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Allowance for Credit Losses on Premiums Receivable
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Premium Receivable, Allowance for Credit Loss Allowance for Credit Losses on Premiums Receivable
The following table provides a roll forward of the ACL on our premiums receivable balance for 2021 and 2020:
($ in thousands)December 31, 2021December 31, 2020
Balance at beginning of year$21,000 6,400 
Cumulative effect adjustment1
— 1,058 
Balance at beginning of year, as adjusted$21,000 7,458 
Current period change for expected credit losses1,291 16,751 
Write-offs charged against the allowance for credit losses(9,343)(3,754)
Recoveries652 545 
ACL, end of year$13,600 21,000 
1Represents the impact of our adoption of ASU 2016-13, Financial Instruments - Credit Losses.
In 2020, we recognized an additional allowance for credit losses of $13.5 million, net of write-offs and recoveries. This increase was driven by heightened credit risk in 2020 related to the COVID-19 pandemic and considering (i) the billing accommodations we announced during the first quarter of 2020, and (ii) the impact of certain state regulations that provided for deferral of payments without cancellation for a period up to 90 days and increased earned but uncollected premiums. During 2021, the uncertainty around customer payment patterns in light of COVID-19 significantly declined. As a result, we realized a portion of the anticipated write-offs, and further reduced our current expected allowance on outstanding receivables, which reduced our allowance to $13.6 million at December 31, 2021.