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General General (Tables) | 6 Months Ended
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Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Effects of Reinsurance | The effect of reinsurance on property and casualty premiums written and earned was as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (Amounts in thousands)
Premiums Written |  |  |  |  |  |  |
Direct | $ | 963,418 |  |  | $ | 823,031 |  |  | $ | 1,910,024 |  |  | $ | 1,772,775 |
Ceded | (15,785) |  |  | (10,041) |  |  | (31,428) |  |  | (21,399) |
Assumed | 218 |  |  | 205 |  |  | 12,887 |  |  | 7,835 |
Net | $ | 947,851 |  |  | $ | 813,195 |  |  | $ | 1,891,483 |  |  | $ | 1,759,211 |
Premiums Earned |  |  |  |  |  |  |
Direct | $ | 931,833 |  |  | $ | 814,559 |  |  | $ | 1,852,900 |  |  | $ | 1,741,600 |
Ceded | (15,617) |  |  | (11,818) |  |  | (31,160) |  |  | (25,563) |
Assumed | 3,299 |  |  | 2,056 |  |  | 6,590 |  |  | 4,103 |
Net | $ | 919,515 |  |  | $ | 804,797 |  |  | $ | 1,828,330 |  |  | $ | 1,720,140 |
Allowance for Credit Losses on Premium Receivable | The following table presents a summary of changes in allowance for credit losses on premiums receivable:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
|  | (Amounts in thousands)
Beginning balance |  | $ | 7,000 |  |  | $ | 10,000 |  |  | $ | 10,000 |  |  | $ | 1,445 |
Cumulative effect of adopting ASU 2016-13 |  | — |  |  | — |  |  | — |  |  | 1,855 |
Beginning balance, as adjusted |  | 7,000 |  |  | 10,000 |  |  | 10,000 |  |  | 3,300 |
Provision during the period for expected credit losses |  | (390) |  |  | 719 |  |  | (2,532) |  |  | 8,888 |
Write-off amounts during the period |  | (757) |  |  | (885) |  |  | (1,771) |  |  | (2,543) |
Recoveries during the period of amounts previously written off |  | 147 |  |  | 166 |  |  | 303 |  |  | 355 |
Ending balance |  | $ | 6,000 |  |  | $ | 10,000 |  |  | $ | 6,000 |  |  | $ | 10,000 |
Allowance for Credit Losses on Reinsurance Recoverables | The following table presents a summary of changes in allowance for credit losses on reinsurance recoverables:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
|  | (Amounts in thousands)
Beginning balance |  | $ | — |  |  | $ | 148 |  |  | $ | 91 |  |  | $ | — |
Cumulative effect of adopting ASU 2016-13 |  | — |  |  | — |  |  | — |  |  | 159 |
Beginning balance, as adjusted |  | — |  |  | 148 |  |  | 91 |  |  | 159 |
Provision during the period for expected credit losses |  | — |  |  | (60) |  |  | (91) |  |  | (71) |
Write-off amounts during the period |  | — |  |  | — |  |  | — |  |  | — |
Recoveries during the period of amounts previously written off |  | — |  |  | — |  |  | — |  |  | — |
Ending balance |  | $ | — |  |  | $ | 88 |  |  | $ | — |  |  | $ | 88 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details
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- Definition Tabular disclosure of allowance for credit loss on premium receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
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