 
3,229

 
431,583

A
 
25,915

 
—

 
25,915

A-
 
508

 
—

 
508

B++
 
316

 
94

 
410

B+
 
21

 
—

 
21

Total rated reinsurers
 
$
475,949

 
$
3,323

 
$
479,272

 
 
 
 
 
 
 
Non-rated reinsurers
 
 
 
 
 
 
Federal and state pools
 
80,245

 
60

 
80,305

Other than federal and state pools
 
5,459

 
—

 
5,459

Total non-rated reinsurers
 
$
85,704

 
$
60

 
$
85,764

 
 
 
 
 
 
 
Total reinsurance recoverable, gross
 
$
561,653

 
$
3,383

 
$
565,036

Less: allowance for credit losses2
 
(1,502
)
 
—

 
(1,502
)
Total reinsurance recoverable, net
 
$
560,151

 
$
3,383

 
$
563,534

1Credit ratings as of March 31, 2020.
Reinsurance Recoverable, Allowance for Credit Loss [Table Text Block]
($ in thousands)
 
March 31, 2020
Balance, December 31, 2019
 
$
4,400

Cumulative effect adjustment1
 
(2,903
)
Balance, January 1, 2020
 
$
1,497

Current period provision for expected credit losses
 
5

Write-offs charged against the allowance
 
—

Recoveries
 
—

Allowance for credit losses, end of period
 
$
1,502

1See Note 2. "Adoption of Accounting Pronouncements" for additional information regarding our adoption of ASU 2016-13.
Schedule of List Of Direct, Assumed, And Ceded Reinsurance Amounts
 
 
Quarter Ended March 31,
($ in thousands)
 
2020
 
2019
Premiums written:
 
 

 
 

Direct
 
$
746,431

 
766,394

Assumed
 
6,043

 
6,555

Ceded
 
(105,147
)
 
(100,002
)
Net
 
$
647,327

 
672,947

Premiums earned:
 
 

 
 

Direct
 
$
754,892

 
728,037

Assumed
 
6,173

 
6,562

Ceded
 
(109,362
)
 
(102,026
)
Net
 
$
651,703

 
632,573

Loss and loss expenses incurred:
 
 

 
 

Direct
 
$
425,795

 
424,657

Assumed
 
4,898

 
5,265

Ceded
 
(30,369
)
 
(43,343
)
Net
 
$
400,324

 
386,579
Schedule of Ceded Premiums and Losses Related to Flood Operations
Ceded to NFIP
 
Quarter Ended March 31,
($ in thousands)
 
2020
 
2019
Ceded premiums written
 
$
(62,087
)
 
(60,013
)
Ceded premiums earned
 
(66,861
)
 
(62,263
)
Ceded loss and loss expenses incurred
 
(5,096
)
 
(13,686
)