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Reinsurance (Tables)

9 Months Ended

Sep. 30, 2023

Reinsurance Disclosures [Abstract]

Reinsurance Recoverable, Credit Quality Indicator [Table Text Block]

						September 30, 2023
($ in thousands)						Current						Past Due						Total Reinsurance Recoverables
Financial strength rating of rated reinsurers
A++						$	87,295					$	20					$	87,315
A+						377,078						4,876						381,954
A						116,903						1,981						118,884
A-						3,669						89						3,758
Total rated reinsurers						$	584,945					$	6,966					$	591,911
Non-rated reinsurers
Federal and state pools						$	88,777					$	16					$	88,793
Other than federal and state pools						6,227						210						6,437
Total non-rated reinsurers						$	95,004					$	226					$	95,230
Total reinsurance recoverable, gross						$	679,949					$	7,192					$	687,141
Less: allowance for credit losses																		(1,800)
Total reinsurance recoverable, net																		$	685,341

						December 31, 2022
($ in thousands)						Current						Past Due						Total Reinsurance Recoverables
Financial strength rating of rated reinsurers
A++						$	46,282					$	1					$	46,283
A+						425,395						3,191						428,586
A						106,102						1,315						107,417
A-						7,148						89						7,237
Total rated reinsurers						$	584,927					$	4,596					$	589,523
Non-rated reinsurers
Federal and state pools						$	180,794					$	—					$	180,794
Other than federal and state pools						13,678						415						14,093
Total non-rated reinsurers						$	194,472					$	415					$	194,887
Total reinsurance recoverable, gross						$	779,399					$	5,011					$	784,410
Less: allowance for credit losses																		(1,600)
Total reinsurance recoverable, net																		$	782,810

Reinsurance Recoverable, Allowance for Credit Loss [Table Text Block]

($ in thousands)						Quarter ended September 30,												Nine Months ended September 30,
						2023						2022						2023						2022
Balance at beginning of period						$	1,800					1,600						$	1,600					1,600
Current period change for expected credit losses						—						—						200						—
Write-offs charged against the allowance for credit losses						—						—						—						—
Recoveries						—						—						—						—
Allowance for credit losses, end of period						$	1,800					1,600						$	1,800					1,600

Schedule of List Of Direct, Assumed, And Ceded Reinsurance Amounts

						Quarter ended September 30,												Nine Months ended September 30,
($ in thousands)						2023						2022						2023						2022
Premiums written:
Direct						$	1,214,444					1,037,612						$	3,579,700					3,089,166
Assumed						9,087						9,531						20,058						23,398
Ceded						(165,206)						(143,749)						(456,758)						(388,631)
Net						$	1,058,325					903,394						$	3,143,000					2,723,933
Premiums earned:
Direct						$	1,123,444					984,981						$	3,229,170					2,872,008
Assumed						8,916						8,514						21,174						21,523
Ceded						(150,443)						(139,616)						(423,941)						(392,930)
Net						$	981,917					853,879						$	2,826,403					2,500,601
Loss and loss expense incurred:
Direct						$	741,288					732,568						$	2,053,511					1,821,069
Assumed						8,182						6,443						19,115						15,846
Ceded						(103,573)						(191,185)						(213,161)						(269,985)
Net						$	645,897					547,826						$	1,859,465					1,566,930

X

- Definition

Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 605
-Topic 944
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479655/944-605-50-1

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- Definition

Tabular disclosure of allowance for credit loss on reinsurance recoverable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of credit quality indicator for reinsurance recoverable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-5

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